The board of directors of Severstal is recommending a dividend of 8.25 roubles per share for the first three months of the financial year ended on March 31. Approval of the dividend is expected at the company’s AGM, which will take place on June 24. If the dividend payment is approved at the AGM, the…
Shareholders of Interpipe Novomoskovsk Pipe Works have changed 3 out of 7 supervisory board members. According to the company statement, shareholders have reelected Oleg Rosenberg, Denis Morozov, Maxim Paliy and Inna Lyubimenko as the supervisory board members. They have also dismissed Anna Vorotintseva, Andrei Likhomanov and Interpipe Limited, appointing Julia Sova, Ruslan Zvonenko and Oleg…
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports min max min max min max February 294 634 247 271 275 275 March 296 634 266 318 350 360 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16…
Shareholders of Energomashspetststal have dismissed Evgeny Pakermanov from the office of a supervisory board member and appointed Sergey Filatov instead. According to the company statement, Filatov worked as the deputy CEO and economy director at Atomenergomash (Russia). He owns no EMSS shares. Shareholders also reelected Andrei Nikipelov, Sergey Kuleshov, Vladimir Razin, Julia Chizhova, Sergey Udovenko,…
Nikolaev Alumina Works has received unique equipment for continuous removal of large particles from slurry that comes from bauxite mills. “This equipment will let us divide blow-off slurry into production slurry and sand, thus increasing the effectiveness of our manufacturing process. We would also be able to process high-quality Hawaiian and Brazilian bauxites, as well…
The head of Donetsk regional military-civilian administration Pavel Zhebrivsky has visited the state mine 1/3 Novogrodovskaya, where a new breakage face has been put into operation.
The project cost 17 million UAH. The administration plans to mine 2 thousand tons of coal per day. The reserves will last till December. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports min max min max min max February 249 333 225 271 290 305 March 267 376 262 271 350 400 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16…
In the first quarter of 2016 Zaporizhstal has paid 1.2 billion UAH to budgets of all levels, up by 45% YoY. The company is one of the largest taxpayers in Zaporozhye region and Ukraine. Zaporizhstal has paid 197 million UAH to the city budget, up by 80% YoY. In 2015 the company paid 2.5 billion…
The Commercial Court of Kiev has ordered the Alchevsk Iron and Steel Works and Dneprovsky Iron and Steel Works named after Dzerzhinsky to pay Metinvest Holding 6.97 billion UAH of debts for iron ore concentrate. In particular, DMKD has to pay 5.78 billion UAH (5.19 million of debt, 437.39 million of fines and 155.4 million…
Shareholders of Ilyich-Stal have recalled Metinvest B.V. (the Netherlands) from the supervisory board and appointed 5 people instead. In particular, Metinvest Holding CEO Yuri Ryzhenkov, Metinvest Holding Metal Division director Alexander Pogozhev, deputy financial director Julia Dankova, legal provision director Svetlana Romanova as well as the head of the legal department of Mariupol Ilyich Iron…
In January-March Donetsk region (without the antiterrorist operation zone) industrial output went up by 10% YoY, with March indexes up by 5.5% MoM and 10.1% YoY. Metal output increased by 11.2%, that of mining – by 19.9% and of coke – 1.6 times. Ordinary coal mining increased by 22.3% YoY, to 3.8 million tons. Pig…
On the occasion of the International Health Day Centravis presented modern equipment to Nikopol medical institutions. High-quality devices, which are necessary for the diagnosis and treatment, were granted to the maternity and Nikopol Municipal Hospital No.4. “While continuing an implementation of comprehensive social strategy aimed at improving the quality of life in the region our…
Zaporozhye Aluminum Works is to stabilize the financial and economic situation at the enterprise in 2016 and keep away from wage arrears.
Magnitogorsk Iron and Steel Works announced that a meeting of the MMK Board of Directors was held on April 22.
In March Ukraine produced 1891 thousand tons of rolled metal, up by 10.3% MoM, or by 176 thousand tons.
Russian market, $/t, EXW, without VAT, $1/RUR67.6076*
* – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Total closing of state mines is out of question, says the new minister of energy and coal industry of Ukraine Igor Nasalik.
ArcelorMittal Kriviy Rih has finished capital repairs of the heating furnace of the 250-3 mill in the section-rolling shop #1.
In March Ukraine produced 2174 thousand tons of steel, up by 10.3% MoM, or by 203 thousand tons.
Zaporizhstal has started assembling gas-purifying equipment on its sintering machine #5.
Shareholders of Velikoanadolskiy Refractory Works have changed 2 members of the supervisory board.