It is reported that the Ukrainian steelmaker Zaporizhstal has finished the construction and installation works at its new pulverized coal injection plant and plans to start hot testing in September.The installment of PCI technology at the mill will allow Zaporizhstal to combine substantial economic and environmental benefits to switch completely from the use of expensive…
The Ukrainian mining and steel producing company Metinvest Holding has announced in its annual report that in 2009, despite testing conditions in the market, it delivered a net profit of $334 million, down from $2.803 billion in 2008.In 2009, Metinvest generated consolidated revenues of $6.026 billion, down by 54.5% YoY mainly as a result of…
According to the data released by the metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the first seven months of 2010 Ukrainian imports of rolled steel products increased by 92.3% YoY amounting to 737,530 tons. In July this year Ukraine’s imports of rolled steel products saw a 37.2% MoM and a 49.6% YoY…
Steel pipe and railway wheel producer Interpipe has successfully passed the qualification tests for its UPJ at the Oil State Industries Ltd UKAS Accredited Test Laboratory in Scotland.Oil State Industries is the accredited center of UKAS which is the only existing body of accreditation in the UK and is recognized by the British Government.Tubing pipes…
According to the data issued by the metal trading enterprise Ukrainian Mining and Metallurgical Company, in January to July this year Ukraine consumed about 3.52 million tons of rolled steel products, up by 34% YoY. In July, Ukraine’s consumption of rolled steel products increased by 12.6% MoM compared to June and rose by 24.1% YoY.…
Metinvest BV (Netherlands) has obtained a formal approval of the Antimonopoly Committee of Ukraine for acquisition of newly issued shares of the Ilyich Steel, PSC and Mariupol Ilyich Iron and Steel Works, PJSC thereby gaining more than 50% voting rights in managerial bodies of aforementioned companies. This is another important step Metinvest BV has taken towards…
It is reported that in January to July Ukrainian mining companies increased manganese raw materials production 2.43 times compared to the same period of last year to 1.047 million tons.During seven months of the year Marganetsky GOK increased manganese concentrate production 3.45 times, to 416,100 tons. Orjonikidzevsky GOK increased production of manganese concentrate by 53.6%…
Ukraine Ministry of Industrial Policy expects increases in the country average daily output of main steel products in September.According to the forecast of the Ukrainian association of metal producers Metallurgprom, in September this year Ukraine’s average daily pig iron production will increase to 75,500 tons from 64,800 tons in July, the average daily crude steel…