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In January-April Interpipe Steel produced 192 thousand tons of steel, up by 7.9% YoY. In April the works produced 44 thousand tons of steel, with 57 thousand tons in March. Last year the company produced 596 thousand tons of steel, down by 32% YoY. Due to the absence of scrap the works was idle for…
DetailsZaporizhstal has started assembling gas-purifying equipment at its sintering machine No. 5. The machine was stopped on May 15, and the assembly is expected to finish in 45 days. “Zaporizhstal has been assembling gas-purifying equipment according to the schedule. We try to find resources for ecological modernization even today, under extremely difficult conditions. We invest…
DetailsZaporozhtransformator has concluded an agreement with ArcelorMittal Temirtau. According to the agreement, the company will produce and deliver the 110 kW transformer. The same transformer was produced and delivered to the works in 2015. “The peculiarities of the new agreement are the delivery terms – we have to ship the transformer in July. We have…
DetailsIn 2015 Zaporozhye Ferro Alloys Plant received 154.95 million UAH of losses. According to the company statement, its net income increased by 29% YoY, or by 1143.68 million UAH, to 5057.77 million UAH. (Ukrainian metal)
DetailsIn 2016 ArcelorMittal Kriviy Rih expects to see substantial financial results increase. “The price situation is improving, we can feel it. If there are no surprises, I’m sure 2016 will be much better than 2015”, said the company CEO Paramjit Kahlon. AMKR also intends to increase output by 7% YoY. (Ukrainian metal)
DetailsMechel, one of the leading Russian mining and metals companies, announces 2015 operational results. Production: Product 2015, thousand tons 2014, thousand tons % Q4 2015, thousand tons Q3 2015, thousand tons % Run-of-mine coal 23,181 22,624 +2 5,776 5,957 -3 Pig iron 4,065 3,946 +3 1,006 1,014 -1 Steel 4,321 4,269 +1 1,081 1,093 -1…
DetailsThis year Yenakievo Iron and Steel Works plans to put the pulverized coal injection system at its blast furnaces No. 3 and 5 into operation. “The machine could inject up to 240 kilograms of pulverized coal per 1 ton of pig iron, thus decreasing coke consumption”, said the company in its statement. The works also…
DetailsIndia has invited Ukrainian companies to cooperate in metal, chemical, machine-building and textile industries. “Ukraine is interested in providing services to India, in particular in construction and reconstruction of by-product coke complexes”, said Elena Balbekova, director of the international trade and economical cooperation and European integration department of the Ministry of economical development and trade.…
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