In April scrap shortage in Ukraine totaled 34 thousand tons, or 12% of the metal companies need. “With scrap deficiency imports of Russian hot-briquetted iron (HBI) increased 9.6 times”, said Interpipe. Local market received 264 thousand tons of scrap, while it needed 298 thousand tons. “Ukraine wasn’t able to satisfy its needs because of the…Details
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Energomashspetsstal has cast and forged the hemispheric ingot weighing 125 tons for the manufacture of the high-pressure steam-generator shell for Kudankulam nuclear power station in India. “Taking into account technical characteristics, this ingot is the only one on the ex-USSR territory. The shell is also the first product of such weight to be produced from…Details
In April Ukraine produced 2063 thousand tons of pig iron (68.8 thousand tons on average per day, up by 4% MoM), 2201 thousand tons of steel (73.4 thousand tons, up by 5% MoM) and 1967 thousand tons of rolled metal (65.6 thousand tons, up by 8% MoM). In January-April output was as follows: pig iron…Details
Shareholders of Donetskkoks have decided to increase the supervisory board from 1 member to 5. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all of them top managers at Metinvest Holding) and Maxim Novikov (Ingulets Mining and Processing Works legal department director) have been elected members of the board for…Details
Norilsk Nickel, the world’s largest refined nickel and palladium producer, hosted its annual strategy day. The management reported on the main results of the completed strategic cycle of 2013-2015 and set key goals and priorities for the next strategic cycle of 2016-2018. In 2013-2015, a significant progress was achieved in transforming Norilsk Nickel into a…Details
Shareholders of Zaporozhkoks have decided to increase the supervisory board from 1 member to 5. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all of them top managers at Metinvest Holding) and Andrei Akulich (Zaporizhstal commercial director) have been elected members of the board for 3 years. At the same…Details
Shareholders of Yenakievo Coke Plant have dismissed Vitaly Litovka from the office of the supervisory chairman and appointed Vitaly Romansky instead. According to the company statement, Romansky was the financial director of the plant. Shareholders have also reelected Alexander Mironenko, Oleg Gres, Ivan Avramov and Dayana Ivanyushenko members of the supervisory board. (Ukrainian metal)Details
Shareholders of Evraz Bagleykoks have reelected Sergey Burilin the company CEO. According to the company statement, he has been reelected for 1 year. The shareholders have also dismissed Palmrose B. V. (the Netherlands) and Dmitri Furmanov from the supervisory board and appointed Alexander Rybalko (representative of Palmrose B.V.), Lyudmila Garmash and Dmitry Skotarenko instead. (Ukrainian…Details
Head of Lugansk regional military-civilian administration Yuri Garbuz visited Lisichanskugol and Pervomayskugol. “I want to experience and understand the problems of the coal industry in the region. I know there are salary problems and others as well, of which I hope you will tell me”, explained Garbuz the reason for his visit. According to him,…Details
In 2015 Kharkiv Coke Works decreased its net income by 8.3% YoY, to 454.44 million UAH. According to the company statement, its net profits dropped by 37.5% YoY, to 7.76 million UAH. Its EBIT decreased by 79.4%, to 3.11 million UAH, with its retained earnings on the level of 29.36 million UAH. Last year the…Details
In January-April ArcelorMittal Kriviy Rih produced 1.9 million tons of rolled metal, up by 11.8% YoY. Steel smelting went up by 5.6%, to 2.13 million tons, pig iron output increased by 11.7%, to 2 million tons, all YoY. Coke production grew by 10.4%, to 670 thousand tons, that of iron ore – by 20.6%, to…Details
A Kiev court has arrested the co-owner of a major scrap procurement and processing complex KVV Group Yevgeny Kazmin on the request from the State Security Service. Kazmin is suspected in financing activities connected with the changing of the country borders and the state border of Ukraine. Kazmin oversees construction of housing in the Russia-annexed…Details