Corum Group has completed a pilot project of modernization and repairs of the ball mill 5.5×6.5 for the Stoylenski Mining and Processing Works (Russia).
Zaporizhstal has faced difficulties with its project of the new converter shop construction due to its inability to access foreign financial markets.
Dneprovsky Iron and Steel Works named after F. Dzerzhinsky plans to have repaired its blast furnace #12 by December.
The state owes Metinvest Group some 2 billion UAH of VAT reimbursement.
Group DF has invested 19.5 million UAH into the construction of the titanium sponge averaging machine at the Zaporozhye Titanium and Magnesium Works. The machine allows automatically controlling the process of different fraction sponge mixing and increasing the chemical composition homogeneity of the products.
In 2015 Zaporizhstal plans to increase its net profit 2.2 times, to $150 million.
The Ministry of finances, the State Fiscal Service and the state enterprise Energorynok have settled the changes to the rules of VAT-taxing of coal and electricity supplies.
In 2015 Zaporizhstal plans to receive $300 million of EBITDA.
In January-September Evraz Sukhaya Balka produced 2.11 million tons of iron ore, down by 1.9% YoY.
Metinvest-SMC, a trading channel of Metinvest, has started selling the new 30MnB5 grade rolled metal, produced according to EN10083-3, for the manufacture of agricultural machinery details.
In January-September Krivoy Rog Iron Ore Industrial Complex produced 4.13 million tons of iron ore, down by 2.1 YoY.
Ukraine started restoring power transmission lines that connect Lugansk and Uglegorsk thermal power stations to the state energy system. The repairs could be over in 2 months.
Metinvest B. V. (the Netherlands) has increased its share in the Central Mining and Processing Works (CGOK, Dniepropetrovsk region) from 99.5707% to 99.7481%.