ArcelorMittal Kriviy Rih has estimated its losses in January-June from the cooperation with Ukrzaliznytsia (Ukrainian Railways) on the level of 217 million UAH. “In 6 months we have lost 217 million UAH because of Ukrzaliznytsia. And Ukraine has lost 45 million UAH of taxes. Ukrzaliznytsia operation is damaging business”, the company CEO Paramjit Kahlon said.…
Norilsk Nickel Group and VDM Metals GmbH, the world’s leading producer of specialty steels and nickel alloys, announce a major 5-year contract for the supply of nickel. VDM Metals will use this nickel to manufacture high nickel content alloys for the oil and gas, chemical, petroleum, automotive and other industries. The contract was signed on…
On December 12, Lvivugol received 34 million UAH for products sold. “All this money will be spent to pay salary to miners. Thanks to this money, they will be paid 80% of their October salary”, the first deputy of the Lviv regional state administration chairman Rostislav Zamlinsky said. (Ukrainian metal)
On December 1-11, coal stocks at the thermal power plants totaled 1.948 million tons, up by 110 thousand tons YoY. Of them 928 thousand tons are of anthracite coal, including 140 thousand tons at Lugansk TPP. Gas-grade coal stocks total 1.02 million tons, with 114 thousand tons at Burshtyn TPP. (Ukrainian metal)
ArcelorMittal Temirtau has completed the cycle of its blast furnace modernization. According to the company statement, its blast furnaces No. 2, 3 and 4 can now produce 14 thousand tons of pig iron per day. AMT plans to increase steel output to 6 million tons per year. BF No. 4 modernization allows increasing steel output…
From the beginning of the year Dalpolymetall produced 36.5 thousand tons of concentrate. According to the company statement, in November it produced 1.2 thousand tons of lead concentrate and 1.7 thousand tons of zinc concentrate valued at 221.5 million rubles. In January-November Dalpolymetall sold 2.5 billion rubles worth of products. (Ukrainian metal)
In January-November Izhstal, a part of Mechel, produced 346 thousand tons of rolled metal, up by 48% YoY. According to the company statement, steel smelting went up by 30% YoY, to 237 thousand tons, with rolled metal output up by 33% YoY, to 315 thousand tons. Sales volumes increased by 53%. The increase in output…
In January-November the shortage of scrap in Ukraine reached 582 thousand tons. During 11 months Ukrainian metal companies received 2.9 million tons of scrap, with their need at 3.5 million tons. The main reason for the shortage is the record low scrap procurement – 3.1 million tons, down by 22% YoY, and by 36.3% than…