Ukraine: court to hear lawsuit on termination of contract on ZTMK creation

Donetsk business court of appeals has satisfied a counterclaim of the Specialized Anti-Corruption Prosecutor’s Office (SAPO) and ordered the business court of Zaporizhia region to hear the lawsuit of SAPO seeking the termination of the contract between the State Property Fund of Ukraine (SPF) and offshore company Tolexis Trading Limited (Cyprus), a part of Dmytro…

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Ukraine: AMKR to start repairing steelsmelting mill in April 2017

ArcelorMittal Kriviy Rih is preparing for the overhaul of its steelsmelting mill in the open-hearth shop. “At present the open-hearth shop operates only the steelsmelting mill No. 6. The shutting down and putting of the machinery out of operation started in 1993, the open-hearth furnace No. 4 was shut down in 2011. In view of…

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Ukraine: SPF to privatize 5 mines

The State Property Fund of Ukraine intends to sell several mines this year. 5 mines are being made ready for privatization, according to the fund chairman Igor Bilous. “There are some 5 objects. The mines to be privatized are complex and economically burdened objects. There is a special law on mine privatization. They do not…

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Ukraine: Evraz Sukhaya Balka still not allowed to mine ore

Evraz Sukhaya Balka is idle because of the absence of license to mine iron ore.

According to sources, as of the late March, the company still has not received all the necessary documents to resume operation.

In January-February the enterprise mined 413 thousand tons of sinter ore. (Ukrainian metal)

Russia: titanium output to grow

In the long-term prospect the titanium products output in Russia will increase, according to reports from the Ti-2017 in CIS conference in the city of Yekaterinburg. The main driver of the output increase and consumption of titanium semi-finished products will be the aerospace industry, while the demand growth is also expected on behalf of energy…

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