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The government of Ukraine will ask the president to sign the decree on the extension of the scrap export duties of 30 euro per ton, the Prime Minister Vladimir Groysman said in London. “Under the military aggression Ukraine needs metal to provide for its own defense”, he said. In September 2016 the president Petr Poroshenko…
DetailsIn January-June Ukraine increased ferrous metals exports revenue by 21.9% YoY, to $4.081 billion. According to the State Fiscal Service, ferrous metals exports amounted to 19.77% of all export revenue as opposed to 20.13% in H1 2016. In June Ukraine exported $703.436 million worth of ferrous metals. Imports in 6 months increased by 37.7%, to…
DetailsAccording to the results of the “Best Kazakhstani Product-2017” competition ArcelorMIttal Temirtau was among the winners of the “Best industrial product”. The company cold-rolled metal was named one of the best products. The local contents in the cold-rolled metal exceed 90%, while exports reach 90%. AMT intends to start producing channels and improve its position…
DetailsIn January-March trade turnover with Russia increased by 34%, to $3.384 billion. Exports increased by 26%, to $1.67 billion, and imports – by 43%, to $1.714 billion. Ferrous and non-ferrous metals exports amounted to $283 million, up by 80%. (Ukrainian metal)
DetailsIn 2018 the Kazakhmys Corporation LLC intends to put the Karashoshak mine into operation. “It was an open-pit copper mine, but now all the mining will be done underground. The ore lies deep, so it’s easier and more efficient to mine it that way”, the company said. The construction of the mine started in 2016.…
DetailsThe Central Mining and Processing Works has implemented an energy saving model, which would decrease the product prime cost. According to the company CEO Dmitry Shevchik, it now uses frequency regulation systems. They allow decreasing electricity usage and increasing the lifecycle of the equipment. At present the company operates 12 electric devices to control pumps,…
DetailsThe miners of the DTEK Pavlogradskoye Mine Group have yielded 2 million tons of coal ahead of plan. In 2016 the enterprise put 6 new long faces into operation and invested 471 million UAH, which allowed it to reach such results. This year the company intends to put 3 more long faces into operation and…
DetailsBaikalrud LLC intends to construct a Yugo-Zapadniy mine at the Noion-Tologoyskoye polymetallic ore deposits. “Its projected capacity will be 850 thousand tons of ore per year. Earlier we were allowed to start constructing the Yugo-Vostochniy mine with the capacity of 350 thousand tons. It is being constructed. In 2019 we intend to put both of…
DetailsThe Department of the home market protection of the Eurasian Economic Commission has published a report on antidumping investigation as to hot-rolled steel angles originating from Ukraine. The department says that in 2013-2015 the decrease in consumption of the products was 16.7%, the decrease of imports – 41.3%, of manufacture – 16.8%, sales – 16%,…
DetailsIn June the Pipe Works named after Makarov “Profil-Akras” produced 16830 tons of pipes and sold 16200 tons. In July the company intends to produce and sell 20 thousand tons of pipes. In January-June the works produced 63 thousand tons of pipes and sold 65 thousand tons. (Ukrainian metal)
DetailsThe United Mining and Chemical Company has paid 321.848 million UAH of dividends for 2016 to the state budget. This is the largest payment of the type to the state budget in all the company history. This payment has been possible thanks to the increase of profit. If in 2015 UMCC received 630 million UAH…
DetailsNornickel presented its Sulphur Project, the company’s largest environmental initiative that would help address the issue of sulphur dioxide emissions. The event was attended by Sergei Ivanov, Special Presidential Representative for Environmental Protection, Ecology and Transport, Sergei Donskoy, Minister of Natural Resources and Environment, Alexander Neradko, Head of the Federal Air Transport Agency, Elena Bezdenezhnykh,…
DetailsThe minority shareholder of the Industrial Union of Donbass Corporation Sergey Taruta has denied the fact of holding negotiations with Metinvest as to the sale of Dneprovsky Iron and Steel Combine. “As far as I know, this is not true. There are talks with Metinvest as to the debt settlement. But this is not about…
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