Centravis has established an official representative in UAE. “The constantly operating office will help us work with the buyers locally and increase exports from Ukraine”, said the company in its statement. “At present Ukrainian economy needs money from abroad, as well as development and diversification of export markets. And if the European market is gradually…Details
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In January-May Ferrexpo plc, owner of Poltava and Yeristovo Mining and Processing Works, produced 4.82 million tons of pellets, down by 1.2% YoY, but increased concentrate output by 3.1% YoY, to 6.11 million tons. In May it produced 969 thousand tons of pellets and 1.25 million tons of concentrate. Output of pellets of the company…Details
In May Mariupol Ilyich Iron and Steel Works started producing a new kind of hot-rolled coils. The company produced a first industrial lot of S235JR hot-rolled coil with the size of 3×1500 mm in accordance with EN 10025-2. This is the first time that such coils are produced in Ukraine. Previously Ukraine had to import…Details
In January-May Ukrainian metal companies consumed 740 million cubic meters of gas, down by 20% YoY. The average daily gas consumption decreased by 1.5 million cubic meters YoY, to 4.9 million cubic meters. In May companies consumed 142 million cubic meters of gas, up by 5 million cubic meters MoM. (Ukrainian metal)Details
Russia: Norilsk Nickel general partner of the business program at the VI St.-Petersburg International Legal Forum
Norilsk Nickel became a general partner of the business program at the VI St.-Petersburg International Legal Forum held on May 18-20. Each year this large-scale event brings together legal experts, including representatives of state authorities, businesses and scientific community from over 80 countries. A Norilsk Nickel representative, Alexander Zavtrik, director of legal department, moderated a…Details
Nikolaev Alumina Works has successfully passed quality management, environment management, labor and industrial safety audits according to international standards. The audit was carried out by DNV GL. “The company shows good development rates, – said a DNV GL auditor Olga Lavrentieva. – It optimizes its inner processes: decreases all kinds of expenses, finds out and…Details
In January-May Ukraine produced 411.3 thousand tons of ferroalloys, up by 3.2% YoY. According to the Association of Ukrainian Ferroalloy Producers, silicomanganese output went up by 2.4% YoY, to 331.5 thousand tons, that of ferromanganese – by 6.4%, to 36 thousand tons, and of ferrosilicon – by 11.7%, to 41 thousand tons. Metallic manganese production…Details
In January-May Nikopol Ferroalloy Plant produced 300.7 thousand tons of ferroalloys, up by 10.9% YoY. According to the Association of Ukrainian Ferroalloy Producers, silicomanganese output went up by 8% YoY, to 283.5 thousand tons, while that of ferromanganese – 2 times, to 17.2 thousand tons. The works didn’t produce any other ferroalloys. (Ukrainian metal)Details
Shareholder meetings of Nikopol Ferroalloy Plant, Zaporozhye Ferro Alloys Plant, Marganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works, scheduled for early June, were not held. ZZF meeting was to take place on June 7, while that of NZF – on June 10. The supervisory boards of both companies will name the day…Details
The Ministry of energy and coal industry has started another competition for the office of Volynugol general director. All the applications should be submitted by July 12. The previous competition was held in early March. Volynugol CEO Fedor Bogdan resigned on February 22. In January-March the company decreased its losses 4.5 times YoY, or by…Details
There have been no deliveries of coal from the occupied regions of Donbass since June started. “We have serious problems with A grade coal, even though the situation is not as critical as last year”, said the National commission on energy and municipal services regulations director Dmitry Vovk. “It is difficult to meet the needs…Details
Makeevugol Butovskaya mine, situated in the Russia-supported terrorist occupied territories has been shelled. Because of the fire the mine was cut off from air and electricity supply. 3 miners have been evacuated. There were no casualties. The mine resumed operation the same day. (Ukrainian metal)Details
The Ministry of energy and coal industry suggests giving 1.3 billion UAH in 2017 to finance coal industry. 850 million UAH will be given as subsidies to state mines, while 450 million will be spent on the closing down of profitless coal companies, according to the minister Igor Nasalik. In January-May Ukrainian mines yielded 16.29…Details