Ukraine: ISD appoints a new executive director

The Industrial Union of Donbass corporation has appointed Maxim Zavgorodny, the Dneprovsky Iron and Steel Works named after Dzerzhinsky CEO, its new executive director.

Ukraine: Metinvest to buy spares for locomotives

Metinvest decided to buy spare parts for 7 locomotives belonging to Ukrzaliznytsya (Ukrainian Railways) to serve on the Kamysh-Zarya – Volnovakha line, where the company transports most of its products.

Ukraine: AMKR to invest $1.2 billion in development

In 2016-2020 ArcelorMittal Kriviy Rih plans to invest $1.2 billion in its development.

Ukraine: gas explosion at Krasnolimanskaya mine

A gas-air mixture exploded at Krasnolimanskaya mine when the militarized mine-rescue squad of the Ministry for energy and coal industry was working there. One person was killed and two injured.

Ukraine: AMKR confirms interest in Oktyabrsk port privatization

ArcelorMittal Kirviy Rih has confirmed its interest in using the quay of the special seaport Oktyabrsk in Nikolaev for loading of its products.

Ukraine: AMKR to buy gas from Naftogaz under favorable conditions

ArcelorMittal Kriviy Rih CEO Paramjit Kahlon said the company was willing to buy natural gas from Naftogaz if it offered more favorable terms.

Ukraine: railroad transport decree needs reworking

The Railroad Transport draft law needs to be returned to the Ministry of infrastructure, as it doesn’t take into account most of the remarks of the carriers, says the Metallurgprom president Alexander Kalenkov.

Ukraine: AMKR exports less than 1% of its products to Russia

ArcelorMittal Kriviy Rih sells less than 1% of its products on the Russian market.

Ukraine: the tax reform to completely drive scrap business into shadow

The tax reform stipulates the implementation of the income tax for the ferrous and non-ferrous metal scrap.

Ukraine: AMKR in the red for 11 months

ArcelorMittal Kriviy Rih has been working with losses for the past 11 months because of selling most of its metal products cheaper than the prime cost.

Ukraine: losses for DTEK Pavlogradugol in January-September 2015

In January-September DTEK Pavlogradugol received 14.28 million UAH of net losses (310.33 million UAH of net profit in the same period 2014).

Ukraine: Zaporozhkoks hosted coke conference

On October 27-28, Zaporozhkoks hosted the Metinvest by-product coke chemists’ conference.

Ukraine: over 300 million UAH stolen at Krasnolimanskaya

The Ministry for energy and coal industry has information about abuse of power at the Krasnolimanskaya coal company, in particular of the theft of over 300 million UAH.

Ukraine: Krasnolimanskaya reports another kidnapping

In Donetsk region a Krasnolimanskaya mine director deputy Denis Mikhailov has been detained. According to the driver, the State Security Service has taken Mikhailov to Kramatorsk.

Ukraine: Azovstal income up in January-September 2015

In January-September Azovstal Iron and Steel Works received 619.29 million UAH of losses (318.43 million UAH of profits in the corresponding period of 2014).

Ukraine: Yenakievo sees losses in Q1-3 2015

In January-September Yenakievo Iron and Steel Works received 578.5 million UAH of net losses as opposed to 1.24 billion UAH of losses in the three quarters of 2014.

Ukraine: Ilyich gets 0.6 billion of losses in January-September 2015

In January-September Mariupol Ilyich Iron and Steel Works received 0.58 billion UAH of net losses (1.07 billion UAH of profits in the first three quarters of 2014).

Ukraine: SCM creates a site on Donbass companies

System Capital Management has created an informational resource entitled “SKM Group assets in Donbass. The current situation”, where it gives the detailed information about damages to and the current working conditions of its companies in the region.

Ukraine: metal companies losses down in January-August 2015

In January-August the metal sector of Ukraine presumably decreased its losses by 11%, or by 1.8 billion UAH YoY, to 14.6 billion UAH, said Metallurgprom.

Ukraine: Dobropolye Factory processes 3 million tons of coal

Dobropolye Central Processing Factory has processed 3 million tons of coal since the year start. The factory supplies coal to 5 of Ukraine’s 7 thermal energy stations, working on this type of fuel.

Ukraine: DTEK to get Lviv mines

Representatives of DTEK Dobropolyeugol, one of the largest coalminers of Ukraine, have recently visited the state-owned Lvivugol.