Supervisory board of the Metinvest group has appointed Julia Dankova the financial director. Previously Dankova was the acting financial director. Alexei Kutepov, financial director since August 2013, resigned in winter 2016. (Ukrainian metal)
Poltava Mining and Processing Works believes that Germany, Austria, South Korea and Japan are its priority sales markets. According to the company chairman Victor Lotous, it plans to sell 65% Fe content pellets there. Last year PGOK exported 11494 thousand tons of iron ore pellets. (Ukrainian metal)
In June Ukraine produced 921 thousand tons of 6% moisture bulk coke, down by 18.6% MoM, or by 210 thousand tons. In January-June coke output increased by 23.4% YoY, or by 1255 thousand tons, to 6496 thousand tons. (Ukrainian metal)
The Kiev Commercial Court of Appeals has refused to review the lawsuit on the return of the Zaporozhye Aluminum Works to the state ownership. The court has left without satisfaction the claim of Velbay Holdings Limited (Cyprus) to review the decision of the Kiev Commercial Court of March 22, 2012, due to the new conditions.…
The repairing team of DTEK has restored two of the four electric lines feeding Avdiivka Coke and Chemical Works. Because of the military activities 2 of the 4 lines were cut on June 8 and 29, and the remaining 2 lines – on July 20. From that day the company worked on its own generators.…
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)
