Ukraine: Evraz Sukhaya Balka ore output down in January-August 2016

In January-August Evraz Sukhaya Balka produced 1.86 million tons of iron ore, down by 1% YoY.

In August iron ore output totaled 327 thousand tons, up from 232 thousand tons in July.

In 2015 Evraz Sukhaya Balka produced 2.81 million tons of iron ore, down by 2.7% YoY. (Ukrainian metal)

Ukraine: Interpipe-Steel output up in January-August 2016

In January-August Interpipe-Steel produced 401 thousand tons of steel, up by 1.5% YoY.

In August the works smelted 45 thousand tons of steel, down from 53 thousand tons in July.

The company confirmed problems with ferrous scrap supplies. (Ukrainian metal)

Ukraine: EMSS to produce equipment for ISD Dunaferr

Energomashspetsstal has concluded a contract to produce machinery for ISD Dunaferr (Hungary).

EMSS will produce 5 slag ladles with the volume of 11 cubic meters. The weight of the lot will be 82 tons. The products will be shipped to the buyer in November.

Energomashspetsstal has been producing slag ladles since 1987. (Ukrainian metal)

Ukraine: miners demanding 890 million UAH

According to the Independent miners union of Ukraine, the state owes 890 million UAH to miners, or $33.4 million. Earlier the minister of energy and coal industry Igor Nasalik claimed the debt was 355 million UAH ($13.3 million). “This is not true, as some state-run coal companies still have December 2015 salary debts. According to…


Ukraine: AMKR assembles new equipment in converter shop

ArcelorMittal Kriviy Rih is updating its converter No. 6, having installed the slag control manipulator. The new equipment will decrease manufacturing expenses and improve steel quality. The manipulator was supplied by Monocon. The same equipment has already been assembled at converter No. 5. After it was put into operation the slag layer in the steel…


Ukraine: Ilyich-Stal sells insurer

Ilyich-Stal, a part of Metinvest, has sold 29.837 thousand shares or 99.45% of Ilyichevskoye insurance company. The company had 10 deals of 2730 shares each and one deal with 2537 shares. Ilyichevskoye has been working on the insurance market of Ukraine since 2005. It has 30 licenses. In H1 the company increased payment received by…


Ukraine: VostGOK orders ore transportation

The state enterprise Vostochny Mining and Processing Works has ordered Temp LLC transportation of uranium ore valued at 5.78 million UAH. By December the company will have to transport 45 thousand tons of uranium ore from Novokonstatninovskaya mine to Ingulskaya mine (around 55 km). Temp has been monopolizing VostGOK transportation tenders since September 2011 –…


Russia: platinum and palladium output down in H1 2016

In January-June Russia produced 12.74 tons of platinum, down by 7.6% YoY. Palladium output dropped by 1.1%, to 42.34 tons.

In particular, Nornickel produced 10.35 tons of platinum and 41.36 tons of palladium, down both by 2% YoY. (Ukrainian metal)

Ukraine: Metinvest takes the lead among Ukrainian companies in Europe TOP-500 ranking

Metinvest Group ranks first among Ukrainian companies that have been included into Central and Eastern Europe TOP-500 list. The companies were ranked by the international audit company Deloitte based on their 2015 consolidated revenues. According to the survey, the majority of CE countries saw economic growth, and the only country whose economy shrank in 2015…


Ukraine: EMSS starts producing new goods for shipbuilding

Energomashspetsstal has started producing a new ware – Hall’s anchor for various vessels. This is the first time that the works produces such anchors.

The first three anchors have already been shipped to the buyer.

The 10-ton anchors were tested in the steel shop. (Ukrainian metal)