As of August 16, importers of pipes to Ukraine have used 87.04% of the annual quota for the supply of steel seamless casing pipes with up to 406.4 mm diameter. According to the Ministry of economical development and trade, the quota from October 1, 2015 till September 30, 2016 is 19505 tons. As of August…
DetailsIn January-June Metalloinvest received $428 million of net profits, down by 17.2% YoY. According to the company statement, its revenues dropped by 20.8% YoY, to $1931 million. EBITDA decreased by 38.9%, to $533 million. Net debts remained on the December 31, 2015 level at $3851 million. The company believes the drop in its finances has…
DetailsThe state enterprise Ukrpromvneshexpertisa forecasts in September average iron ore raw materials price (Australian Fe 62% ore at CFR China) will fall by 6.8% MoM, or by $4 per ton, to $55 per ton. “In August the price totaled $59 per ton. We believe in September it will fall to $55 per ton and lower”,…
DetailsIn January-June Mezhdurechensky Mining and Processing Works and Valki-Ilmenit, both parts of Group DF and situated in Zhitomir region, produced 94 thousand tons of ilmenite concentrate. “Output depends solely on the ilmenite buyers demand and contracts concluded. There is a slight decrease in mining YoY. But we are interested to mine only what we need,…
DetailsThe Russian Natural Resource and Environment Ministry plans to solve all disagreements on the sales terms of the Sukhoi Log gold deposit with the Federal Antimonopoly Service in September, Minister Sergei Donskoi said. “We had a meeting in the White House, there are still disagreements with the Federal Antimonopoly Service. But on the other hand,…
DetailsIn January-June Zaporozhye Iron Ore Complex invested 174.41 million UAH into its development.
According to the company statement, the money was mostly spent on the construction of manufacturing capacities. 622 thousand UAH were spent on repairs.
The average salary increased by 14.8% YoY, to 8823 UAH. (Ukrainian metal)
In January-June Ceramet increased its EBITDA by 4.32% YoY, or by 3.73 million UAH, to 90.06 million UAH. According to the company statement, its EBIT went up by 11% YoY, to 83062 thousand tons. The group paid over 11 million UAH of taxes, including 4.3 million UAH of income tax and 2.76 million UAH of…
DetailsAutomated Warman pumping station equipped with thickeners underflow heating unit was installed at Norilsk Concentrator. After closure of agglomeration shop of Nickel Plant one of its sections was additionally equipped with automated Warman pumping unit and thickeners underflow heating unit. Later, the section became a part of Norilsk Concentrator, which is a structural division of…
DetailsIn July Ukraine produced 6157 thousand tons of iron ore and iron ore concentrate, up by 2.8% MoM, or by 179 thousand tons. In particular, iron ore output increased by 1.2%, or by 13 thousand tons, to 1093 thousand tons, that of iron ore concentrate dropped by 3.7%, or by 192 thousand tons, to 5064…
DetailsZaporizhstal plans to finish the construction of the gas-purifying complex for its sintering machine No. 6 in October. “We have been constructing gas-purifiers for the past two years. By the end of October the construction of the sixth sintering machine gas-purifier will have been completed and the whole sintering shop gas-purifying complex will have been…
DetailsThree new fine-grinding vertical mills Vertimill VTM3000 manufactured by Metso Minerals are under commissioning at Talnakh Concentrator, Polar Division of Nornickel as a part of introduction of new technology for high-grade and cupriferous ores enrichment. The equipment is unique for both Polar Division of the company and Russian operations. VTM3000 will be the first application…
DetailsArcelorMittal Kriviy Rih has dismissed Ashokkumar Sitaram Sonthalia from the office of the financial director, chief accountant and appointed Pavel Zadorozhny acting FD instead. According to the company statement, Sontalia resigned. He has been in the office since June 2012. He owns no company shares. Zadorozhny has been appointed for an indefinite time and he…
DetailsThe state enterprise Ukrpromvneshexpertisa forecasts the ferrous scrap procurement in 2016 on the level of 3.3-3.5 million tons. In H1 Ukraine exported 233 thousand tons of scrap, in H2 after the export is unblocked due to the scrap export duties increase from 10 euro to 30 euro per ton, Ukraine will additionally export some 300-400…
