Chairman of the Board of Kyrgyzaltyn Almaz Alimbekov said how the company was saved from bankruptcy. – There is lot of criticism of Kyrgyzaltyn. How difficult is the situation in the company? – There are only two deposits in the structure of Kyrgyzaltyn OJSC now – Makmal and Solton-Sary. Reserves of both are depleted. We…
The state enterprise Lvivugol has concluded an agreement with Corum Trading LLC on the purchase of mining machinery valued at 107.4 million UAH. According to the agreement, the state enterprise will buy a CLS450 heading machine for 45 million UAH and an armored conveyer for 62.5 million UAH. The machinery will be operating at the…
In February ArcelorMittal Kriviy Rih received the most of VAT returns – 1.342 billion UAH, up almost 2-fold MoM (723.6 million UAH). According to the State Treasury Service, Mariupol Ilyich Iron and Steel Works and Azovstal were among the top-3 VAT receivers with 1.108 billion UAH and 987.8 million UAH respectively (1.013 billion and 1.032…
Karelsky Okatysh has put into operation a new train consisting of 12 dump cars. Unlike the previous model, the new dump cars can transport 10 tons more. Thus each car can now transport 115 tons of ore. The power of the locomotive allows moving the rolling stock loaded with over 2 thousand tons of ore.…
According to Rusal, in 2018 Russian aluminum consumption increased to 1 million tons. The company intends to help the Russian market develop. The government has developed a program to increase processing capacities. According to the program, aluminum consumption on the domestic market will grow to 2.8 million tons by 2023. (Ukrainian metal)
In 2018 Evraz NTMK mastered the manufacture of 14 new rolled metal sections. In particular, the wheel-tyre shop started producing 7 new types of railroad wheels. The bar shop mastered the manufacture of a tube billet with the diameter of 156 mm. The rail and beam shop began producing new rails for subway. The beam…
On March 4, Metinvest-Resource LLC purchased 7.3 thousand tons of scrap valued at 47.2 million UAH at the trades in the ProZorro system. Metinvest-Resource is the sole supplier of scrap to Metinvest enterprises. The initial price of the lot 13B increased from 46.788 million UAH to 47.256 million UAH. Thus, 1 ton of scrap costs…
In January-February Ukraine decreased rolled metal output by 0.4% YoY, to 3.093 million tons. Steel manufacture dropped by 0.6%, to 3.53 million tons, and pig iron – by 7%, to 3.358 million tons. In February Ukraine produced 1.57 million tons of pig iron, 1.68 million tons of steel and 1.49 million tons of rolled metal,…