The illegally nationalized Kerch Iron and Steel Works needs employees. According to the HR office of the company, it is going to hire machine operators, turners, milling machine operators, crane operators, planers, punchers, mechanics, etc. The usurpers promise monthly bonuses in addition to salary. (Ukrainian metal)
Severstal has bought out all the remaining eurobonds with maturity in 2018. According to the group statement, it has paid $548.62 million for them. “Thus, our obligations to the bond holders have been completely fulfilled”, the company said. Eurobonds valued at $600 million were issued by Steel Capital SA in 2013 with the interest rate…
Kara-Balta mining plant may start working in the near future, the Mining and Metallurgical Trade Union reported. According to it, the management of the plant agreed with Canadian investors on cooperation in the development of uranium deposits Tash-Bulak and Kyzyl-Ompul. Thanks to this, it will be possible to significantly increase production volumes and reach profits.…
On March 19 the state enterprise Lvivugol cleared the salary debt for January to its employees. According to a company representative, it has received a tranche of 15 million UAH from the state company Ugol Ukrainy, which allowed it to completely pay out the debt. Lvivugol will also be able to pay 12% of the…
The Ukrainian Prime Minister Vladimir Groysman has sent a letter to the US government asking it to remove Ukrainian metal products from 25% duty sanctions. On March 8 Donald Trump announced the imposition of a 25% duty on metal from all countries, except for Canada and Mexico, to protect the local market. In 2015 Ukraine…
Energomashspetsstal will supply two bulk supporting rolls with the combined weight of 230 tons to Anyang Steel (China). According to the company statement, the first roll will be supplied in October, and the second – in February 2019. The rolls will be used in hot-rolling 3500-mill. (Ukrainian metal)
In 2017 Chasov Yar Refractory Works decreased net profit by 25.8% YoY, or by 9.8 million UAH, to 28.26 million UAH. The company assets as of late 2017 totaled 314.68 million UAH, current liabilities – 19.616 million UAH, fixed liabilities – 14.809 million UAH and consolidated accounts receivable – 33.882 million UAH. In 2016 the…
NLMK Group, an international steelmaking company, spent over 5.7 billion rubles on environmental projects and initiatives in 2017. Whilst steel output grew by 2% YoY in 2017, specific emissions at NLMK Group’s Russian companies decreased by 1.5%, to 20.5 kg per ton of steel, water consumption decreased by 8%, and the recycling rate was 86.9%.…