Yuzhniy Mining and Processing Works has chosen the insurance company Ingroup to insure the life of its employees. According to the company statement, 437 employees will be insured, with 124 being employees of the automobiles park in Zheltye Vody, 88 – Ingul mine, and 75 – of Smolinskaya and Novokonstantinovskaya mines, as well as the…
Ukrainian Mining and Metallurgical Company notes the increase in rolled metal (without tubes) supplies to the local market by 34.8% YoY, to 1.93 million tons, in January-June. With pipes deliveries totaled 2.15 million tons, added the company. Metal imports in H1 increased by 58% YoY, to 0.31 million tons. (Ukrainian metal)
ArcelorMittal Kriviy Rih and Azovstal were among the receivers of the largest VAT reimbursement in July. According to the State Treasury Service, the total VAT reimbursement increased from 111.3 thousand UAH in June to 12.11 billion UAH in July. Among mining and metal companies AMKR received the largest reimbursement – 481.8 million UAH. The company…
In January-June Donetskstal received 963.12 million UAH of losses, down by 69.96% YoY, or by 2.243 billion UAH. According to the company statement, its net income went up by 14.15% YoY, or by 775.32 million UAH, to 6.25 billion UAH. In Q2 Donetskstal received 693.03 million UAH of profits, having increased its net income by…
In July Nikopol Ferroalloy Plant produced 63.2 thousand tons of silicomanganese, up by 23.9% MoM, or by 12.2 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, ferromanganese output at NZF increased by 28.1%, or by 0.9 thousand tons, to 4.1 thousand tons. In January-July NZF silicomanganese output totaled 397.7 thousand tons, up by…
In January-June Ceramet invested over 10 million UAH into its development. 85% of the investments fell to the Keramet Hungary Kft. In its Ukrainian assets Ceramet invested around 1.5 million UAH The company plans to invest 750 thousand UAH more into its Hungarian branch by the end of the year, and some 25 million UAH…
Energomashspetstal has received an order from the Starokramatorsk Machine-Building Works for the supply of mining and metallurgical equipment. According to the company statement, it will produce gear-shafts, axles, rolls etc. “As per the contract, the equipment is to be shipped in October. The total weight of the products will be 78 tons”, said the statement.…
Artemovsk Non-Ferrous Metals Processing Works has decided to close down its subsidiary Vtortsvetmet in Donetsk, as it simply can’t operate. The subsidiary was responsible for leasing and exploitation of its own or leased real estate; fuel, ore, metal and industrial chemicals trade, as well as warehousing. (Ukrainian metal)