The commercial court of the Dniepropetrovsk region has satisfied the claim of Spirit Finance LLC to the Yuzhniy Mining and Processing Works and decided to recover 1.3 billion UAH from the latter. In September 2017 the UGOK shareholders decided to pay dividends of 16.16 billion UAH (10.16 UAH per ordinary share). In due time the…Details
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Zaporizhstal railroad transport department employees have been awarded Metinvest CEO prizes for labor, health and environment safety. “The winners have designed a number of projects on labor safety to improve the safety of the railroad operation to the maximum”, the company said. Zaporizhstal and Zaporozhkoks have become winners in the Labor competition-2018 contest. This is…Details
Prices of gold and silver increased in Azerbaijan on June 13 compared to the previous prices. The price of gold grew by 4.0885 manats, to 2,269.245 manats per ounce. The price of silver went up by 0.0288 manats, to 25.1396 manats per ounce. The price of platinum dropped by 9.962 manats, to 1,381.488 manats per…Details
Prime Minister of Ukraine Vladimir Groysman has ordered the State Audit Service to check the formation of the coal prime cost at state mines. The order was made during the PM’s meeting with Lvivugol miners, Lviv regional and the city of Chervonograd authorities on the issue of salary debts to miners. The participants of the…Details
In January-May, Interpipe-Steel decreased steel output by 1% YoY, to 401 thousand tons. In particular, in May the company produced 91 thousand tons of steel, up from 88 thousand tons in April. Round billets manufacture grew by 15% YoY, to 973.8 thousand tons. (Ukrainian metal)Details
The Commercial court of Donetsk region has decided to start the proceedings on the bankruptcy of the DTEK Komsomolets Donbassa Mine. On May 15, 2017 DTEK reported the loss of control over its enterprises in the Russia-supported terrorist-occupied territories. Among them was DTEK Komsomolets Donbassa Mine. (Ukrainian metal)Details
Until 2024 Severstal will invest 13 billion rubles in environment projects. The fourth coke oven battery at ChMK produced its first coke after reconstruction in October 2018. Dust exhaust systems will be constructed there to decrease dust emission when producing, transporting and sorting coke. The dust emission decrease is expected to reach 700 tons. All…Details
In March, Yekaterinburg Non-Ferrous Metals Processing Works has successfully passed the re-certification audit of its quality management system compliance with ISO 9001:2015. TMS Rus, an official representative of TUV SUD in EAEU, has carried out the audit and awarded the company with a certificate valid until April 4, 2022. The audit is carried out in…Details
Chelyabinsk Iron and Steel Works has produced flanged beams for the construction of the first station of Kazan subway second line. The second line will have 12 stations. It will unite 5 city districts. Its length will be around 20 km. The hot-rolled beams have been produced at the rail and beam shop of ChMK’s…Details
At an Annual General Meeting held on June 11 in Moscow, members of the Russian Steel Association re-elected the Chairman of the Board of Directors of NLMK Group Vladimir Lisin as their President. Lisin will preside over the Association for the next two years. Anatoly Sedikh, Chairman of the Management Board of OMK, was appointed…Details
In early June, Rosterminalugol exported its 10-millionth ton of coal since the start of the year. The anniversary ton was loaded on the Redmer Oldendorff (Post-Panamax). This was the 141 vessel loaded this year. On June 10, the company set a new record of railroad car unloading – 95.4 thousand tons. (Ukrainian metal)Details
Port Ugolniy Company, a part of Tigers Realm Coal (TIG), has started navigation in the port of Beringovskiy in Chukotka. The first bulker to be loaded this year was the Densa Cougar flying the Maltese flag. The vessel will take some 50 thousand tons of coal to the Asia-Pacific region countries. The loading is made…Details
In May, Ukraine increased semi-finished steel products exports by 25.6% MoM, to 732.6 thousand tons, valued at $314.6 million, up by 39.9%. According to the State Fiscal Service, in January-May semis exports totaled 3.1 million tons valued at $1.3 billion. The semi-finished products share in the overall foreign trade reached 6.24%. Almost half of all…Details