The president of Ukraine Petr Poroshenko has signed the decree No. 6382 to prolong for a year the export duty on ferrous scrap in the amount of 30 euro per ton, earlier adopted by the Verkhovnaya Rada. According to the VR committee on industrial policy chairman Victor Galasyuk, thus an additional margin of safety was…
DetailsEmployees of the iron ore mine “Artem-1”, a part of the ArcelorMittal Kriviy Rih mine group, demand the increase of their wages to 1 thousand euro. According to the local mass media, several dozens of miners attended the meeting demanding the salary increase from the company management. They also want their medical expense to increase.…
DetailsVolnogorsk Mining and Metallurgical Combine has ordered the Imex Minerals LLC services on its territory and on the East site of Malyshev deposits valued at 42.86 million UAH. The auxiliary machines services will cost 30.58 million UAH this year. 12.29 million UAH will be spent on removing a layer of soil (350 thousand cubic meters)…
DetailsThe State Service of Geology and Subsoil of Ukraine has stopped the special licenses to use subsoil at DTEK Sverdlovskantrazit, DTEK Rovenkiantrazit and DTEK Komsomolets Donbassa, seized by the Russia-supported militants, until the antiterrorist operation is over. The licenses have been stopped based on the letters of the above-mentioned companies. On March 15, DTEK announced…
DetailsAccording to the Russian Railroads, in January-July the company transported 727.3 million tons of cargo, up by 3.3% YoY. In particular, the railroads transported 206.1 million tons of coal, up by 9.8% YoY, and 8.5 million tons of ferrous scrap, up by 2.4%. At the same time transportation of coke decreased by 1.6%, to 6.5…
DetailsIn July Russian manufacturers increased local prices on rebars by 5-9%. One of the main factors, which will determine rebars price in August, will be the shortage. Most of the traders have low stocks of rebars now, especially of lesser size rebars. That is why manufacturers will be able to insist on price increase. September…
DetailsIn April-June Metalloinvest produced 10.1 million tons of iron ore, on the previous quarter level. Pellets output increased by 4.8%, to 6.3 million tons. The company has also increased the output of HBI by 24.6%, to 1.8 million tons. Pig iron output totaled 0.7 million tons, up by 8.4%, while that of steel dropped by…
DetailsIn January-June Chelyabinsk Zinc Works received 2.228 billion rubles of net profits, up 1.3-fold YoY. Earnings increased by 36.5%, to 13.853 billion rubles, gross profit – by 17.2%, to 3.718 billion rubles, sales profits – by 23.3%, to 2.643 billion rubles. In 2016 the group produced 174.803 thousand tons of zinc. In H1 2017 –…
DetailsIn January-June DTEK enterprises mined 14.8 million tons of coal, up by 6.6% YoY, or by 910.5 thousand tons. Russian Obukhovskaya Mine Group mined 1.36 million tons of coal. Ukrainian enterprises yielded 13.45 million tons of coal, up by 4.6% YoY. The increase in the coal output, despite the loss of control over three coal-mining…
DetailsIn January-July Ukraine produced 11.9 million tons of steel, down by 18% YoY. According to Ukrmetallurgprom, rolled metal manufacture dropped by 19%, to 10.2 million tons, pig iron – by 22%, to 10.96 million tons. Coke output decreased by 21%, to 5.95 million tons. In 2016 Ukraine produced 24.2 million tons of rolled steel, 21.41…
DetailsIn January-June Metinvest produced 3.92 million tons of steel, 4.01 million tons of pig iron and 2.13 million tons of coke, all down by 6%, 6% and 3% YoY respectively. Q2 steel output drop was 10% QoQ, to 1.85 million tons. At the same time pig iron output increased by 2%, to 2.03 million tons,…
DetailsAvelanna Gold has developed a project to mine for precious metals in Zakarpatye and plans to invest some $100 million. The company has already received all the agreements, but the formal provision of documents is always postponed, so it cannot start operating. The company is working on the development of new infrastructure at the Muzhievskoye…
DetailsPavlogradskoye Mine Group intends to mine 4 million tons of coal this year. To reach this goal the enterprise needs to prepare a new long face as fast as possible. The shaftmen of the Pavlogradskaya mine have been working at the increased level for several months, and have already exceeded scheduled monthly results. At such…
