Ukraine: AMKR allocates funds for environmental projects in Kriviy Rih and Dnipropetrovsk region

PJSC ArcelorMittal Kriviy Rih will allocate 8 million UAH for environmental projects implementation in Kriviy Rih and Dnipropetrovsk region. These projects are included into city and regional programs aimed at environmental issues elimination and environment conditions improvement. PJSC ArcelorMittal Kriviy Rih will finance implementation of new dust suppression technologies on dumps and industrial sites, purchase…

Ukraine: Metinvest to liquidate Donetskkoks

At the meeting on March 29 shareholders of Donetskkoks decided to liquidate the company.

In 2017 Donetskkoks decreased losses 11-fold YoY, to 2.5 million UAH.

Metinvest reported on the threat of losing control over operation of its enterprises in the Russia-seized lands of Donbass, including over Donetskkoks, on March 15, 2017. (Ukrainian metal)

Belarus: Severstal Distribution supplying galvanized metal to Alutech

Severstal Distribution has signed an agreement to supply galvanized metal to one of Alutech enterprises for the manufacture of section gates. Galvanized metal manufactured by Cherepovets Iron and Steel Works (Russia) will be used to produce sandwich-panels and sections. “We have been cooperating with Alutech Gate Systems for over 2 years. Specifically for this strategic…

Russia: NLMK – monoexporter in Lipetsk region

According to the Lipetsk region customs office, in January-February exports increased by 19.5% YoY, to $781.3 million. Foreign trade turnover exceeded $893 million. In the export structure NLMK ferrous metals account for 94.9%. Far foreign countries account for 94.1% of the total foreign trade turnover ($840.7 million). The main trade partners of the Lipetsk region…

Ukraine: Donetskstal losses set record in 2017

In 2017 Donetskstal increased losses 3.6-fold YoY, to 8.185 billion UAH.

According to the company statement, its assets as of late 2017 totaled 16.5 billion UAH.

The company current liabilities amounted to 34.878 billion UAH, and its consolidated accounts receivable – 7.701 billion UAH. (Ukrainian metal)