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Pobuzhye Ferronickel Plant will invest $6.4 million in the reconstruction of its gas-purifying equipment. In particular, the company has started working on the project to reconstruct the third stage of gas-purifying equipment. The company has already installed a reserve smoke-exhaust system. The cost of assembly reached 300 thousand UAH. (Ukrainian metal)
DetailsThe State Property Fund was able to replace the director of Zaporozhye Titanium and Magnesium Works LLC based on a decision taken by the Cabinet of Ministers back in February. “Last week we returned Centerenergo to the state, and now have secured state control over ZTMK. The Unified registry of entities now has information about…
DetailsDneprovsky Iron and Steel Works has resumed shipping metal after more than 6 months of idleness. The company has sent out 167 carriages with sinter from the Goryainovo and Kaydakskaya stations. On June 10, DMZ plans to ship 13 thousand tons of metal products (220 carriages) from the Kaydakskaya station. The batch will comprise channel,…
DetailsMany coalmines are closed in the temporarily occupied territories of Donbas, and a large number of local residents become unemployed. The closure of Ukrainian coalmines is beneficial for the Russian Federation, which wants to trade its own coal, Vice Prime Minister – Minister for the Temporarily Occupied Territories of Ukraine Oleksiy Reznikov has said. “The…
DetailsDuring the coronavirus quarantine lockdown, Metinvest enterprises carried out 21 capital repairs of machinery and mastered manufacture of 16 new types of products, having spent 331 million UAH on modernization. In particular, Azovstal repaired 16 main machines. Investments totaled 126 million UAH. Mariupol Ilyich iron and Steel Works finished 5 capital repairs of main and…
DetailsIn January-March, Interpipe Nizhnedneprovsk Pipe-Rolling Plant received 255.8 million UAH of net losses as opposed to a net profit of 812.7 million UAH in Q1 2019. Consolidated net income decreased by 8.7%, to 3.116 billion UAH. Undistributed profit totaled 3.648 billion UAH. Interpipe NTZ produces welded pipes with the diameter of 152 to 530 mm.…
DetailsIn May, Zaporizhstal produced 321.5 thousand tons of steel, down by 6% YoY. Rolled metal manufacture dropped by 7.8%, to 269.1 thousand tons, while that of pig iron grew by 16.9%, to 391.7 thousand tons. In January-May, Zaporizhstal produced 1795.1 thousand tons of pig iron (-2% YoY), 1504.2 thousand tons of steel (-12.1%) and 1287.8…
DetailsAccording to preliminary data, in May Ukraine produced 1.62 million tons of steel, down by 11.1% YoY. Pig iron manufacture dropped by 0.9%, to 1.66 million tons, and rolled metal – by 17.1%, to 1.43 million tons. In January-May, Ukraine produced 8.28 million tons of steel (-10.7% YoY), 8.15 million tons of pig iron (-6.6%)…
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