Ukraine: Makeevugol to employ 1700 people

The Donetsk People’s Republic (Russia-supported terrorist organization) mines want to employ some 3700 people, with Makeevugol needing 1700 workers. The mines need 950 breakage face workers, 450 shafters and 450 mine explosion engineers, some 500 repairmen, etc. Makeevugol needs the most employees. Still most miners in DPR have large salary debts and try to go…

Kazakhstan: AMZ starts operating

On November 7, the Almaty Metal Wares Works (Tokyo Rope Almaty) started operating. The company will specialize in metal systems for infrastructure objects, steel fasteners for mining industry, ragbolts and joins for construction, metal wares and steel ropes. Tokyo Rope has invested 25 billion tenge in the works. (Ukrainian metal)

Russia: Severstal-Metiz saves 70 million rubles

In January-September Severstal-Metiz was able to save over 70 million rubles due to the successful realization of expenses decrease measures. According to the company statement, the most effective were the wire production technique changes, coating materials usage decrease and the replacement of packaging. “We pay much attention to changes that directly affect prime cost decrease…

Ukraine: Poroshenko cancels scrap import duties

The president of Ukraine Petro Poroshenko has signed the decree on 5% scrap import duty cancellation that introduces amendments to the customs tariffs. The decree is supposed to decrease ferrous scrap shortage on the local market and provide for infrastructure objects restoration. This is the second part of the metal market supporting package – the…