In January-June Ukraine produced 5.037 million tons of bulk coke, down by 22.5% YoY. In particular Avdiivka Coke and Chemical Works decreased output from 1.468 million tons to 1.272 million tons, Alchevsk Coke and Chemical Works – from 900 thousand tons to 125 thousand tons, Makeevkoks – from 503 thousand tons to 127 thousand tons,…
In January-June Ukraine produced 505.9 thousand tons of steel pipes, up by 27.46% YoY. Niko-Tube increased output from 95 thousand tons to 141 thousand tons, Nizhnedneprovsk Pipe-Rolling Works – from 74 thousand tons to 125 thousand tons. UTiST produced 1.4 thousand tons of pipes, up from 1.3 thousand tons, Centravis – 9.1 thousand tons, Khartsyzsk…
In Q1 Metinvest doubled its investments into capital construction YoY, to $103 million. The mining segment accounted for 71% of investments (46% in Q1 2016), while metal segment –28% (52%). The main investments at Mariupol Ilyich Iron and Steel Works include the construction of the continuous casting machine No. 4 and the reconstruction of the…
Vladislav Solovyov, CEO of UC RUSAL, has suggested Economic Development Minister Maxim Oreshkin study a support program for large industrial power consumers that will stimulate industrial production and boost the gross domestic product (GDP). According to Solovyov’s calculations, industrial consumers pay for excessive power generation, grid capacities, and many types of cross-subsidization with the payments…
The management of the Vysochaishiy public joint-stock company has decided to distribute 6.378 billion rubles of net profit for 2016. 2.308 billion rubles will be sent to the development fund, of them 1.63 billion – for construction, 108.333 million rubles – for prospecting, and 1.793 billion – to cover losses of the previous years. 46.8…
This year Stangold LLC is working under one license only and washes for the alluvial gold at the Sirik creek valley. So far the company has obtained only 22 kg of gold, down by 2 kg YoY. The target for this year is 50 kg of gold. But the company expects to get up to…
In January-June Uglegorskugol LLC mined 17.733 thousand tons of coal at its Central site of the Solntsevskoye deposits. In H1 2016 the company mined 148.664 thousand tons of coal, with 337.473 thousand tons mined in the whole 2016. The decrease of the output is connected with the thinning of the licensed sites. The company has…
Beloretsk Iron and Steel Works has passed the audit of rebars wire and threads for the correspondence of the Slovakian norms of construction products. The certificate will allow the company to increase product range supplied to Slovakia and the number of customers. In particular, the rebars wire with 5 mm diameter and rebars 7-wire threads…
