ArcelorMittal Kriviy Rih intends to rent berths at the Olvia port in Nikolaev to transship its products. “We want to rent some berths at the port, but the process has been suspended”, AMKR CEO Paramjit Kahlon said. Ukraine has 18 seaports, with the most situated in Odessa region, including Odessa seaport and seaport Yuzny. (Ukrainian…
DetailsArcelorMittal Kriviy Rih CEO Paramjit Kahlon has noted the positive impact of the decree on scrap export duty increase on the company. “We don’t import scrap. But the government decision to impose a 30 euro per ton duty really helps us”, he said. “The scrap supplies have remained on the same level. At any rate…
DetailsIn January 2017 Ukraine will produce 2 million tons of steel, according to Ukrmetallurgprom forecast. Pig iron output will also reach 2 million tons, while that of rolled metal – 1.8 million tons. In January-November Ukraine produced 22.2 million tons of steel, 21.6 million tons of pig iron and 19.6 million tons of rolled metal,…
DetailsIn November the copper sulfate shop of Uralelectromed, a part of UMCC, produced 3.5 thousand tons of copper sulfate, up by 30% from the average monthly results. The increase is believed to stem from the constant modernization of machinery. In 2015 the company worked out a program to increase productivity and output volumes. (Ukrainian metal)
DetailsIn 2017 Chelaybinsk Pipe Works will decrease pipe supplies to its main clients – Gazprom, Transneft, Rosneft and Lukoil. The volumes will start growing again in 2018. According to ChTPZ estimates Gazprom might receive 205 thousand tons in 2017, down by 25% YoY, 345 thousand tons in 2018, 532 thousand tons in 2019 and 418…
DetailsEvraz NTMK has shipped rails for the construction of subway in the Georgia capital of Tbilisi. Over 350 tons of rails have already been shipped. R50 rails with the length of 25 meters will be used in the construction of a new station called “University”. Tbilisi subway was founded in 1966 and consists of 22…
DetailsAlchevsk Iron and Steel Works, situated on the terrorists-controlled territory, has put its blast furnace No. 1 into operation. The blast furnace has been in reserve after an overhaul since June 1, 2014. The daily output at the furnace ranges from 65% to 75% of its capacity. The increase is hindered by the shortage of…
DetailsMetinvest started supplying galvanized rolled metal to Poland. “We used to supply these products to CIS and to the local market, but we have started to reorient on European customers”, Metinvest-SMC CEO Dmitry Lippa said. Galvanized rolled metal is supplied to EU from Mariupol Ilyich Iron and Steel Works. (Ukrainian metal)
DetailsPridneprovsk Railways, a part of Ukrzaliznytsia, considers the words of ArcelorMittal Kriviy Rih on the shortage of railroad cars an attempt to discredit and pressure the state transporting company. “We call unto the company management not to manipulate the corruption theme, but to seek for constructive and mutually beneficial ways to solve the problem”, the…
DetailsIn 2017 Metinvest expects the steel consumption to slow down to 7% after a 26% jump in 2016. Next year the market will total 4.415 million tons against 4.122 million tons in 2016 and 3.269 million tons in 2015. Bars consumption will grow by 4% YoY, to 1.562 million tons, of shapes – by 17%,…
DetailsIn January-November Ukrainian metal companies consumed 1.55 billion cubic meters of gas, down by 16% YoY. Average daily gas consumption totaled 4.6 million cubic meters against 5.5 million in January-November 2015. At the same time in November gas consumption increased by 10 million cubic meters MoM, to 155 million cubic meters. Average daily consumption totaled…
DetailsIngulets Mining and Processing Works has paid 2.07 million UAH to the state budget for not keeping state assets. According to the State Property Fund, the local department checked the state property not taken from InGOK during privatization and kept by it. For not keeping 7 objects of the state property InGOK was fined for…
DetailsInterpipe has won a tender for the delivery of tyres to Ukrzaliznytsia (Ukrainian Railways). The auction was held on December 8, with two companies participating. “The expected price of tyres was over 44.5 million UAH, but thanks to the auction we were able to decrease it to 42 million. Another important aspect is that the…
DetailsArcelorMittal Kriviy Rih has estimated its losses in January-June from the cooperation with Ukrzaliznytsia (Ukrainian Railways) on the level of 217 million UAH. “In 6 months we have lost 217 million UAH because of Ukrzaliznytsia. And Ukraine has lost 45 million UAH of taxes. Ukrzaliznytsia operation is damaging business”, the company CEO Paramjit Kahlon said.…
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