Ukraine: SPF sets task to stabilize financial situation at ZALK
Zaporozhye Aluminum Works is to stabilize the financial and economic situation at the enterprise in 2016 and keep away from wage arrears.
Zaporozhye Aluminum Works is to stabilize the financial and economic situation at the enterprise in 2016 and keep away from wage arrears.
Magnitogorsk Iron and Steel Works announced that a meeting of the MMK Board of Directors was held on April 22.
In March Ukraine produced 1891 thousand tons of rolled metal, up by 10.3% MoM, or by 176 thousand tons.
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* min max February 365 549 March 341 490 * – 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 Russian Federation. (Ukrainian Metal)
Total closing of state mines is out of question, says the new minister of energy and coal industry of Ukraine Igor Nasalik.
In January-March Severniy Mining and Processing Works received 228.9 million UAH of profits, while in the corresponding period of last year it received 875.55 million UAH of losses.
The supervisory board of Poltava Mining and Processing Works has reelected the management board.
ArcelorMittal Kriviy Rih has finished capital repairs of the heating furnace of the 250-3 mill in the section-rolling shop #1.