Ukraine: Zaporizhstal saves on river transports

Zaporizhstal successfully delivers metal to its clients through the Zaporozhye river port, decreasing transportation time and logistics expenses. According to the sales director Vladimir Kolomiets, the works saves $2-4 per ton when shipping by river as compared with railroad delivery. The company also decreases its transportation expenses, by bringing metal to the port by automobiles,…

Ukraine: ferrous scrap export-import in April 2016

In April Ukraine exported $14.37 million worth of ferrous metals scrap, with imports on the level of $0.24 million.

According to the State Fiscal Service, the main importer of Ukrainian scrap in April was Turkey ($14.23 million).

In January-April scarp exports totaled $16.84 million, while imports were on the level of $1.78 million. (Ukrainian metal)

Ukraine: Kremenchuk Steel Works appoints chairman

Supervisory board of Kremenchuk Steel Works has appointed Victor Samusenko chairman of the board.

According to the company statement, Rostislav Dubrov, Andrei Klimenko and Stanislav Tyzha were reelected members of the board.

Tyzha was appointed acting chairman on January 13. The next day chairman of the board Dmitry Chernenko was dismissed. (Ukrainian metal)

Ukraine: Mariupol Ilyich expecting Balczun to increase Ukrzaliznytsia effectiveness

Metinvest expects that the general manager of Ukrzaliznytsia Wojciech Balczun will work on the improvement of the company effectiveness. “We hope that all the tariff payments that Ukrzaliznytsia receives from metal companies, will be spent on fuel, spare parts and new locomotives, so that the company increases its effectiveness. The tariffs have been increased several…

Ukraine: AMKR to shut down open-hearth manufacture

ArcelorMittal Kriviy Rih intends to shut down its open-hearth manufacture when it completes its project of gas-purifying machine assembly at the converter shop. “The operation of the open-hearth furnace was closely connected with the gas-purifying machine project in the converter shop. The sooner we finish the project, the sooner we will close the open-hearth manufacture”,…

Ukraine: Avdiivka Coke increases supervisory board

Shareholders of Avdiivka Coke and Chemical Works have decided to increase the supervisory board from 1 to 5 members. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all of them top-managers at Metinvest Holding and representatives of Metinvest B. V.) and Alexei Kolchanov (corporate secretary at Metinvest Holding) have been…

Ukraine: EMSS supplies ingots to India

Energomashspetsstal has cast and forged the hemispheric ingot weighing 125 tons for the manufacture of the high-pressure steam-generator shell for Kudankulam nuclear power station in India. “Taking into account technical characteristics, this ingot is the only one on the ex-USSR territory. The shell is also the first product of such weight to be produced from…

Ukraine: Donetskkoks increases supervisory board

Shareholders of Donetskkoks have decided to increase the supervisory board from 1 member to 5. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all of them top managers at Metinvest Holding) and Maxim Novikov (Ingulets Mining and Processing Works legal department director) have been elected members of the board for…

Ukraine: Yenakievo Coke appoints new chairman

Shareholders of Yenakievo Coke Plant have dismissed Vitaly Litovka from the office of the supervisory chairman and appointed Vitaly Romansky instead.

According to the company statement, Romansky was the financial director of the plant. Shareholders have also reelected Alexander Mironenko, Oleg Gres, Ivan Avramov and Dayana Ivanyushenko members of the supervisory board. (Ukrainian metal)

Ukraine: Evraz Bagleykoks reelects CEO

Shareholders of Evraz Bagleykoks have reelected Sergey Burilin the company CEO. According to the company statement, he has been reelected for 1 year. The shareholders have also dismissed Palmrose B. V. (the Netherlands) and Dmitri Furmanov from the supervisory board and appointed Alexander Rybalko (representative of Palmrose B.V.), Lyudmila Garmash and Dmitry Skotarenko instead. (Ukrainian…

Ukraine: KVV Group co-owner arrested

A Kiev court has arrested the co-owner of a major scrap procurement and processing complex KVV Group Yevgeny Kazmin on the request from the State Security Service. Kazmin is suspected in financing activities connected with the changing of the country borders and the state border of Ukraine. Kazmin oversees construction of housing in the Russia-annexed…

Ukraine: NZF ends 2015 with losses

In 2015 the largest ferroalloys producer – Nikopol Ferroalloy Plant received 8.47 million UAH of losses.

According to the company statement, its net income increased by 31.65% YoY, or by 2.51 billion UAH, to 10.45 billion UAH. (Ukrainian metal)

Ukraine: scrap exports down in April 2016

In January-April Ukraine exported 94.02 thousand tons of ferrous scrap metal, down by 76.9% YoY.

According to the State Fiscal Service, export revenues reached $16.84 million, down by 83.3% YoY. At the same time, in April Ukraine exported 82.47 thousand tons of scrap, with only 11.54 thousand tons in Q1. (Ukrainian metal)