At the auction on November 18, Mariupol IIyich Iron and Steel Works purchased 18600 MW-h of electricity from Energoatom Trading with delivery in December. The price was 1285 UAH per 1 MW-h. Last week, average price was 1600 UAH. (Ukrainian metal)
In January-October, Interpipe increased wheelset output by 14.5% YoY, to 14.8 thousand tons. Railroad axles manufacture grew by 5.7%, to 3.4 thousand tons, and tyres – by 19%, to 1.8 thousand tons. At the same time, Interpipe decrease steel production by 13.9%, to 641.1 thousand tons, pipes – by 24.5%, to 388.1 thousand tons, and…
The Cabinet of Ministers has approved of a financial plan for the United Mining and Chemical Company for 2020 with the net profit of 575.67 million UAH. The corresponding decision was taken on November 18 without discussion. Taxes are expected to amount to 344.67 million UAH, including 104.2 million UAH of profit tax. (Ukrainian metal)
In January-October, ArcelorMittal Kriviy Rih decreased rolled metal output by 3.8% YoY, to 3.7 million tons. Steel manufacture dropped by 16.6%, to 3.8 million tons, pig iron – by 11.3%, to 4 million tons, and sinter – by 11.5%, to 7.4 million tons. In October, AMKR produced 320 thousand tons of rolled metal, 350 thousand…
The mine named after Skochinsky in the Russia-occupied Donetsk is on fire. 26 miners were underground, when the fire started. 3 people were injured. The fate of 4 miners is unknown. (Ukrainian metal)
In January-October, Interpipe Steel decreased steel production by 13.9% YoY, to 541 thousand tons. In October, the company produced 62.8 thousand tons of steel, down by 2.9% MoM. In 2019, Interpipe Steel produced 854.5 thousand tons of steel, down by 4.2% YoY. (Ukrainian metal)
In January-October, the volume of the domestic rolled metal market decreased by 5.6% with the subsequent drop in imports share by 3.4%. Thus, the volume was 3619.7 thousand tons, with 1027.7 thousand tons, or 28.4%, imported. In the similar period of 2019, the volume of the domestic market was 3832.4 thousand tons, with 1217.4 thousand…
On November 12, the state enterprise “Dneprovsky railroad transport certification service” decided to cancel the certificate of correspondence of railroad wheels to the DSTU GOST 10791:2016 issued to Prommashkomplekt LLC (Kazakhstan). The main reason for the revocation of the certificate was that the wheels were not tested in Ukrainian laboratories. It turns out, the Kazakh…