The minister of energy and coal industry Igor Nasalik has confirmed the existence of the monopoly on the coal market. “State mines occupy 18-20% of the market, but we will increase their share. 80% is on behalf of Rinat Akhmetov’s DTEK”, he said. “So, the monopoly is quite obvious”. Earlier the previous energy minister Vladimir…
Azovstal Iron and Steel Works, a part of Metinvest, is operating at 55% of its capacity while the orders allow it to work at 80-85%. This is the result of the coke shortages following the railroad blockade. According to the company CEO Enver Tskitishvili, because of the blockade Azovstal stopped receiving coke from Avdiivka Coke…
In January Poltava Mining and Processing Works, a part of Ferrexpo, exported 906.8 thousand tons of iron ore pellets. The products were shipped to Europe and the Near East, as well as Japan, China and Korea. At the same time Karelsky Okatysh exported 516 thousand tons of pellets, Lebedinsky GOK – 432 thousand tons, Mikhailovsky…
Ukraine did not create the state coal reserves, as there were no problems with coal delivery prior to Donbass blockade, while the price of imported coal was much higher than that of the local coal. To diversify coal deliveries the minister of energy and coal industry Igor Nasalik suggests returning the so-called coal component of…
Mariupol Ilyich Iron and Steel Works has finished the capital repairs of its heating furnace No. 1 in the 3000 sheet-rolling shop. According to the company CEO Yuri Zinchenko the overhaul cost 6.5 million UAH. The repairs saw the replacement of the major part of mechanical equipment: 260 reiters and 16 units of swivel joints.…
In 2016 the Russian enterprises of Severstal-Metiz started producing over 100 new types of products. The largest increase in new products (over 50 types) was in the sizing segment, mostly new types of steel shaped sections, railroad fasteners and small ironware, in particular sections No. 2589 for the manufacture of tracks, screws with flat washer,…
According to the National Statistics Department of Georgia, in January the trade turnover with Turkey, the second largest trade partner of the country, reached $85.93 million, with exports at $15.93 million, up by 77.4%, and imports at $70 million, down by 5.3%, both YoY. In particular, steel pipes imports from Turkey totaled 3163 tons valued…
The Sumy Scientific-Manufacturing Enterprise is finishing its work on the VVN2-50M vacuum pumps for ArcelorMittal Temirtau. The contract stipulates the production of 4 units of the machinery. The delivery is expected in the nearest future. According to the Sumy NPO chief sales manager Oleg Semesenko, the company has previously cooperated with AMT, the largest company…
