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Donetsk metallurgists have VAT

Metallurgicheskie the largest companies of Ukraine Rinat Akhmetov's Metinvest and the Corporation Industrial Union of Donbass Sergei Taruta, Oleg Mkrtchan and Alexander Katunin in July received an automatic refund of VAT.
This is evidenced by the data published on the website of the State Treasury of Ukraine.
The largest recipient of VAT became Mariupol metallurgical plant them. Ilyich 646 million, Zaporizhstal won 315 million, Azovstal 258 million, comprised of 76 million hryvnia. ISD Corporation, which includes the Alchevsk iron and steel plant Dneprodzerzhinsk 567 million.
Recall that in June, the machine got only the Central GOK Akhmetov, who returned to 14 million hryvnia, and the rest of the mining and metallurgical plants of the oligarch was left without money.
Enterprises referred to in the request (company groups, ISD and Metinvest), as of June did not meet the criteria of automatic compensation, said Hubs a month earlier in a press-service of the Ministry of income and fees.
New VAT payments do not include old debts. One of the top managers of the ISD told Hubs that the June reimbursement and remained outstanding.
Enterprises of Donetsk region received from the Treasury 1.9 billion hryvnias, approximately 40% of the total volume of payments in Ukraine 4.7 billion hryvnia. The leaders in terms of the July VAT refund there are other steel company: ArcelorMittal Kryvyi Rih Lakshmi Mittal, Poltava GOK Konstantin Zhevago, the enterprises of Evraz group Roman Abramovich and Donetskstal Victor Nusenkis.

Ukraine: big prospects for small metallurgy

The advantages of mini-metallurgical plants in front of "large" plants is especially evident nowadays, when most large companies incurs losses because of incomplete capacity utilization. Paradoxically, Ukraine, empowered for the development of mini-metallurgy, lags far behind global trends – mini-factories is given less than 5% of steel production in the country.
World mini-metallurgy is actively developing more than four decades, with a number of significant advantages compared to large mills:
speed of response to changing demand for different types of products (from raw material preparation to rolling of commodity production on the mini-plant is 10-16 hours, while the large metallurgical plant from a half to three days;
the ability to execute small orders for a particular customer;
lower resource and energy intensity of its own production, making them more cost-effective compared to the enterprises of a full cycle of steel production;
located in close proximity to the consumers of the final products and resources allows such plants to actively use a ready-made infrastructure of the region and, as a consequence, to reduce transport costs and investment to 4-7 times;
the lack in the processing chain of these harmful intermediate stages, as preparation of coal and iron ore, sinter and coke production allows you to reach higher environmental performance;
relatively low cost and has a shorter period of time spent on the construction of a steel mini-mill;
less than that of the large metallurgical enterprises, the payback period and the use of small working areas (five times less than the large steel companies.
Currently, there are already more than a thousand metallurgical mini-plants of various modifications and performance.
New projects in the world
According to analysts, more profitable to build manufacturing facilities in developing countries such as China, Brazil and India, where continued stable growth of demand for steel products. In a short time in the world, plans to launch a number of new mini-plants, namely:
in Belarus up to 2015 will launch a plant of sheet metal (with annual capacity of 600 thousand tons, and investments $650-700 million) and the factory iron casting (investment $300-400 million).
in Northern Iraq in the first quarter of 2013, the Jordanian Mass GLobal Investment will launch a plant for the production of rebar 10-32 mm (capacity of 1 million tons per year).
in Japan's six largest metallurgical and machine-building companies of Japan, including Kobe Steel Ltd., Hitachi Metals Ltd., IHI Corp. and Kawasaki Heavy Industries Ltd. collected in 2013 to establish a joint venture for titanium production for the aviation industry, potravin 20 billion yen ($240 million).
in the US, to 2016 is the world's largest steel pipe manufacturer Tenaris plans to build a seamless pipe factory worth $1.5 billion (with a capacity of 650 thousand tons per year).
in Algeria to 2017, the company Qatar International, a joint venture by Qatar Steel and Qatar Mining, will build a plant worth $2 billion (with a capacity of up to 5 million tons).
in China, Nippon Steel and Sumitomo will build a plant for the production of sheet metal.
Ukraine is lagging behind
However, in Ukraine, despite a number of significant advantages for the development of such facilities, mini-metallurgy is poorly developed. In 1999 appeared the first metallurgical mini-factory, established on the basis of the EAF, crimp and koprovogo of the shops of Donetsk metallurgical plant JSC "MMZ "ISTIL (Ukraine)", today known as PRJSC "Donetsk electrometallurgical plant" (Donetsk electrometallurgical plant). Its capacity is 1 million tons of steel per year. Currently, the plant is stopped and its further fate is not known.
In 2008, a second Ukrainian mini-mill steel complex LLC "Electrostal" Kurakhovo in the Donetsk region, the investor of which was the "Donetsk metal rolling plant" (DMPZ), faced with the shortage of steel billet. The advantage of the "Elektrostal" is the use of new modern equipment and located in the vicinity of thermal power plant. Today, despite the difficulties with the market and even at some time the suspension of production, the enterprise operates.
In 2009, the list of Ukrainian mini-mills joined the renewed factory "Azovelectrostal". The reconstruction was carried out with the aim of providing a steel casting engineering departments of the concern "Azovmash", and also to work with third-party consumers.
At the end of 2009, OOO "TSA-steel Group" on the basis of the former Pavlograd plant of technological equipment has built a steel making complex with annual capacity of about 250 thousand tons At present due to a number of organizational and technical reasons, the company is suspended.
Finally, in October 2012 was inaugurated the last of the existing in Ukraine "mini-mills" and the largest among them electric-furnace melting complex "Interpipe Steel" with a capacity of 1.32 million tonnes of steel per year. It is built on the site of JSC "Nizhnedneprovsky tube rolling plant", entering into group "Interpipe" with the aim of replacing the outdated open-hearth furnaces and providing pipe and wheel production with its own steel billets.
In the future there are several projects of construction of mini-plants in Ukraine that are under negotiation. One of the most visible projects may be the construction in 2014 bila Tserkva electric plant, who spent many years trying to implement the company "Euro Finance".
In Russia compared to Ukraine today is more developed mini-metallurgy in the near future it is planned to implement several projects of mini-mills. In 2013 it is planned commissioning of 3 mini-plants on production of building metal products – factories of "Severstal", NLMK and "Evraz (Stan "the South").
Svetlana Stasovsky,
UGMK.INFO

