Supervisory board of Dneprometiz has appointed Anatoly Frishman, CEO of Severstal-Metiz (Russia), its chairman. Frishman has been appointed until the next annual meeting of the shareholders. Chief accountant deputy of the company Lilia Dubovichenko has been appointed chairman of the revision committee. (Ukrainian metal)
Kola (subsidiary of Norilsk Nickel) has decommissioned the pelletizing and roasting sector (PRS), in effect abandoning the obsolete technology used since 1960s and shifting to copper-nickel concentrate briquetting. Kola completed this work in line with Metallurgical production facilities revamping program, specifically to improve the company’s environmental performance. The shutdown of the roasting area required major…
Ukraine’s EU export share accounts for 38.5%, up by some 6% YoY. At the same time its volumes in Q1 went down by 2.7% YoY. In January-April Ukraine exported $3.2 billion worth of products to EU ($3.7 billion together with services), mining and metal share was 20.5%. Iron ore, concentrate and ferroalloys deliveries decreased. (Ukrainian…
Ukraine has a unique transport potential around 1 thousand kilometers long – the river Dnieper, which crosses 8 regions and has 10 ports. In 2015 volume of Dnieper transportation totaled 5 million tons, or 0.5% of the total cargo transportation in the country. Most of the cargo is transported by automobiles (74%), the rest –…
In April Ukraine imported $7.62 million worth of manganese ore, while exports reached $0.41 million. According to the State Fiscal Service, one of the main suppliers of manganese ore to Ukraine in April was Ghana ($3.71 million). In January-April Ukraine imported $25.92 million worth of manganese ore, with exports on the level of $1.13 million.…
As of May 19, importers of pipes to Ukraine have used up 87.04% of the annual quota for the delivery of steel seamless casing and compressor pipes with the diameter up to 406.4 mm. According to the Ministry of economical development and trade, the quota from October 1, 2015 till September 30, 2016 is 19505…
In 2016 Ukraine will not be buying coal from the South African Republic, said the head of the Ministry of energy and coal industry Igor Nasalik. “We will stop buying coal. Under the current circumstances and taking into account our abilities, we no longer need to buy their coal”, said the minister. “Our stocks allow…
Zaporozhye Titanium and Magnesium Works has chosen the auditor company Audit-finansy to conduct its 2015 financial audit for 199 thousand UAH. The offer was accepted on May 19. The audit is to be conducted within 60 days of the agreement signing. 5 other companies offered higher prices. (Ukrainian metal)