As of July 12, importers of the 406.4 mm diameter seamless casing pipes to Ukraine used 87.04% of the quota. According to the Ministry of economical development and trade the quota from October 1, 2015 till September 30, 2016 totals 19505 tons. So far licenses for the amount of 17031 tons of have been given,…
In June Ukraine produced 6336 thousand tons of iron ore and concentrate, down by 3.3% MoM, or by 215 thousand tons. In particular, iron ore output dropped by 2.8% MoM, or by 31 thousand tons, to 1080 thousand tons, while that of concentrate – by 3.4%, or by 184 thousand tons, to 5256 thousand tons.…
Poltava Mining and Processing Works plans to invest some $50 million into development. In 2015 the company had to stop its investment program as to the capacity increase, with the cost of maintenance projects being $50 million. This year PGOK intends to keep its investments on the level of 2015. (Ukrainian metal)
In June Ukraine produced 1765 thousand tons of pig iron, down by 21.4% MoM, or by 481 thousand tons. In January-June pig iron output increased by 17% YoY, or by 1731 thousand tons, to 11927 thousand tons. (Ukrainian metal)
In June Ukraine produced 1536 thousand tons of rolled metal, down by 23.3% MoM, or by 467 thousand tons. In January-June rolled metal output went up by 11.1% YoY, or by 1086 thousand tons, to 10850 thousand tons. (Ukrainian metal)
AzovElectroStal has reelected Alexei Popov the general manager of the company. According to the company statement, his office has been prolonged from July 14 for a year. On July 9, AzovElectroStal has dismissed Yuri Serdyuk from the office of the general manager. Previously Popov worked as the finance director deputy, chief economist of Azovmash. In…
Rusal, one of the world’s largest aluminum producers, has signed an agreement to sell 100% in the bauxite and alumina complex Alpart in Jamaica to Chinese state industrial group JISCO, the company said in a press release. The cost of the transaction amounts to $299 million. The deal is undertaken within the program of Rusal’s…
Since July 19, the throughput of the Kamysh-Zarya railroad route has dropped from 14 cargo trains per day to 9. “The reason isn’t something new – the lack of fuel”, said the Azovstal CEO Enver Tsikishvili. The works has to help railroad again – it provided 33 tons of fuel. “But that will be enough…