One of the largest machine-building holdings of Ukraine – Corum, owned by Rinat Akhmetov, has merged with DTEK Energo. Now it is another energy holding business direction. Last year DTEK announced the purchase of two works – Svet Shakhtera and Corum Druzhkovka Machine-building Works, as well as a small manufacturing site of Mining Machines. All…
In May West-Siberian Railroad transported 27 million tons of cargo, up by 4.2% YoY and by 14.5% from May 2016. Coal transportation increased by 3.7% YoY, to 20.8 million tons. Ferrous metals accounted for 649.3 thousand tons, up by 9.2%, and iron ore – 604 thousand tons, up by 8.6%. (Ukrainian metal)
In 2017 VSMPO-Avisma share of exports to Europe increased to 47%. The corporation revenue dropped because of the ruble strengthening, to 72.4 billion rubles. Net profit reached 19.1 billion rubles, and EBITDA – 29.1 billion rubles. Titanium sales grew by 14%, to 28.8 thousand tons. Exports growth totaled 26%, with European countries accounting for 47%,…
Severstal Russian Steel has finished the delivery of metal structures for the construction of the industrial building in the city of Orel. In particular, the company supplied metal structures weighing 384 tons, metal wares and barrier structures. The building has two stories and its size is 90x96x10 m. Metal structures were produced at the local…
Since the start of the year the open pit mine of Gaysky Mining and Processing Works has received 9 units of mining machinery, including 8 BelAZs (six with the lifting capacity of 55 tons and two with 45 tons) and the Komatsu PC 1250-8 excavator. All the machines are operating at the Dombarovskaya, Kvarkenskaya and…
Metalloinvest will construct the site of hot-rolled metal heat-treatment at OEMK. The capacity of the complex will be 70 thousand tons of high-quality bars (SBQ). Danieli will supply all the necessary machinery. The cost of the project is 3 billion rubles with VAT. The complex is expected to be commissioned in 2019-2020. In 2017 Metalloinvest…
This year Ukrzaliznytsia intends to finish the electrification of the Potoki – Zolotnishino route, which unites the main railroad with the Poltava Mining and Processing Works. This is expected to improve the efficiency of the company operation. According to Ferrexpo investors and communications director Ingrid MacMahon, the route electrification will decrease the time of products…
In January-April Ukraine increased metal exports by 4.6% YoY, to 5.159 million tons. In addition, 6.181 million tons of rolled metal were produced, with 5.16 million exported, or 83.5%. In January-April 2017 the share of exports was 81.7%. The share of semi-finished products in the exports volume was 43.9%, up from 40.3%. Flat rolled metal…