On March 1-13, the average daily metal output dropped by 7-9% MoM. According to Ukrmetallurgprom, as of March 14, 17 out of 28 blast furnaces (61%), 13 out of 21 converters (62%), 7 out of 9 open-hearth furnaces (78%) and 6 out of 16 arc-furnaces were in operation. Alchevsk, Yenakievo and Donetskstal Iron and Steel…
The Lugansk regional customs paid 265.4 million UAH to the state budget in January-February, up by 79.6 million UAH YoY. The largest product groups generating imports are coking coal (171.7 million UAH, or 64.8% of the total import revenues), anthracite (27.6 million UAH, 10.6%) and iron concentrates (7 million UAH, 2.7%). Alchevsk Iron and Steel…
OMZ-Spetsstal, a part of OMZ, has concluded an agreement with the Admiralteyskie Verfy shipyard to deliver metal billets for the Project 636 Varshavyanka submarines. The company will produce billets of special steel grades with mechanical treatment. This is not the first cooperation of the two companies. Previously OMZ-Spetsstal produced and supplied forgings and sheets for…
On April 4, the Investment Fund of Kazakhstan will try to sell 29.77% of the Uralsk Metal Constructions and Galvanizing Works shares. The shares are evaluated at 161.2 million tenge. This will be the starting price. As of the date of evaluation (September 30, 2016) the works was idle. (Ukrainian metal)
Two companies – Kintero Limited and Belismo Limited (both from the Seychelles islands) have become owners of 19.3% shares of Nikopol South Pipe Works each. In particular, Kintero Limited increased its stake from 0% to 19.338041%, while Belismo Limited – from 0% to 19.337861%. The Transportno-investitsionniye technologii LLC (Kiev) has sold its 38.675721% of NTPZ…
The total volume of investments by Kolmar into mining and processing complexes of Ingalinsky and Denisovsky in Yakutia is estimated at 28.4 billion rubles. This is envisaged in the agreements, signed by the Corporation of the Far East Development with Ingalinsky GOK and Denisovsky GOK on March 14. The companies are involved in the construction…
The deputy chairman of the Russian government Dmitry Kozak suggested the major industrial groups to supply iron ore to the militants of the so-called Donetsk and Lugansk People’s Republics. In particular, Alisher Usmanov’s Metalloinvest and Alexei Mordashov’s Severstal representatives attended the meeting with Kozak. According to a source, the issue of iron ore deliveries to…
The Severniy Mining and Processing Works has stopped half of its pelletizing machines because of the railroad blockade of the occupied territories. “Ukrainian metal industry has dropped to the 5-year minimum, the companies have started shutting down. Dneprovsky Iron and Steel Works operates only one blast furnace, the employees have received 25% of the January…