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Ufaleinickel will halt its operation on April 1. The corresponding decision has been taken by the shareholders because of the unfavorable financial and economical situation. The employees will be sent in idle vacation with 2 thirds of the average salary. The company started experiencing problems after the world nickel prices dropped and coke prices increased.…
DetailsSergey Plichko, the deputy financial director, deputy chief accountant on finances has been appointed the new acting financial director, chief accountant of ArcelorMittal Kriviy Rih. For the past 5 months the acting financial director, chief accountant has been Igor Kublitsky, though his appointment has to end on June 30. Sergey Plichko has been appointed till…
DetailsVSMPO-Avisma has increased its business-plan for 2017 by 11.5% as compared with the plan for 2016. According to the company statement, all the titanium divisions have enough orders. The company also implements a new planning tool. “The idea is that we will be able to see the production picture more clearly and we will know…
DetailsIn 2016 the Warehouse complex of ChTPZ sold over 265 thousand tons of pipes of Chelyabinsk Pipe Works and Pervouralsk Pipe Plant. In May 2016 a new, 14th, subsidiary of the Warehouse complex was opened in Bataisk, Rostov region. In 7 months it has sold around 4 thousand tons of pipes. A centralized logistics service…
DetailsIn January, according to the railways statistics, direct deliveries of ferrous scrap to the Magnitogorsk Iron and Steel Works totaled 98 thousand tons. This is down by 42.7% MoM, but up almost 5 times YoY. This is also the highest result for January for the last 10 years. And MMK is still the leader in…
DetailsDear Sirs! You can put your ad under each post on Ukrainian Metal (UM) website – https://metalukraine.com/ (one line of your ad with one active hyperlink). For more information, please, visit https://www.business.dp.ua/me/metalasite.htm. Regards, UM.
DetailsIn January Russia produced 4.3 million tons of steel, up by 11.5% YoY, but down by 3.6% MoM. Pig iron output grew by 4.6% YoY, to 4 million tons, with rolled metal production up by 3.2%, to 4.5 million tons. According to Rosstat, steel pipes manufacture increased by 13.4%, to 0.442 million tons. (Ukrainian metal)
DetailsIn January raw zinc output in Russia increased by 1.2% YoY. According to the Federal Service of State Statistics, on the other hand the January result was 9.4% below the December 2016 result. (Ukrainian metal)
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