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Daily Archives: 28.03.2017

Russia: Severstal strengthens cooperation with car manufacturers

SeverstalBy admin28.03.2017Leave a comment

Severstal has signed year-long contracts with the leading car manufacturers from Russia and CIS to supply metal in 2017. According to the company statement, it will supply 70 thousand tons of metal, produced at the Cherepovets Iron and Steel Works, to KamAZ. Severstal also agreed on deliveries to GAZ. The company has been also supplying…

Ukraine: coal stocks down as of late March 2017

coalBy admin28.03.2017Leave a comment

The anthracite coal stocks at the warehouses of thermal power plants decreased by 12.1%, to 513 thousand tons, as of March 27. According to the Ministry of energy and coal industry, the gas-coal stocks increased by 8.9%, to 1.292 million tons. 260 thousand tons of anthracite are stored at the Lugansk TPP. (Ukrainian metal)

Ukraine: Ukraina Processing Factory changes owner

Ukraina Central Processing FactoryBy admin28.03.2017Leave a comment

Ukrdoninvest LLC, which in September 2016 signed a contract with the state enterprise Centrenergo to supply 240 million UAH worth of coal, has acquired 21.69% of shares of the Ukraina Central Processing Factory from Altera Asset Management. Altera is no longer a shareholder of the factory. 78.31% of the factory stake belong to DRFTs LLC.…

Ukraine: AMKR to recultivate the old quarry

ArcelorMittal Kriviy Rih ore mining and metallurgical worksBy admin28.03.2017Leave a comment

ArcelorMittal Kriviy Rih will recultivate the lands of the old quarry of the non-operating mine named after Valyavko-Severnay. In 2017-2018 the company will create a green public zone in Kriviy Rih. AMKR will spend some 1 million UAH on the project. The mine was closed down in 1996 because of the reserves running dry. (Ukrainian…

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