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Aktyubinsk Rail and Beam Works has mastered and certified the manufacture of railroad rails according to a Ukrainian standard. Now the company intends to replace Ukrainian rails with its own in Ukrainian Railways purchases. An auction to buy 21 thousand tons of rails has been scheduled for October 7, and Aktybinsk Works will take part…
DetailsThe European Bank for Reconstruction and Development investment in a controversial $400-million gold mine in Armenia is to end, a new assessment by the bank’s complaint body states. For the past two years, Lydian International’s Amulsar gold mining project in southern Armenia has been under blockade by local people and environmental activists, who blocked access…
DetailsArcelorMittal Kriviy Rih invested UAH 389.2 million in environment protection in January-June. Every year, the company allocates funds for implementation of major investment projects with environment component, including repair of fixed assets intended for environment protection purposes. This year, ArcelorMittal Kriviy Rih continues reconstruction of sinter plant No. 2 to reduce dust emissions. Modernization of…
DetailsAs of early August, Nikopol Ferroalloy Plant has accumulated a monthly norm of products at its warehouses due to the absence of demand. “We’re selling twice less products than we produce. We need to construct new covered warehouses, as there are no prospects of sales increase”, the company CEO Vladimir Kutsin has said. According to…
DetailsIn July, Ukraine exported 331.8 thousand tons of pig iron valued at $89.4 million, up by 67.7% and by 43.1% YoY respectively. According to the customs statistics, in January-July exports totaled 1.8 million tons valued at $511.7 million, up by 29.1% and by 12.8% YoY respectively. USA was the main customer (57.02%) followed by China…
DetailsOn August 10, employees of Belarus Iron and Steel Works started a strike against the probable falsification of the president election. In late June, the employees informed their management that on August 10-12 they might stage a strike in case of “unfair elections”. Now they are calling the population to come and join them. The…
DetailsIn January-July, Energomashspetsstal produced 39 thousand tons of steel, up by 25.8% YoY. In July, steel output reached 6 thousand tons. This year, the company intends to double product output, to 3.7 billion UAH. (Ukrainian metal)
DetailsIn July, Dneprovsky Iron and Steel Combine produced 216 thousand tons of steel, up by 1.6% YoY. At the same time, in 7 months output dropped by 2.2%, to 1.56 million tons. In July, DMK produced 346.9 thousand tons of sinter and 197.8 thousand tons of pig iron. In 7 months, the company increased sinter…
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