Zaporizhstal has postponed for half a year the construction of the oxygen-converter shop because of the EU duties on hot-rolled metal. According to the company CEO Rostislav Shurma, in 5 year Zaporizhstal invested 8.5 billion UAH into modernization, having assembled gas-purification equipment at all of its 6 sintering machines. The company has been pondering the…
Evraz Yuzhkoks sells heating energy (heating and hot water) to a part of Kamenskoye citizens at tariffs 4-5 times lower than in other cities of Ukraine. The works provides services to the recipients of the energy depending on the size of their premises. “This is a small part of the town. Their tariff was 5…
Ukraine will not be able to import coal from Poland in this heating season, as the country is in need of coal imports itself. According to the energy programs director at the Center for world economy and international relations of the National academy of sciences of Ukraine Valentin Zemlyansky, recently Poland has started importing coal…
The people deputies of Primorye region have discussed the appeal of the regional port authorities to limit exports of ferrous metals scrap. The share of the region in the Russian scrap exports does not exceed 20%. Exports mostly go to South Korea. Direct railroad exports of scrap are almost zero. (Ukrainian metal)
The so-called Council of ministers of the Lugansk People’s Republic, a terrorist organization created and supported by Russia, has openly addressed the citizens of Alchevsk saying it has been unable to provide for the operation of its main enterprises. “Fellow countrymen! The government of the republic is worried by the situation at the major companies…
The European Commission intends to impose a fixed tariff for the import of hot-rolled coils from Ukraine, Brazil, Iran and Russia and will not calculate the minimal import price. When the fixed duty, not dependent on current prices, is imposed, European manufacturers will be better protected than by the minimal import price or antidumping duty.…
In September Yuzhniy Mining and Processing Works produced 1.002 million tons of concentrate, up by 0.5% YoY. According to the company statement, sinter output went up by 7.5%, to 182.1 thousand tons. In January-September UGOK increased concentrate output by 11.6% YoY, to 9.17 million tons. At the same time sinter manufacture dropped by 7.8%, to…
On September 29 MMK hosted an extraordinary meeting of its shareholders. By the majority of votes it was decided to pay dividends for the first half year in the amount of 0.869 rubles per ordinary share (some $164 million). This equals to 75% of the free fund flow of the company in H1, which exceeds…
