Beginning with October 19, ArcelorMittal Kriviy Rih had to start paying for damages caused by its pollution. According to the new Tax Code of Ukraine, AMKR has to pay the following to the state: 30% to the special state budget fund (21 million UAH) and 70% to the local budget (50.4 million UAH). The latter…
In January-September ArcelorMittal Kriviy Rih produced 4.27 million tons of rolled metal, up by 10.8% YoY. According to the company statement, steel smelting went up by 8.8%, to 4.72 million tons, while pig iron production increased by 15.8%, to 4.52 million tons. The company also produced 7.77 million tons of sinter, 692 thousand tons of…
MMK-Metiz has added a new type of products to its portfolio. According to the company statement, it has started producing square stock with 7×7 and 8×8 mm sections of 10 and 20 steel grades in rods. Such rods are used in many industries. (Ukrainian metal)
The Ukrainian Prime Minister Vladimir Groysman will head the meeting of the Cabinet of Ministers on mining-metallurgical complex on October 24. Metal companies have also agreed to have separate meetings with power and transport companies. (Ukrainian metal)
The council of cooperation of Gulf countries (Bahrain, Qatar, Kuwait, UAE, Oman, Saudi Arabia) has started investigation on ferrosilicomanganese imports from Ukraine. Within 21 days of the date of the investigation start all the parties concerned have to register as participants, and within 10 days to address the council to receive the questionnaire. (Ukrainian metal)
In January-September the Siberian Coal Energy Company mined 78.9 million tons of coal, up by 15% YoY. Sales went up by 5% YoY, to 74.1 million tons. Sales on the local market remained on the last year levels. Russian consumers received 36.1 million tons of coal, with 29.2 million tons going to power plants. Foreign…
The department of the inner market protection of the Eurasian Economic Commission has started the second antidumping investigation in respect of some types of steel pipes, produced by Ukrainian metal companies. The investigation was initiated by Interpipe to review the individual sizes of antidumping duties due to new circumstances. The antidumping measures were imposed in…
In January-September Korshunovsky Mining and Processing Works mined 6 million tons of ore, up by 3% YoY. According to the company statement, concentrate output went up by 3%, to 2.1 million tons. Almost all of the products (98%) were supplied to Chelyabinsk Iron and Steel Works. Revenues increased by 13% YoY, to 6.4 billion rubles,…