Nikopol Ferroalloy Plant has appointed Ruslan Ponomarenko the CEO and the chairman of the board instead of Vladimir Kutsin. On July 1, Kutsin will switch to the new office of the CEO councilor. CEO Gennadiy Lavrinenko resigned on June 22. Yelena Bai has been appointed instead. Before his new appointment, Ponomarenko was the chief accountant…
In January-May, Ukraine produced 4.24 million tons of steel, down by 52.8% YoY. Pig iron manufacture dropped by 53.3%, to 4.15 million tons. Thus, Ukraine dropped to the 18th place in the global steel producers rating and to the 12th among pig iron producers. In January-May 2021, Ukraine was on the 13th and the 10th…
Severniy Mining and Processing Works has carried out capital repair of the aboveground part of a heavy conveyer at the crushing factory No. 1. Investments in the project amounted to 3.8 million UAH. The conveyer services the Gannovskiy and Pervomayskiy quarries. The conveyer belt with the length of 753 meters transports raw materials from the…
At present Rudomine is operating at 50% of its pre-war capacities. The company has problems with logistics and delivery of spare parts as well as materials for explosion works. Moreover, difficulties with maintenance and machinery repair are also noted. “Most of the machinery is imported, so we depend on suppliers. According to agreements, we have…