Ukraine: Vorskla Steel construction postponed

According to the people’s deputy Konstantin Zhevago, controlling Ferrexpo, the construction of the electrometallurgical plant Vorskla Steel near the town of Kremenchug has been postponed for 10 years. The reason is the economical inexpediency of the construction. “The government claimed the gas would be cheap. But now it’s expensive. There is no sense for us…

Russia: KUZOTsM output up in January-November 2018

In January-November Kamensk-Uralsky Non-ferrous Metals Processing Works produced 22 thousand tons of wares, up by 3% YoY. Non-ferrous metals output was 18.8 thousand tons, up by 11%. The increase in output is the result of the exhibition activity development. This year the company has participated in 5 major international exhibitions. (Ukrainian metal)