In 2017 Energomashspetsstal will supply over 150 tons of rolls to ISD Dunaferr (Hungary). The contract for the production of 6 supporting rolls for cold- and hot-rolling mills was signed in October. Rolls will be supplied in lots, according to the agreement. (Ukrainian metal)Details
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The supervisory board of Artemovsk Non-Ferrous Metals Processing Works has dismissed Vitaly Malykhin from the office of the chairman of the board and appointed Alexander Chistyakov instead. According to the company statement, the deputy chairman Alexander Stefan and member of the board Tatiana Golos have also been dismissed. At the same time Valery Safonov, Tatiana…Details
Palmrose B. V. (the Netherlands) has gained 94.96% of the Evraz Yuzhkoks shares. According to the company statement, earlier its share amounted to 94.46%. Its voting share increased from 95.71% to 96.21%. Evraz Bagleykoks was renamed Evraz Yuzhkoks on April 28. (Ukrainian metal)Details
Month Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 47 54 52 60 September 51 59 51 58 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…Details
The first stage of Tajikistan Iron and Steel Works has been put into operation. The company consists of 6 shops, and has a 100-mWt substation. The works is expected to produce and process 80-120 thousand tons of minerals, increasing its capacity to 200 thousand tons per year. At first the company will produce 12-27 mm…Details
The supervisory board of Dneprospetsstal has prolonged the office of the acting chairman of the board Vitaly Kornievsky for 3 more months, until February 2017. According to the company statement, in 2015 it received 706.56 million UAH of losses, having increased its net income by 40.8% YoY, or by 1.98 billion UAH, to 6.85 billion…Details
Month Ukrainian market, $/t, without VAT, FCA, $1/UAH25.897* min max August 153 157 September 153 157 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
MMK-Metiz has expanded its range of products with the new powder surfacing wire of PP-Np-200x12m and PP-Np-200x12VF grades with 3.6 mm diameter. The expansion of the product range will allow MMK-Metiz to increase its output and gain new markets. (Ukrainian metal)Details
The Donetsk People’s Republic (Russia-supported terrorist organization) mines want to employ some 3700 people, with Makeevugol needing 1700 workers. The mines need 950 breakage face workers, 450 shafters and 450 mine explosion engineers, some 500 repairmen, etc. Makeevugol needs the most employees. Still most miners in DPR have large salary debts and try to go…Details
On November 7, the Almaty Metal Wares Works (Tokyo Rope Almaty) started operating. The company will specialize in metal systems for infrastructure objects, steel fasteners for mining industry, ragbolts and joins for construction, metal wares and steel ropes. Tokyo Rope has invested 25 billion tenge in the works. (Ukrainian metal)Details
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max August 346 346 September 340 340 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
In January-September Severstal-Metiz was able to save over 70 million rubles due to the successful realization of expenses decrease measures. According to the company statement, the most effective were the wire production technique changes, coating materials usage decrease and the replacement of packaging. “We pay much attention to changes that directly affect prime cost decrease…Details
The president of Ukraine Petro Poroshenko has signed the decree on 5% scrap import duty cancellation that introduces amendments to the customs tariffs. The decree is supposed to decrease ferrous scrap shortage on the local market and provide for infrastructure objects restoration. This is the second part of the metal market supporting package – the…Details