The supervisory board of Evraz Sukhaya Balka has dismissed Denis Lukin from his office of the general manager and appointed Alexander Batareev acting CEO instead.
In January Ukraine exported $0.34 million worth of ferrous scrap, with imports on the level of $0.5 million.
In 2015 Metinvest produced 8050 thousand tons of pig iron, down by 12.62%, or by 1163 thousand tons YoY.
In Severodonetsk law-enforcers met with entrepreneurs who procure and sell ferrous and non-ferrous metals scrap.
In January Ukraine produced 1920 thousand tons of pig iron, 1938 thousand tons of steel and 1689 thousand tons of rolled metal, up by 112% and 103% and down by 98% YoY respectively.
In Q4 2015 Metinvest closed down manufacturing capacities of Donetskkoks.
Yuzhny Mining and Processing Works put into operation a new Atlas Copco FlexiROC D60 drilling rig in its quarry.
Ingulets Mining and Processing Works has put two new jaw crushers into operation.
The development project of one of the most prospective titanium areas – in the region of Motrono-Annovsky is falling apart. The work has been postponed for a year.
Month Russian market, $/t, EXW, without VAT, $1/RUR72.883* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.001* min max min max November 325.87 364.97 355.88 355.88 December 315.58 354.68 355.72 355.72 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.12.15 according to the National Bank of Ukraine and the Central Bank of the…Details
In February Alchevsk Iron and Steel Works plans to increase pig iron output to 173 thousand tons from 137 thousand tons in January.
In 2015 Novokramatorsk Machine-Building Works received 952.42 million UAH of net profits, with assets at 5488.41 million UAH.