In January-June VIZ-Stal decreased the average power intensity of the transformer steel manufacture by 7.2% YoY, to 7.5 Gcal per ton. Expenses to purchase energy carriers dropped by 3 million rubles. This is the result of the energy efficiency increase program. In particular, in the cold-rolling shop the company has repaired the system of steam…
Dneprometiz has started producing low-carbon steel wire with the diameter of 1.2, 1.4 and 1.6 mm according to GOST 3282-64 with a new winding technique. The main characteristic of the winding is the special form and weight of the coil – 200 g. Such products are used as packing materials in various industries. (Ukrainian metal)
The Miners Union of Ukraine has applied to the International Labor Organization, a part of UN, with the complaint on the breach of their rights due to the non-payment of salary. According to the Independent Miners Union chairman Mikhail Volynets, the salary debts to miners are growing. So far the debt amounts to 1 billion…
Obukhovskoye Mine Group, Rostov region, a part of Ukrainian DTEK, has suspended coalmining following an explosion. According to preliminary information, during the preparation for the explosion works at the long face No. 501, blast-hole charges detonated. There is no information on the collapse of the mine, but 5 miners were injured and one perished as…
Metinvest deal to buy 24.99% of Pokrovskoye Mine Group is one of the largest on the Ukrainian market in the past years. Metinvest paid $190 million for the stake. According to Eavex Capital, the whole company is estimated at $0.9-1.1 billion, thus the stake has been purchased at a market price. The mine group belonged…
Ukraine’s imports of nickel ore and concentrate in January-July increased by 13.4% YoY, 891,670 metric tons from 786,140 metric tons, the State Customs Service said. The value of imports of nickel ore and concentrate rose to $43.6 million from $38.4 million in January-July 2017, S&P Global Platts said. Over January through June, Ukraine received 71%…
Uzbekistan intends to expand the supply of uranium concentrate to India in the near future, Deputy Prime Minister of Uzbekistan Sukhrob Kholmuradov said opening the meeting of the eleventh Uzbek-Indian intergovernmental commission. Uzbekistan is also ready to expand direct supplies of non-ferrous and rare-earth metals, cable and wire products. Kholmuradov stressed that the parties had…
Jersey-registered Russian aluminum giant UC RUSAL, hit by the U.S. sanctions, is considering changing its jurisdiction and becoming a resident of one of the country’s special administrative regions, the company said on August 17. “The board of directors decided that such a change of registration would on the whole serve the best interests of the…