In 2016 ArcelorMittal Kriviy Rih received 2.7 billion UAH of net profits. According to the company press-service, its net income last year totaled 52.96 billion UAH, with capital investments on the level of 4.75 billion UAH. In 2016 AMKR produced 7 million tons of steel, up by 11% YoY. Such a high result has been…
CEO of ArcelorMittal Kriviy Rih Paramjit Kahlon has noted the growing attention of the country’s top authorities to the problems of the mining and metallurgical complex of Ukraine, improvement in the work of Ukrzaliznytsia, but opposed the initiative to increase railway tariffs for freight transportation by 25%. “Today we have a very positive attitude. The…
DTEK has reported a crime to the National Police involving its loss of control over mining enterprises located in areas temporarily not controlled by Ukrainian government forces in Donetsk and Luhansk regions. “The applications were filed in accordance with Part 3 of Article 206 of the Criminal Code of Ukraine foreseeing the demand to terminate…
Since March 1, Donetskstal has lost control over some of its assets on the uncontrolled territory of Donetsk region. In particular the group no longer controls Donetsk Iron and Steel Works, Makeevka and Yasinovsky Coke Plants. According to the company statement, it still operates in the legal field of Ukraine and has completely distanced itself…
The Krasnoyarsk Aluminum Works has already decreased air pollution by 30% and intends to decrease it by 8% more by 2018. According to the company statement, this year it will put into operation a new gas-purifying machine. The company is also creating the continuous monitoring system to be put into operation in 2018. “By 2016…
The United Metallurgical Company (OMZ) goes on with its program of modernizing casing, compressor-pump and oil-and-gas pipes manufacture at the Vyksa Iron and Steel Works. In several years OMK will invest over 40 billion rubles into the project, including 12 billion rubles within the agreement signed with the Nizhniy Novgorod regional authorities in March 2016.…
In January-February StalTrans sold 5.8 thousand tons of metal wares, down by 8% YoY. Wire saw the largest drop in sales – by 18%, to 3.8 thousand tons. In March the company intends to sell around 3 thousand tons of metal wares, on the level of February. The products are shipped form the company warehouses…
Next week Yekaterinburg will host the Ti-2017 in CIS conference, organized by the Titanium association. The participants will discuss the current world and Russian market situation, the raw materials and mineral base, possible types of machinery to produce titanium and its semi-finished products, as well as 3D-printing of titanium wares. (Ukrainian metal)