Centravis, one of the largest suppliers of stainless steel pipes in Europe, continues operating in three shifts despite constant shelling of Nikopol and the whole of Ukraine. At the same time, the company has transferred the main manufacture to night shifts. Thus the company intends to decrease the load on the power system. “The government…
QazSpecSteel plans to invest $587 million in the construction of a plant to produce steel billets with a capacity of 800 thousand tons in Aktobe. Last week, the regional authorities signed a memorandum of understanding with the company. The timeframe of the construction has not been revealed. When the design capacity is reached, the plant…
Shareholders of the Yuzhniy Mining and Processing Works intend to keep the net profit of 29.8 billion UAH received in 2021 undistributed. The issue will be discussed at the extraordinary shareholders meeting scheduled for November 25. He shareholders will also elect new members of the revision committee and the chairman. (Ukrainian metal)