Severstal has started repairs of the Cherepovets Iron and Steel Works coking battery No. 4. The total cost of the investment project is 6 billion rubles. The battery has been working for almost 59 years without repairs, which is a world record. The battery was shut down on May 2. In 18 months it will…
DetailsOne of the two Evraz Sukhaya Balka mine employees in Krivoy Rog, who have stayed for more than a day underground, demanding the increase of wages, have come out of the shaft. The Yubileynaya miners came out to negotiate with the management, while the Frunze miners are still underground. The miners are still blocking railroad…
DetailsIn January-March Rusal increased its net profits by 48% YoY, to $187 million. According to the company statement, its corrected EBITDA went up by 52.2%, to $475 million, earnings increased by 20%, to $2.297 billion. Rusal aluminum output in Q1 decreased by 2.1% YoY, to 910 thousand tons. (Ukrainian metal)
DetailsThe Eurasian Economic Commission has imposed a preliminary 4-months antidumping duty of 37.89% on Ukrainian hot-rolled steel angles. The duty affects angles manufactured by Azovstal, Yenakievo Iron and Steel Works and other companies. According to the commission, the output of the industry decreased because of dumping by 14.4%, sales – by 11.8%, profit – by…
DetailsZaporizhstal has finished assembling the tray loading device at its blast furnace No. 3. According to the company statement, the 165-million UAH device was produced by Danieli Corus. It will decrease the coke usage to 15 kg per 1 ton of pig iron and increase the furnace efficiency by 5%. The BF3 was shut down…
DetailsOn May 10, extensive discussion was held by Chief Executive Officer PJSC ArcelorMittal Kriviy Rih Paramjit Kahlon and Management Committee with the head of Trade Union Yuriy Bobchenko on finding a solution in overall improvement of conditions at work places and discussion on the various matters related to new labor collective agreement and salary increase…
DetailsPJSC ArcelorMittal Kriviy Rih recognizes the right of the employees for public expression of their point of views. The top management of PJSC ArcelorMittal Kriviy Rih is taking all possible actions to provide the employees with the maximum support during the tough period of changes for metallurgical industry and for Ukraine. As a result of…
DetailsThe Yuzhnodonbasskaya mine No. 1 was cut off from electricity because of the debts. “On May 10, the mine being unable to clear its debts was cut off grid. This is another example of the authorities inability to provide for the normal operation of the coal industry”, the chairman of the Independent Miners Union Mikhail…
DetailsIn April Zaporozhogneupor produced 8222 tons of refractories, up by 25% YoY. In particular chamotte wares output increased by 14%, magnesia wares by 43%, and high-aluminous wares by 14%. In January-April Zaporozhogneupor exceeded its target by 1%, having increased refractory output to 32444 tons from 32182 tons in January-April 2016. (Ukrainian metal)
DetailsThe debt to the miners of the state enterprise Novovolynskaya mine No. 1 is 3616 thousand UAH (for February, March and April). According to the chairman of the Independent Miners Union of Ukraine Mikhail Volynets, the mine owes 150 thousand UAH for energy carriers and some 50 thousand UAH for water supplies. Earlier the Yuzhnodonbasskaya…
DetailsChelyabinsk Iron and Steel Works, a part of Mechel, demands the payment of 18.9 million rubles from Chelyabinsk Forge-and-Press Works, owned by the State Duma deputy Valeriy Gartung and his family, and has filed a claim to the arbitrary court. In February ChKPZ received two claims from ChMK for over 19 million rubles. (Ukrainian metal)
DetailsBecause of the sales growth and to improve servicing Staltrans decided to increase stock capacity and open a new warehouse in Podolsk, Moscow region. The new warehouse will service the company customers in the Central district, as well as other Western parts of Russia. Staltrans also sells metal wares directly from major works and from…
DetailsEmployees of ArcelorMittal Kriviy Rih went on strike. They demanded to speak with the CEO Paramjit Kahlon by Skype. But, according to administration, Kahlon was away in London. “Paramjit Kahlon suggested creating a working group by May 19 to settle the matter of the salary. Please, don’t politicize the situation”, the deputy CFO Igor Kublitsky…
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