In May Ukraine imported $8.07 million worth of manganese ore, while imports reached $0.1 million. According to the State Fiscal Service, in May Ukraine imported mostly from Australia ($2.85 million). In January-May manganese imports totaled $31.22 million, while exports were on the level of $1.23 million. (Ukrainian metal)
The deputy minister of energy and coal industry of Ukraine Dmitry Labozhenko has discussed prospects of cooperation in modernization of state coal companies with the representatives of the State Development Bank of China. Ukraine has already received Chinese credit to modernize a Lisichanskugol mine ($85 million). In 2012 Naftogaz Ukrainy signed an agreement with the…
The Commercial court of Lugansk region decided to collect the debt of 742.35 million UAH from Alchevsk Iron and Steel Works for electricity provided by the Lugansk power company. According to the decree, the works has also to pay 151.43 million UAH of fines. The power company states, that Ukraine-uncontrolled territories of Lugansk region receive…
The Zarechnaya mine is being taken from Lvivugol. Vladimir Lokshina has been appointed the acting director of the mine. The mine was put into operation in 1970 and joined Lvivugol in 2003. According to the Cabinet of Ministers decree of 2015 the mine was included in the list of profitless companies to be shut down.…
Donetsk Iron and Steel Works has resumed operation after a forced delay following the partial stop of railroad connection in the ATO zone. The works has already produced 1.5 thousand tons of pig iron. At the same time Alchevsk Iron and Steel Works has been working at low capacities for a week. It produces some…
ArcelorMittal Kriviy Rih has started producing a new type of reinforcement steel – A400 die-rolled section rebar with 6 mm diameter according to DSTU 3760:2006. Such rebars are used in housing and industrial construction. “We have increased the range of our rolled products from 22 types to 56. The new A400 rebars have been developed…
ArcelorMIttal Kriviy Rih has dismissed three members of the supervisory board ahead of time. Among them is the ex-head of the President Secretariat Oleg Rybachuk. According to the company statement, Frantisek Chowaniec and Gerhard Renz have also been dismissed. At the same time ArcelorMittal Berislav has dismissed Wilhelmer Michael from the office of the supervisory…
The state enterprise “Ukrpromvneshexpertiza” believes scrap prices to fall in the summer period. Local prices will be on the level of 3300-4100 UAH per ton till mid-July, and 3300-3800 UAH per ton till mid-August. HMS 1&2 CIF Turkey will cost $210-250 per ton. In May – early June scrap price dropped from $325 per ton…