Mariupol Ilyich Iron and Steel Works has started modernizing its sheet shop 1700. The shop will receive new equipment and will see some repairs. Investments this year will total 120 million UAH. The company has concluded a contract with Novokramatorsk Machine-Building Works to produce the necessary equipment. NKMZ will produce and deliver 80 million UAH…
In January-August Mariupol Ilyich Iron and Steel Works decreased natural gas consumption by 29% YoY. “Now the total consumption of the works is less than 32.5 thousand cubic meters per hour”, said the company CEO Yuri Zinchenko, adding that steel smelting grew by 5.4% and pig iron production – by 9.3%. (Ukrainian metal)
Zaporizhstal has halted its sintering machine No. 6 to install the new gas-purifying system. “In 45 days the environmental project valued at 870 million UAH will be completed. In early November the sintering factory chimneys will show the result”, said the company CEO Rostislav Shurma. Zaporizhstal started active construction works in mid-August. (Ukrainian metal)
In July Russia exported 2.3 million tons of ferrous metal, down by 13% MoM. In January-July ferrous metals exports dropped by 0.5% YoY, to 16.9 million tons. At the same time semi-finished products exports increased by 2% YoY, to 8.5 million tons, with rolled sheet shipping up by 5%, to 5 million tons. Pig iron…
In July Ukraine exported $39.18 million worth of steel pipes, with imports on the level of $7.59 million. According to the State Fiscal Service, the main importer of Ukrainian steel pipes in July was Russia ($8.77 million). In January-July Ukraine exported $226.01 million worth of steel pipes, while imports totaled $64.89 million. (Ukrainian metal)
The Ministry of economical development and trade has suggested canceling VAT in operations with scrap metal, as well as the income tax when submitting scrap. The ministry suggests canceling VAT for good, instead of making amendments to the state budget on annual basis, as it is done now. Thus VAT will not be imposed on…
In July Ukraine exported $224.58 million worth of steel semi-finished products, while imports reached $1.22 million. According to the State Fiscal Service, the main consumer of Ukrainian steel semis in July was Egypt ($60.62 million). In January-July steel semis exports totaled $1326.95 million, with imports on the level of $6.83 million. (Ukrainian metal)
Central Mining and Processing Works has purchased quarry machines valued at 210.5 million UAH. According to the company statement, it has acquired 6 large trucks and a Komatsu D275F-5 bulldozer. The new machines will work at the Artemovsk quarry in Kirovograd region. (Ukrainian metal)