The annual effect of natural gas savings in the blast furnace shop at the Mariupol Ilyich Iron and Steel Works has exceeded 2.6 million UAH. “The authors of the invention are the workers of the blast furnace shop and technical management. They have found a way to decrease natural gas consumption”, said the company CEO…
DetailsEnergomashspetstal will produce a forming roll for ArcelorMittal Galaty (Romania). According to the company statement, the billet for the production of the forming roll weighing 355 tons has been made in the arc-furnace shop. The forming roll will be completed by November. The net weight of the product after treatment will reach 160 tons, while…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 253 622 362 362 March 269 622 362 362 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsEneromashspetsstal will produce equipment for Starokramatorsky Machine-Building Works. In particular, EMSS will produce four spare parts weighing 53 tons. “We plan to deliver the upper drum, the bottom sprocket and the gear in the third quarter”, said the company in its statement. SKMZ specializes in the production of processing, precision, press-forging and materials-handling machinery. (Ukrainian…
DetailsYuzhniy Mining and Processing Works has given 10.1 million UAH for beautification of Kriviy Rih and social projects in 2016. “We have been signing agreements on social partnership with UGOK for 6 years in a row. The present agreement covers three districts”, said the city mayor Yuri Vilkul. According to the company CEO Konstantin Fedin,…
DetailsNorilsk Nickel announces changes in the company’s management structure, which are aimed at the improvement of Norilsk Nickel’s performance. A new position of senior vice president is introduced into the company’s organizational structure. Andrey Bougrov holds the position. Furthermore, the following persons are appointed to the positions of senior vice presidents – heads of units:…
DetailsIn 2016 Yasinovskiy By-Product Coke Plant plans to get 980 million UAH worth of orders. According to the company statement, it also expects to receive 285 million UAH of losses. Capital investments are expected on the level of 22 million UAH. The money will be spent on equipment and machinery repairs. In 2015 the works…
DetailsShareholders of Mariupol Ilyich Iron and Steel Works have decided to increase the supervisory board from 1 member to 5. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all of them top-managers at Metinvest Holding) and Julia Samoylova (chief legal advisor on corporate finances) have been appointed to the supervisory…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 25 31 19 21 March 28 35 30 32 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn 2015 Dniepropetrovsk Metal Construction Works named after Babushkin received 155.32 million UAH of losses, up by 29.8% YoY, or by 35.63 million UAH. According to the company statement, its net income fell by 40.3% YoY, or by 21.64 million UAH, to 32.03 million UAH. Its assets totaled 258.41 million UAH, with accounts receivable on…
DetailsIn early May Donetsk Iron and Steel Works put its blast furnace #1 into operation. It’s a complex process, and at any moment it could be stopped because of the raw materials supplies instability. Alchevsk Iron and Steel Works also intended to put a blast furnace into operation, but wasn’t able to do it. The…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 410 410 362 362 March 410 410 362 362 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn 2015 ArcelorMittal Kriviy Rih invested over $200 million into development. “If we take the highly unstable exchange rate into account, then we have invested more that $200 million”, said the company CEO Paramjit Kahlon. According to him the works has finished the construction the pulverized coal injection complex at its #9 blast furnace, overhaul…
DetailsIn April Zaporozhogneupor increased molded refractories output. In particular, according to the company statement, its high-aluminous wares output went up by 110%, that of calcinated chamotte – by 58%, of concretes – by 45%, all YoY. All in all in April the works produced 1111 tons of high-aluminous wares, 3399 tons of calcinated chamotte, 294…
DetailsMetinvest Group has decided to change the ownership type of its Azovstal, Mariupol Ilyich Iron and Steel Works, Yenakievo Iron and Steel Works, Khartsyzsk Pipe Works, Avdiidka Coke and Chemical Works, and Central Mining and Processing Works from public to private joint-stock companies. “All the companies have held shareholders meetings and decided on changing the…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 266 404 231 263 March 267 426 243 263 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsThe Commercial Court of Kiev stated that the Industrial Union of Donbass companies debt to Metinvest Holding was 8.46 billion UAH, while Metinvest claimed 24.51 billion UAH. The court has decreased Metinvest claims in all three suits: two to Dneprovsky Iron and Steel Works named after Dzerzhinsky and one to Alchevsk Iron and Steel Works.…
DetailsThe Industrial Union of Donbass Corporation and its companies from Lugansk region have been reregistered on the territory controlled by the Ukrainian government. “Following the shareholders meetings at Alchevsk Iron and Steel Works, Alchevsk By-Product Coke Plant and Ecoenergia, all the companies have been reregistered at Severodonetsk, that is under control of Ukraine. The companies…
DetailsMechel announces that Glass Lewis and ISS, independent proxy advisory firms, have recommended Mechel shareholders to vote to approve the deals with creditors at the company’s extraordinary general meeting scheduled for May 26. Glass Lewis and ISS recommended that Mechel shareholders approve of the transactions on providing and changing suretyships and pledges provided by the…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* min max min max February 37 43 44 51 March 40 46 64 68 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.03.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsIn 2015 Zaporizhstal received 1.8 billion UAH of net profits, up by 61% YoY, or by 684.3 million UAH.
According to the company statement, its net income last year went up by 41.99% YoY, or by 9.28 billion UAH, to 31.39 billion UAH. (Ukrainian metal)
In 2015 Novotroitsk Mine Group received 181.56 million UAH of net profits.
According to the company statement, its net income increased 2.8 times YoY, or by 282.79 million UAH, to 439.68 million UAH. (Ukrainian metal)
Shareholders of Zaporozhkoks have changed the ownership of the company from public to private joint-stock company.
This has been done based on the Decree “On joint-stock companies”. The shareholders have also stipulated the new articles of the organization that came into effect on May 1. (Ukrainian metal)
Month Russian market, $/t, EXW, without VAT, $1/RUR67.6076* Ukrainian market, $/t, without VAT, EXW, $1/UAH26.218056* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max min max February 305 615 271 279 265 295 260 270 March 305 615 273 318 360 385 340 380…
DetailsShareholders of Yenakievo Iron and Steel Works have increased the number of the supervisory board members from 1 to 5. Metinvest B.V. (the Netherlands) was dismissed from the board, and Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all of them being representatives of Metinvest B.V.) and Sergey Korenitsin (an independent director) were appointed instead,…
DetailsIn 2015 Yasinovskiy By-Product Coke Plant received 357.01 million UAH of losses, up by 61% YoY, or by 135.2 million UAH.
Last year the company decreased its net income by 40.68% YoY, or by 785.05 million UAH, to 1144.55 million UAH. (Ukrainian metal)