Ukraine: AMKR to go on with environment program

On November 3, ArcelorMittal Kriviy Rih witnessed an environment strike. 15 city public organizations went on a strike against AMKR polluting the environment. In response the company said that all its ecological projects for the past 10 years were aimed at the step-by-step replacement of the outdated machinery with more environment-friendly equipment and implementation of…

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Ukraine: CommService chairman owning Zaporizhstal shares

Chairman of the State Service of Special Communication and Information Protection Leonid Yevdochenko has declared owning Zaporizhstal shares, 13.5 thousand euro and $12.5 thousand.

In particular, he has a flat in Kiev and a land plot in Kiev region as well as 903 shares of Zaporizhstal. (Ukrainian metal)

Russia: Nornickel signs contract on sulfur project with SNC-Lavalin

PJSC «MMC «Norilsk Nickel» has signed the contract on sulfur dioxide capture project for Nadezhda Metallurgical Plant located at the company’s Polar Division with SNC-Lavalin, Canada. The Board of Directors of the company approved of the contract on November 7. The contract is divided into two phases: developing a detailed project design documentation (first phase)…

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Russia: steel structures output up in January-September 2016

In January-September Russia produced 2.6 million tons of prefabricated steel construction structures, up by 1.4% YoY.

According to the Federal Service of State Statistics, in September steel structures output went up by 3.7% YoY and by 2.2% MoM. (Ukrainian metal)

Ukraine: Evraz DMZ installs dust control system in BF3

Evraz Dneprovsky Iron and Steel Works has finished tests and put the dust control system at its blast furnace No. 3 into operation.

According to the company statement, the system has already allowed to decrease emissions by 70%.

Investments in the project totaled 2.3 million UAH. (Ukrainian metal)

Russia: Izhstal repairs steel-smelting furnace

Izhstal (a part of Mechel) has finished capital repairs of its electric arc furnace used to smelt complex-alloyed, stainless and high-speed steels. “This furnace makes high-marginal products, so we pay special attention to its state. We have plans to increase its efficiency, and we will implement them in future”, Izhstal executive director Sergey Kozennov said.…

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Russia: Bauxite Timana output up in January-September 2016

In January-September Bauxite Timana (a part of Rusal) mined 2.39 million tons of bauxites, up by 4.9% YoY.

In Q3 the company mined 911 thousand tons, up by 13.6% QoQ. (Ukrainian metal)

Russia: Rusal net profits down in January-September 2016

In January-September Rusal received $534 million of net profits, down by 35.3% YoY.

Rusal’s revenues dropped by 12.7% YoY, to $5.95 billion.

EBITDA went down by 37% YoY, to $1.07 billion.

Sales increased by 4.9% YoY, to 2.89 million tons. (Ukrainian metal)

Ukraine: VostGOK to keep output levels

In 2016-2017 Vostochny Mining and Processing Works intends to keep the last year levels of uranium concentrate output – 1 thousand tons. “We don’t have decreases in output, nor, unfortunately, increases. We’re keeping it flat and the expected volumes this year are around 1 thousand tons”, the company CEO Alexander Sorokin said. An increase in…

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Ukraine: KhZTO supplies large crane to AMKR

Kharkiv Works of Materials-Handling Equipment has supplied a claw crane to ArcelorMittal Kriviy Rih warehouse. According to the company, the crane lifting capacity is 16 tons. “Such a crane is a very expensive machinery, but it is necessary to ensure timely delivery of metal”, AMKR reconstruction and development department deputy director Sergey Nevroda said. (Ukrainian…

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Metals of Ukraine & Russia: bars (structural steel), September 2016

Month

Russian market, $/t, EXW, without VAT, $1/RUR63.16*

min

max

August

507

507

September

507

507

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)