Bratsk Aluminum Works intends to spend 1.4 billion rubles on environment protection this year. According to the company statement, last year the works used the same amount. In particular, in 2017 the company relocated citizens from the sanitary zone of the works. BrAZ invested 1.1 billion rubles in construction of 408 flats for 379 families.…
In 2017 United Mining and Chemical Company produced 392.2 thousand tons of ilmenite concentrate, up by 18.7% YoY. In particular, Irshansk Mining and Processing Works produced 224.4 thousand tons. Sales last year grew by 20%, to 2.769 billion UAH. Volnogorsk Mining and Processing Works increased sales by 41%, to 124 thousand tons. At the same…
Interpipe reports the shortage of employees in the pipe and wheel manufacture, with the combined need at 600 people. “We already see financial losses due to the absence of the employees. We cannot make the full shift at our plant in Nikolayev. I estimate the losses because of the lack of employees at 5 thousand…
In January-February Ukraine imported 4.015 million tons of coal, up by 63% YoY. According to the State Statistics Service, the cost of the coal imported was $516.656 million, up by 44.5%. Russia supplied $304.05 million worth of coal (or 58.85%), USA – $149.5098 million (28.94%), Canada – $48.365 (9.36%) and other countries – $14.733 million…
Pipe Metal Company, the major pipe producer in Russia, is awaiting a positive effect for its American subsidiary IPSCO from the duties on steel and aluminum. “We believe that the duties imposed will positively affect IPSCO business, as the company does not import steel as raw materials. As to the other TMK companies, the estimation…
In 2017 Sukhaya Balka received 1.174 billion UAH of losses, up 7.46-fold or by 1 billion UAH YoY. According to the company statement, its assets as of the end of 2017 totaled 2.454 billion UAH, current liabilities – 196.207 million UAH and the consolidated accounts receivable – 254.696 million UAH. On December 28, 2017 the…
On the eve of the holidays Paramjit Kahlon, CEO of PJSC ArcelorMittal Kriviy Rih announced an increase in the salaries for the company employees. This was communicated at the proximity meeting attended by the company managers on March 7. The specialists of the company have already started to adjust the salaries within a grade so…
The cost of gold increased by 9.73 manats (0.4%), to 2250.528 manats per troy ounce in Azerbaijan on March 12, according to the data published by the country’s Central Bank. The cost of silver increased by 0.87%, to 27.178 manats per ounce, the cost of platinum by 1.4%, to 1641.571 manats and the cost of…
