Ukraine: miners demanding 890 million UAH

According to the Independent miners union of Ukraine, the state owes 890 million UAH to miners, or $33.4 million. Earlier the minister of energy and coal industry Igor Nasalik claimed the debt was 355 million UAH ($13.3 million). “This is not true, as some state-run coal companies still have December 2015 salary debts. According to…


Ukraine: AMKR assembles new equipment in converter shop

ArcelorMittal Kriviy Rih is updating its converter No. 6, having installed the slag control manipulator. The new equipment will decrease manufacturing expenses and improve steel quality. The manipulator was supplied by Monocon. The same equipment has already been assembled at converter No. 5. After it was put into operation the slag layer in the steel…


Ukraine: Ilyich-Stal sells insurer

Ilyich-Stal, a part of Metinvest, has sold 29.837 thousand shares or 99.45% of Ilyichevskoye insurance company. The company had 10 deals of 2730 shares each and one deal with 2537 shares. Ilyichevskoye has been working on the insurance market of Ukraine since 2005. It has 30 licenses. In H1 the company increased payment received by…


Ukraine: VostGOK orders ore transportation

The state enterprise Vostochny Mining and Processing Works has ordered Temp LLC transportation of uranium ore valued at 5.78 million UAH. By December the company will have to transport 45 thousand tons of uranium ore from Novokonstatninovskaya mine to Ingulskaya mine (around 55 km). Temp has been monopolizing VostGOK transportation tenders since September 2011 –…


Russia: platinum and palladium output down in H1 2016

In January-June Russia produced 12.74 tons of platinum, down by 7.6% YoY. Palladium output dropped by 1.1%, to 42.34 tons.

In particular, Nornickel produced 10.35 tons of platinum and 41.36 tons of palladium, down both by 2% YoY. (Ukrainian metal)

Ukraine: Metinvest takes the lead among Ukrainian companies in Europe TOP-500 ranking

Metinvest Group ranks first among Ukrainian companies that have been included into Central and Eastern Europe TOP-500 list. The companies were ranked by the international audit company Deloitte based on their 2015 consolidated revenues. According to the survey, the majority of CE countries saw economic growth, and the only country whose economy shrank in 2015…


Ukraine: EMSS starts producing new goods for shipbuilding

Energomashspetsstal has started producing a new ware – Hall’s anchor for various vessels. This is the first time that the works produces such anchors.

The first three anchors have already been shipped to the buyer.

The 10-ton anchors were tested in the steel shop. (Ukrainian metal)

Ukraine: CGOK invests 61 million UAH into pelletization factory reconstruction

Within the reconstruction of its pelletization factory the Central Mining and Processing Works has completed the first stage of the factory modernization. The company has put the Eirich batch-blending machine into operation. The new equipment costs 15 million UAH. The total investments into the project will reach 61 million UAH. The second stage is the…


Ukraine: Mariupol Ilyich to invest 120 million UAH into sheet shop

Mariupol Ilyich Iron and Steel Works has started modernizing its sheet shop 1700. The shop will receive new equipment and will see some repairs. Investments this year will total 120 million UAH. The company has concluded a contract with Novokramatorsk Machine-Building Works to produce the necessary equipment. NKMZ will produce and deliver 80 million UAH…


Ukraine: Mariupol Ilyich gas consumption down in January-August 2016

In January-August Mariupol Ilyich Iron and Steel Works decreased natural gas consumption by 29% YoY.

“Now the total consumption of the works is less than 32.5 thousand cubic meters per hour”, said the company CEO Yuri Zinchenko, adding that steel smelting grew by 5.4% and pig iron production – by 9.3%. (Ukrainian metal)

Ukraine: Zaporizhstal completing major eco-project

Zaporizhstal has halted its sintering machine No. 6 to install the new gas-purifying system.

“In 45 days the environmental project valued at 870 million UAH will be completed. In early November the sintering factory chimneys will show the result”, said the company CEO Rostislav Shurma.

Zaporizhstal started active construction works in mid-August. (Ukrainian metal)

Ukraine: steel pipes export-import in July 2016

In July Ukraine exported $39.18 million worth of steel pipes, with imports on the level of $7.59 million.

According to the State Fiscal Service, the main importer of Ukrainian steel pipes in July was Russia ($8.77 million).

In January-July Ukraine exported $226.01 million worth of steel pipes, while imports totaled $64.89 million. (Ukrainian metal)