Within the reconstruction of its pelletization factory the Central Mining and Processing Works has completed the first stage of the factory modernization. The company has put the Eirich batch-blending machine into operation. The new equipment costs 15 million UAH. The total investments into the project will reach 61 million UAH. The second stage is the…
DetailsMariupol Ilyich Iron and Steel Works has started modernizing its sheet shop 1700. The shop will receive new equipment and will see some repairs. Investments this year will total 120 million UAH. The company has concluded a contract with Novokramatorsk Machine-Building Works to produce the necessary equipment. NKMZ will produce and deliver 80 million UAH…
DetailsIn January-August Mariupol Ilyich Iron and Steel Works decreased natural gas consumption by 29% YoY. “Now the total consumption of the works is less than 32.5 thousand cubic meters per hour”, said the company CEO Yuri Zinchenko, adding that steel smelting grew by 5.4% and pig iron production – by 9.3%. (Ukrainian metal)
DetailsZaporizhstal has halted its sintering machine No. 6 to install the new gas-purifying system. “In 45 days the environmental project valued at 870 million UAH will be completed. In early November the sintering factory chimneys will show the result”, said the company CEO Rostislav Shurma. Zaporizhstal started active construction works in mid-August. (Ukrainian metal)
DetailsIn July Russia exported 2.3 million tons of ferrous metal, down by 13% MoM. In January-July ferrous metals exports dropped by 0.5% YoY, to 16.9 million tons. At the same time semi-finished products exports increased by 2% YoY, to 8.5 million tons, with rolled sheet shipping up by 5%, to 5 million tons. Pig iron…
DetailsIn July Ukraine exported $39.18 million worth of steel pipes, with imports on the level of $7.59 million. According to the State Fiscal Service, the main importer of Ukrainian steel pipes in July was Russia ($8.77 million). In January-July Ukraine exported $226.01 million worth of steel pipes, while imports totaled $64.89 million. (Ukrainian metal)
DetailsThe Ministry of economical development and trade has suggested canceling VAT in operations with scrap metal, as well as the income tax when submitting scrap. The ministry suggests canceling VAT for good, instead of making amendments to the state budget on annual basis, as it is done now. Thus VAT will not be imposed on…
DetailsIn July Ukraine exported $224.58 million worth of steel semi-finished products, while imports reached $1.22 million. According to the State Fiscal Service, the main consumer of Ukrainian steel semis in July was Egypt ($60.62 million). In January-July steel semis exports totaled $1326.95 million, with imports on the level of $6.83 million. (Ukrainian metal)
DetailsCentral Mining and Processing Works has purchased quarry machines valued at 210.5 million UAH. According to the company statement, it has acquired 6 large trucks and a Komatsu D275F-5 bulldozer. The new machines will work at the Artemovsk quarry in Kirovograd region. (Ukrainian metal)
DetailsThe construction of the aluminum works in Tayshet could start in 2017, according to the deputy of the Irkutsk region government head Anton Logashov. At present the construction is halted. Rusal has been constructing TaAZ since 2006. The works capacity should stand at 750 thousand tons of aluminum per year. (Ukrainian metal)
DetailsThe weeklong halt at Nikopol Ferroalloy Plant has resulted in the 9% output decrease. According to the Association of Ukrainian Ferroalloy Producers, August target output was decreased from 64 thousand tons to 58.1 thousand tons, with the works producing 58.14 thousand tons. The company furnaces stood idle from August 9 till August 16 due to…
DetailsThe Pipe Metal Company has supplied a batch of premium-quality pipes to Yamal LNG. TMK has been supplying the company with quality pipes since 2012. In 2014 the parties signed a contract on deliveries till 2020. This year TMK has shipped 4700 tons of premium-quality pipes to Yamal. (Ukrainian metal)
Details