International rating agency S&P Global Ratings (S&P) has revoked the long-term credit rating of Russian coking coal producer Koks, a part of Industrial Metallurgical Holding (IMH), at a request of the company, the agency said in a statement. At the time of revocation, the rating was B, and the outlook was Stable. (Prime/Ukrainian metal)
ChTPZ group has commissioned a new finishing line for oil pipes with ChTPZ Prime joints at Pervouralsky Pipe Works. The machinery will increase the capacity of the finishing center by 30 thousand tons per year. Investments totaled 300 million rubles. The line comprises two EMAG mills to finish compressor-pump and casing pipes with the diameter…
In January-November Ukraine decreased pipe output by 5.3% YoY, to 965 thousand tons, with 75 thousand tons produced in November. The Ukrtruboprom association enterprises manufactured 680 thousand tons of pipes, down by 7.2% (55 thousand tons in November). Interpipe-NTZ decreased output by 17.4%, to 211 thousand tons (19.2 thousand tons), Interpipe NMTZ – by 4.9%,…
Volnogorsk Mining and Metallurgical Works, a subsidiary of the United Mining and Chemical Company, has concluded an agreement with the Promtekhsnab Company on the delivery of diesel fuel valued at 256.5 million UAH. In 2020 the company has to supply 9 thousand tons of seasonal diesel fuel at 28,500 UAH per ton. The purchase has…