In 2020 Balakovo Iron and Steel Works intends to start producing A800/1000 rebars with the diameter of 10 to 14 mm, rounds (8 to 10 mm), squares (10 to 50 mm), channel Nos. 5-10, as well as steel strips. The company expects that the customers will be able to order these goods in Q1 2020…
In January-November Krivoy Rog Iron Ore Industrial Complex decreased iron ore output by 5.8% YoY, to 4 million tons. In November the output totaled 380 thousand tons. Last year KZhRK produced 4.6 million tons of iron ore, down by 9.7% YoY. (Ukrainian metal)
In November ArcelorMittal Kriviy Rih decreased rolled metal output by 18% MoM, to 390 thousand tons. Steel manufacture dropped by 28.5%, to 350 thousand tons, and pig iron – by 20%, to 375 thousand tons. In 11 months AMKR produced 4.2 million tons of rolled metal, 4.94 million tons of steel and 4.9 million tons…
Interpipe has finished a project to create a system to manage products at warehouses using digital technologies at its Interpipe Niko Tube. The warehouse management system has been developed to reduce time of loading products and shipping them to customers. The project started in June, and investments totaled $178 thousand. As a result, the truck…
Electricity has been switched off at the state enterprise Lvivugol mines because of the payment debts. All the 6 mines were left without electricity. On Monday morning electricity supplies were resumed. The debt for electricity amounts to 22 million UAH. But the mines are unable to pay, as they are themselves not paid for the…
Russia’s gold output rose by 19.5% YoY, to 232.16 tons in January-August, the Finance Ministry said citing the data on supplies to the refining plants. Mined gold output rose by 10.1%, to 178.71 tons, and by-product gold output increased by 23.3%, to 12.7 tons, while gold scrap production jumped by 88.2%, to 40.75 tons. Russia’s…
Panyutino Railroad Car Repairing Works, a subsidiary of the Ukrainian Railways (Ukrzaliznytsia), has concluded 8 agreements with Interpipe Ukraine LLC on the purchase of wheels valued at 28.78 million UAH. Until mid-2020 the company has to supply 800 solid wheels with ultra sound control and diameter of 957 mm made by Interpipe NTZ not earlier…
In January-November the Fund of the Social Insurance paid 4.52 billion UAH to miners, who suffered as a result of accidents, and their families. The payments grew by 10% YoY. Monthly insurance payments reached 4.4 billion UAH. They are paid to 88.6 thousand miners and their families. An average amount of an insurance payment is…