On May 12, ArcelorMittal Kryviy Rih hosted the international scientific-production conference of blast furnace operators “PCI in Blast Furnace Process: commissioning experience and solving issues”. The representatives of major steel companies, unions and holdings of Ukraine as well as representatives of Ukrainian and international companies and scientific-project organizations took part in it. The participants of…Details
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Metalloinvest has signed a RUB 6.8 billion agreement to ship iron ore concentrate of the highest grade with iron content of up to 69.5% to Industrial and Steelmaking Holding (ISH). Prices take into account changes in market conditions. In 2016, Metalloinvest started sales of high-grade products with a low silica content and increased iron content.…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 285 578 284 338 March 298 507 290 311 * – 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…Details
As part of the International Surface Finishing, Electroplating and Coating Exhibition in China, SF EXPO CHINA Chongqing 2016, Norilsk Nickel won the nomination The Best Overseas Brand of Material for Plating. The jury, which selected the winners in nominations, included the organizers of the exhibition as well as representatives of two national industry associations and their…Details
Supervisory board of Evraz Yuzhkoks has elected Alexander Rybalko its chairman. According to the company statement, Rybalko has been elected for 1 year and is the representative of Palmrose B.V. (the Netherlands). In 2015 the company received 23127 million UAH of net profits, up 2.4 times YoY, or by 134.03 million UAH, having increased its…Details
ArcelorMittal Kriviy Rih plans to invest around $190 million into its development in 2016. “Our goal is $190 million. We shall see if we can do it this year”, said the company CEO Paramjit Kahlon. Last year AMKR invested 5.17 billion UAH into development. The money was spent on the construction of pulverized coal injection…Details
Month Russian market, $/t, FCA, without VAT, $1/RUR67.6076* min max February 59 131 March 59 141 * – 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
Supervisory board of Makeevka By-Product and Coke Plant has dismissed Sergey Medyantsev and appointed Igor Nadich as the chairman instead. According to the company statement, Medyantsev office has expired. Nadich has been appointed till April 25, 2017. He used to work as the assets management director and was supervisory board member. (Ukrainian metal)Details
Centravis Production Ukraine has shipped 14.55 km of pipes to Abu Dhabi Marine Operating (UAE). “Tool pipes will be used on hydraulic control lines and insure additional deliveries of gas from Umm Shaif Super Complex”, said the company in its statement. The pipes supplied have the diameter of 0.25-1 inch. The deal was struck in…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* min max February 408 657 March 428 638 * – 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
Supervisory board of Evraz Sukhaya Balka has elected Alexander Rybalko its chairman. According to the company statement, Rybalko has been elected for 1 year and is the representative of Palmrose B.V. (the Netherlands), owner of 99.25% of the works. In 2015 Evraz Sukhaya Balka received 632.96 million UAH of losses. (Ukrainian metal)Details
Velta has started assembling non-standard equipment at its mining and processing works (ore sands and ilmenite concentrate) that was damaged by fire in 2014. “The process of construction of factory capacities lost to fire is going on, and we have entered the phase of non-standard equipment assembly”, said the company in its statement. In December…Details
In 2016 ArcelorMittal Kriviy Rih intends to produce 6.9 million tons of steel. According to the company CEO Paramjit Kahlon, it also plans to manufacture 5.8-5.9 million tons of pig iron. In 2015 AMKR received 1.38 billion UAH of net profits. (Ukrainian metal)Details