According to the National Statistics Department of Georgia, in January the trade turnover with Turkey, the second largest trade partner of the country, reached $85.93 million, with exports at $15.93 million, up by 77.4%, and imports at $70 million, down by 5.3%, both YoY. In particular, steel pipes imports from Turkey totaled 3163 tons valued…
The Sumy Scientific-Manufacturing Enterprise is finishing its work on the VVN2-50M vacuum pumps for ArcelorMittal Temirtau. The contract stipulates the production of 4 units of the machinery. The delivery is expected in the nearest future. According to the Sumy NPO chief sales manager Oleg Semesenko, the company has previously cooperated with AMT, the largest company…
The Ukrainian association of secondary metals and resources (UAVtormetresurs) has asked the Prime Minister Vladimir Groysman to cancel the demand to use cash registers when buying scrap from the population. According to the Ministry of economical development and trade, there are currently 616 enterprises in Ukraine dealing with ferrous scrap, including 62 large, 492 medium…
Novokramatorsk Machine-Building Works will produce an ore-pulverizing mull for Lebedinsky Mining and Processing Works, a part of Metalloinvest. According to the company statement, the MMS-9500×2900 mill weighing 640 tons will be put into operation by the end of the year. The capacity of the new machine exceeds that of the old one by 10%. The…
In January industrial output in Ukraine increased by 5.6% YoY. According to the State Statistics Service, processing industry showed the largest increase – by 9.9%, while mining industry growth was the lowest – by 0.3%. In particular, metal output increased by 8.5% YoY, rubber and plastic wares – by 20.3%, machine-building – by 16.1%, textiles…
In January Krivoy Rog Iron Ore Industrial Complex mined 503 thousand tons of iron ore, up by 20% YoY. According to a company representative, in December 2016 KZhRK produced 466 thousand tons of ore, up from 397 thousand tons in November 2016. In 2016 iron ore output decreased by 8.4% YoY, to 5 million tons.…
The Industrial Union of Donbass has named the manufacturing and financial losses of its Alchevsk and Dneprovsky Iron and Steel Works, as well as EU steel works due to the railroad blockade in the ATO zone. According to ISD, on February 13, Alchevsk Works, Alchevskkoks and Ecoenergia stopped operating. The companies stopped producing pig iron,…