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Interpipe has announced the launch of a new project “Business-partnership with Interpipe” for the suppliers of materials, equipment and services. The participants who will have the best ideas on the modernization and optimization of processes at Interpipe’s enterprises will be able to conclude a contract and carry out their project. Interpipe is cooperating with over…
DetailsThe Far Eastern District Department on Subsoil Use (Dalnedra) has announced three auctions to prospect for gold in the Republic of Buryatia, Primorye region and Chukotka Autonomous District. Work at each site must be carried in three stages until the end of 2023. The combined cost of the auctions is 853.05 million rubles. The first…
DetailsIn 2020, Dneprospetsstal received a net loss of 887.843 million UAH as opposed to a net profit of 78.131 million UAH in 2019. Uncovered losses amounted to 2.857 billion UAH. Current liabilities grew 2.2-fold, to 5.05 billion UAH, while fixed liabilities dropped by 66.4%, to 1.26 billion UAH. Accounts receivable decreased by 10%, to 927.061…
DetailsIn January-February, the world steel output amounted to 314.99 million tons, up by 6.64% YoY. According to Worldsteel, China is the traditional leader with 174.99 million tons produced, up by 12.9%. China’s share in the world output is 55.6%. Ukraine decreased steel manufacture by 1.1%, to 3.51 million tons, securing the 12th place among 62…
DetailsIn 2020, Ferrexpo exported 11.9 million tons of iron ore pellets. In particular, Poltava Mining and Processing Works exported 10.48 million tons and Yeristovo GOK – 1.43 million tons. Metalloinvest (Russia) exported 8.47 million tons of pellets (MGOK – 6.5 million tons and LGOK – 1.97 million tons), Severstal – 3.81 million tons and Evraz…
DetailsUnder its investment program, the Central Mining and Processing Works has spent 67.8 million UAH to buy two new BelAZs 75131 for its mining and transport shop No. 1. The company dump truck fleet now numbers 35 units. Earlier CGOK bought a Liebherr LT 1055 crane for EUR 680 thousand. (Ukrainian metal)
DetailsInterpipe has supplied a batch of UPJ-F premium pipes to Uzbekistan. The customer was Uzbekneftegaz. This was the first time that the company sold 500 tons of casing pipes to a customer in the CIS-states. In half a year, Interpipe shipped almost 2 thousand tons of various pipes to Uzbekneftegaz. (Ukrainian metal)
DetailsIn January-February, Krivoy Rog Iron Ore Industrial Complex increased iron ore output by 5.7% YoY, to 689 thousand tons. In February, the enterprise produced 359 thousand tons. In particular, the Oktyabrskaya mine yielded 56 thousand tons of ore, the Rodina mine – 114 thousand tons, Gvardeyskaya – 100 thousand tons and Ternovskaya – 89 thousand…
DetailsIn 2020, Novovolynsk Foundry received a net loss of 18.539 million UAH, as opposed to a net profit of 35.877 million UAH in 2019. Undistributed profit amounted to 163.168 million UAH. The company current liabilities decreased by 30.7%, to 8.448 million UAH, while it had no fixed liabilities. Accounts receivable dropped by 16.5%, to 22.192…
DetailsIn 2020, Dneprometiz received 33.97 million UAH of net loss as opposed to a net profit of 25.28 million UAH in 2019. Undistributed profit as of the end of last year amounted to 60.86 million UAH. Accounts receivable dropped by 3.5%, to 147.15 million UAH. Fixed liabilities grew by 22.6%, to 199.6 million UAH, and…
DetailsThis year, Dikt LLC intends to extract around 100 kg of gold at the Bolshoy Orel site in Amur region. Preparation work began on March 10. Alluvial season will start until May 1. Some 30 employees will work at the site with 9 bulldozers and 3 excavators. Last year, the output was 100 kg of…
DetailsIn 2020, Interpipe decreased its revenue by 25% YoY, to $841 million. Concorde Capital expects the EBITDA has decreased by 1%, to $257 million, due to the drop in the pipe segment by 85%, to $5 million, and in railroad products by 10%, to $171 million. The fall will be compensated for by a growth…
DetailsEnergomashspetsstal has completed another stage of producing a bulk reactor shell for the Akkuya nuclear power plant energy unit No. 3. The ingot weighing 415 tons was produced on March 2. The shell will be produced in Q3. The net weight of the shell will be 119.55 tons, diameter – 4.6 m and height –…
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