In Q3 MMK-Metiz received 160.1 million rubles of net profits, down by 34% QoQ. The drop is explained by the sales decrease: in Q3 the company sold 4.11 billion rubles worth of products, down by 13% QoQ. In January-September MMK-Metiz received 279.48 million rubles of net profits, up 12 times YoY, with sales down by…
DetailsMetinvest intends to invest around 25 million UAH into the Donetsk Medical University named after Gorky that has moved to Mariupol. “We have opened a new building of the university and started constructing another. The university has moved into our town, so we’re helping it to settle here”, the company CEO Yuri Zinchenko said. (Ukrainian…
DetailsIn October Ukraine exported $59.03 million worth of ferroalloys, with imports on the level of $9.55 million. According to the State Fiscal Service, the main consumer of Ukrainian ferroalloys in October was Turkey ($11.43 million). In January-October Ukraine exported $578.55 million worth of ferroalloys, while imports reached $70.78 million. (Ukrainian metal)
DetailsIn January-September the state enterprise United Mining and Chemical Company increased its net profits 2.8 times YoY, or by 427.9 million UAH, to 666 million UAH. “This has been achieved by increasing sales in the period”, the company CEO Alexander Gladushko said. Even though world ilmenite, rutile and zircon prices haven’t increased, Volnogorsk Mining and…
DetailsAustralia will hold parliamentary hearings to discuss uranium deliveries to Ukrainian nuclear power plants. According to the parliament chairman Stewart Robert, safety measures will be discussed. The authorities want to be sure that their uranium is not used to produce nuclear weapon or in other military ways. In March Ukraine and Australia signed an agreement…
DetailsIn October Ukraine produced 1048 thousand tons of 6% moisture bulk coke, up by 0.2% MoM, or by 2 thousand tons. In January-October coke output went up by 12.4% YoY, or by 1186 thousand tons, to 10747 thousand tons. In September Ukraine produced 1046 thousand tons of 6% moisture bulk coke, down by 3.6% MoM,…
DetailsThe state enterprise Ukrpromvneshexpertisa forecasts that in November scrap stocks of metal companies will increase by 18.75-25% MoM, or by 30-40 thousand tons, to 190-200 thousand tons. “In October the stocks were on the level of 160 thousand tons. I believe, they will grow, because the steel smelting decrease and scrap supply growth are expected.…
DetailsIn October Ukraine produced 81 thousand tons of steel pipes, down by 1.2% MoM, or by 1 thousand tons. In January-October steel pipes output dropped by 0.4% YoY, or by 3 thousand tons, to 704 thousand tons. (Ukrainian metal)
DetailsThe state enterprise United Mining and Chemical Company has announced a tender for the delivery of 7.1 million cubic meters of gas in 2017 for Irshansk Mining and Processing Works. The tender was announced on November 16, and the company awaits offers by December 19. The projected sum of the purchase is 63.9 million UAH…
DetailsIn October Ukraine produced 5935 thousand tons of iron ore and concentrate, up by 4.8% MoM, or by 271 thousand tons. In particular, iron ore output dropped by 10.3% MoM, or by 95 thousand tons, to 823 thousand tons, while iron ore concentrate production went up by 7.7% MoM, or by 366 thousand tons, to…
DetailsArcelorMittal Temirtau has completed the capital repairs of its blast furnace No. 4. The volume of the new furnace increased from 3200 cubic meters to 3400 cubic meters. And the first pig iron has already been produced. The furnace will reach its project capacity in 2 weeks. “This will allow us to increase pig iron…
DetailsIn October Ukraine exported $152.64 million worth of iron ore, with imports on the level of $4.82 million. According to the State Fiscal Service, the main consumer of iron ore in October was China ($39.29 million). In January-October Ukraine exported $1421.4 million worth of iron ore, while imports reached $67.17 million. (Ukrainian metal)
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