The Commercial Court of Kiev has ordered the Alchevsk Iron and Steel Works and Dneprovsky Iron and Steel Works named after Dzerzhinsky to pay Metinvest Holding 6.97 billion UAH of debts for iron ore concentrate. In particular, DMKD has to pay 5.78 billion UAH (5.19 million of debt, 437.39 million of fines and 155.4 million…Details
Shareholders of Ilyich-Stal have recalled Metinvest B.V. (the Netherlands) from the supervisory board and appointed 5 people instead. In particular, Metinvest Holding CEO Yuri Ryzhenkov, Metinvest Holding Metal Division director Alexander Pogozhev, deputy financial director Julia Dankova, legal provision director Svetlana Romanova as well as the head of the legal department of Mariupol Ilyich Iron…Details
In January-March Donetsk region (without the antiterrorist operation zone) industrial output went up by 10% YoY, with March indexes up by 5.5% MoM and 10.1% YoY. Metal output increased by 11.2%, that of mining – by 19.9% and of coke – 1.6 times. Ordinary coal mining increased by 22.3% YoY, to 3.8 million tons. Pig…Details
On the occasion of the International Health Day Centravis presented modern equipment to Nikopol medical institutions. High-quality devices, which are necessary for the diagnosis and treatment, were granted to the maternity and Nikopol Municipal Hospital No.4. “While continuing an implementation of comprehensive social strategy aimed at improving the quality of life in the region our…Details
Zaporozhye Aluminum Works is to stabilize the financial and economic situation at the enterprise in 2016 and keep away from wage arrears.
Magnitogorsk Iron and Steel Works announced that a meeting of the MMK Board of Directors was held on April 22.
In March Ukraine produced 1891 thousand tons of rolled metal, up by 10.3% MoM, or by 176 thousand tons.
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* min max February 365 549 March 341 490 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details
Total closing of state mines is out of question, says the new minister of energy and coal industry of Ukraine Igor Nasalik.
In January-March Severniy Mining and Processing Works received 228.9 million UAH of profits, while in the corresponding period of last year it received 875.55 million UAH of losses.
The supervisory board of Poltava Mining and Processing Works has reelected the management board.
ArcelorMittal Kriviy Rih has finished capital repairs of the heating furnace of the 250-3 mill in the section-rolling shop #1.
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max February 185 277 March 188 277 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)Details