Ukraine: scrap exports up in January-October 2017

In January-October Ukraine exported 385.76 thousand tons of scrap, up by 60.6% YoY, valued at $92.08 million, up 2.2-fold. According to the State Fiscal Service, in October scrap exports totaled 64.656 thousand tons, in September – 64.336 thousand tons, in August – 68.729 thousand tons, in July – 57.073 thousand tons, in June – 29.106…

Ukraine: ferrous metals exports revenue up in January-October 2017

In January-October Ukraine exported $6.92 billion worth of ferrous metals, up by 15.4% YoY. According to the State Fiscal Service, ferrous metals accounted for 19.66% of the total exports against 20.58% in 10 months of 2016. In October Ukraine earned $744.43 million from the exports of ferrous metals, up from $690.22 million in September. At…

Ukraine: EMSS produces hammer frame for LASCO

Energomashspetsstal has completed another order to produce a hammer frame for LASCO Umformtechnic GmbH.

According to the company statement, the billet weighing 61 tons was shipped to the customer in October.

The casting is a part of the press-forging equipment.

So far this is the 15ths hammer frame produced by EMSS for LASCO. (Ukrainian metal)

Ukraine: AMKR completes switching to grading salary

ArcelorMittal Kriviy Rih is finishing switching to grading salary.

In April the work to develop and implement the multi-level wage system began.

On May 1, salary increased by 35-70%. (Ukrainian metal)

Ukraine: Volynugol property to be sold

The court allowed selling the property of the state enterprise Volynugol because of its debts, as it had not been paying land tax. According to the head of the State Fiscal Service department in Volyn region Svetlana Savchuk, despite the 4.5 billion UAH payments to the budgets of all levels in January-October, there is a…

Russia: Uchaly GOK using energy resources monitoring system

Uchaly Mining and Processing Works is finishing the modernization of the electricity consumption automated monitoring system. This is the first stage to implement the automated system of energy resources usage monitoring. Over 300 new devices to control and monitor electricity consumption have been assembled in the shops. The company intends to decrease electricity consumption by…

Ukraine: wire exports to US to stop

USA have imposed preliminary antidumping duties on the import of steel wire from Ukraine, as well as Italy, South Korea, South Africa, Spain, Turkey and UK. Preliminary duty is set from 2.8% to 142.26%. Final size of the duty will be announced on January 8, 2018. At the same time, the final decision on Turkey…

Ukraine: 1.36 million tons of steel produced in converters in October 2017

The main way of producing steel in October was oxygen-converter method, accounting for 71.7% (1.36 million tons out of 1.896 million tons). Then comes open-hearth furnace with 22.12% (419 thousand tons), followed by electric arc furnace (6.18%, 117 thousand tons). In January-October oxygen-converter shops produced 12.3 million tons of steel out of 17.7 million tons…

Ukraine: Dneprometiz sold without Antimonopoly consent

The new owner of Dneprometiz has not applied to the Antimonopoly Committee of Ukraine for the right to buy the controlling packet of shares.

“In case such an appeal is received, we will review it and make a corresponding decision according to the current legislation”, the committee said. (Ukrainian metal)