Koksokhimmontazh has started constructing above ground structures to implement coal charge stamping at the coke over battery No. 5 of Altai-Koks. According to the new technique, the charge will be loaded into the coke oven not from above, but horizontally as a briquette. This year 12 objects will be built at the site. “The technique…
DetailsBeloretsk Iron and Steel Works has confirmed the quality certificates for its wire and rebars used to reinforce ferroconcrete structures. The Mosstroysertifikatsia specialists have checked the manufacturing technique, the machinery condition and participated in testing samples of the products. The certificates have been issued for 3 years with annual confirmation. BMK has been cooperating with…
DetailsSeverstal-Vtorchermet has carried out an investment project to construct a new machine – a press to make briquettes of metal shavings at the Cherepovets Iron and Steel Works. Investments in the project totaled 150 million rubles. The construction began in Q1 2018. The machinery was supplied by ATM, Austria. The machine will reach its design…
DetailsThis year Evraz intends to spend $800 million on capital expenditures and confirms 4 projects. The company is reviewing for major investment projects in Russia and North America valued at some $1.3 billion. They include the creation of the flat rolled metal manufacture at ZSMK, as well as a new 100-meter rails shop in Colorado.…
DetailsIn 2018 Metinvest enterprises paid 22.2 billion UAH to the budgets of all levels, up by 50% YoY. In particular, the group paid 11.1 billion UAH of profit tax, up by 76%. The payment of single social tax grew by 30%, to 3.1 billion UAH, and the individual income tax – by 22%, to 2.9…
DetailsIn 2018 Ukraine exported 657 thousand tons of pipes valued at $737.8 million. This is the highest result in the past 4 years. In 2015 Ukraine exported 594.1 thousand tons of pipes valued at $576.4 million. Thus, in 2018 exports grew by 9.5% and by 21.8% from 2015 respectively. Last year Ukraine exported 624.9 thousand…
DetailsStandard and Poor’s has improved the long-term loan rating of Metalloinvest from BB/Stable to BB+/Stable. The rating improvement has to do with the company debt decrease and good operational and financial results shown in 2018. S&P has also improved the ratings of the Metalloinvest Finance DAC eurobonds from BB to BB+. (Ukrainian metal)
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