In April Zaporizhstal decreased natural gas consumption to 12 million cubic meters. The April record was the result of hundreds of energy efficiency measures taken at the company. “But we are not going to stop. Our goal this year is to reach natural gas consumption on the level of 10 million cubic meters per month”,…
In January-April Ukraine exported 698 thousand tons of steel-smelting pig iron, up by 19.2% YoY. According to the State Fiscal Service, pig iron exports brought Ukraine $120.04 million UAH, down by 27.4% YoY. Most exports went to Turkey (29.74%), USA (26.67%) and Italy (20.54%). (Ukrainian metal)
On May 12, ArcelorMittal Kryviy Rih hosted the international scientific-production conference of blast furnace operators “PCI in Blast Furnace Process: commissioning experience and solving issues”. The representatives of major steel companies, unions and holdings of Ukraine as well as representatives of Ukrainian and international companies and scientific-project organizations took part in it. The participants of…
Metalloinvest has signed a RUB 6.8 billion agreement to ship iron ore concentrate of the highest grade with iron content of up to 69.5% to Industrial and Steelmaking Holding (ISH). Prices take into account changes in market conditions. In 2016, Metalloinvest started sales of high-grade products with a low silica content and increased iron content.…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 285 578 284 338 March 298 507 290 311 * – 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…
As part of the International Surface Finishing, Electroplating and Coating Exhibition in China, SF EXPO CHINA Chongqing 2016, Norilsk Nickel won the nomination The Best Overseas Brand of Material for Plating. The jury, which selected the winners in nominations, included the organizers of the exhibition as well as representatives of two national industry associations and their…
Supervisory board of Evraz Yuzhkoks has elected Alexander Rybalko its chairman. According to the company statement, Rybalko has been elected for 1 year and is the representative of Palmrose B.V. (the Netherlands). In 2015 the company received 23127 million UAH of net profits, up 2.4 times YoY, or by 134.03 million UAH, having increased its…
ArcelorMittal Kriviy Rih plans to invest around $190 million into its development in 2016. “Our goal is $190 million. We shall see if we can do it this year”, said the company CEO Paramjit Kahlon. Last year AMKR invested 5.17 billion UAH into development. The money was spent on the construction of pulverized coal injection…