DetailsConstruction of trestle for crane altitude change is in the progress in the main building of the smelting shop of Kola MMC (Nornickel subsidiary) in township of Nickel. The engineering structure is necessary for repair of main hoisting-and-conveying equipment. Three overhead cranes operate in main aisle of the smelting shop. They are responsible for charging…
DetailsIn July Ukraine produced 2059 thousand tons of steel, up by 12.5% MoM, or by 229 thousand tons. In January-July steel output went up by 10.4% YoY, or by 1358 thousand tons, to 14476 thousand tons. In June Ukraine produced 1830 thousand tons of steel, down by 20.7% MoM, or by 477 thousand tons. In…
DetailsMariupol Ilyich Iron and Steel Works has finished repairs of its sintering machine No. 4. According to the company CEO Yuzi Zinchenko the overhaul was completed in 30 days. In 2015 the works received 1.58 billion UAH of losses, having increased its net income by 11% YoY, or by 3.11 billion UAH, to 31.54 billion…
DetailsEnergomashspetsstal plans to supply back-up rolls with the total weight of over 140 tons to the iron and steel works of ArcelorMittal in France and Germany. In particular, Ukrainian rolls will go to АМ Atlantique et Lorraine – Florange and АМ Eisenhuttenstadt. They will be used in two different cold-rolling mills: continuous-casting and temper mill.…
DetailsNLMK Group, an international steel company with operations in Russia, the United States, and the European Union, has signed an additional agreement to its contract with Novatek for the supply of natural gas to the Lipetsk site. Similar additional agreements to contracts for the supply of natural gas to NLMK Group’s other key Russian production…
DetailsAzovstal Iron and Steel Works has put its blast furnace No. 6 into operation after capital repairs valued at 60 million UAH. “The furnace was put on hold for an overhaul on July 25”, said the company CEO Enver Tsikishvili. The repairs lasted for 22 days. In 2015 Azovstal received 1.83 billion UAH of losses,…
DetailsThe state enterprise Ukrpromvneshexpertisa believes local ferrous scrap prices will fall in Q4 by 4.76% QoQ, or by 170 UAH per ton, to 3.4 thousand UAH per ton. “In Q3 the average price will total 3570 UAH per ton, and will drop to 3.4 thousand UAH in Q4”, says the enterprise marketing department head Yuri…
DetailsIn July Ukraine produced 69 thousand tons of steel pipes, up by 1.5% MoM, or by 1 thousand tons. In January-June steel pipes output dropped by 5.8% YoY, or by 29 thousand tons, to 467 thousand tons. In June Ukraine produced 68 thousand tons of steel pipes, down by 4.2% MoM, or by 3 thousand…
DetailsRepair of flue gas stack No. 1 and restoring repair of main smelting unit, Vanukov furnace No. 2, commenced at Copper Plant. Activities will last for ten days. According to the production process the repair of flue gas stack (treated off-gas from Vanukov furnaces is discharged through stack No. 1) is associated with repair of…
DetailsIn July Ukraine produced 2075 thousand tons of pig iron, up by 17.6% MoM, or by 310 thousand tons. In January-July pig iron output increased by 16.3% YoY, or by 1965 thousand tons, to 14002 thousand tons. In June Ukraine produced 1765 thousand tons of pig iron, down by 21.4% MoM, or by 481 thousand…
DetailsIn July Zaporozhye Ferro Alloys Plant produced 24.7 thousand tons of ferroalloys, up by 0.8% MoM, or by 0.2 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in January-July ZZF ferroalloys output dropped by 11.1% YoY, or by 20 thousand tons, to 159.8 thousand tons. In June the works produced 24.5 thousand tons…
DetailsIn January-June Ceramet processed 210.46 thousand tons of scrap valued at 987.91 million UAH. According to a company representative, in Hungary Ceramet processed and sold 121.47 thousand tons of scrap, with 22.94 thousand tons in Poland and 66.05 thousand tons in Ukraine. In H2 the company intends to procure 420 thousand tons of scrap. In…
DetailsEnergomashspetsstal has received an order from Eurohuolinta Oy (Finland) for the delivery of 30 rolls. “The billets will be used to produce electric engines. The products will be fully treated at EMSS. The weigh of the rolls will total 168 tons”, said the company in its statement. The products will be supplied in autumn. In…
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