The National Tariff Commission has started an antidumping investigation on the imports of cold-rolled coils from Russia and Canada at the request of International Steels Limited (ISL) and Aisha Steel Mills Limited (ASML), who claim they have suffered from the imports. The investigation term is set from January 1 to December 31, 2018, and the…
In 2019 Ukraine is expected to produce 22.641 million tons of steel, up by 7% YoY. According to the Ministry of economical development and trade, rolled metal output will grow by 2%, to 18.8 million tons, and pig iron – by 4%, to 21.43 million tons. At the same time, scrap deliveries to metal companies…
In January-March, Metinvest decreased revenue by 5% YoY, to $2.863 billion. EBITDA dropped by 33%, to $435 million. Capital investments fell by 8%, to $198 million. At the same time, the Group total debt decreased by 2%, to $2.682 billion, with net debt unchanged at $2.464 billion. (Ukrainian metal)
At public hearings, ArcelorMittal Kriviy Rih has presented an Environmental Impact Assessment Report for the project of the Wire Rod Mill-1 Reconstruction, which includes replacement of two laying heads and two pinch-rolls. Design solutions were accepted in line with the basic engineering from the technology and main equipment supplier – Danieli company. This mill produces…
The 11th Contest of Rolling Mill Specialists in memory of Ion Rotaru, the honored steelmaker of Ukraine, was held at ArcelorMittal Kriviy Rih. This year the teams of steelmaking companies of Kriviy Rih, Kamianske, Zaporizhzhia and Temirtau (Kazakhstan) participated in the contest. Sergey Kozachuk, Director of Rolling Department, ArcelorMittal Kriviy Rih: “Many companies are expanding…
In January-April, Azerbaijan produced 1,075 kg of gold, up by 14% YoY, the State Statistical Committee reported. Silver production increased by 15.4%, to 1,007 kg. Copper mining grew by 27.8%, with 654.7 tons of copper ore and concentrates produced during the first 4 months of the current year. As of May 1, finished copper ore…
Over the week, the price of one ounce of gold increased by 12.5715 manats or by 0.6% in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2,170.1775 manats. The price of one ounce of silver grew by 0.2286 manats or by 0.9%, to 24.5927 manats. The price of one ounce of…
The Eurasian Economic Committee has prolonged the antidumping duties on steel forged rolls from Ukraine. The duty has been prolonged till February 25, 2020. At present the size of the duty is 26%. (Ukrainian metal)
