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Zaporizhstal has completed the large-scale assembly at the blast furnace No. 3 being reconstructed. “We’re carrying out electric and technical work and starting testing the equipment”, the company CEO Rostislav Shurma said. The gigantic crane Mammoet with the lifting capacity of 1600 tons has finished its work at the reconstruction. Soon it will be disassembled…
DetailsYenakievo Iron and Steel Works, occupied by the Donetsk People’s Republic terrorist organization, has to receive the first batch of raw materials this week. “We have signed all the necessary documents. With the new raw materials we will be able to resume operation at EMZ”, the Donetsk militants leader Alexander Zakharchenko said. (Ukrainian metal)
DetailsBeloretsk Iron and Steel Works, a part of Mechel, has prolonged its loan line from Gazprombank till April 2022. According to the company statement, the volume of the loan is 3.1 billion rubles, or 19.9% of the assets cost as of the end of Q1. The initial agreement with the bank was signed in April…
DetailsUral Mining and Metallurgical Company has increased its share in Chelyabinsk Zinc Works to 97.714%. Last year ChTsZ produced 174.803 thousand tons of zinc and alloys as opposed to 171.002 thousand tons in 2015. (Ukrainian metal)
DetailsFerrum has received the new pipe-welding mill. The mill produces thin-walled cold-rolled pipes with 0.5-1.6 mm wall thickness. This will be a unique product for Novosibirsk region. The mill will be put into operation in late May. Ferrum started producing electric-welded pipes in 2015. It has 3 mills with the total capacity of 15 thousand…
DetailsA working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Anatoly Sedykh, Chairman of the Management Board of United Metallurgical Company (OMK), took place in Moscow. It was noted that the long-term cooperation between the companies had strategic importance. Pipe products made by OMK comply with high standards and requirements set by…
DetailsMetal railroad exports in January-March decreased by 6.3% YoY, to 7.07 million tons, imports increased 3.9-fold, to 160 thousand tons. Railroad metal throughput in Q1 dropped by 4.7% YoY, to 7.23 million tons. Railroad metal delivery to port Novorossiysk for exports dropped by 12.2%, to 2.6 million tons, Tuapse – by 0.7%, to 560 thousand…
DetailsBecause of the railroad accident on the Volnovakha-Karan route, Mariupol Ilyich Iron and Steel Works will not produce 11 thousand tons of pig iron. “Minus 3 trains with raw materials through Kamysh-Zarya route on April 8, minus 8 trains today, this means we will lose 11 thousand tons of pig iron in production (around $4…
DetailsMoody’s international ratings agency has improved Ferrexpo plc corporate rating from Caa3 to Caa2. Default risk rating has been increased from Caa3-PD to Caa2-PD, while its bonds from Caa3 to Caa2. The outlook on all ratings is stable. In 2016 Ferrexpo, which controls Poltava and Yeristovo Mining and Processing Works, received $189.2 million of net…
DetailsMariupol Ilyich Iron and Steel Works has finished the capital repairs of its blast furnace No. 3. “In 12 days all the repair work has been successfully completed”, the company CEO Yuri Zinchenko wrote on his Facebook page. The repairs will allow the blast furnace to reach its maximum capacity – 3450 tons of pig…
DetailsPJSC ArcelorMittal Kriviy Rih hosted the meeting devoted to development of strategic approaches for improvement of the ecosystem of Ingul river basin within the Program to support the green modernization of the Ukrainian economy being implemented by German Society for International Cooperation “GIZ”. The main objective of the informative meeting was to find the efficient…
DetailsPJSC ArcelorMittal Kriviy Rih obtained a patent of Ukraine for elaborated method of practical use of steelmaking by-products in agriculture. Copyright protects the method of steelmaking slag usage as a fertilizer (ameliorant) for deoxidization of acidic soils and increase of harvest level of various agricultural crops. Development and application of a new method of soils…
DetailsThe military Prosecutor General’s Office of Southern region of Ukraine has proposed to the Economic Development and Trade Ministry of Ukraine to impose sanctions on Ukrainian Chemical Products (earlier Crimean Titanium, a part of Dmytro Firtash’s Group DF) in the form of temporary suspension of foreign economic operations, the ministry has reported on its website.…
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