In November Beloretsk Iron and Steel Works increased sales by 8% MoM, to 32 thousand tons. Metal wares for car and machine-building, as well as for construction industry were in especial demand. Bearing wire sales grew almost 7-fold. Sales of alloyed welding wire increased by 49% and cold-deformed rebars – by 44%. Ordinary quality wire…
Search for employees, who went missing as a result of a waste rock movement in Lysii area, continues at Kumtor mine, the Ministry of Emergency Situations has reported. According to the ministry, 94 rescuers and 38 units of heavy machinery are involved in the search. The ministry said that the excavation of the descended waste…
A draft law on additional financing of the coal industry in 2019 has been registered in the Ukrainian parliament, according to the Trade Union of Coal Industry Workers of Ukraine. It is noted that considering the situation in the coal industry with the payment of salaries to employees of state mines, the arrears of which…
This year the Ministry of Energy expects to retain the previous year coal output volumes. In particular, until the end of the year it is planned to mine 440 million tons of coal, exporting some 210 million tons. At the same time in November the energy minister Alexander Novak claimed some 445 million tons of…
Severstal and Italian Valvitalia have concluded a distribution contract to supply Valvitalia products and solutions for power industry. Valvitalia products have all the necessary international certificates (API and ISO). Tube fittings have already been supplied for Yamal LNG, Sakhalin-2 and South Stream construction. For over 10 years Severstal has been supplying Russian power companies with…
Norilsk Nickel and Atomflot have concluded a long-term agreement on the icebreaker fleet services. The agreement has been concluded until 2027 with a possible prolongation until 2029. The document, which is an addendum to the current agreement signed in 2014, provides for the services of making and maintaining channels in the ice fringe of the…
Interpipe has developed and shipped the first batch of ULT SP mounted axle for Spanish market. The new structure is a part of the Ultimate product line and is intended for cargo railroad cars. In October Interpipe successfully completed all tests and certifications at European centers. The wheel pair is designed specifically for Iberian railroad,…
In November among metal and mining companies ArcelorMittal Kriviy Rih received the most of VAT refunds. According to the State Treasury Service, AMKR received 1.358 billion UAH, Mariupol Ilyich Iron and Steel Works – 639.373 million UAH and Azovstal – 598.023 million UAH. VAT reimbursement in November amounted to 11.329 billion UAH. (Ukrainian metal)
