In January, Russia exported 36.4 thousand tons of ferrosilicon, up by 35% MoM and flat YoY. Price dropped from $1105 to $977 per ton. Deliveries to Korea grew from 1.3 thousand tons to 9.1 thousand tons, and to Japan – from 7.9 thousand tons to 12 thousand tons. At the same time sales to the…
ArcelorMittal Kriviy Rih, the largest mining and steel company of Ukraine, reports on its results in 2019. Net income from the sales of products was UAH 62.4 billion (compared with UAH 68 billion in 2018). Net loss is UAH 2.3 billion (compared with UAH 9.5 billion of net profit in 2018). The results of 2019…
The Antimonopoly Committee has fined Group Profitrade LLC and UKOR Engineering Center LLC for 136 thousand UAH for violations of the trade regulations. The state enterprise Lvivugol announced a tender to purchase electric engines valued at 1.7 million UAH. The committee found out that the companies prepared documents on the same printer and uploaded them…
Avdiivka Coke and Chemical Works has asked the minister of infrastructure Vladislav Krikliy, the minister of health Ilya Emts and the acting chairman of Ukrzaliznytsia Zelco Marchek to launch daily trains to Pokrovsk. As AKHZ is the enterprise with continuous manufacturing process, the coke-oven batteries cannot be shut down. Railroad is the only means of…
In 2019, Dneprometiz received 25.24 million UAH of net profit, while in 2018 it had a net loss of 7.5 million UAH. Undistributed profit totaled 37.09 million UAH. Accounts receivable dropped by 5.4%, to 152.54 million UAH, with fixed liabilities down by 2%, to 22.01 million UAH, and current liabilities – by 26.1%, to 277.45…
In January-February, Ukrainian by-product coke plants decreased 6% moisture metallurgical coke manufacture by 5.9% YoY, to 1.601 million tons. In February, 774 thousand tons of coke were produced. In particular, Avdiivka Coke and Chemical Plant decreased output by 172%, to 491 thousand tons (235 thousand tons in February), Azovstal – by 1.3%, to 225 thousand…
Cherepovets Iron and Steel Works has modernized the capacities of the converter No. 2 in the converter steel shop. Machinery was supplied by Danieli Corus V.B., the Netherlands. New machinery will allow improving the converter efficiency, decreasing ferroalloys usage and the smelting time by 30 seconds. Until the end of the year the company intends…
Average volumes of purchases by Severstal exceed $6 billion a year. 50% account for machinery and services, and 50% – for scrap, raw materials and energy resources. Overall the group purchases are divided into over 100 categories (ferroalloys, refractories, machinery, etc.). As Severstal investment program is growing, so are the purchasing quantities. (Ukrainian metal)
