In January Ukrainian metal companies increased gas consumption by 5.2% YoY, or by 10 million cubic meters, to 200 million cubic meters. In December 2016 gas consumption grew by 35 million cubic meters MoM, to 190 million cubic meters. January average daily gas consumption totaled 6.5 million cubic meters, up by 0.3 million MoM. Electricity…
Energomashspetstsal will supply 85 tons of billets to Presezzi Extrusion (Italy). According to the contract, the delivery is scheduled for June. The billets will be used to produce specialized machinery. EMSS has been supplying large-scale parts to Presezzi Extrusion for over 12 years. (Ukrainian metal)
In January Magadan region mined 930.8 kg of gold, up by 223.8 kg YoY, and 60.4 tons of silver, down by 14.5 tons. The decrease in silver output has been planned due to the industrial programs of the main silver-mining companies. The leader of the winter gold mining was the Severo-Evensk city district with 382.8…
The Monchegorsk site of the Kola Iron and Steel Works, a part of Norilsk Nickel, has finished the modernization of the bulk machinery warehouse. The warehouse with the size of 2.5 thousand square meters saw the replacement of walls and roof, new lighting system assembly, as well as the disassembly of old racks, which were…
The Pipe Metallurgical Company has announced the increase of all of its Russian division pipe product prices by 5% from March 1. The increase will affect all categories of consumers. The main reason for the price increase is the growth of raw materials cost and other industrial expenses in H2 2016, which affected the prime…
Severstal will invest 37 million rubles into the improvement of the industrial site infrastructure at Cherepovets Iron and Steel Works. All the measures will be taken in the first part of the year. According to the company press-service, the project will provide for following safety precautions during the movement of the personnel on the industrial…
ArcelorMittal Kriviy Rih following the results of 2016 has paid the reward, or the so-called 13th salary, to its employees. On February 10, the money was transferred to their accounts. The reward is paid in the form of an average monthly salary in 2016. The company also paid the mobilized employees. Steel Service, a daughter…
In 2016 revenues from Donetsk region exports (not counting the ATO zone) totaled $3.4 billion, down by 7.2% YoY. Still, the region accounted for 9.4% of all the export revenue in Ukraine, being third only after Kiev and Dniepropetrovsk region. Donetsk region exported to 105 countries in 2016. Almost half of export revenue accounts for…