Russia: aluminum structures output up in January 2017

In January Russia produced 3 thousand tons of structures and parts of aluminum.

According to the Federal Service of State Statistics, this is up by 14.9% YoY, but down by 32.2% MoM.

Ukraine: Nasalik names state mine losses

Only 18% of Ukrainian state mines work without losses. The cost of coal, which is a part of the electricity production tariff, is 1730 UAH per ton. “At present the gas-generating coal is sold at 1730 UAH per ton, but on the Ukraine-controlled territory there are now only 4 mines that fall under this price”,…

Russia: Evraz ZSMK modernizes sinter factory

Evraz ZSMK has put into operation two gas-and-dust separators systems. According to the company statement, the new machines are used to clean air of premises originating from the process of sinter manufacture. The project presupposes putting into operation 2 more machines by 2019. The investments into the project totaled 350 million rubles. For the past…

Russia: Ufaleinickel to stop on April 1, 2017

Ufaleinickel will halt its operation on April 1. The corresponding decision has been taken by the shareholders because of the unfavorable financial and economical situation. The employees will be sent in idle vacation with 2 thirds of the average salary. The company started experiencing problems after the world nickel prices dropped and coke prices increased.…

Ukraine: 4 findirectors replaced at AMKR in 6 months

Sergey Plichko, the deputy financial director, deputy chief accountant on finances has been appointed the new acting financial director, chief accountant of ArcelorMittal Kriviy Rih. For the past 5 months the acting financial director, chief accountant has been Igor Kublitsky, though his appointment has to end on June 30. Sergey Plichko has been appointed till…