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Daily Archives: 05.03.2019

Ukraine: VAT reimbursement in February 2019

VAT reimbursementBy admin05.03.2019Leave a comment

In February ArcelorMittal Kriviy Rih received the most of VAT returns – 1.342 billion UAH, up almost 2-fold MoM (723.6 million UAH). According to the State Treasury Service, Mariupol Ilyich Iron and Steel Works and Azovstal were among the top-3 VAT receivers with 1.108 billion UAH and 987.8 million UAH respectively (1.013 billion and 1.032…

Russia: Karelsky Okatysh puts new rolling stock in operation

Karelsky OkatyshBy admin05.03.2019Leave a comment

Karelsky Okatysh has put into operation a new train consisting of 12 dump cars. Unlike the previous model, the new dump cars can transport 10 tons more. Thus each car can now transport 115 tons of ore. The power of the locomotive allows moving the rolling stock loaded with over 2 thousand tons of ore.…

Russia: Rusal expecting domestic aluminum consumption to grow

RusalBy admin05.03.2019Leave a comment

According to Rusal, in 2018 Russian aluminum consumption increased to 1 million tons. The company intends to help the Russian market develop. The government has developed a program to increase processing capacities. According to the program, aluminum consumption on the domestic market will grow to 2.8 million tons by 2023. (Ukrainian metal)

Russia: Evraz NTMK masters manufacture of 14 new rolled metal products

Evraz NTMKBy admin05.03.2019Leave a comment

In 2018 Evraz NTMK mastered the manufacture of 14 new rolled metal sections. In particular, the wheel-tyre shop started producing 7 new types of railroad wheels. The bar shop mastered the manufacture of a tube billet with the diameter of 156 mm. The rail and beam shop began producing new rails for subway. The beam…

Ukraine: Metinvest buys 47 million UAH worth of scrap from Ukrzaliznytsia

Metinvest Group of Companies, scrapBy admin05.03.2019Leave a comment

On March 4, Metinvest-Resource LLC purchased 7.3 thousand tons of scrap valued at 47.2 million UAH at the trades in the ProZorro system. Metinvest-Resource is the sole supplier of scrap to Metinvest enterprises. The initial price of the lot 13B increased from 46.788 million UAH to 47.256 million UAH. Thus, 1 ton of scrap costs…

Ukraine: metal output down in January-February 2019

Ukrainian pig iron output, Ukrainian rolled metal output, Ukrainian steel outputBy admin05.03.2019Leave a comment

In January-February Ukraine decreased rolled metal output by 0.4% YoY, to 3.093 million tons. Steel manufacture dropped by 0.6%, to 3.53 million tons, and pig iron – by 7%, to 3.358 million tons. In February Ukraine produced 1.57 million tons of pig iron, 1.68 million tons of steel and 1.49 million tons of rolled metal,…

Russia: STZ profit down in 2018

Seversk Pipe WorksBy admin05.03.2019Leave a comment

In 2018 Seversky Pipe Works decreased net profit 5-fold, to 49.6 million rubles. Revenue grew from 40.4 to 51 billion rubles, with sales profit up from 1.4 billion rubles to 3.68 billion. The volume of fixed liabilities increased from 13.8 to 17.1 billion rubles. (Ukrainian metal)

Ukraine: Zaporozhkoks output down in February 2019

ZaporozhkoksBy admin05.03.2019Leave a comment

In February Zaporozhkoks decreased blast furnace coke output by 5.04% YoY, to 65.9 thousand tons. In January-February the output dropped by 5.7%, to 139.02 thousand tons. According to the company, the decrease has to do with the scheduled repair of the coke-oven battery No. 2. In January coke output went down by 6.2%, to 73.1…

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