Kyrgyzstan to construct a copper works

Kyrgyzstan is deciding on construction of the copper-smelting works, according to the State committee on industry, energy and soil.

To process concentrate the construction of the copper works and the implementation of the new technologies are needed, which are currently absent in Kyrgyzstan. (Ukrainian metal)

Ukraine: Chervonogradskaya Factory returned to state ownership

The privatization of the Chervonogradskaya central processing factory has been named illegal, and the Lviv regional commercial court of appeals returned its assets to the state ownership. After the privatization in 2008 and the creation of the Lviv Coal Company the state controlled 37.58% of shares in the new company, with 62% controlled by the…


Russia: MMK modernizing plate capacities

Magnitogorsk Iron and Steel Works has decided to modernize its continuous casting machine No. 6 and the 5000 plate mill in order to start producing hot-rolled metal of the 350 mm thick slab. The project, including modification, assembly and putting into operation, is expected to be finished this year. At present the CCM No. 6…


Ukraine: pig iron exports down in February 2017

In February Ukraine exported $31.203 million worth of pig iron, with imports on the level of $0.223 million. According to the State Fiscal Service, the main importer of Ukrainian pig iron in February was Italy ($10.166 million). In January-February Ukraine exported $99.642 million worth of pig iron, while imports totaled $0.286 million. Pig iron exports…


Russia: Taltech to increase coal output

The authorities of the Kemerovo region and the Taltech group have signed an agreement on the socio-economical cooperation in 2017. This year Taltech intends to increase coal output by 13.5%, to 4.2 million tons. Investments of 300 million rubles will be spent on engineering and construction of enterprises as well as the purchase of new…


Russia: steel structures output down in January-February 2017

In January-February Russia produced 580 thousand tons of steel structures and parts, down by 14.5% YoY.

According to the Federal Service of State Statistics, in February steel structures output increased by 18.8% YoY and by 14.8% MoM. (Ukrainian metal)

Ukraine: AMKR to invest $400 million in overhauls in 2017

In 2017 ArcelorMittal Kriviy Rih will invest some $400 million into the capital repairs of its premises and machinery. “Around 70% of projects is the modernization of techniques and the improvement of the environment”, the company CEO Paramjit Kahlon said. In particular, capital investments will total $250 million. Last year AMKR invested 6.3 billion UAH…