Ukraine: AMKR upgrading beneficiation plants

PJSC ArcelorMittal Kriviy Rih keeps modernizing equipment. Section No. 9 of magnetic separation area was commissioned at OBP-2. 13 new separation units manufactured by Finnish company “Metso” were installed to replace 54 old ones, which enabled to reduce power consumption by 73 kW/h per day. There are five magnetic separation sections at OBP-2 in total.…

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Ukraine: EBRD representatives visit AMKR

Senior Environment Adviser of European Bank for Reconstruction and Development (EBRD) Robert Adamczyk and Senior Manager for Sustainable Development and Corporate Responsibility of ArcelorMittal Аlan Knight paid a two-day working visit to ArcelorMittal Kriviy Rih. At the end of 2017 EBRD approved opening of a credit line for ArcelorMittal at 350 million euros to finance…

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Russia: Raspadskaya net profit up in H1 2018

In January-June one of the largest coking coal producers in Russia – Raspadskaya – increased revenue by 23% YoY, to $542 million.

Net profit grew by 34%, to $225 million, with EBITDA up from $235 million to $303 million.

At the same time coal output decreased by 9%, to 5.4 million tons. (Ukrainian metal)

Ukraine: Zaporizhstal buys school kits

Zaporizhstal together with Zaporozhogneupor, Zaporozhkoks and Zaporozhye Casting-Mechanical Works under the annual program “First time to school” handed stationary kits to 5500 pupils, the children of their employees. Altogether the stationary kits cost 3.1 million UAH. The children who went to school for the first time received their first school bags with stationary kits. Children…

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