Metinvest Group ranks first among Ukrainian companies that have been included into Central and Eastern Europe TOP-500 list. The companies were ranked by the international audit company Deloitte based on their 2015 consolidated revenues. According to the survey, the majority of CE countries saw economic growth, and the only country whose economy shrank in 2015…
Energomashspetsstal has started producing a new ware – Hall’s anchor for various vessels. This is the first time that the works produces such anchors.
The first three anchors have already been shipped to the buyer.
The 10-ton anchors were tested in the steel shop. (Ukrainian metal)
Russia’s revenue from coal exports fell by 18% YoY to $4.55 billion in January-July, according to the Federal Customs Service. In physical terms, Russia’s coal exports increased by 8.3% to 89.97 million tons. Coal exports to non-CIS countries rose by 9.1% to 84.34 million tons worth $4.21 billion, a 17.6% fall in monetary terms. Coal…
In October-November DTEK will receive 70 thousand tons of anthracite from the South African Republic. “We plant to import coal from SAR and Poland. The first batches of gas coal (50 thousand tons) will arrive in the next 2 weeks, and we are expecting 70 thousand tons of anthracite from SAR in late October –…
Within the reconstruction of its pelletization factory the Central Mining and Processing Works has completed the first stage of the factory modernization. The company has put the Eirich batch-blending machine into operation. The new equipment costs 15 million UAH. The total investments into the project will reach 61 million UAH. The second stage is the…
Mariupol Ilyich Iron and Steel Works has started modernizing its sheet shop 1700. The shop will receive new equipment and will see some repairs. Investments this year will total 120 million UAH. The company has concluded a contract with Novokramatorsk Machine-Building Works to produce the necessary equipment. NKMZ will produce and deliver 80 million UAH…
In January-August Mariupol Ilyich Iron and Steel Works decreased natural gas consumption by 29% YoY.
“Now the total consumption of the works is less than 32.5 thousand cubic meters per hour”, said the company CEO Yuri Zinchenko, adding that steel smelting grew by 5.4% and pig iron production – by 9.3%. (Ukrainian metal)
Zaporizhstal has halted its sintering machine No. 6 to install the new gas-purifying system.
“In 45 days the environmental project valued at 870 million UAH will be completed. In early November the sintering factory chimneys will show the result”, said the company CEO Rostislav Shurma.
Zaporizhstal started active construction works in mid-August. (Ukrainian metal)
In July Russia exported 2.3 million tons of ferrous metal, down by 13% MoM. In January-July ferrous metals exports dropped by 0.5% YoY, to 16.9 million tons. At the same time semi-finished products exports increased by 2% YoY, to 8.5 million tons, with rolled sheet shipping up by 5%, to 5 million tons. Pig iron…
In July Ukraine exported $39.18 million worth of steel pipes, with imports on the level of $7.59 million.
According to the State Fiscal Service, the main importer of Ukrainian steel pipes in July was Russia ($8.77 million).
In January-July Ukraine exported $226.01 million worth of steel pipes, while imports totaled $64.89 million. (Ukrainian metal)
The Ministry of economical development and trade has suggested canceling VAT in operations with scrap metal, as well as the income tax when submitting scrap. The ministry suggests canceling VAT for good, instead of making amendments to the state budget on annual basis, as it is done now. Thus VAT will not be imposed on…
In July Ukraine exported $224.58 million worth of steel semi-finished products, while imports reached $1.22 million.
According to the State Fiscal Service, the main consumer of Ukrainian steel semis in July was Egypt ($60.62 million).
In January-July steel semis exports totaled $1326.95 million, with imports on the level of $6.83 million. (Ukrainian metal)
Central Mining and Processing Works has purchased quarry machines valued at 210.5 million UAH.
According to the company statement, it has acquired 6 large trucks and a Komatsu D275F-5 bulldozer.
The new machines will work at the Artemovsk quarry in Kirovograd region. (Ukrainian metal)
The construction of the aluminum works in Tayshet could start in 2017, according to the deputy of the Irkutsk region government head Anton Logashov.
At present the construction is halted. Rusal has been constructing TaAZ since 2006. The works capacity should stand at 750 thousand tons of aluminum per year. (Ukrainian metal)
The weeklong halt at Nikopol Ferroalloy Plant has resulted in the 9% output decrease. According to the Association of Ukrainian Ferroalloy Producers, August target output was decreased from 64 thousand tons to 58.1 thousand tons, with the works producing 58.14 thousand tons. The company furnaces stood idle from August 9 till August 16 due to…
The Pipe Metal Company has supplied a batch of premium-quality pipes to Yamal LNG.
TMK has been supplying the company with quality pipes since 2012.
In 2014 the parties signed a contract on deliveries till 2020.
This year TMK has shipped 4700 tons of premium-quality pipes to Yamal. (Ukrainian metal)
To stop deindustrialization processes Ukraine has to consume 12 million tons of rolled metal per year, according to Ukrpromvneshexpertiza director Vladimir Vlasyuk. “As of today the metal that needs to be replaced equals some 80%. If we take old pipes or structures, all this volume of metal might exceed 400 million tons. This means we…
In January-August Ukraine exported 233.37 thousand tons of ferrous scrap valued at $40.99 million, down by 76.5% and 83.1% YoY respectively. According to the State Fiscal Service, scrap was not exported in July and August, with 26.78 thousand tons exported in June, 112.57 thousand tons in May, 82.47 thousand tons in April, and 11.54 thousand…
Energomashspetsstal has received an order to produce a low-pressure turbine rotor weighing 88.7 tons for BHEL (India).
According to the company statement, the rotor will be delivered to Haridwar in January 2017.
The rotor will be made of a high-chromium steel billet weighing 290 tons. This steel grade provides the necessary mechanical properties. (Ukrainian metal)
On September 6, deputy CEO of Lvivugol informed the head of the Sokal regional state administration Oleg Palikha of 3.9 thousand tons of coal mined since the month started. He also mentioned that miners had been paid 39 million UAH of July salary. Coal deliveries improved: Lvivugol sent out 10.1 thousand tons of coal of…
In January-August Ukraine imported 5.2 million tons of cocking coal from Russia, up by 62% YoY. This equals 66.5% of all the coking coal imported. According to Ukrkoks general director Anatoly Starovoit, Russian coal is highly important for Ukraine. In 8 months Ukraine mined 4 million tons of coking coal and imported 7.8 million tons.…
In July Ukraine exported $170.6 million worth of flat rolled metal, with imports on the level of $56.99 million.
According to the State Fiscal Service, the largest consumer of Ukrainian flats in July was Russia ($28.92 million).
In January-July Ukraine exported $1019.08 million worth of flat rolled metal, while imports totaled $296.66 million. (Ukrainian metal)