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The Antimonopoly Committee has fined Group Profitrade LLC and UKOR Engineering Center LLC for 136 thousand UAH for violations of the trade regulations. The state enterprise Lvivugol announced a tender to purchase electric engines valued at 1.7 million UAH. The committee found out that the companies prepared documents on the same printer and uploaded them…
DetailsAvdiivka Coke and Chemical Works has asked the minister of infrastructure Vladislav Krikliy, the minister of health Ilya Emts and the acting chairman of Ukrzaliznytsia Zelco Marchek to launch daily trains to Pokrovsk. As AKHZ is the enterprise with continuous manufacturing process, the coke-oven batteries cannot be shut down. Railroad is the only means of…
DetailsIn 2019, Dneprometiz received 25.24 million UAH of net profit, while in 2018 it had a net loss of 7.5 million UAH. Undistributed profit totaled 37.09 million UAH. Accounts receivable dropped by 5.4%, to 152.54 million UAH, with fixed liabilities down by 2%, to 22.01 million UAH, and current liabilities – by 26.1%, to 277.45…
DetailsIn January-February, Ukrainian by-product coke plants decreased 6% moisture metallurgical coke manufacture by 5.9% YoY, to 1.601 million tons. In February, 774 thousand tons of coke were produced. In particular, Avdiivka Coke and Chemical Plant decreased output by 172%, to 491 thousand tons (235 thousand tons in February), Azovstal – by 1.3%, to 225 thousand…
DetailsCherepovets Iron and Steel Works has modernized the capacities of the converter No. 2 in the converter steel shop. Machinery was supplied by Danieli Corus V.B., the Netherlands. New machinery will allow improving the converter efficiency, decreasing ferroalloys usage and the smelting time by 30 seconds. Until the end of the year the company intends…
DetailsAverage volumes of purchases by Severstal exceed $6 billion a year. 50% account for machinery and services, and 50% – for scrap, raw materials and energy resources. Overall the group purchases are divided into over 100 categories (ferroalloys, refractories, machinery, etc.). As Severstal investment program is growing, so are the purchasing quantities. (Ukrainian metal)
DetailsIn January, Russia exported 1.2 thousand tons of ferrotitanium, down by 21% MoM, but up by 10% YoY. Price dropped by 3%, to $2073 per ton. Deliveries to the Netherlands decreased from 985 tons to 803 tons, to China – by 69%, to 55 tons, and to Hong Kong – by 60%, to 80 tons.…
DetailsIn 2019, Mechel increased net profit by 25% YoY, to 5.33 billion rubles. In 2016, profit was 15 billion rubles, while in 2014 the company saw a loss of 3 billion rubles. Revenue dropped by 9%, to 112.99 billion rubles. Sales profit decreased from 13 billion rubles to 3 billion rubles. (Ukrainian metal)
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