Ukraine: Frumkin reelected DMKD chairman

The Supervisory board of the Dneprovsky Iron and Steel Works named after Dzerzhinsky has reelected Leonid Frumkin as its chairman.

Ukraine: DSS output down in August 2015

In August Dneprospetsstal produced 18.53 thousand tons of steel, down by 23% MoM. It also produced 13.81 thousand tons of rolled metal, down by 2.2% MoM.

Ukraine: Ferrexpo in talks over loan amendments

Ukrainian iron ore producer Ferrexpo is expected to conclude talks with banks over a 12-month maturity extension on its pre-export finance loans in October, a banker said.

Ukraine: half of Metinvest shareholders create special committee

Holders of over 50% of Metinvest shares with maturity in 2016-2018 have created a special committee.

Ukraine: DTEK Pridneprovskaya TPS received its first anthracite batch

On September 24-25, DTEK Pridneprovskaya Thermal Power Station received its first 300 railroad cars of anthracite – 20 thousand tons. The company tries to do its best to start the heating season in Dniepropetrovsk in time.

Ukraine: AMKR to raise wages

Starting with October 1, ArcelorMittal Kriviy Rih increases wages and tariffs for its employees by 8%.

Ukraine: scrap exports to be stopped altogether

Ukraine’s Prime-Minister Arseny Yatsenyuk has ordered the minister for economic development and trade Aivaras Abromavichus to deal with the metal scrap deficiency.

Ukraine: UMCC to supply ilmenite concentrate to ZTMK

The State Enterprise United Mining and Chemical Company, operating Volnogorsk Mining and Metallurgical Complex (VGMK) and Irshansk Mining and Processing Works (IGOK), has won a tender to supply ilmenite concentrate to Zaporozhye Titanium and Magnesium Works (ZTMK).

Ukraine: VostGOK to increase uranium concentrate output in 2015

Vostochny Mining and Processing Works (VostGOK) plans to produce 1.2 thousand tons of uranium concentrate in 2015, up by 29.6% YoY.

Ukraine: Volnogorsk GOK pipes purchase cancelled

The Center for corruption resistance has stopped the tender for Volnogorsk Mining and Processing Works purchase of pipes.

Ukraine: a lawsuit gave out news about AMKR deal

In December 2014 the supervisory board of ArcelorMittal Kriviy Rih sanctioned two volume-identical contracts with ArcelorMittal International Luxembourg SA. Each presupposed the sale of 1.2 million tons of metal products worth 600 million UAH. Thus the total cost of the deal reached 1.2 billion UAH.

Ukraine: Azovstal starts producing KR120 rails

Azovstal Iron and Steel Works has started making a new product: gantry rails KR120.

Ukraine: terrorists cutting Donbass companies for scrap

Taking advantage of the ceasefire in the East of Ukraine, the Russia-supported terrorists plunder Ukrainian companies, said general-major Boris Kremnitsky, the head of Ukrainian part of the Control and ceasefire center.

Ukraine: Donetsk metal exports down 2.7 times in January-July 2015

In January-July Donetsk region (without the antiterrorist operation zone) exports fell 2.7 times YoY.

Ukraine: metal companies demand VAT reimbursement

The mining-metallurgical complex, responsible for some 30% of the currency income of Ukraine, could become profitless.

Ukraine: Metinvest not interested in Mariupol port

Metinvest Group of Companies is not interested in buying the Mariupol sea trading port, in case the state decides to sell it.