Ukraine: AMKR held shareholders meeting

ArcelorMittal Kriviy Rih hosted an annual shareholders meeting.

According to the reports, last year AMKR received 46.26 billion UAH of net income, with net profits totaling 1.38 billion UAH. Shareholders decided to spend the profits on the company development.

The shareholders meeting at AMRK is held annually not later than April 30. (Ukrainian metal)

Ukraine: EMSS to produce back up rolls for Mariupol Ilyich

Energomashspetsstal will produce a batch of back up rolls for Mariupol Ilyich Iron and Steel Works.

According to the company statement, EMSS will produce 12 back up rolls for hot- and cold-rolled mills. The total weight of the rolls to be delivered this year is 240 tons. (Ukrainian metal)

Ukraine: VostGOK ends 2015 with profits

In 2015 Vostochny Mining and Processing Works received 13.27 million UAH of profits.

According to the Ministry of economical development and trade, the company CEO salary in 2015 totaled 462.6 thousand UAH. Alexander Sorokin has been the general director of VostGOK since 2008. The company produces 3.3% of the world uranium. (Ukrainian metal)

Russia. Severstal. Annual Report 2015

[sociallocker id=7238]Russia. Severstal. Annual report 2015[/sociallocker]

Ukraine: ZALK reelects supervisory board

Shareholders of Zaporozhye Aluminum Works have dismissed Anna Matis from the office of the supervisory board chairman and appointed Natalia Pavlyuk, a representative of the State Property Fund, instead. According to the company statement, Alexei Arnautov and Jana Tikhonova, as well as the State Property Fund representatives Natalia Kharina, Irina Lepyavko, Anastasia Mankovskaya and Svetlana…

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Ukraine: coke output up in March 2016

In March Ukraine produced 1149 thousand tons of 6% moisture bulk coke, up by 7.3% MoM, or by 78 thousand tons.

According to Metallurgprom, in January-March bulk coke output increased by 35.2% YoY, or by 861 thousand tons, to 3310 thousand tons. (Ukrainian metal)

Ukraine: Stalkanat-Silur reelects supervisory chairman

The supervisory board of Stalkanat-Silur has reelected Vladimir Nemirovsky its chairman.

According to the company statement, Nemirovsky has been in this office since June 27, 2014. He owns 50% shares of the company. His office has been extended for 3 years.

Russia: Moody’s upgrades MMK rating to Ba1

Magnitogorsk Iron and Steel Works announces that Moody’s Investors Service has upgraded the company’s corporate family rating to Ba1 from Ba2 and probability of default rating to Ba1-PD from Ba2-PD. The assigned rating corresponds with the sovereign rating of Russia and brings MMK to the club of Russia’s metals & mining majors – Severstal, NLMK…

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Ukraine: Interpipe NMTZ changes supervisory board

Shareholders of Interpipe Novomoskovsk Pipe Works have changed 3 out of 7 supervisory board members. According to the company statement, shareholders have reelected Oleg Rosenberg, Denis Morozov, Maxim Paliy and Inna Lyubimenko as the supervisory board members. They have also dismissed Anna Vorotintseva, Andrei Likhomanov and Interpipe Limited, appointing Julia Sova, Ruslan Zvonenko and Oleg…

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Ukraine: steel pipes output up in March 2016

In March Ukraine produced 80 thousand tons of steel pipes, up by 48.1% MoM, or by 26 thousand tons.

According to Metallurgprom, in January-March pipe output totaled 187 thousand tons, down by 15% YoY, or by 34 thousand tons. (Ukrainian metal)

Ukraine: EMSS appoints supervisory board member

Shareholders of Energomashspetststal have dismissed Evgeny Pakermanov from the office of a supervisory board member and appointed Sergey Filatov instead. According to the company statement, Filatov worked as the deputy CEO and economy director at Atomenergomash (Russia). He owns no EMSS shares. Shareholders also reelected Andrei Nikipelov, Sergey Kuleshov, Vladimir Razin, Julia Chizhova, Sergey Udovenko,…

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Ukraine: Novogrodovskaya mine puts new breakage face into operation

The head of Donetsk regional military-civilian administration Pavel Zhebrivsky has visited the state mine 1/3 Novogrodovskaya, where a new breakage face has been put into operation.

The project cost 17 million UAH. The administration plans to mine 2 thousand tons of coal per day. The reserves will last till December. (Ukrainian metal)