Turkish investors plan to modernize Lvivugol mines and buy coal. According to the Lviv regional state administration, managers of Lvivugol met the Turkish delegation and discussed financing of mine modernization. The Ministry of energy and coal industry has postponed the privatization of coalmines for indefinite time due to the large debts. (Ukrainian metal)
General director of Volynugol Valentin Kiselev has resigned after his meeting with the minister of energy and coal industry Igor Nasalik. Earlier the mine groups of Volyn have asked the minister and the director of coal and peat department Anatoly Korsun to fire Valentin Kiselev from his office. (Ukrainian metal)
In January-April Ukraine imported 26.77 thousand tons of hot-briquetted iron (a substitute for scrap), up 9.6 times YoY. All the imports came from Russia. According to the State Fiscal Service, Ukraine spent $3.7 million on imports, up 4.5 times YoY. (Ukrainian metal)
In January-April Ferrexpo, owner of Poltava and Yeristovo Mining and Processing Works, produced 3.85 million tons of pellets, down by 1.7% YoY. At the same time, concentrate output increased by 2.6%, to 4.85 million tons. In April the group produced 973 thousand tons of pellets and 1.17 million tons of concentrate. (Ukrainian metal)
In January-April Interpipe Steel produced 192 thousand tons of steel, up by 7.9% YoY. In April the works produced 44 thousand tons of steel, with 57 thousand tons in March. Last year the company produced 596 thousand tons of steel, down by 32% YoY. Due to the absence of scrap the works was idle for…
Zaporizhstal has started assembling gas-purifying equipment at its sintering machine No. 5. The machine was stopped on May 15, and the assembly is expected to finish in 45 days. “Zaporizhstal has been assembling gas-purifying equipment according to the schedule. We try to find resources for ecological modernization even today, under extremely difficult conditions. We invest…
Zaporozhtransformator has concluded an agreement with ArcelorMittal Temirtau. According to the agreement, the company will produce and deliver the 110 kW transformer. The same transformer was produced and delivered to the works in 2015. “The peculiarities of the new agreement are the delivery terms – we have to ship the transformer in July. We have…
In 2015 Zaporozhye Ferro Alloys Plant received 154.95 million UAH of losses. According to the company statement, its net income increased by 29% YoY, or by 1143.68 million UAH, to 5057.77 million UAH. (Ukrainian metal)
