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The State Property Fund has set a list of enterprises to be privatized in 2018. According to the fund chairman Vitaly Trubarov, Zaporozhye Titanium and Magnesium Works is on the list. The fund intends to fulfill the privatization plan of 22.5 billion UAH. “This is the real amount, which the fund will reach. Soon the…
DetailsEnergomashspetsstal has shipped a batch of rolls to Zaporizhstal. According to the company statement, the batch comprised of supporting rolls for cold- and hot-rolling with the total weight of 278.37 tons. The order has been carried out under the contract signed in 2011. In 2016 EMSS received the net loss of 1.497 billion UAH, down…
DetailsArcelorMittal Kriviy Rih is at the head of the exporters rating. According to the company statement, the rating has been created by the “Top-100. Ratings of the largest” magazine on the basis of 2016 operation. Last year the top-100 companies exported over 450 billion UAH worth of products, up 2-fold YoY. ArcelorMittal Kriviy Rih exported…
DetailsIn April-December Zagorsky Pipe Works received 55 thousand tons of rolled metal from South Korea. The delivery time from Posco to the warehouse is 25 days, which is almost twice faster mostly thanks to the Vladivostok Sea Trade Port and Russian Railroads. “The decrease in delivery time of rolled sheet brings South Korea closer to…
DetailsKrasnoyarsk Iron and Steel Works has commissioned a new press mill to manufacture products of easily and hard-deformable alloys. The Spanish Gia Clecim Press press is one of the most powerful in KraMZ press manufacture. Its size is around 3 thousand square meters. “The press capacity is over 450 tons per months. These products can…
DetailsSaratov Works of Reservoir Metal Structures has been declared insolvent. During the supervisory procedure, which has lasted since the beginning of the year, the insolvency officer has analyzed the company financial activity and decided that it will be impossible to restore solvency, as debts reach 1.26 billion rubles. The works was created in 1947 as…
DetailsChelyabinsk Iron and Steel Works has increased the processing of iron-containing wastes. In 11 months the company has already exceeded the previous 5 years waste processing results. Sludge or mud is the by-product of manufacture. It is created during the operation of the blast furnaces. Because of the high iron content (around 40%) these wastes…
DetailsOfficials in Kyrgyzstan discussed how to reduce the price of local coal, the State Committee of Industry, Energy and Subsoil Use reported. Currently, four companies in two shifts are working at an open pit in Kara-Keche. Every day 4,500-5,000 tons of coal are mined. There is a checkpoint guarded by the police at the entrance.…
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