The third arbitrary court has refused to satisfy the claim of Chek-Su.Vk Company, which has asked to recover 23.5 billion rubles from the authorities of Krasnoyarsk region. The suit was filed in 2017 in order to recover funds spent on the unfinished project to construct Yeniseiskiy Ferroalloys Works on the territory of Krastyazhmash works. The…
In Karaganda region Prime Minister of the Republic of Kazakhstan Askar Mamin participated in the grand opening of a ferroalloy plant and visited several mining and processing enterprises. The head of government congratulated those present on the launch of a new ferroalloy plant, underscoring the importance of a high-tech enterprise for further socio-economic development of…
The Ukrainian Association of Ferroalloy Producers (UkrFA) believes that the new Ukrzaliznytsia transportation tariffs could result in the shut down of some of the plants. In particular, the tariff for Nikopol Ferroalloy Plant will increase by 8.4 million UAH per month (with VAT), or by more than 100 million UAH per year. The increase of…
Tikhvin Ferroalloys Works, a part of Yildirim Group, has transferred the exclusive rights to sell high-carbon ferrochromium in Russia to Klyuchevsky Ferroalloys Works, a part of MidUral Group. The high-grade ferrochromium is sold not only in Russia, but is also exported to Europe, USA, Japan and China. The new contract is an important step in…
Rostov region police have found a large-scale fraud connected with metal market. An ex-director of a closed company dealing in metal and metal ore wholesale has concluded a fictitious contract with a foreign company to supply ferroalloys raw materials. But instead of the expensive raw materials metal waste was shipped. After that the ex-director filed…
In January-April Russia exported 238.5 thousand tons of ferroalloys, down by 20.5% YoY, valued at $413 million, up by 14% YoY. The main importers, according to the customs statistics, were the Netherlands (75.2 thousand tons, down by 22.5%), followed by Japan (44.8 thousand tons, down by 4.7%) and South Korea (27.7 thousand tons, up by…
MidUral Group presented its 2016 results. Klyuchevsky Ferroalloys Works sold 16.3 thousand tons of ferroalloys and ligatures, including 7.9 thousand tons of metallic chromium, up by 17%, 5.7 thousand tons of ferrochromium, down by 11%, and 1.757 tons of other ferroalloys and ligatures, up by 28%. The company also shipped 35.1 thousand tons of slag…
Bakytzhan Sagintayev has visited Aktobe Ferroalloy Plant as a part of his working trip. Kazakh Prime Minister took a look at fabrication activity and further plans of the enterprise. He also inspected the operating furnaces of the plant and visited dispatch department. It should be noted that, Aktobe Ferroalloy Plant performs a complete cycle of…
