On May 29 Zagorsky Pipe Works produced the first pipe for Gazprom. The first batch of pipes with 1020 and 1420 mm diameter and outer three-layer insulation will be supplied to the customer in June. The agreement on the delivery was reached in April. Under the contract ZTZ will produce over 121 thousand tons of…Details
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Isaevskiy Machine-Building Plant intends to invest 450 million rubles into development. According to the authorities of Rostov region, the company has already purchased the electric-welded pipe mill. It will be put into operation in 2018-2019. The mill will expand the product range and increase the output by 80%. The company planned to put the new…Details
Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, has exported 9 million tons of coal this year (as of May 29). According to the company, the terminal’s throughput surged by 41% YoY. The milestone ton was loaded onto Post-Panamax lainpalais,…Details
In Kerch on the territory of Kerch Iron and Steel Works 200 employees held a meeting demanding their salary debts to be cleared and the operation of the company resumed. The event was attended by the Russian State Duma deputy Konstantin Bakharev, who was then taken away by the ambulance, as well as the “city…Details
DTEK intends to import up to 100 thousand tons of coal from its mines in Russia each month. “In the first place the coal will be supplied to Lugansk Thermal Power Plant, but also to Kriviy Rih TPP”, the company CEO Maxim Timchenko said. At the same time DTEK does not plan to import coal…Details
From June 12 tо 16, the corporate Learning Week will be held at ArcelorMittal University Campus in Ukraine. By tradition, it will consist of the great number of master classes, business games, training sessions and other developmental activities. This year the focus will be made on such aspects as personal growth, interaction with people, state-of-the-art…Details
Militants of the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, are looking for sales markets for Komsomolskoye Mine Group on the territory of Russia. The terrorists are trying to reorient the once major flux supplier to Russian enterprises. The company employs some 1 thousand people as opposed to around 4…Details
The Ministry of economic development and trade has announced another competition for the office of the Powder Metallurgy Works (Kiev region) director. According to the ministry, applications are accepted through June 23, the competition will start on July 11, and the results will be available on August 4. On February 1, 2016 the ministry declared…Details
Production of thermal and coking coal in Ukraine declined by 3.2% YoY in January-April, to 13.069 million tons, according to the Ukrainian Energy and Coal Industry Ministry’s press service. State-owned mines alone produced 1.673 million tons of coal or 12.8% of the total output over the period under review, while coal production at the state…Details
Ferrexpo mining company with assets in Ukraine after a one-year break has decided to pay dividends to shareholders at a rate of 3.3 cents per share. According to a company report on the website of the London Stock Exchange, 99.73% of the shareholders voted for the decision to pay dividends at an annual shareholders’ meeting…Details
After the two weeks of unpaid vocations, in mid-May the Mine named after Zasyadko in the occupied Donetsk resumed operation. Still the main problem – coal sales – has not been solved. The coal is stored at the warehouses. Their capacity is 140 thousand tons, and they already stock 120 thousand tons. The mine yields…Details
Azovstal Iron and Steel Works, a part of Metinvest, will pay dividends to its shareholders from the profits received in 2016 as well as part of the 2014 profits from May 25 through October 27. According to the shareholders decision, taken at the meeting on April 28, the company will pay 0.35 UAH per ordinary…Details
In April Ukraine produced 5.9 million tons of iron ore raw materials, down by 5.1% MoM, or by 323.8 thousand tons. In January-April output dropped by 1.5 million tons YoY, to 23.4 million tons. In April delivery to Ukrainian metal works totaled 2.5 million tons, down by 100 thousand tons MoM. Local prices increased by…Details