Russia: fire breaks out at NLMK’s VIZ-Stal plant in Yekaterinburg

A fire broke out at 3,200 square meters of the cold-rolled metal products unit of steelmaker Novolipetsk Steel (NLMK)’s Yekaterinburg-based VIZ-Stal plant, 200 people have been evacuated, a representative of the region’s emergency services reported. “Combustion of hydraulic oil occurred on an area of 3,200 square meters. 200 people have been evacuated,” the person said.…

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SSAB to Lay Off in Finnish Operations

SSAB has started to explore flexibility measures related to staffing adjustments at the end of August and initiated employer-employee negotiations in its Finnish operations concerning potential temporary lay-offs of a maximum of 90 days. The negotiations have now ended and there will be a temporary lay-off need averaging 2-3 weeks in 2019. The temporary layoffs…

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Ukraine: payments of royalties from iron ore production up in 2012-2018

Ukrainian steelmakers’ association Ukrmetprom says that payments of royalties from mining iron ore increased almost 5-fold from 2012 to 2018. At the same time, payments of royalties from minerals of state importance, including ore, increased only 1.6-fold, while those from crude oil production 1.1-fold. The Servant of the People Party parliamentary faction proposes a change…

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