Mariupol Ilyich Iron and Steel Works started manufacturing new products for the delivery to USA. “The US market is very attractive for our products. We are actively increasing the range of customers there, as well as new products. A good result for March is the cold-rolled structure steel according to ASTM A 1008/A 1008M”, the…Details
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Vorkutaugol, a part of Severstal, has put into operation two new long faces at the Vorkutinskaya and Komsomolskaya mines. The Vorkutinskaya long face reserves are estimated at 468 thousands tons of coal. The mining will be carried out until November. The Komsomolskaya face has 856 thousand tons of coal, enough till March 2018. (Ukrainian metal)Details
Armenian scientists are working on the new technique to produce magnesium. According to Vagan Lalayan, the head of the Ministry of economical development and investments department of investment policy, their partner is the Ecoatom company. “The company wants to construct a works to produce 1 thousand tons of magnesium per year. There are many ways…Details
Dneprovsky Iron and Steel Works has started blowing-in its blast furnace No. 9. “The situation at the enterprise is improving. In the near future we will start receiving coke, and we will resume operation”, the acting CEO of the company Alexander Podkorytov said. On March 30, DMK had to shut down its blast furnace because…Details
On April 5, the Norilsk Nickel Board of Directors set the date for the AGM on June 9, and the record date for the AGM participation has been set on May 16. The list of candidates nominated to the Board of Directors includes: Gareth Penny, Non-executive Chairman of the Board, Pangolin Diamonds Corp. and Edcon…Details
In January-March Zagorsky Pipe Works increased its customer portfolio. For the first time the PNP pipes were sent for the Yamal LNG and AcrticGas projects. The company also delivered all the necessary pipes to Lukoil West Siberia one month earlier. “In April we intend to produce 13-14 thousand tons of pipes and we are sure…Details
In 2016 Vostochniy Mining and Processing Works increased net profits 37.2-fold YoY, or by 480.617 million UAH, to 493.891 million UAH. According to the company statement, its net income dropped by 5.8%, or by 164.107 million UAH, to 2680.433 million UAH, while gross profit almost doubled, to 728.611 million UAH. As of December 31, 2016…Details
In 2016 Ceramet processed and sold almost 1 million tons of scrap, with over 200 thousand tons delivered locally. European customers purchased 800 thousand tons of scrap, with Keramet Polska Sp. z o.o. supplying 60% of this volume and Keramet Hungary Kft – 40%. Last year the company invested 16.8 million UAH in the development…Details
Energomashspetsstal has shipped the press table weighing 18.5 tons to Germany. The customer is Gerlach GmbH, the daughter company of ThyssenKrupp AG, specializing in the manufacture of metal mills. The contract was concluded in 2014. And the companies have been cooperating since then. (Ukrainian metal)Details
2016 was the growth period for Kraft Group, as the sales increased by 65.5% YoY. The average monthly sales volume reached 18 thousand tons. Kraft Group is active in supplying metal to socially important projects, including the new terminal in the Domodedovo airport, Zaryadye park in Moscow, Lakhta-Center and the West Speed Diameter in St.…Details
According to the Canada Border Services Agency, the investigation on the import of steel rebars from Belarus, Taiwan, Hong Kong, Japan, Portugal and Spain has been completed. The duties have been established at 2.4-108.5%. The final decision will be taken by the Canadian International Trade Tribunal on May 3. (Ukrainian metal)Details
Zaporozhkoks has finished the first stage of the coking batteries No. 5 and 6 reconstruction, having repaired 11 coking boxes of the battery No. 6. According to the company statement, the first stage of the program cost 9.1 million UAH. “The overhaul of the coking batteries extends their life time by 15 years. It will…Details
In January-March Ukraine imported 3646.205 thousand tons of coal valued at $569.631 million, with $212.041 million in March. According to the State Fiscal Service, Russia supplied $350.834 million worth of coal (61.59% of the total volume), USA – $102.166 million (17.94%), Canada – $43.707 million (7.67%), other countries – $72.924 million (12.8%). In monetary terms…Details