ABB, the leading power and automation technology group, will deliver a low-speed, dual pinion ring-geared mill drive system (RMD) for the Poltava Mining and Processing Works (PGOK) in Komsomolsk. This delivery will help to increase capacity of the mine’s processing plant. With its maintenance-friendly design the RMD solution minimizes mechanical wear on ring-geared mills and…Details
In 2014 Donetsk Iron and Steel Works received 1.95 million UAH of profit.
ArcelorMittal Kriviy Rih plans to produce 6.5 million tons of steel in 2015.
In January-March Avdiivka Coke and Chemical Works, a part of the Metinvest group, received 329.09 million UAH of net losses, down by 11.4% YoY.
In March Dneprospetsstal electrometallurgical works named after Kuzmin produced 24099 tons of steel, up by 40% MoM.
Centravis Production Ukraine, the largest exporter of seamless stainless steel pipes in the country, has received an order from Australia. The company hopes for a long-term cooperation with that country.
In January-March Azovstal Iron and Steel Works (Mariupol, Donetsk region) received 952.77 million UAH of profit.
ArcelorMittal Kriviy Rih plans to decrease its rolled metal cost price by $60-65 per ton.
Zaporizhstal, a part of the Metinvest Group, in 2014 invested about $120 million in production modernization, Zaporizhstal CEO Rostyslav Shurma said at a meeting with U.S. Embassy representatives in Ukraine.
In March Ukraine produced 6714 thousand tons of iron ore and iron ore concentrate, up by 13%, or by 770 thousand tons, MoM.