In 2019, ArcelorMittal Kriviy Rih expenses on environment amounted to 562.9 million UAH. Environmental measures enable the company to comply with environmental standards established with the legislation and gradually reduce environmental footprint. Every year, the company allocates funds for implementation of major investment projects, including repair of fixed assets intended for environment protection purposes. For…
The Ministry of Economy of Mexico will conduct another investigation of the imports of carbon and alloyed hot-rolled metal from Ukraine and Russia. Antidumping duties were imposed in late March 2000. They were then prolonged in 2006, 2011 and 2016. At present they amount to 46.66% for Ukrainian companies and to 30.31% for Russian. The…
Metinvest has suspended operation at two of its Italian plants due to the COVID-19 pandemic and the demands of the government. In particular, Ferriera Valsider and Metinvest Trametal will be shut down until April 3. In case the suspension of operation continues, Metinvest is expecting a decrease of output at its Ukrainian assets as well,…
Contact rails manufactured by Izhstal have been used in the construction of the second site of the Nekrasovskaya line of the Moscow subway. The company mastered the manufacture of such rails in 2018. Last year, Izhstal supplied almost 6 thousand tons of rails for the construction of the Moscow subway, and since the start of…
In 2019 Amur Miners’ Team received 237.195 billion rubles of revenue, down by 49.2% YoY. Last year platinum output decreased by 8.1%, to 206.4 kg. Sales losses totaled 122.526 million rubles, down by 44.9%. Despite sales losses the company received 13.482 billion rubles of net profit. (Ukrainian metal)
Polymetal has made a strategic alliance and concluded an agreement to buy gold-containing concentrate from Blackham Resources (BLK), Australia. The company will buy 70% of concentrate produced at the first stage of the Wiluna deposit development during the first three years, or 122.5 thousand tons of concentrate with the gold content of not less than…
The Belarusian steel mill BMZ exported 2.2 million tons of metal products worth $1.16 billion in 2019, the company’s press service reported. BMZ products were shipped to 65 countries. The top destinations were countries of the European Union, Russia and Africa. In January-February the top five importers of BMZ metal products were Russia, Germany, Poland,…
Metinvest-Shipping, the main expeditor of Metinvest, has retained the first place in the “Expeditor of the Year” nomination of the 13th National Sea Rating. The company has been reaching the first place for the past 5 years. Metinvest-Shipping has become the absolute leader in non-container cargo transportation. Last year, the company shipped 32.86 million tons…