SEB banka credits the export of scrap metal from Latvia

Latvian SEB Bank provided a credit line in the amount of 8.5 million euros involved in the export of scrap metal a Latvian company Tolmets. The new credit facility is intended to support the expansion of the export of scrap metal businesses outside Europe in Turkey, India, Vietnam and Taiwan.
In the spring of 2011, SEB banka has provided Tolmets loan of 2.5 million euros, maturing in seven years. This loan was intended to support the company in the targeted expansion of its activities in the Baltic States and is intended for the purchase and installation of production equipment, and trade financing.
Founded in 1998, the company Tolmets is the largest in Latvia and the Baltic States enterprise for processing black and colored scrap metal. In Latvia, Lithuania and Estonia, employs more than 60 points of reception of scrap metal Tolmets. In 2011, 90% of products were exported to Spain, Switzerland, Italy, the Netherlands, Germany, Turkey and the countries of East Asia. In the pre-crisis 2007 the company's turnover reached 87,636 million lats and profit amounted to 1,628 million lats (of 124.24 and of 2.31 million euros, respectively). In the crisis year 2009 turnover of Tolmets fell to 59,734 million lats, but profit increased to 2,593 million lats (84,68 and 3.68 million euros, respectively).
REGNUM

The United States lost 7 percent of exports of steel

Steel producers in the United States sharply reduced exports of steel products in the first quarter of 2015 due to a stronger dollar. According to the American Institute for international steel (American Institute for International Steel, AIIS), shipments of steel products from the United States decreased in the first three months by 7 percent to 2.7 million tons.
The Institute bluntly pointed out that the problems of American exporters due primarily to the high rate of the US dollar against other world currencies. There also expect a further fall in steel exports due to the weakening global demand and the continued strengthening of the dollar.
Metallurgical companies in the US may face even greater difficulties with the export of its products warned in the AIIS.
A key focus of U.S. exports of steel during the first quarter was Canada. Steel exports to Canada amounted to 1.3 million tonnes, sharply down by 17 percent compared to the same period last year. On the other hand, exports to Mexico increased by 7 percent during the quarter to 1.05 million tons. Us exports of steel to the EU soared by 388 percent to 111 200 tons.
Export growth was observed in the following commodity groups: cold-rolled sheet (177 of 200 tons, which is 10 percent more than in the same period last year) and stainless steel (247 500 tons, or 39 percent more than in the same period last year).
Most affected by the rising dollar plate mill structural steel (164 000 tonnes, a drop of 39 percent), OCTG pipe OCTG (98 of 300 tons, 23 percent less than in the same period last year), valves (86 to 800 tons, a drop of 31%) and pipe (33 700 tonnes, a drop of 60 percent).