In January-June Kamensk-Uralsky Iron and Steel Works received 60.4 million rubles of profit, down 60-fold YoY. EBITDA totaled 117 million rubles against 4.6 billion rubles in H1 2016. At the same time revenue increased by 6.5%, to 12.38 billion rubles. (Ukrainian metal)
Kamensk-Uralsky Foundry Works is entering a new stage of the boiler house construction to replace the old one. “The main task of this stage is the assembly of the fourth boiler, which will allow us finishing the construction of walls. At present the contractor is operating according to the schedule, equipment is delivered in time”,…
Zagorsky Pipe Works has started the imports replacing program with the main goal of developing the segment of spare parts suppliers for Hauesler and Selmers lines that are needed for scheduled and emergency repairs. At present 76 items have already been worked out. The total number of parts is 836. According to the mechanism of…
Avdiivka Coke and Chemical Works, the largest by-product chemical plant in Europe, is worried about the plans of Ukrzaliznytsia to increase railroad transportation tariffs by 22.5%, as this will increase the prime cost of the products and could affect output level. “I’ve learned of the Infrastructure Ministry decree on another railroad tariff increase by 22.5%.…
The Economic Development and Trade Ministry of Ukraine will help to receive access to foreign markets by Ukrainian pipe manufacturers, in particular, the markets of the Eurasian Economic Union (EAEU), especially Kazakhstan and Belarus. The ministry said in a press release that the obstacles for supplies of Ukrainian pipes to foreign markets were discussed at…
The Cabinet of Ministers has granted the United Mining and Chemical Company 3 land plots with the combined size of 154 ha to increase the territory of industrial mining of titanium ores. The corresponding decision was made on August 30. The land was given to the UMCC subsidiary – Irshansk GOK. In particular it received…
In January-June Severstal Distribution increased metal sales by 5% YoY, to 808 thousand tons. In Russia Severstal sold 410 thousand tons of metal, up by 12% YoY. To EU – 330 thousand tons, on par with H1 2016. This year the company pays special attention to such products as rebars and plated rolled metal. The…
In January-June MidUral Group enterprises sold 6.2 thousand tons of ferroalloys. In particular the group sold 3.3 thousand tons of metallic chrome (down from 3.9 thousand tons in H1 2016), 2.1 thousand tons of ferrochrome (2.5 thousand tons), 156 tons of ferrotitanium (272 tons) and 826 tons of other ferroalloys (449 tons). Customers also received…