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Energomashspetsstal has finished repairing a hydraulic press of the forging complex in the press-forging shop. Investments in the project amounted to 2.5 million UAH. The repair included the replacement of the old press management system. The work was carried out by the EMSS and Ukrmegastroy LLC specialists. (Ukrainian metal)
DetailsIn January-March, KAZ Minerals decreased copper output by 3% YoY, to 72.4 thousand tons. The company intends to produce 275-295 thousand tons of copper this year. Gold manufacture decreased by 28%, to 39.9 thousand ounces, and silver – from 793 thousand ounces to 763 thousand ounces, while zinc grew from 9 thousand tons to 9.6…
DetailsEmployees of ArcelorMittal Kriviy Rih have organized a strike demanding increase in salary and improvement of labor conditions. In particular, they want their wages to be increased by 30%. If the management does not agree with them, they could resort to more radical actions, for example an Italian strike. Earlier, AMKR reported that from May…
DetailsVerkhovna Rada, the Ukrainian Parliament, has decided to extend the current scrap export duty of 58 euros per ton for 5 more years. The decision was supported by 291 members. The extension of the duty will help save 21.5 thousand jobs and create 3.5 thousand new jobs, decrease CO2 emission and help increase GDP by…
DetailsIn January-March, Khabarovsk region yielded 4086.5 kg of gold, down by 4.4% YoY. This year, gold output is expected to reach 25.1 tons, up by 2%. Operation at alluvial sites will begin in May. (Ukrainian metal)
DetailsThe board of the Ukrtruboprom association has decided to appoint Georgiy Polskiy new CEO. In 1976-2002, he worked at the Dneprovsky Pipe-Rolling Works. He ended his work there as deputy CEO. Since 2004, Polskiy has been Interpipe NTZ chief engineer. Georgiy Polskiy started working in his new office on April 5. (Ukrainian metal)
DetailsIn January-March, Interpipe paid 590 million UAH of taxes to budgets of all levels, up by 4% QoQ. In particular, payments to the state budget amounted to 334 million UAH, to local budgets – 141 million UAH and the single tax payment – 115 million UAH. Last year, Interpipe paid 2.54 billion UAH of taxes.…
DetailsIn 2020, Zaporizhstal received a net loss of 3.68 billion UAH, down by 15.1% YoY. Consolidated net loss decreased by 19%, to 3.14 billion UAH. EBITDA dropped by 9%, to 4.5 billion UAH, and consolidated loss by 11.8%, to 3.97 billion UAH. Net income decreased by 1.9%, to 45.63 billion UAH, and consolidated net income…
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