Ukraine: AMKR to shut down open-hearth manufacture

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”,…

Ukraine: Avdiivka Coke increases supervisory board

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…

Ukraine: EMSS supplies ingots to India

Energomashspetsstal has cast and forged the hemispheric ingot weighing 125 tons for the manufacture of the high-pressure steam-generator shell for Kudankulam nuclear power station in India. “Taking into account technical characteristics, this ingot is the only one on the ex-USSR territory. The shell is also the first product of such weight to be produced from…

Ukraine: Donetskkoks increases supervisory board

Shareholders of Donetskkoks 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 (all of them top managers at Metinvest Holding) and Maxim Novikov (Ingulets Mining and Processing Works legal department director) have been elected members of the board for…

Ukraine: Yenakievo Coke appoints new chairman

Shareholders of Yenakievo Coke Plant have dismissed Vitaly Litovka from the office of the supervisory chairman and appointed Vitaly Romansky instead.

According to the company statement, Romansky was the financial director of the plant. Shareholders have also reelected Alexander Mironenko, Oleg Gres, Ivan Avramov and Dayana Ivanyushenko members of the supervisory board. (Ukrainian metal)

Ukraine: Evraz Bagleykoks reelects CEO

Shareholders of Evraz Bagleykoks have reelected Sergey Burilin the company CEO. According to the company statement, he has been reelected for 1 year. The shareholders have also dismissed Palmrose B. V. (the Netherlands) and Dmitri Furmanov from the supervisory board and appointed Alexander Rybalko (representative of Palmrose B.V.), Lyudmila Garmash and Dmitry Skotarenko instead. (Ukrainian…

Ukraine: KVV Group co-owner arrested

A Kiev court has arrested the co-owner of a major scrap procurement and processing complex KVV Group Yevgeny Kazmin on the request from the State Security Service. Kazmin is suspected in financing activities connected with the changing of the country borders and the state border of Ukraine. Kazmin oversees construction of housing in the Russia-annexed…

Ukraine: NZF ends 2015 with losses

In 2015 the largest ferroalloys producer – Nikopol Ferroalloy Plant received 8.47 million UAH of losses.

According to the company statement, its net income increased by 31.65% YoY, or by 2.51 billion UAH, to 10.45 billion UAH. (Ukrainian metal)

Ukraine: scrap exports down in April 2016

In January-April Ukraine exported 94.02 thousand tons of ferrous scrap metal, down by 76.9% YoY.

According to the State Fiscal Service, export revenues reached $16.84 million, down by 83.3% YoY. At the same time, in April Ukraine exported 82.47 thousand tons of scrap, with only 11.54 thousand tons in Q1. (Ukrainian metal)

Ukraine: Russia steals 1.3 million tons of coal

In 2015 Russian companies illegally imported 1.3 million tons of anthracite from the occupied territories of Ukraine. This coal was then exported to Europe and Africa, according to the Russian Customs Service and Russian Railroads. Most of the companies don’t state the origin of such coal. Last year Russia exported some 800 thousand tons of…

Ukraine: Turkey interested in Lvivugol

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)

Ukraine: Volynugol director resigns

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)

Ukraine: HBI imports up in January-April 2016

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)