In January-April Ukraine imported 26.77 thousand tons of hot-briquetted iron (a substitute for scrap), up 9.6 times YoY. All the imports came from Russia. According to the State Fiscal Service, Ukraine spent $3.7 million on imports, up 4.5 times YoY. (Ukrainian metal)
In January-April Ferrexpo, owner of Poltava and Yeristovo Mining and Processing Works, produced 3.85 million tons of pellets, down by 1.7% YoY. At the same time, concentrate output increased by 2.6%, to 4.85 million tons. In April the group produced 973 thousand tons of pellets and 1.17 million tons of concentrate. (Ukrainian metal)
In January-April Interpipe Steel produced 192 thousand tons of steel, up by 7.9% YoY. In April the works produced 44 thousand tons of steel, with 57 thousand tons in March. Last year the company produced 596 thousand tons of steel, down by 32% YoY. Due to the absence of scrap the works was idle for…
Zaporizhstal has started assembling gas-purifying equipment at its sintering machine No. 5. The machine was stopped on May 15, and the assembly is expected to finish in 45 days. “Zaporizhstal has been assembling gas-purifying equipment according to the schedule. We try to find resources for ecological modernization even today, under extremely difficult conditions. We invest…
Zaporozhtransformator has concluded an agreement with ArcelorMittal Temirtau. According to the agreement, the company will produce and deliver the 110 kW transformer. The same transformer was produced and delivered to the works in 2015. “The peculiarities of the new agreement are the delivery terms – we have to ship the transformer in July. We have…
In 2015 Zaporozhye Ferro Alloys Plant received 154.95 million UAH of losses. According to the company statement, its net income increased by 29% YoY, or by 1143.68 million UAH, to 5057.77 million UAH. (Ukrainian metal)
In 2016 ArcelorMittal Kriviy Rih expects to see substantial financial results increase. “The price situation is improving, we can feel it. If there are no surprises, I’m sure 2016 will be much better than 2015”, said the company CEO Paramjit Kahlon. AMKR also intends to increase output by 7% YoY. (Ukrainian metal)
Mechel, one of the leading Russian mining and metals companies, announces 2015 operational results. Production: Product 2015, thousand tons 2014, thousand tons % Q4 2015, thousand tons Q3 2015, thousand tons % Run-of-mine coal 23,181 22,624 +2 5,776 5,957 -3 Pig iron 4,065 3,946 +3 1,006 1,014 -1 Steel 4,321 4,269 +1 1,081 1,093 -1…