In 2015 Zaporozhye Ferro Alloys Plant received 154.95 million UAH of losses. According to the company statement, its net income increased by 29% YoY, or by 1143.68 million UAH, to 5057.77 million UAH. (Ukrainian metal)
In 2016 ArcelorMittal Kriviy Rih expects to see substantial financial results increase. “The price situation is improving, we can feel it. If there are no surprises, I’m sure 2016 will be much better than 2015”, said the company CEO Paramjit Kahlon. AMKR also intends to increase output by 7% YoY. (Ukrainian metal)
Mechel, one of the leading Russian mining and metals companies, announces 2015 operational results. Production: Product 2015, thousand tons 2014, thousand tons % Q4 2015, thousand tons Q3 2015, thousand tons % Run-of-mine coal 23,181 22,624 +2 5,776 5,957 -3 Pig iron 4,065 3,946 +3 1,006 1,014 -1 Steel 4,321 4,269 +1 1,081 1,093 -1…
This year Yenakievo Iron and Steel Works plans to put the pulverized coal injection system at its blast furnaces No. 3 and 5 into operation. “The machine could inject up to 240 kilograms of pulverized coal per 1 ton of pig iron, thus decreasing coke consumption”, said the company in its statement. The works also…
India has invited Ukrainian companies to cooperate in metal, chemical, machine-building and textile industries. “Ukraine is interested in providing services to India, in particular in construction and reconstruction of by-product coke complexes”, said Elena Balbekova, director of the international trade and economical cooperation and European integration department of the Ministry of economical development and trade.…
The volume of products sold by the Zaporozhye region in January-March reached 31.2 billion UAH, or 7.9% of the total volume in Ukraine (4th place among the regions). The regional companies produced 37.4% of steel, 15.5% of pig iron and 28.4% of rolled metal in the country. Metal manufacture saw a 2.7% increase YoY. (Ukrainian…
Almost all Ukrainian iron and steel works are suffering from scrap shortage. According to Derzhzovnishinform, in April they received 150 thousand tons of scrap, or 97% of the needs. Stocks haven’t changed much and total 35 thousand tons. In early May scrap prices were on the level of $269-271 per ton FOB. Last year scrap…
In January-April Ukraine imported $463.92 million worth of coal, including $106.65 million in April. According to the State Fiscal Service, Russia supplied $287.41 million worth of coal, USA – $62.38 million, Australia – $35.68 million, while other countries supplied $78.44 million worth of coal. The total imports of the coal reached 5350.46 thousand tons. At…