Energomashspetsstal has successfully prepared for shipping four bulk billets for the manufacture of the steam generator at the second block of the Akkuyu NPOP in Turkey. The billets – 2 shells and 2 bottoms – were inspected by the TAEK representatives during the 2-day event. The total weight of the parts is 157 tons. They…
Ferrum-P LLC has increased the initial price for the Baitsetuy Nizhniy alluvial gold deposit in Zabaikalye region 29.7-fold. The auction took place on May 14. The company final offer was 74.818 million rubles. 7 companies participated in the auction. (Ukrainian metal)
In January-March, Urtuisky coal pit mined 794.7 thousand tons of coal, up by 2.8% YoY. The company is developing a coal deposit with the same name in Zabaikalye region. This year the enterprise has started a new investment program to increase output. Thus, this year it is planned to mine 3.2 million tons of coal,…
The National Tariff Commission has started an antidumping investigation on the imports of cold-rolled coils from Russia and Canada at the request of International Steels Limited (ISL) and Aisha Steel Mills Limited (ASML), who claim they have suffered from the imports. The investigation term is set from January 1 to December 31, 2018, and the…
In 2019 Ukraine is expected to produce 22.641 million tons of steel, up by 7% YoY. According to the Ministry of economical development and trade, rolled metal output will grow by 2%, to 18.8 million tons, and pig iron – by 4%, to 21.43 million tons. At the same time, scrap deliveries to metal companies…
In January-March, Metinvest decreased revenue by 5% YoY, to $2.863 billion. EBITDA dropped by 33%, to $435 million. Capital investments fell by 8%, to $198 million. At the same time, the Group total debt decreased by 2%, to $2.682 billion, with net debt unchanged at $2.464 billion. (Ukrainian metal)
At public hearings, ArcelorMittal Kriviy Rih has presented an Environmental Impact Assessment Report for the project of the Wire Rod Mill-1 Reconstruction, which includes replacement of two laying heads and two pinch-rolls. Design solutions were accepted in line with the basic engineering from the technology and main equipment supplier – Danieli company. This mill produces…
The 11th Contest of Rolling Mill Specialists in memory of Ion Rotaru, the honored steelmaker of Ukraine, was held at ArcelorMittal Kriviy Rih. This year the teams of steelmaking companies of Kriviy Rih, Kamianske, Zaporizhzhia and Temirtau (Kazakhstan) participated in the contest. Sergey Kozachuk, Director of Rolling Department, ArcelorMittal Kriviy Rih: “Many companies are expanding…