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ArcelorMIttal Kriviy Rih has dismissed three members of the supervisory board ahead of time. Among them is the ex-head of the President Secretariat Oleg Rybachuk. According to the company statement, Frantisek Chowaniec and Gerhard Renz have also been dismissed. At the same time ArcelorMittal Berislav has dismissed Wilhelmer Michael from the office of the supervisory…
DetailsThe state enterprise “Ukrpromvneshexpertiza” believes scrap prices to fall in the summer period. Local prices will be on the level of 3300-4100 UAH per ton till mid-July, and 3300-3800 UAH per ton till mid-August. HMS 1&2 CIF Turkey will cost $210-250 per ton. In May – early June scrap price dropped from $325 per ton…
DetailsIn May Ukraine received 301 thousand tons of scrap while it needed 375 thousand tons. “Scrap deficiency went up 2 times YoY from the year start”, said Interpipe finance director Denis Morozov. The company explains increase of the scrap deficiency in May with the activization of exports. Despite the court decree 113 thousand tons of…
DetailsIn May Ukraine exported $65.93 million worth of ferroalloys, while imports reached $6.1 million. According to the State Fiscal Service, Italy was the largest importer of Ukrainian ferroalloys in May ($15.97 million). In January-May Ukraine exported $274.03 million worth of ferroalloys, with imports on the level of $31.03 million. (Ukrainian metal)
DetailsThe supervisory board of Trubostal has dismissed Vladimir Dzyuba from the office of the general director and appointed Vladimir Sparinyak, who previously worked as the sales director of Metinvest SMC. Dzyuba was appointed on February 1, 2015. Sparinyak has been appointed till December 31, 2016. In 2015 Trubostal received 4 million UAH of net profits,…
DetailsIn May Ukraine produced 71 thousand tons of steel pipes, down by 1.4% MoM, or by 1 thousand tons. According to Metallurgprom, in January-May pipe output decreased by 10.3% YoY, or by 38 thousand tons, to 330 thousand tons. (Ukrainian metal)
DetailsIn May Ukraine exported $32.8 million worth of pig iron, while imports were on the level of $0.06 million. According to the State Fiscal Service, Turkey was the major importer of Ukrainian pig iron in May ($14.49 million). In January-May Ukraine exported $152.84 million worth of pig iron, with imports at $0.24 million. (Ukrainian metal)
DetailsNLMK Group has extended the management board of NLMK International B.V., a holding company for NLMK’s international assets. The number of board members has been increased to five with the appointment of Mr. Cornelius Louwrens to the newly introduced position of director of operational efficiency. Mr. Louwrens has over 20 years’ experience in senior positions…
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