The Cabinet of Ministers has approved the appointment of Sergey Lubennikov as the acting director of Zaporozhye Titanium and Magnesium Works LLC. Thus, the Cabinet has agreed with the suggestion of the State Property Fund. Vladimir Sivak has been the director of ZTMK since 2010. He was detained in 2016 for embezzlement of 492 million…
In January-February, Azovstal increased rolled metal output by 28% YoY, to 699 thousand tons. Steel manufacture grew by 25%, to 776 thousand tons, and pig iron – by 31.5%, to 689 thousand tons. In February, the company produced 319 thousand tons of rolled metal, 365 thousand tons of steel and 333 thousand tons of pig…
In January, Ukrainian mining and metal companies decreased average salary, except for mining and processing works, by-product coke plants and ferrous metallurgy. In particular, average salary in mining was 17705.4 UAH, up by 1.4% MoM. By-product coke plants increased salary by 2%, to 18527.8 UAH, ferrous metallurgy – by 0.2%, to 17422.4 UAH, while non-ferrous…
In 2019 Chelyabinsk Iron and Steel Works produced some 12 thousand tons of rebars for housing construction. The metal was delivered to Novosibirsk by Mechel-Service. The growth of rebars sales was 36% and beams – 23%. (Ukrainian metal)
The authorities of the Jewish Autonomous District intend to expand the borders of the Amuro-Khinganskaya Territory of Advanced Development. The territory was created in 2016. One of its key residents is Dalgraphite LLC, constructing a mining works to process graphite ores. The expansion of the territory is needed to attract new investors. Among them is…
Zagorsky Pipe Works has passed all the stages of voluntary certification and has received the final certificate for pipes with inner coating. The company has received the Intergazcert certificate according to scheme 1a, which is used to denote the serially manufactured products according to Gazprom specifications. The certification process began in 2018. (Ukrainian metal)
United Metallurgical Company (OMK) subsidiary Vyksa Iron and Steel Works in Nizhniy Novgorod region increased train wheel production in 2019. At the end of the year, the total number of wheels produced was 951,000, up by 11% YoY. This is the highest number yet in the facility’s train wheel rolling history. Exports were at an…
In December 2019 Russia exported 4 thousand tons of long-rolled aluminum, down by 19% MOM and by 33% YoY. Deliveries to Germany dropped from 645 tons to 627 tons. Exports to Kazakhstan and Belarus fell by 44% and by 28%, to 532 tons and 417 tons respectively. In 2019 exports totaled 62.5 thousand tons, down…
In December 2019 Russia imported 110 tons of raw tin, up by 22% MoM and by 61% YoY. Deliveries from Peru, Bolivia and Belgium totaled 25, 40.8 and 20 tons respectively. Malaysia also supplied 20 tons. In 2019 imports totaled 1.2 thousand tons, up by 7% YoY. In monetary terms imports decreased by 4%. Price…
At a meeting held on March 5, the Board of Directors of NLMK Group, a global steel company, resolved to convene its Annual General Shareholders Meeting on April 24. The Board suggested the shareholders re-elect Grigory Fedorishin as NLMK President (CEO, Chairman of the Management Board). The following BoD candidates were put forward to be…
ArcelorMittal Kriviy Rih, the largest mining and smelting company in Ukraine, is the key investor of a construction project of the modern Сancer Сenter in Kriviy Rih. According to the signed three-party Memorandum with authorities the company will finance the project amounting to UAH 400 million (an equivalent of Euro 15 million), as well as…
Prime Minister Denys Shmyhal said the government transferred UAH 654 million ($26.2 million) to pay off debts on wages to miners. “We agreed and the president promised at the All-Ukrainian Miners’ Meeting to pay off half of the debts in March. Indeed, yesterday and the day before yesterday UAH 654 million were transferred to the…
In February Russia mined 32.6 million tons of coal, down by 6.6% YoY. Deliveries to the domestic market grew by 1.4%, to 15.82 million tons, while exports fell by 12%, to 12.68 million tons, and imports increased by 3%, to 1.69 million tons. In January-February coal output decreased by 7.5% YoY, to 66.54 million tons.…
Steel wire shop of Uzbekistan Iron and Steel Works successfully met all the manufacturing targets in February. The shop produces wire with the diameter of 1.8, 2, 2.8, 3, 4, 5, 6.3 and 8 mm, which is in high demand. In February wire rod manufacture totaled 849 tons. Metal wares and electrode sites of the…
In 2016-2019 coal mines decreased output more than 2-fold, while grants for each ton of coal grew almost 3.7-fold. “State mines decreased coal output from 6.7 million tons in 2016 to 3.5 million tons in 2019. At the same time grants went up from 246 UAH per ton to 908 UAH”, the press-service of the…