The Russian government is ready to support aluminum producer RUSAL, which is under U.S. sanctions, by purchasing aluminum or providing loans, Deputy Finance Minister Vladimir Kolychev said. New sanctions against Russia were introduced by the U.S. in April. RUSAL was among the blacklisted companies, which means arrest of assets in the U.S. and prohibition to…
Chief Executive Officer of ArcelorMittal plants in Ukraine and Kazakhstan Paramjit Kahlon met for the first time the representatives of global trade union federation (IndustriALL Global Union) in Kyiv. The meeting was held with participation of main trade unions of Kazakh and Ukrainian plants of the group. IndustriALL Global Union / FES unites the trade…
The prices of precious metals increased in Azerbaijan on September 6, according to the data published by the Central Bank. The price of gold grew by 6.613 manats, to 2,035.6395 manats per ounce on September 6, compared to the price on September 5. The price of silver went up by 0.0408 manats, to 24.0932 manats…
In August Ukrainian coal production reached 2.904 million tons, the Trade Union of Coal Mining Industry of Ukraine informed on September 5 with reference to the Energy and Coal Industry Ministry. “In August coalmining enterprises of Ukraine of all forms of ownership extracted 2,904,151 tons of coal. The plan was fulfilled by 103%,” reads the…
Out of 27 operating mines in Armenia at 10 violations have been spotted. The main violations concerned tax obligations. To remove violations the mines are given 90 days. If violations are not removed, the mines licenses will be cancelled. (Ukrainian metal)
The state enterprise Volynugol and its structural divisions owe considerable amounts to the Pension Fund. As of August 1 the combined debt of Volynugol and its divisions reached 116.7 million UAH, including the debt on preferential pensions of 113.24 million UAH. The Novovolynsky city council has sent a letter to the minister of energy and…
The de-shadowing of the scrap market will provide for additional revenue of the state budget in the volume of 850-900 million UAH per year. “There are some 15 thousand scrap procuring centers in Ukraine. And all this business is in the shade. Even considering the decrease of procurement volumes, that’s some 17-18 billion UAH”, Ukrmetallurgprom…
Blagoveschensk Rebars Works has made the first delivery of products mastered in record-low time thanks to the use of the innovative method of parallel projection. The manufacture of new sizes of block valves DN 500 mm PN 6.3 MPa, DN 400 mm PN 6.3 MPa and DN 350 mm PN 10.0 MPa was mastered in…
