Ukraine: Interpipe NMTZ to become private

Shareholders of Interpipe Novomoskovsk Pipe Works intend to turn the enterprise from public joint stock company into a private one. The issue will be discussed at the extraordinary meeting scheduled for December 14. The shareholders also want to renew the statutory documents, as well as documents on the general meeting, supervisory board, revision commission, etc.…

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Ukraine: Dneprospetsstal steel output up in October 2018

In October Dneprospetsstal increased steel output by 13.6% MoM, to 21.968 thousand tons.

According to the company statement, rolled metal output dropped by 3%, to 12.837 thousand tons.

In January-October steel manufacture grew by 2.4%, to 210.120 thousand tons, while rolled metal output fell by 2%, to 138.425 thousand tons. (Ukrainian metal)

Ukraine: AMKR gets AvtoKrAZ truck tanker to transport coke gas condensate

AvtoKrAZ and Everlast have produced a truck tanker for ArcelorMittal Kriviy Rih.

The tanker is used to transport and temporarily store coke gas concentrate.

The volume of the tank is 10 cubic meters.

This is the first time that AMKR has ordered machinery from AvtoKrAZ. (Ukrainian metal)

Russia: scrap deliveries to metal plants up in October 2018

In October deliveries of scrap to the major metal and pipe plants via railroad totaled 1.54 million tons.

According to the railroad statistics, this is up by 3.8% YoY.

In January-October scrap deliveries grew by 4.3% YoY, to 11.78 million tons. (Ukrainian metal)

Ukraine: AMKR deputy CEO appointed chairman of AMB

Virdy Bikram, the ArcelorMittal Kiriviy Rih deputy CEO on procurement, has been appointed the chairman of ArcelorMittal Berislav.

The decision was taken at the supervisory board meeting on November 6.

Moreover 4 board members have been re-elected for a new term. (Ukrainian metal)

Uzbekistan: Uzmetkombinat to invest $23.8 million in production of ferrosilicon manganese

Uzmetkombinat JSC, the Uzbek metallurgical plant, intends to implement 13 projects worth a total of $474.5 million in 2018-2022. The government of Uzbekistan issued a “Decree on measures for the implementation of investment projects and the effective use of objects of Uzmetkombinat JSC”. In particular, the company intends to build a casting and rolling complex…

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