Ukrvtorchermet has finished restructuring liabilities to the state Oschadbank. The amount of the liabilities is not disclosed. The company procures and processes ferrous metals scrap and waste. (Ukrainian metal)
In Q1 DCH Group paid the last $15 million to Evraz from the amount on the deal to buy Sukhaya Balka plus $3 million of dividends. Evraz started the selling procedure in May 2017. The deal had to be closed by the end of the year, but as of December 1, 2017 Evraz had received…
In January-July Azovstal produced 2.368 million tons of rolled metal up by 10.4% YoY. According to the company statement, steel output grew by 2.1%, to 2.488 million tons, and pig iron – by 6.4%, to 2.289 million tons. In July Azovstal produced 266 thousand tons of rolled metal, 307 thousand tons of steel and 289…
In January-July Dneprovsky Iron and Steel Works, purchased in early March by DCH, produced 441 thousand tons of rolled metal, up by 11% YoY. According to the company statement, steel output increased by 4%, to 505 thousand tons, while that of pig iron dropped by 18%, to 485 thousand tons. In July DMZ produced 37…
In January-July Ukraine increased revenue from the export of ferrous metals by 30.5% YoY, to $6.2 billion. According to the State Fiscal Service, ferrous metals accounted for 23.07% of the total export revenue in the period as opposed to 19.91% last year. In July revenue reached $802.25 million. Ferrous metals imports in 7 months grew…
Andrey Moroz, Head of External Logistics of PJSC ArcelorMittal Kriviy Rih, spoke about forced increase of own wagon fleet; about the tariff policy of Ukrzaliznytsia and how it impacted transportation and infrastructure of the railways of Ukraine. – All Ukrainian carriers suffer from lack of wagons. How does PJSC ArcelorMittal Kriviy Rih manage? – This…
NLMK has purchased 100% shares of Ural Research-Scientific Institute of Architecture and Construction (UralNIIAS). In 2016 the institute revenue grew 2.4-fold, to 162.9 million rubles, with net profit at 10.25 million rubles, up from 28.8 million rubles of losses in 2015. In H1 NLMK increased net profit by 63.1% YoY, to $1.083 billion. (Ukrainian metal)
Fintest Trading Co. Ltd (Cyprus), owning 100% of Donetskstal, has sold some 25% of its shares to each of Metinvest BV, Atlanta Ltd., Misandyco Holdings Ltd. and Treimur Investments Ltd. and has ceased being the company shareholder. As the result of the sale of shares on the secondary market to the third parties the Fintest…
