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Daily Archives: 03.01.2018

Ukraine: AMKR prolongs contract with acting CFO

ArcelorMittal Kriviy Rih ore mining and metallurgical worksBy admin03.01.2018Leave a comment

The contract with the acting financial director and chief accountant of ArcelorMittal Kriviy Rih Sergey Plichko has been prolonged for another quarter. According to the company decree dated December 28, 2017, the contract is prolonged through March 31, 2018. Plichko was appointed chief accountant, acting CFO on February 17, 2017. Prior to that he was…

Russia: Mechel reports on the change in management

MechelBy admin03.01.2018Leave a comment

Mechel informs that the group CFO Sergey Rezontov is leaving the company. According to the statement, Rezontov resigned due to his personal reasons. “We are grateful to Sergey Rezontov for his work”, Mechel CEO Oleg Korzhov said. (Ukrainian metal)

Ukraine: AMRK and Mariupol Iliych receive the most VAT in December 2017

VAT reimbursementBy admin03.01.2018Leave a comment

In December 2017 ArcelorMittal Kriviy Rih and Mariupol Ilyich Iron and Steel Works received the most VAT among metal companies – 659.432 and 656.42 million UAH. In November 2017 they received 633.194 and 671.433 million UAH respectively. According to the State Treasury Service, Zaporizhstal was paid 407.011 million UAH (305.218 million UAH in November 2017).…

Russia: Seligdar produces 1 thousand tons of tin in 2017

SeligdarBy admin03.01.2018Leave a comment

In 2017 Seligdar commissioned 3 processing factories, produced over 1 thousand tons of tin and increased mining volume by 30% YoY and gold reserves by 19 tons. Last year the group also struck an important deal of Rusolovo shares consolidation. As the result, the group balance received a major asset. Seligdar plans to pay dividends…

Ukraine: Zaporizhstal output up in December 2017

ZaporizhstalBy admin03.01.2018Leave a comment

In December 2017 Zaporizhstal increased pig iron output by 38.2% YoY, to 365.7 thousand tons. According to the company statement, steel manufacture grew by 17.2%, to 357.8 thousand tons, and rolled metal – by 10.4%, to 295.2 thousand tons. In 2017 pig iron output increased by 5.4% YoY, to 3.795 million tons, steel – by…

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