Russia: Mikhail Arkhipov appointed NLMK Group VP of HR and Management System

NLMK Group, an international steelmaking company, has appointed Mikhail Arkhipov Vice President for Human Resources and Management System effective as of January 10. Arkhipov will coordinate HR management practices across all production sites of NLMK Group; ensure service support to business and further development of human capital management systems. The new VP will also promote…

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Ukraine: EMSS to produce 25 rolls for Zaporizhstal

In 2018 Energomashspetsstal will produce and supply 25 rolls for cold- and hot-rolling mills to Zaporizhstal.

According to the company statement, the total weight of the rolls will be 461 tons.

The corresponding contract was concluded in November 2017.

Delivery will be carried out by installments, according to the terms. (Ukrainian metal)

Russia: rolled metal demand down

In 2017 rolled steel sheet was the most sought after type of rolled metal.

At present Russian market is witnessing a slight seasonal decrease in demand, which allows buying materials cheaper. Customers also leave their orders online more often, which simplifies the purchasing process.

Steel sheet is used in machine-building, construction, agriculture, etc. (Ukrainian metal)

Latvia: KVV Liepājas metalurgs’ potential investor given two weeks to consider purchase

The potential investor of the insolvent KVV Liepājas metalurgs is given two weeks to consider purchasing the company, says Latvian Economy Minister Arvils Ašeradens. He admits that talks with the potential investor are not over; the investor wants to secure the most beneficial conditions in business negotiations. Latvian government is also highly interested in getting…

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Ukraine: metal makers retain annual output volumes

In December 2017 Ukraine produced 1.87 million tons of pig iron, 1.88 million tons of steel and 1.7 million tons of rolled metal, all up by 3%, 0.4% and 7% MoM respectively. “Output increase in December 2017 was mostly thanks to Mariupol Iron and Steel Works and Zaporizhstal”, Ukrmetallurgprom reported. In January-December 2017 Ukraine produced…

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