The Moscow shareholders of Rezhnickel, a part of Rusnickel, have started shutting down the works. Some 850 employees will be sent to forced vacation with two thirds of salary. Around 100 employees will be left looking after the shops. The machinery could be put back into operation as soon as the market situation improves. But…
In December 2016 Dneprospetsstal produced 21385 tons of steel, up by 12.3% MoM, as well as 13620 tons of rolled metal, up by 6.5% MoM. The total cost of products manufactured in December 2016 reached 577.574 thousand UAH, up by 14.4% MoM. In 2016 the company produced 237033 tons of steel, down by 3% YoY,…
In 2016 the two mining and processing works of Group DF (Mezhdurechensky GOK and Valki-Ilmenit) produced 170.2 thousand tons of 42% ilmenite concentrate (Ti2o). The maximum capacity of Mezhdurechensky GOK is 200 thousand tons of ilmenite concentrate per year, that of Valki-Ilmenit – 65 thousand tons. Group DF investments into the development of the two…
Because of the emergency situation in the town of Avdiivka the Avdiivka Coke and Chemical Works has decreased coke deliveries to the Mariupol Ilyich Iron and Steel Works. “Avdiivka Coke is on the brink of collapsing following the constant shelling. Coke deliveries to Ilyich have decreased, and Avdiivka is our only coke supplier at present.…
The Antimonopoly Committee of Ukraine has ordered the state enterprise Selidovugol to change the requirements within the tender of coal processing. “Selidovugol stated the necessity to have the car dump. Still it could not prove the necessity to have the car dump while processing coal. This is narrowing the circle of the tender participants. As…
Metinvest Group’s Avdiivka Coke and Chemical Works in the Donetsk region suspended operation amid a blackout caused by the hostilities but managed to maintain autonomous power generation for the plant and to heat Avdiivka with coke gas. “We managed to maintain power generation and to heat the town with coke gas; we are waiting for…
Shareholders of the private joint-stock company Severniy Mining and Processing Works, a part of Metinvest Group, have sent UAH 11.546 billion to pay dividends for 2014 and previous years. “At a general meeting of shareholders on January 30, it was decided to pay dividends implementing the draft decision,” the company reported. Some UA 1.545 billion…
Shutdown of Metinvest Group’s Avdiivka Coke and Chemical Works (Avdiivka Coke) can lead to a humanitarian disaster in the town. As a result of the shelling that damaged the power transmission lines, the enterprise was experiencing power supply outage and had to proceed to hot mothballing. Should Avdiivka Coke come to a complete halt, the…
