Ukraine: Ilyich to close its Kiev office

Mariupol Ilyich Iron and Steel Works (Donetsk region) decided to close its representative office in Kiev. The corresponding decision was taken on October 29 by the supervisory board due to the economic expediency.

Ukraine: AMKR trade union demanding to stop firing people

ArcelorMittal Kriviy Rih primary organization of the metal and mining trade union demands from the company CEO Paramjit Kahlon to stop decreasing the employee number.

Ukraine: Krasnolimanskaya CEO bail lowered

The Donetsk regional court of appeals has lowered the bail for the Krasnolimanskaya coal company CEO Konstantin Kiselev, detained for plunder. In particular he could be set free for 5 million UAH, instead of 20 million UAH.

Ukraine: Avdiivka Coke profits in January-September 2015

In January-September Avdiivka Coke and Chemical Works received 55.8 million UAH of net profit, while in the corresponding period of 2014 it received 686.8 million UAH of net losses.

Metals of Ukraine & Russia: pellets, September 2015

Ukraine: new head at Krasnolimanskaya

By the decree of the Ministry for energy and coal industry Alexander Dubovik has been appointed the acting CEO of the Krasnolimanskaya coal company.

Ukraine: AMKR manager not to chair Ukrpost

The Ministry of infrastructure has held a meeting of the competitive examination for the office of the general manager of the Ukrainian state postal service enterprise “Ukrpochta”.

Ukraine: ISD appoints a new executive director

The Industrial Union of Donbass corporation has appointed Maxim Zavgorodny, the Dneprovsky Iron and Steel Works named after Dzerzhinsky CEO, its new executive director.

Ukraine: Metinvest to buy spares for locomotives

Metinvest decided to buy spare parts for 7 locomotives belonging to Ukrzaliznytsya (Ukrainian Railways) to serve on the Kamysh-Zarya – Volnovakha line, where the company transports most of its products.

Ukraine: AMKR to invest $1.2 billion in development

In 2016-2020 ArcelorMittal Kriviy Rih plans to invest $1.2 billion in its development.

Ukraine: gas explosion at Krasnolimanskaya mine

A gas-air mixture exploded at Krasnolimanskaya mine when the militarized mine-rescue squad of the Ministry for energy and coal industry was working there. One person was killed and two injured.

Ukraine: AMKR confirms interest in Oktyabrsk port privatization

ArcelorMittal Kirviy Rih has confirmed its interest in using the quay of the special seaport Oktyabrsk in Nikolaev for loading of its products.

Ukraine: AMKR to buy gas from Naftogaz under favorable conditions

ArcelorMittal Kriviy Rih CEO Paramjit Kahlon said the company was willing to buy natural gas from Naftogaz if it offered more favorable terms.

Ukraine: railroad transport decree needs reworking

The Railroad Transport draft law needs to be returned to the Ministry of infrastructure, as it doesn’t take into account most of the remarks of the carriers, says the Metallurgprom president Alexander Kalenkov.

Ukraine: AMKR exports less than 1% of its products to Russia

ArcelorMittal Kriviy Rih sells less than 1% of its products on the Russian market.

Ukraine: the tax reform to completely drive scrap business into shadow

The tax reform stipulates the implementation of the income tax for the ferrous and non-ferrous metal scrap.

Ukraine: AMKR in the red for 11 months

ArcelorMittal Kriviy Rih has been working with losses for the past 11 months because of selling most of its metal products cheaper than the prime cost.