In 2015 Marganets Ore-Repairing Works received 0.14 million UAH of net profits. According to the company statement, its net income last year increased by 77.76% YoY, or by 19.22 million UAH, to 43.94 million UAH. The works repairs mining and processing machinery and produces spare parts. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 249 327 225 271 March 281 327 262 271 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…
In April Yuzniy Mining and Processing Works produced 136.9 thousand tons of sinter, up by 13.1% YoY. At the same time, its concentrate output dropped by 5.6% YoY, to 889.5 thousand tons. According to the company statement, in January-April it produced 3603.8 thousand tons of concentrate and 532.2 thousand tons of sinter, down by 3.8%…
ArcelorMittal Kriviy Rih has completely stopped delivering its metal to Russia, as it’s economically inexpedient, but could resume the shipping provided the price increases. “We don’t sell much in Russia. But we could possibly resume our sales there”, said the company CEO Paramjit Kahlon. According to him, the market started to revive and metal prices…
Energomashspetsstal has received an order from AH Industries (Denmark) to produce rotor shafts for wind turbines MM92. The machinery will be used by the largest wind generators producer in Germany Senvion SE. “EMSS will supply 15 rotor shaft billets for wind generators weighing 132.75 tons. The company will fully process the billets and supply them…
In 2015 Makeevka By-Product Coke Plant received 12.77 million UAH of losses, down by 40% YoY, or by 8.57 million UAH. According to the company statement, its net income fell by 54.26% YoY, or by 2.74 million UAH, to 2.31 million UAH. (Ukrainian metal)
Shareholders of Donetskstal have dismissed Yuri Filatov from the office of the supervisory board chairman and appointed Dmitry Christodulidi instead. According to the company statement, Christodulidi was the economy and finance deputy to the general director. Shareholders have also reelected Mikhail Ilyashov and Natalia Lobacheva supervisory board members. The board has been appointed for 3…
More than twenty applications from various Russian and foreign companies were submitted for the contest. Projects notable for innovative solution and creative approach, as well as containing feasibility study, became winners. The contest’s jury composed of experts from major recruiting and consulting companies gave the first place in the nomination “Best students-engaging program” to Norilsk…