The state enterprise Lvivugol has completely cleared its debt to the miners for August. According to an enterprise representative, funds from selling coal have been transferred, so soon a part of September salary will also be paid. On July 3 some 50 miners blocked the Lviv – Rava-Russkaya international road demanding their salary debts to…
Magnitogorsk Iron and Steel Works (MMK) has launched a project, which allows guests to visit the company’s production site. Several sightseeing tours are now readily available to tourists. “Taming the Fire” – this tour includes a visit to Russia’s largest blast furnace plant and the unique complex of Mill 5000 whose products are used to…
Chairman of the Majilis (the lower house of the Kazakh Parliament) Nurlan Nigmatulin has arrived in Pavlodar region for a working visit. His meetings with the region’s community are mostly dedicated to the State-of-the-Nation Address of the President of Kazakhstan. The Speaker of the Majilis inspected the Kazakhstan Electrolysis Plant, and also met with the…
In January-July Ferrexpo exported 6.711 million tons of iron ore pellets. In particular, Poltava GOK exported 5.098 million tons and Yeristovo GOK – 1.613 million tons. Karelsky Okatysh (Russia) exported 3.808 million tons of pellets. Metinvest in 7 months shipped abroad 3.458 million tons of pellets (CGOK – 1.542 million tons and SevGOK – 1.916…
The United Mining and Chemical Company remains one of the most efficient state enterprises and constantly increases payments to state budget. In January-September the group paid 751.7 million UAH of taxes to the budgets of all levels. Together with the salary the payments totaled 1.097 billion UAH. In H1 UMCC occupied the 59th place among…
In August Russia exported 212.1 thousand tons of pig iron, up by 51.4% YoY. According to the customs statistics, in January-August exports reached 3.56 million tons, up by 32%, valued at $1311 million, up by 44.5%. USA imported the most – 52.4%, up by 6.1%. The country is followed by Hong Kong (16%), the deliveries…
In January-September Izhstal exported 42 thousand tons of metal, up by 81% YoY. In particular, exports to CIS countries grew by 22%, to 22 thousand tons, and to far foreign countries – almost 4-fold, to 20 thousand tons. The company exports bars and sized rolled metal, as well as sections of carbon, alloyed, stainless and…
Alfa-Bank has provided financing of 2.5 billion rubles to Seversky Pipe Works, a part of TMK. The funds have been issued for 4.5 years. “Alfa-Bank is supporting the long-term partner relations with TMK. Strong capital positions, flexibility, speed and the industry expertise allow the bank to successfully compete with state banks for the largest borrowers…