Artyom Filipyev has been appointed General Legal Counsel of PJSC ArcelorMittal Kriviy Rih. He will be responsible for enforceability of PJSC ArcelorMittal Kriviy Rih within laws of Ukraine, protection of interests of the company in economy, land and property. Prior to new appointment, Artyom Filipyev worked on the position of the Legal Director, PrJSC Consumers-Sklo-Zorya…
Mining and processing works of Ukraine now stock 700 thousand tons of iron ore raw materials with the norm of 150 thousand tons due to the difficulties with shipping via railroad. In August the companies undersupplied $100 million worth of products. “In September the goal will not be reached, thus, the companies will have to…
Nordgold has put into operation a new mine – Gross – in Yakutia. Investments in the mine are estimated at $250 million. When the mine reaches its design capacity it will be extracting some 12 million tons of ore and producing 200 thousand ounces of gold per year for 17 years. (Ukrainian metal)
In June-August direct deliveries of rolled steel to the major metal servicing centers specializing in the manufacture of metal structures, totaled 594.5 thousand tons. According to the railroad statistics, this is up by 2.8% YoY. At the same time deliveries dropped by 5%, but grew by 20% and by 3% as compared with 2014, 2015…
In August direct deliveries of metal to the major enterprises of the oil and gas complex of Russia and to the construction sites of new oil and gas projects totaled 336.2 thousand tons. According to the railroad statistics, this is down by 21.2% YoY. In January-August deliveries reached 2.84 million tons, down by 12.1% YoY.…
In June-August steel deliveries to major metal traders totaled 2.71 million tons. According to railroad statistics, this is up by 6.1% YoY. At the same time deliveries grew by 24%, 14% and 2.6% compared with 2014, 2015 and 2016 respectively. (Ukrainian metal)
The board of directors of the Pipe Metal Company (TMK) has approved the buy back of the shares valued at $30 million. The project will be carried out in 2018-2019. The papers bought back will be kept by TMK. The company plans to buy back up to 29.3 million shares, or 7.3 million GDR. (Ukrainian…
ArcelorMittal Temirtau is reconstructing its hot-rolling mill-1700 in the sheet-rolling shop No. 1. The goal of the project is to replace outdated machinery and increase capacity. The machinery is supplied by Novokramatorsk Machine-Building Works (Ukraine). So far the company has shipped machinery for the second stage of repairs. Soon NKMZ specialists and AMT employees will…