The state enterprise Ukrpromvneshexpertisa believes the square billet prices in July will decrease by $5-10 per ton MoM, to $300-310 per ton FOB Black Sea. Rolled metal price drop has to do with the Ramadan in the Near East and the season of vacations in Europe. The demand for the square billets on the world…
DetailsKola Mining and Metallurgical Company has won the regional stage of the Best Insurer (compulsory pension insurance) competition hosted by the Pension Fund of the Russian Federation for its performance in 2015. The competition has been hosted by the Pension Fund of Russia since 2011. Its main goal is to improve social responsibility of employers…
DetailsIn May Zaporozhye Ferro Alloys Plant produced 24.4 thousand tons of ferroalloys, up by 1.6% MoM, or by 0.4 thousand tons. According to the company statement, in January-May it produced 110.6 thousand tons of ferroalloys, down by 13.1% YoY, or by 16.7 thousand tons. (Ukrainian metal)
DetailsIn May Ukraine produced 1131 thousand tons of 6% moisture bulk coke, down by 0.3% MoM, or by 3 thousand tons. According to Metallurgprom, coke output in January-May increased by 30.8% YoY, or by 1313 thousand tons, to 5575 thousand tons. (Ukrainian metal)
DetailsIn May Ukraine produced 84.7 thousand tons of manganese concentrate and sinter, up by 43.2% MoM, or by 36.6 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in January-May manganese concentrate and sinter output decreased by 46.1% YoY, or by 221.8 thousand tons, to 259.6 thousand tons. (Ukrainian metal)
DetailsIn May Ukraine imported $8.07 million worth of manganese ore, while imports reached $0.1 million. According to the State Fiscal Service, in May Ukraine imported mostly from Australia ($2.85 million). In January-May manganese imports totaled $31.22 million, while exports were on the level of $1.23 million. (Ukrainian metal)
DetailsThe deputy minister of energy and coal industry of Ukraine Dmitry Labozhenko has discussed prospects of cooperation in modernization of state coal companies with the representatives of the State Development Bank of China. Ukraine has already received Chinese credit to modernize a Lisichanskugol mine ($85 million). In 2012 Naftogaz Ukrainy signed an agreement with the…
DetailsThe Commercial court of Lugansk region decided to collect the debt of 742.35 million UAH from Alchevsk Iron and Steel Works for electricity provided by the Lugansk power company. According to the decree, the works has also to pay 151.43 million UAH of fines. The power company states, that Ukraine-uncontrolled territories of Lugansk region receive…
DetailsThe Zarechnaya mine is being taken from Lvivugol. Vladimir Lokshina has been appointed the acting director of the mine. The mine was put into operation in 1970 and joined Lvivugol in 2003. According to the Cabinet of Ministers decree of 2015 the mine was included in the list of profitless companies to be shut down.…
DetailsDonetsk Iron and Steel Works has resumed operation after a forced delay following the partial stop of railroad connection in the ATO zone. The works has already produced 1.5 thousand tons of pig iron. At the same time Alchevsk Iron and Steel Works has been working at low capacities for a week. It produces some…
DetailsArcelorMittal Kriviy Rih has started producing a new type of reinforcement steel – A400 die-rolled section rebar with 6 mm diameter according to DSTU 3760:2006. Such rebars are used in housing and industrial construction. “We have increased the range of our rolled products from 22 types to 56. The new A400 rebars have been developed…
DetailsArcelorMIttal Kriviy Rih has dismissed three members of the supervisory board ahead of time. Among them is the ex-head of the President Secretariat Oleg Rybachuk. According to the company statement, Frantisek Chowaniec and Gerhard Renz have also been dismissed. At the same time ArcelorMittal Berislav has dismissed Wilhelmer Michael from the office of the supervisory…
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