The Donbass blockade could result in the Kramatorsk Ferroalloys Works shutting down, as the coking coal from the occupied Gorlovka and Alchevsk could not reach the plant. “We have absolutely no coke left”, the company blast furnace shop director Alexander Shikhov said. If the blast furnace is shut down, the whole plant will be closed…
Following the increase of the minimal wage to 3200 UAH from January 1, metal companies of Mariupol, nevertheless, do not plan to fire employees. According to Azovstal HR director Konstantin Voitsekhovsky, all the jobs have been kept. “As of January the average salary was 10 thousand UAH. That’s considerably higher compared to the average salary…
Dneprovsky Iron and Steel Works, a part of the Industrial Union of Donbass, has started replacing coke from Alchevskkoks, blocked in the ATO zone, with deliveries from Poland. As of February 21, there was a threat of the works halting altogether. “Every day we try to find money to pay for the daily norm of…
In January Ukrainian by-product coke works produced 1.008 million tons of 6% moisture coke, down by 7.5% YoY. December 2016 saw the output on the level of 997 thousand tons. “In January there was a slight increase in production, but February will be a failure. Alchevskkoks has halted, Yenakievo, Makeevka, and Yasinovsky Coke Works all…
In 2017 Ukrainian metal structure manufacturers plan to increase exports to Poland at least 2-fold. Last year metal structure exports to Poland totaled 2 thousand tons, or 27% of all metal structure exports abroad (7.5 thousand tons). “2016 exports to Poland quadrupled from 500 tons in 2015. Taking into account the high interest of Ukrainian…
In January the Novosibirsk subsidiary of the First Cargo Company (PGK) transported 13.6 thousand tons of cargo, up by 44.5% YoY. The main cargo was wood and ferrous metals. The cargo was shipped to local consumers as well as to Asian countries. (Ukrainian metal)
In 2016 steel consumption dropped by 4% YoY, to 40 million tons. This year consumption is expected to grow by 1.2% YoY, to 40.48 million tons. The demand for steel in Russia could grow for the first time in the last 4 years thanks to the improvement of the economy. Still market participants do not…
In 2016 Metinvest companies received $45 million of additional profits from selling new products, that they started producing in 2010-2016. The 2016 share was $6 million. According to the group press service, last year it started producing 49 new types of products. The main consumers were the construction sector, machine-building and pipe industry. In 2010-2016…