In January-June Dneprospetsstal steel output dropped by 0.3% YoY, while that of rolled metal grew by 0.9%. Sales increased by 1%. Net losses totaled 137.08 million UAH. Because of the losses investments have been decreased as well. In particular, in H1 the works saw 33.5 million UAH of investments, much lower than in previous years.…
In January-June Belarus Iron and Steel Works produced 43655 tons of metal wares, having sold 43306 tons. In particular, it produced 24063 tons of metal cord, 14049 tons of bronzed bead wire, 4291 tons of brass wire and 1219 tons of other wire. Output target was 2.6% overfulfilled. Sales target was fulfilled by 102.7%. Metal…
NLMK-Ural, one of the largest bars producers, has mastered the manufacture of rolled wire with the diameter of 6.5 mm of Sv-10GN1MA steel grade. The first batch of rolled wire weighing 97 tons has already been shipped to the customer. In the past 3 months the company has mastered the manufacture of rolled wire of…
Stoylensky Mining and Processing Works has put into operation a new 15-cubic meter excavator. The machine will be loading ore into railroad dump cars to be transported to the processing factory. The excavator has been purchased under the project to develop the quarry and increase quartzite output. The weight of the machine is 700 tons.…
The chairman of the Republic of Bashkortostan Rustem Khamitov has visited the Buzdyak Works. The works has mastered the manufacture of steel rebars. As raw materials the company uses used gas pipes. The capacity is up to 1 thousand tons of rebars per month. It employs 50 people. (Ukrainian metal)
MMK has delivered a trial batch of metal to Turkey via railroad Magnitogorsk – Baku – Tbilisi – Kars. Now the company is negotiating with Azerbaijani ADY Express the ways to supply up to 250 thousand tons of metal per year via this route. 4 containers with the total weight of 120 tons have been…
Natalya Evgenova, ex-manager from Metinvest Business Service LLC, has been appointed the chief accountant of Yuzhkoks. According to the CEO order dated August 3, she has been appointed from August 6 for an indefinite term. For the past 5 years Evgenova has been working for Metinvest. From September 15, 2017 till August 3, 2018 she…
In January-July Mariupol Ilyich Iron and Steel Works increased rolled metal output by 6.3% YoY, to 1.668 million tons. According to the company statement, steel manufacture grew by 7.8%, to 1.897 million tons, and pig iron – by 18.7%, to 2.687 million tons. In July the works produced 237 thousand tons of rolled metal, 284…