Month Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 52 60 52 59 October 51 60 54 62 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…
In October Ukraine produced 5935 thousand tons of iron ore and concentrate, up by 4.8% MoM, or by 271 thousand tons. In particular, iron ore output dropped by 10.3% MoM, or by 95 thousand tons, to 823 thousand tons, while iron ore concentrate production went up by 7.7% MoM, or by 366 thousand tons, to…
In January-October Ferrexpo plc, controlling Poltava and Yeristovo Mining and Processing Works produced 9.25 million tons of pellets, down by 4.6% YoY. According to a company representative, its concentrate output went up by 1.9% YoY, to 11.72 million tons. In October 930 thousand tons of pellets and 1.14 million tons of concentrate was produced. Ferrexpo…
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 47 54 52 60 September 51 59 51 58 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…
In January-September Poltava Mining and Processing Works exported 8.41 million tons of iron ore pellets. According to the state enterprise Ukrpromvneshexpertisa, the company exported pellets to Europe and the Near East, as well as Japan, China and Korea. Central GOK exported 1.71 million tons of pellets. In January-September PGOK produced 8.32 million tons of iron…
In September Ukraine produced 5664 thousand tons of iron ore and concentrate, down by 7.8% MoM, or by 477 thousand tons. According to Ukrmetallurgprom, in particular, iron ore output dropped by 24.2% MoM, or by 293 thousand tons, to 918 thousand tons, that of concentrate – by 3.7%, or by 184 thousand tons, to 4746…
For the past three years Ferrexpo has decreased its pellets supplies to China from 25% to 13%. “We started with 25% sales to China, but once we improved the quality of our pellets, we started selling more to the Western Europe and the North-Eastern Asia”, the investors and communications director Ingrid McMahon reported. According to…
In 2016 Ferrexpo, controlling Poltava and Yeristovo Mining and Processing Works, intends to keep pellets output on the last year level, when it produced 11.66 million tons. “We expect pellets output to reach 11.2-11.3 million tons, though we hope it will be higher. But what is important for us is that 94% of them will…