Avdiivka Coke and Chemical Works, a part of Metinvest, and the administration of the town of Avdiivka (Donetsk region) have signed an agreement on social partnership. Financing of the social programs will total 18.1 million UAH. In 7 years of cooperation Metinvest has invested over 70 million UAH in Avdiivka development. The funds were spent…
DetailsThe modernization projects of Azovstal, Zaporizhstal and Mariupol Ilyich Iron and Steel Works have made it to the top-20 best environment programs. The rating comprised local and foreign companies operating in Ukraine. Both completed and programs in progress were taken into account. The rating is topped by Azovstal, with its blast furnace No. 3 reconstruction…
DetailsIn January-April, Ukraine mined 10.204 million tons of coal, down by 9.2% YoY. In particular, coking coal output dropped by 25.1%, to 1.618 million tons, while that of power-generating – by 5.4%, to 8.586 million tons. According to the Ministry of energy and coal industry, in April coal mining decreased by 14.9% YoY, to 2.439…
DetailsIn January-March, Beloretsk Iron and Steel Works increased metal wares sales by 3% QoQ, to 109 thousand tons. According to the company statement, sales of ball bearing wire grew by 96%, galvanized wire – by 13%, and low-carbon wire for ferroconcrete structures – by 70%. The sales of nails and steel mesh went up by…
DetailsPJSC Magnitogorsk Iron and Steel Works (MMK) and LLC Siemens, a subsidiary of the German Group of Companies Siemens AG, have signed a contract for the supply of electrical equipment for a period of three years. The joint work of the companies will be organized through the Siemens online store – Industry Mall. Through the…
DetailsArcelorMittal Kriviy Rih has finished the pre-commissioning of the upgraded automated dispatch control system for mining and conveyor equipment. The project price amounted to over UAH 16 million. The company started using the system in 2003, and in 2009 it switched it to Tetra digital data transmission system. Nevertheless, since then, ArcelorMittal Kriviy Rih has…
DetailsThe supervisory board of Yuzhkoks has stopped the office of the CEO Andrei Shabanov. Kirill Avramenko, the company CFO, has been elected acting CEO. The decisions were taken on May 22. The reason for such a decision is not explained. Shabanov was appointed Evraz Yuzhkoks CEO on December 18, 2017. On April 1, the supervisory…
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