Gazprom has cancelled a tender to buy $194 million worth of large diameter pipes. The tender presupposed 7 lots to be supplied in Q4 2016 – Q1 2017. The pipes were intended for Gazprom Komplektatsia. The tender was to be held on October 19. In mid-August Gazprom held an auction on LDP purchase for the…
DetailsZaporizhstal has represented Ukraine at the European Parliament of Enterprises (Brussels). Representatives of major German, French, Italian, Polish and other companies also participated in the event. Zaporizhstal’s representative was the sales director Vladimir Kolomiets. “Ukrainian economy needs a strong business. And business in its turn needs a strong and consistent governmental policy. In any successful…
DetailsBeginning with October 19, ArcelorMittal Kriviy Rih had to start paying for damages caused by its pollution. According to the new Tax Code of Ukraine, AMKR has to pay the following to the state: 30% to the special state budget fund (21 million UAH) and 70% to the local budget (50.4 million UAH). The latter…
DetailsIn January-September ArcelorMittal Kriviy Rih produced 4.27 million tons of rolled metal, up by 10.8% YoY. According to the company statement, steel smelting went up by 8.8%, to 4.72 million tons, while pig iron production increased by 15.8%, to 4.52 million tons. The company also produced 7.77 million tons of sinter, 692 thousand tons of…
DetailsMMK-Metiz has added a new type of products to its portfolio. According to the company statement, it has started producing square stock with 7×7 and 8×8 mm sections of 10 and 20 steel grades in rods. Such rods are used in many industries. (Ukrainian metal)
DetailsThe Ukrainian Prime Minister Vladimir Groysman will head the meeting of the Cabinet of Ministers on mining-metallurgical complex on October 24. Metal companies have also agreed to have separate meetings with power and transport companies. (Ukrainian metal)
DetailsThe council of cooperation of Gulf countries (Bahrain, Qatar, Kuwait, UAE, Oman, Saudi Arabia) has started investigation on ferrosilicomanganese imports from Ukraine. Within 21 days of the date of the investigation start all the parties concerned have to register as participants, and within 10 days to address the council to receive the questionnaire. (Ukrainian metal)
DetailsIn January-September the Siberian Coal Energy Company mined 78.9 million tons of coal, up by 15% YoY. Sales went up by 5% YoY, to 74.1 million tons. Sales on the local market remained on the last year levels. Russian consumers received 36.1 million tons of coal, with 29.2 million tons going to power plants. Foreign…
DetailsThe department of the inner market protection of the Eurasian Economic Commission has started the second antidumping investigation in respect of some types of steel pipes, produced by Ukrainian metal companies. The investigation was initiated by Interpipe to review the individual sizes of antidumping duties due to new circumstances. The antidumping measures were imposed in…
DetailsIn January-September Korshunovsky Mining and Processing Works mined 6 million tons of ore, up by 3% YoY. According to the company statement, concentrate output went up by 3%, to 2.1 million tons. Almost all of the products (98%) were supplied to Chelyabinsk Iron and Steel Works. Revenues increased by 13% YoY, to 6.4 billion rubles,…
DetailsIn Q3 Evraz Sukhaya Balka decreased iron ore mining following the halt of its capacities. According to the company statement, in July-September lumpy ore mining dropped by 18.4% QoQ, to 639 thousand tons. In January-September the output decreased by 8% YoY, to 1.946 million tons. The company expects output volumes to increase in Q4. The…
DetailsIn January-September Mechel-Service sold 1.4 million tons of metal, up by 7% YoY. In Q3 the company was able to sell some 500 thousand tons of metal. Shaped sections sales went up by 25%, pipes – by 27%, metal wares – by 20%, sheet – by 13% and strips – by 55%. “We continue keeping…
DetailsArcelorMittal Temirtau plans to increase steel deliveries to Iran to 1.5 million tons. “The plan for 2016 is 1.145 million tons of hot- and cold-rolled coils, tin and sections. In 2017 we intend to increase deliveries to 1.56 million tons”, Vadim Besin, the company repairs director, noted. Iran is one of the main destinations for…
DetailsIn Q3 Evraz Dneprovsky Iron and Steel Works drastically decreased steel smelting. According to the company statement, this had to do with using slab stocks for production. Carbon steel production in July-September dropped by 9.4% QoQ, to 264 thousand tons, while that of pig iron increased by 4.1%, to 286 thousand tons. Semi-finished product manufacture…
DetailsGirish Sardana has been appointed the new deputy provision director of ArcelorMittal Kriviy Rih. According to the company statement, he will be responsible for all raw material supplies, contract work management, Capex & Opex Projects, supplier choosing and expenses decrease. Sardana worked for Kelvinator, Shriram Projects, SMS DEMAG, etc. In 2002-2015 he occupied top offices…
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