Ukraine: Yenakievo profits in Q1 2015
In January-March Yenakievo Iron and Steel Works, a part of the Metinvest group, received 341.9 million UAH of profit.
In January-March Yenakievo Iron and Steel Works, a part of the Metinvest group, received 341.9 million UAH of profit.
In March Ukraine (not counting the temporarily occupied territories of Crimea and Sevastopol) mined 2 million tons of coal, down by 61.1% YoY.
ABB, the leading power and automation technology group, will deliver a low-speed, dual pinion ring-geared mill drive system (RMD) for the Poltava Mining and Processing Works (PGOK) in Komsomolsk. This delivery will help to increase capacity of the mine’s processing plant. With its maintenance-friendly design the RMD solution minimizes mechanical wear on ring-geared mills and…
In 2014 Donetsk Iron and Steel Works received 1.95 million UAH of profit.
ArcelorMittal Kriviy Rih plans to produce 6.5 million tons of steel in 2015.
In January-March Avdiivka Coke and Chemical Works, a part of the Metinvest group, received 329.09 million UAH of net losses, down by 11.4% YoY.
In March Dneprospetsstal electrometallurgical works named after Kuzmin produced 24099 tons of steel, up by 40% MoM.
Centravis Production Ukraine, the largest exporter of seamless stainless steel pipes in the country, has received an order from Australia. The company hopes for a long-term cooperation with that country.