The Pechersk district court of Kiev has arrested the assets of the largest ferroalloy producer Nikopol Ferroalloy Plant, Marganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works under the Privatbank embezzlement case. The General Prosecutor’s Office is investigating the embezzlement of 19 billion UAH provided to Privatbank in 2008-2016 by the National Bank…
Sibcable has started producing the HoldMine mine cable, which corresponds to the new requirements of Rostechnadzor. The new requirements dictate using mine cables with improved characteristics. The first batches of new cable have already been supplied to Kuzbass coal companies. (Ukrainian metal)
Two new hydraulic drilling mills with DML LP diesel engine have joined the drilling fleet of Krasnobrodsky and Kaltansky pits, parts of Kuzbassrazrezugol. They will be used to drill shafts when carrying out explosion works. The planned output of DML LP is 22 thousand meters of shafts per month. The company has been modernizing its…
Kamensk-Uralsk Non-Ferrous Metals Processing Works has increased sales to Russian machine-building companies. In January-August sales grew by 1.5 thousand tons, or by 71% YoY. Rolled brass and copper account for 90% of sales, rolled bronze share is 8%. Machine-builders demand rods (53%), sections and plates (21%) and rectangular wire (11%). (Ukrainian metal)
Lebedinsky Mining and Processing Works has produced the 700-millionth ton of iron ore concentrate. The first ton of the concentrate was received in November 1972. At that time the capacity of the works was 7.5 million tons of ore per year. Now its capacities are much higher – to produce 100 million tons of concentrate…
MMK is preparing to purchase Lysva Iron and Steel Works. According to a source, the parties have signed preliminary documents and MMK has applied to the Federal Antimonopoly Service. The Service confirmed the receipt of the documents on August 17, but prolonged their reviewing to study the competition environment. MMK says it is regularly monitoring…
Astana is ready to hold consultations with Kiev regarding antidumping duties on certain types of steel pipes imported from Ukraine in the Eurasian Economic Union (EAEU). “Kazakhstan is ready to hold consultations with its Ukrainian colleagues. The possible timeframes of the consultations are being discussed,” a source at the National Economy Ministry of Kazakhstan reported.…
In September the Dobropolye Central Processing Factory reached the 3-million ton processing milestone since the start of the year. This happened 20 days earlier than last year. The factory with the project capacity of 2.5 million tons is steadily on its way to process 4 million tons of coal. In 8 months DTEK investments into…
