The shareholders of Interpipe Novomoskovsk Pipe Works have approved the operational report for 2021. The decision was taken at the annual meeting on December 28, 2022. The revision commission has been revised, with Hanna Kushnir reelected and Yuliya Vedmidyova and Helena Fedorchenko elected. In 2021, Interpipe NMTZ increased net profit 2.2-fold YoY, to 175.722 million…
In 2022, Almalyk Mining and Processing Works exported $947.5 million worth of products, exceeding the forecast by 10.8%. In particular, copper exports totaled 75.208 thousand tons, up by 1.9%, and zinc – 58.737 thousand tons, up by 15.9%. Export geography has widened. Thus, the company has entered new markets – Spain, Austria, Germany, Finland, Canada,…
Metinvest and the Renat Akhmetov Foundation have provided Pokrovsk community with powerful diesel power plants to support faultless operation of boiler houses when there is no electricity. “The powerful diesel generators are capable of providing constant electricity manufacture. They have proven their efficiency in Zaporizhzhya hospitals, where 2 such generators fully support the operation of…
According to the World Gold Council, the world’s central banks increased their gold reserves by 50 tons in November 2022. The largest buyer of the month was the People’s Bank of China, which bought 32 tons of gold, followed by the Central Bank of Turkey with 19 tons. Kazakhstan and Uzbekistan became the main sellers…
Metinvest has reelected the sane members of supervisory boards of some of its enterprises. Thus, on January 4, Zaporozhkoks extraordinary shareholders meeting reelected Metinvest CEO Yuri Ryzhenkov, CFO Yulia Dankova and legal director Svetlana Romanova as supervisory board members for 3 more years. The same will remain members of Zaporozhogneupor, Avdiivka Coke and Chemical Works…
In 2022, Zaporizhstal decreased rolled metal manufacture by 60.4% YoY, to 1.3 million tons. Steel output dropped by 61.7%, to 1.49 million tons, and pig iron – by 54.3%, to 2.009 million tons. In December 2022, the company produced 142.1 thousand tons of pig iron, 70.8 thousand tons of steel and 56.7 thousand tons of…
In January-November 2022, ArcelorMittal Kriviy Rih decreased metallurgical coke output by 66.7% YoY, to 880 thousand tons. In November 2022, the company produced 44 thousand tons of metallurgical coke. Bulk 6% moisture coke manufacture in 11 months of 2022 exceeded 1 million tons, including 51 thousand tons in November 2022. AMKR received 1.3 million tons…
Kametstal is repairing a compressor in the compressor-oxygen shop. The main task of the repair is to improve stability, safety and efficiency of the machine, which provides compressed nitrogen for steel and blast furnace manufacture. There are three compressors in the shop, and the machine No. 6 is now being repaired. The capacity of the…