In 2016 Metinvest paid over 465 million UAH of environment tax. According to Mariupol Ilyich Iron and Steel Works CEO Yuri Zinchenko, the works’ share was 72.5 million UAH. At the same time he doubts the efficiency of dividing the environment tax and using it, as 25% of the tax goes to the local budget,…
Severstal Distribution has won a tender to supply 900 tons of rebars to the sites 7-8 of the M-11 Moscow – Saint Petersburg federal highway. The metal has been delivered to the partners of the general contractor of the construction Ichtash Astaldo: Stroyuniversal-Invest LLC and Trest Hydromontazh. The rolled metal, supplied by the Severstal Distribution…
The government of Ukraine will ask the president to sign the decree on the extension of the scrap export duties of 30 euro per ton, the Prime Minister Vladimir Groysman said in London. “Under the military aggression Ukraine needs metal to provide for its own defense”, he said. In September 2016 the president Petr Poroshenko…
In January-June Ukraine increased ferrous metals exports revenue by 21.9% YoY, to $4.081 billion. According to the State Fiscal Service, ferrous metals exports amounted to 19.77% of all export revenue as opposed to 20.13% in H1 2016. In June Ukraine exported $703.436 million worth of ferrous metals. Imports in 6 months increased by 37.7%, to…
According to the results of the “Best Kazakhstani Product-2017” competition ArcelorMIttal Temirtau was among the winners of the “Best industrial product”. The company cold-rolled metal was named one of the best products. The local contents in the cold-rolled metal exceed 90%, while exports reach 90%. AMT intends to start producing channels and improve its position…
In January-March trade turnover with Russia increased by 34%, to $3.384 billion. Exports increased by 26%, to $1.67 billion, and imports – by 43%, to $1.714 billion. Ferrous and non-ferrous metals exports amounted to $283 million, up by 80%. (Ukrainian metal)
In 2018 the Kazakhmys Corporation LLC intends to put the Karashoshak mine into operation. “It was an open-pit copper mine, but now all the mining will be done underground. The ore lies deep, so it’s easier and more efficient to mine it that way”, the company said. The construction of the mine started in 2016.…
The Central Mining and Processing Works has implemented an energy saving model, which would decrease the product prime cost. According to the company CEO Dmitry Shevchik, it now uses frequency regulation systems. They allow decreasing electricity usage and increasing the lifecycle of the equipment. At present the company operates 12 electric devices to control pumps,…