Ukraine: Interpipe Steel output up in January-October 2016

In January-October Interpipe-Steel produced 522 thousand tons of steel, up by 6.3% YoY.

According to a company representative, in October steel smelting totaled 58 thousand tons, down from 64 thousand tons in September.

On October 28, the works halted its operation for 10 days to carry out scheduled repairs. (Ukrainian metal)

Ukraine: AMKR to go on with environment program

On November 3, ArcelorMittal Kriviy Rih witnessed an environment strike. 15 city public organizations went on a strike against AMKR polluting the environment. In response the company said that all its ecological projects for the past 10 years were aimed at the step-by-step replacement of the outdated machinery with more environment-friendly equipment and implementation of…

Ukraine: CommService chairman owning Zaporizhstal shares

Chairman of the State Service of Special Communication and Information Protection Leonid Yevdochenko has declared owning Zaporizhstal shares, 13.5 thousand euro and $12.5 thousand.

In particular, he has a flat in Kiev and a land plot in Kiev region as well as 903 shares of Zaporizhstal. (Ukrainian metal)

Russia: Nornickel to issue green Eurobonds

Russian metals giant Norilsk Nickel may issue green Eurobonds to fund a $1.74 billion sulfur dioxide capture project for Nadezhda Metallurgical Plant, Artyom Pozdnyakov, head of the department for organization of financing, reported. Norilsk Nickel will work out plans for the project’s financing next year. “We will look at what instruments will be there. The…

Russia: steel structures output up in January-September 2016

In January-September Russia produced 2.6 million tons of prefabricated steel construction structures, up by 1.4% YoY.

According to the Federal Service of State Statistics, in September steel structures output went up by 3.7% YoY and by 2.2% MoM. (Ukrainian metal)

Ukraine: Evraz DMZ installs dust control system in BF3

Evraz Dneprovsky Iron and Steel Works has finished tests and put the dust control system at its blast furnace No. 3 into operation.

According to the company statement, the system has already allowed to decrease emissions by 70%.

Investments in the project totaled 2.3 million UAH. (Ukrainian metal)

Russia: Izhstal repairs steel-smelting furnace

Izhstal (a part of Mechel) has finished capital repairs of its electric arc furnace used to smelt complex-alloyed, stainless and high-speed steels. “This furnace makes high-marginal products, so we pay special attention to its state. We have plans to increase its efficiency, and we will implement them in future”, Izhstal executive director Sergey Kozennov said.…

Russia: Bauxite Timana output up in January-September 2016

In January-September Bauxite Timana (a part of Rusal) mined 2.39 million tons of bauxites, up by 4.9% YoY.

In Q3 the company mined 911 thousand tons, up by 13.6% QoQ. (Ukrainian metal)

Russia: Rusal net profits down in January-September 2016

In January-September Rusal received $534 million of net profits, down by 35.3% YoY.

Rusal’s revenues dropped by 12.7% YoY, to $5.95 billion.

EBITDA went down by 37% YoY, to $1.07 billion.

Sales increased by 4.9% YoY, to 2.89 million tons. (Ukrainian metal)

Ukraine: VostGOK to keep output levels

In 2016-2017 Vostochny Mining and Processing Works intends to keep the last year levels of uranium concentrate output – 1 thousand tons. “We don’t have decreases in output, nor, unfortunately, increases. We’re keeping it flat and the expected volumes this year are around 1 thousand tons”, the company CEO Alexander Sorokin said. An increase in…

Ukraine: KhZTO supplies large crane to AMKR

Kharkiv Works of Materials-Handling Equipment has supplied a claw crane to ArcelorMittal Kriviy Rih warehouse. According to the company, the crane lifting capacity is 16 tons. “Such a crane is a very expensive machinery, but it is necessary to ensure timely delivery of metal”, AMKR reconstruction and development department deputy director Sergey Nevroda said. (Ukrainian…