DetailsAccording to the railroad statistics, in January-June Revyakino Iron and Steel Works LLC shipped 18.4 thousand tons of steel bars to local customers. The first batches were sold in November 2016. Since then the company has sold 32.3 thousand tons of steel. The main supplier of the raw materials to the company is OEMK. In…
DetailsIn January-June the iron ore enterprises of Orken (ArcelorMittal Temirtau) produced 1.293 million tons of iron ore concentrate, up by 3.5% YoY. In total Orken enterprises mined 2.419 million tons of iron ore, up by 1.2% YoY. The Orken iron ore division is a complex of 4 enterprises: Lisakovsky subsidiary, Orken-Kentobe, Orken-Atansor and Orken-Atasu. They…
DetailsIn July Zaporizhstal produced 306.4 thousand tons of pig iron, 334 thousand tons of steel and 294.3 thousand tons of rolled metal. In June the corresponding figures were 260.7 thousand tons, 284.1 thousand tons and 246.7 thousand tons. In January-July the company produced 1976 thousand tons of pig iron, 2226.7 thousand tons of steel and…
DetailsIn late July the Demidov Group of Companies increased all its prices by 3%. That was the second price increase in July. The company explains that the unscheduled price increase was the result of the thinning of the stocks as well as a sharp increase of rolled sheet prices from local manufacturers and importers. In…
DetailsAsha Iron and Steel Works is assembling a new electric muffle furnace at its sheet-rolling shop No. 3. When the new machinery is put into operation, the cycle of thermo-chemical treatment of bands of heat- and corrosion-resistant steel and alloys produced at the company will be complete. The workspace of the furnace is 750 mm.…
DetailsMagnitogorsk Iron and Steel Works will replace converters at its oxygen converter shop. The project is expected to be complete this year. All the equipment will be supplied by Novokramatorsk Machine-Building Works (Ukraine). NKMZ has already shipped the equipment of the converter bulk. At present the works is manufacturing the third bulk of a converter.…
DetailsThe supervisory board of Komsomolskoye Mine Group, a part of Metinvest, has cancelled the office of the acting CEO Alexander Dakhnovsky, having appointed the Krasnodonugol financial director Valentin Kononov to this office instead. According to the company statement, the decision was taken at the board meeting on July 28. Dakhnovsky has been the acting CEO…
DetailsTownship-forming coal enterprises of Toretsk (Donetsk region) are under threat of closing. The city authorities ask the government to influence the situation. The main labor office of the region has refused to approve of Toretskugol mining program for Q3. This makes it impossible for the company to mine for coal at Tsentralnaya and Toretskaya mines.…
DetailsDCH, which has recently purchased Evraz Sukhaya Balka from Evraz, on the latest meeting of shareholders decided not to change the name of the enterprise, as was suggested earlier. “For a time being the name remains the same. But we still have plans to change it. But on another shareholders’ meeting”, a company representative reported.…
DetailsVolnogorsk Mining and Metallurgical Combine has ordered Imex Minerals LLC the delivery of large trucks valued at 61.5 million UAH. This year the company has to supply 7 new BelAZ-755V quarry dump trucks with the lifting capacity of 55 tons produced not earlier than 2012 at 8.79 million UAH apiece. Earlier the works has ordered…
DetailsEnergomashspetsstal will supply a large batch of billets to EschmannStahl GmbH & Co. KG (Germany). The batch will include 29 mechanically treated parts to be used as tooling to produce moulds. The weight of the products will be 250.5 tons. According to the contract all the products must be delivered in September-December. The companies have…
DetailsMMK-Metiz quality management system has successfully passed the audit for the correspondence to ISO 9001:2015 and ISO/TS 16949:2009.
According to the company statement, the system has been checked by TUV Nord Cert experts.
MMK-Metiz was certified according to ISO 9001 back in 2006, and according to ISO/TS 16949 in 2007. (Ukrainian metal)
The Eurasian Economic Committee intends to impose a 5-year antidumping duty on Ukrainian hot-rolled angles in the amount of 37.89%. “The price of goods originating from Ukraine in 2013-2016 was lower than that of the manufacturers by 6.9% on average. The share of imports increased by 7% YoY in 2015. This is enough to impose…
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