Russia: Metalloinvest elects new board of directors

MetalloinvestLeave a comment

Metalloinvest has elected a new board of directors. In particular, the board now features Ivan Streshensky (chairman), Andrey Varichev, executive director, Vakhtang Kocharov, executive director, Pavel Mitrofanov, non-executive director, Gleb Kostikov, non-executive director, Irina Lupicheva, non-executive director, Valeriy Kazikayev, independent non-executive director, Galina Aglyamova, independent non-executive director, and Dmitry Tarasov, independent director. Vakhtang Kocharov has…

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Russia: MMK output down in Q1 2019

MMKLeave a comment

In January-March, MMK decreased steel output by 1.3% YoY and by 0.2% QoQ, to 3.107 million tons. Pig iron manufacture decreased by 0.3% YoY and by 6.3% QoQ, to 2.396 million tons. Sales dropped to 2.782 million tons, by 5.2% QoQ and by 1.6% YoY. High added value products sales in Q1 remained almost on…

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Ukraine: AMKR provides 10 million UAH for reconstruction of the parkway along Metalurgiv Avenue

ArcelorMittal Kriviy Rih ore mining and metallurgical worksLeave a comment

Several days ago, contractual organizations started the reconstruction process of the parkway along Metalurgiv Avenue, from the intersection of Sobornosti Str. and Metalurgiv Avenue to the intersection of the avenue and Vadima Hurova Str. Yurii Vilkul, Kriviy Rih Mayor, representatives of the contractual organizations, and Yuliia Chermazovich, Head of the Charitable Foundation of ArcelorMittal Kriviy…

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Russia: EC investigating ferrosilicon supplies

antidumpingLeave a comment

The European Commission has started another investigation of ferrosilicon imports from China and Russia. The previous antidumping duties, imposed in April 2014, have expired. The initiative to start a new investigation came from Euroalliages. The association believes that the cancellation of duties will result in new dumping deliveries and damages to the European companies. Duties…

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