Zaporizhstal successfully delivers metal to its clients through the Zaporozhye river port, decreasing transportation time and logistics expenses. According to the sales director Vladimir Kolomiets, the works saves $2-4 per ton when shipping by river as compared with railroad delivery. The company also decreases its transportation expenses, by bringing metal to the port by automobiles,…
In April Ukraine exported $14.37 million worth of ferrous metals scrap, with imports on the level of $0.24 million. According to the State Fiscal Service, the main importer of Ukrainian scrap in April was Turkey ($14.23 million). In January-April scarp exports totaled $16.84 million, while imports were on the level of $1.78 million. (Ukrainian metal)
Supervisory board of Kremenchuk Steel Works has appointed Victor Samusenko chairman of the board. According to the company statement, Rostislav Dubrov, Andrei Klimenko and Stanislav Tyzha were reelected members of the board. Tyzha was appointed acting chairman on January 13. The next day chairman of the board Dmitry Chernenko was dismissed. (Ukrainian metal)
Metinvest expects that the general manager of Ukrzaliznytsia Wojciech Balczun will work on the improvement of the company effectiveness. “We hope that all the tariff payments that Ukrzaliznytsia receives from metal companies, will be spent on fuel, spare parts and new locomotives, so that the company increases its effectiveness. The tariffs have been increased several…
ArcelorMittal Kriviy Rih intends to shut down its open-hearth manufacture when it completes its project of gas-purifying machine assembly at the converter shop. “The operation of the open-hearth furnace was closely connected with the gas-purifying machine project in the converter shop. The sooner we finish the project, the sooner we will close the open-hearth manufacture”,…
Shareholders of Avdiivka Coke and Chemical Works have decided to increase the supervisory board from 1 to 5 members. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all of them top-managers at Metinvest Holding and representatives of Metinvest B. V.) and Alexei Kolchanov (corporate secretary at Metinvest Holding) have been…
Shareholders of Komsomolskoye Mine Group have decided to increase the supervisory board from 1 member to 5. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova and Olga Larina (all of them top-managers at Metinvest Holding) have become members of the supervisory board. They have been elected for 3 years. At…
Two of the largest blast furnaces at Magnitogorsk Iron and Steel Works set new records for monthly volumes of pig iron in April. Blast furnace No. 9 produced 157.49 thousand tons of pig iron, beating its previous monthly record of 153.52 thousand tons, set in July 2013. Blast furnace No. 10 also set its own…