The Ukrainian mining and steel producing company Metinvest Holding has announced that in September this year it delivered to the Ukrainian domestic market as well as to CIS countries about 140,000 tons of shaped sections, long and flat-rolled steel products, up by 18.5% YoY. Accordingly, during the period in question Metinvest’s deliveries to the Ukrainian…
Fitch Ratings has assigned Ukraine based PJSC Azovstal Iron and Steel Works Long term foreign and local currency Issuer Default Ratings of ‘B’ and Short term foreign and local currency IDR of ‘B’. The Outlook on the Long term foreign currency IDR is Negative whilst that on the Long term local currency IDR is Stable.…
It is reported that the Canada Border Services Agency has made its preliminary determination of the dumping investigation, pursuant to the Special Import Measures Act with respect to certain carbon steel plate and high strength low alloy steel plate originating in or exported from Ukraine.According to the preliminary determination, provisional duties are payable on the…
Metinvest SevGOK has commissioned a hydraulic excavator. This is the first hydraulic excavator at Severniy GOK for its history. The excavator has been procured within the framework of the strategic program aimed at improving performance efficiency of Metinvest mining enterprises. Price of the excavator is USD 5.75 million. According to the enterprise specialists, HITACHI 3600hydraulic…
Yenakievo Iron and Steel Works part of Metinvest Group signed the Joint Project Implementation Agreement with ING Bank NV. The Agreement stipulates service delivery in the field of the Kyoto Protocol mechanisms aiming at energy saving technologies implementation, reduction of environmental impact of the enterprise down to a technically feasible minimum and improvement of the…
It is reported that the increase of steel production in Ukraine during few last months has led to coke deficit. The Ukrainian Coke Association estimates the deficit at 1.4 million tones till the end of the year. The coke coal extraction decreased by 8.6%YoY to 15.19mn tones. It will take half a year for the…
Azovstal Steel Plant operating under umbrella of Metinvest Group held an ecological tree planting campaign in the Generation Park of Ordzhonikidze District in Mariupol. The campaign was held as a part of the events dedicated to the plant’s 76th anniversary. Among the participants were representatives of the city management, employees of the plant representatives of…
Khartsyzsk Pipe Plant, which is under Metinvest Group umbrella, produced 61,370 tonnes of big diameter pipes in August. In August the plant continued producing the pipes of the following diameter 1. 1,0675.9 mm 0 with external and internal anticorrosion coating 2. 1,2202.5 mm 6 with external anticorrosion coating. 3. 21,4205.7 mm and 1,4206.8 mm, 10G2FB…