The Eurasian Economic Committee has increased the import duty of Ukrainian steel wheels with the diameter of 710 mm from 4.75% to 34.22%. The decision has been published on the EEC site and comes into effect in 30 days. The previous investigation ended with the setting of the antidumping duty of 4.75% for 5 years…
In 2017 Russia exported 5.37 million tons of steel scrap, down by 4.4% YoY. According to the customs statistics, this is the lowest volume of exports in the past 4 years. Revenue increased by 21%, to $1.329 billion. Turkey imported the most scrap – 44% of the volume, down by 3.9%, but Russia’s revenue grew…
At a meeting held on March 5, directors of NLMK Group, an international steel company with assets in Russia, the USA and the EU, resolved to convene the Annual General Shareholders’ Meeting on June 8. The Board suggested the shareholders elect Grigory Fedorishin as President (Chairman of the Management Board) of the company. NLMK shareholders…
At a meeting held on March 5 NLMK Group’s Board of Directors recommended the company’s shareholders to approve payment of Q4 2017 dividends of 3.36 rubles per share at the upcoming Annual General Shareholder Meeting (AGM), which would be held on June 8. NLMK Board of Directors has also recommended that the shareholders set the…
ArcelorMittal Kriviy Rih will pay all its employees a monetary reward for 2017. The so-called 13th salary will be paid by March 15 in full. According to the company statement, each employee will receive an average monthly salary. The total amount to be paid will exceed 200 million UAH. AMKR is one of the few…
Energomashspetsstal has fulfilled the contract signed with the state enterprise Electrotyazhmash Works and shipped the customer the last batch of billets. According to the agreement, signed in June 2017, EMSS had to provide the customer with 248.59 tons of billets. In February the company shipped the last batch of sleeves weighing 104.93 tons. They will…
This year Chepets Mechanical Works intends to actively develop foreign markets by promoting its products. “We understand, that if we want to further increase revenue, we have to enter the world markets”, the company CEO Deniz Anischuk said. The company has already signed agreements on the supply of titanium products. (Ukrainian metal)
Severstal Steel Decisions has designed the works to produce polymer strips for food packaging. The one-storey building will have the size of 60x66x11 meters. The metal structures weighing 230 tons were manufactured at the Orel site. The shipping was carried out according to the schedule. (Ukrainian metal)
