Avdiivka Coke and Chemical Works reports the railroad transportation near Avdiivka has been resumed after shelling destroyed the station. “I thank Ukrzaliznytsia for quick restoration of the railroad and electric lines. This allowed us to bring coal and take part of our coke”, said the company CEO Musa Magomedov. Earlier after the night shelling of…
In July Ukraine exported $150.67 million worth of iron ore, with imports on the level of $5.22 million. According to the State Fiscal Service, the main consumer of iron ore in July was China ($56.9 million). In January-July Ukraine exported $967.89 million worth of iron ore, with imports at $57.16 million. In June iron ore…
In July Ukraine imported $0.44 million worth of ferrous scrap. At the same time, no scrap was exported. According to the State Fiscal Service, the major supplier of scrap in July was Turkey ($0.26 million). In January-July Ukraine exported $40.99 million worth of ferrous scrap, while imports stood at $4.12 million. In June ferrous scrap…
Dneprovsky Iron and Steel Works named after Dzerzhinsky has stopped its blast furnace No. 9 for an overhaul. According to the company statement, the furnace was halted on August 15, and the repairs will last for 25 days. In 2015 DMKD received 1389.47 million UAH of losses, having increased its net income by 17.6% YoY,…
Russian oil and gas pipe producer TMK has prepared a development strategy for its American assets in which it plans to at least keep the U.S. market share, Deputy CEO for strategy Vladimir Shmatovich said. “We see a strategic goal to at least keep the market share in the U.S. in the key segments or…
The supervisory board of Dniepropetrovsk Metal Structures Works named after Babushkin has dismissed Elena Tarasenko from the office of acting general manager and appointed Yuri Kuzmenko general manager instead. According to the company statement, Kuzmenko has been appointed for 1 year. Tarasenko has been in her office for 12 days. Neither owns company shares. In…
Energomashspetsstal will supply 2 supporting rolls to SAIL (Steel Authority of India Limited) in February 2017. “We will produce 2 supporting rolls weighing 246 tons. They will be produced of the billets weighing 290 tons each. The net weight of each roll will total 123 tons”, said the company in a statement. The rolls will…
The supervisory board of Trubostal has approved of the contract with Metalika-Zuev (Moldova) for the delivery of steel electric-welded cold-drawn pipes valued at $500 thousand (12.58 million UAH) In 2015 the company received 4 million UAH of net profits, having increased its net income by 50% YoY, or by 117.29 million UAH, to 351.26 million…