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In June Ukrainian market received 269 thousand tons of scrap, up by 18 thousand tons MoM, with 1421 thousand tons delivered since the year beginning. According to the state enterprise Ukrpromvneshexpertisa deputy director Yuri Dobrovolsky, the raw materials shortage is still felt on the market. Since the year started, the demand in scrap has been…
DetailsAt a meeting held on July 28, NLMK Group’s Board of Directors recommended the company’s shareholders to approve payment of Q2 2017 dividends at the upcoming Extraordinary General Shareholder Meeting (EGM) to be held on September 29. NLMK Group’s Board of Directors recommended NLMK shareholders approve Q2 dividends of RUB 3.20 per share, equivalent to…
DetailsAt the plant for production of metallurgical-grade silicon of Tau-Ken Temir LLP, Prime Minister of Kazakhstan Bakytzhan Sagintayev has checked the current measures for technological modernization and prospects for development of the enterprise. Sagintayev examined the operational shops for silicon, refining, teeming and production, and visited the silicon intermediate storage facility. Murat Zhukenov, the Board…
DetailsThe Mariupol city council has concluded an agreement with Mariupol Ilyich Iron and Steel Works as to the lease of cars valued at 175 thousand UAH. The lease of 2 Toyota Land Cruiser with drivers till the end of the year costs 160 thousand UAH. Thus for each car the city council will pay 8…
DetailsIn January-June Poltava Mining and Processing Works exported 4.123 million tons of iron ore pellets. At the same time Karelsky Okatysh exported 2.461 million tons, Mikhailovsky GOK – 1.878 million tons, Lebedinsky GOK (all three – Russia) – 1.355 million tons, while SevGOK – 983.9 thousand tons of pellets. In H1 PGOK produced 5.16 million…
DetailsIn June Russia produced 4.55 million tons of pig iron, down by 7.7% YoY (5.095 million tons in May). In January-June pig iron output decreased by 1.7% YoY, to 30.186 million tons. Ukrainian pig iron output in June totaled 1.52 million tons, down by 13.9% YoY (1.61 million tons in May), with 9.658 million tons…
DetailsThe Electrocable Kolchugino Works has assembled the new machinery valued at 3 million rubles. It will allow the company to increase medium and high voltage (up to 110 kW) power cable output. The new taping and armoring machines have been incorporated in the existing line. “The necessity to improve the line resulted from the increase…
DetailsA presidential decree dated July 26 approved measures to improve governance structures and increase the efficiency of activity of enterprises of the coal industry. The document notes that the decree of the President of the Republic of Uzbekistan dated June 13, approved the program of further development and modernization of the coal industry in 2017-2021,…
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