Ukraine should export metal not scrap

Metal products exports are more profitable than scrap exports. “According to our calculations, a country receives more from 1 ton of scrap turned into metal and exported than from the sale of 1 ton of scrap”, said Ukrmetallurgprom president Alexander Kalenkov. Mining-metallurgical complex is one of the main revenue-gatherers for Ukraine. “Scrap market is very…

Ukraine: metal makers short of scrap

Ukrainian metal companies underreceived 420 thousand tons of scrap. “Scrap procurement worsened in 2016. Even if there is no scrap export this year, we will still be short of it”, Alexander Kalenkov, Ukrmetallurgprom president, reported. Earlier the company predicted the liquid steel output in 2016 on the level of 28-29 million tons. “But only if…

Russia: NLMK Group opens sales office in Peru

NLMK Group, an international steel producer with operations in Russia, the EU and the USA, has opened a new sales office in Lima, Peru. The new sales office and warehouse will not only bolster NLMK Group’s position in the prospective Peruvian market but also provide convenient supply routes to the entire South American Pacific coast.…

Ukraine: Lugansk region miners paid 25 million UAH of salary debt

Lisichanskugol and Pervomayskugol miners have been paid 25 million UAH of salary debts.

According to the regional administration press-service, money was transferred after the regional head Yuri Garbuz had talks with the state enterprise Derzhvuglepostach. Lisichanskugol received 10 million UAH, while Pervomayskugol was paid 15 million UAH for the coal mined. (Ukrainian metal)