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The State Property Fund will try to sell again the estate of the Aluminum Foil Works. According to the Fund statement, the company owns no buildings and has no land in lease. On the other hand it has 85517 units of current assets. The initial price of the privatization object is 966.42 million UAH (1159.71…
DetailsShareholders of the Zaporozhye Aluminum Works have replaced 2 of the 7 members of the supervisory board. According to the company statement, in particular, Alexei Arnautov and Yana Tikhonova have been dismissed with Vitaly Denisenko and Tatiana Kuzub appointed instead. Svetlana Bezverkhaya, Anastasia Mankovskaya, Natalia Pavliuk, Natalia Kharina and Irina Lepyavko have been reelected. The…
DetailsNikopol Ferroalloy Plant has dismissed Sergey Bozhko from the office of deputy chairman, commercial director. According to the company statement, Bozhko resigned. He has been in the office since December 13, 2013 and owns no company shares. The office is still vacant. (Ukrainian metal)
DetailsIn September Nikopol Ferroalloy Plant produced 59.8 thousand tons of silicomanganese, up by 12.2% MoM, or by 6.5 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, ferromanganese output dropped by 12.2% MoM, or by 0.6 thousand tons, to 4.3 thousand tons. In January-September the company produced 510.8 thousand tons of silicomanganese, up by…
DetailsIn September Zaporozhye Ferro Alloys Plant produced 23.6 thousand tons of ferroalloys, down by 5.6% MoM, or by 1.4 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in January-September the company output totaled 208.4 thousand tons, down by 8.1% YoY, or by 18.3 thousand tons. (Ukrainian metal)
DetailsIn September Ukraine produced 87.7 thousand tons of ferroalloys, up by 5.5% MoM, or by 4.6 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in January-September ferroalloy output totaled 692.6 thousand tons, up by 8.7% YoY, or by 60.3 thousand tons. (Ukrainian metal)
DetailsBy 2017 Central Mining and Processing Works plans to have invested 14 million UAH into repairs of cargo truck engines. According to the company statement, this is 50% cheaper than buying new engines. “Under high competitiveness on the world market we are on a constant lookout for new reserves to decrease prime cost of our…
DetailsIn 2016 Ferrexpo, controlling Poltava and Yeristovo Mining and Processing Works, intends to keep pellets output on the last year level, when it produced 11.66 million tons. “We expect pellets output to reach 11.2-11.3 million tons, though we hope it will be higher. But what is important for us is that 94% of them will…
DetailsIn September Ukraine produced 159.1 thousand tons of manganese concentrate and sinter, up by 12% MoM, or by 17.3 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in January-September manganese concentrate and sinterpoutput decreased by 22.1% YoY, or by 239.5 thousand tons, to 844.2 thousand tons. (Ukrainian metal)
DetailsLamesa Group Holding, affiliated with Russian tycoon Viktor Vekselberg and his multi-industry holding Renova Group through Polo Company, has raised its share in U.K.-registered Petropavlovsk Plc, which operates in Russia, to 2.7448% from 1.5237%, Petropavlovsk said in a statement. Other details of the deal were not disclosed. Other affiliates of Renova Group control 14.764% in…
DetailsIn Q3 Magnitogorsk Iron and Steel Works produced 3.17 million tons of steel, on the level of Q2. Steel smelting capacities were 88% loaded. Sales dropped by 4.7% to 2.86 million tons due to the sales increase within the group. VAT-products output decreased by 8.3% to 1.3 million tons. In January-September MMK produced 9.38 million…
DetailsAsha Iron and Steel Works has confirmed the prolongation of the certificate to produce construction steel hot-rolled metal for the manufacture of metal or ferroconcrete structures. The certificate has been provided by TUV Rheinland Group. The hot-rolled metal of AMZ with CE-marking will continue being exported to the European Union. The company has received the…
DetailsOn October 15, Donetsk Iron and Steel Works, situated in the territory of the Russia-supported terrorist organization Donetsk People’s Republic, put its blast furnace No. 1 into operation. The halt of the BF was connected with the overhaul. Repairs at BF2 are underway. (Ukrainian metal)
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