In January-May, Korshunovsky Mining and Processing Works received 1.227 billion rubles of net profit, up 5.7-fold YoY. Revenue grew 2.2-fold, to 3.675 billion rubles. Gross profit increased 18.5-fold, to 1.572 billion rubles. Fixed liabilities dropped from 352.6 million rubles as of December 31, 2018, to 337.8 million rubles, while current liabilities grew from 2.047 billion…Details
More in Russian
Dear Sirs !
Thank you for the attention to Ukrainian Metal
Ukrainian Metal is the informational portal. We don’t sell nor buy metal, we just provide information for those who do.
If you want to buy or sell mining-metal products (steel, rolling, stainless, scrap, raw material, ore, iron, pipe, tube, BOF, metallurgy, metal, ferroalloy, alloy, channel, beam, section, coil, wire rod, sheet, plate, slab, bloom, l-section, h-beam, silicium, manganese, chrom, ferrous, non-ferrous, copper, alumina, aluminium, nikel, tungsten, cast, ) in Ukraine, place your offer here – https://metalukraine.com/trade-board. It is FREE.
Or you can
Metalloinvest has elected a new board of directors. In particular, the board now features Ivan Streshensky (chairman), Andrey Varichev, executive director, Vakhtang Kocharov, executive director, Pavel Mitrofanov, non-executive director, Gleb Kostikov, non-executive director, Irina Lupicheva, non-executive director, Valeriy Kazikayev, independent non-executive director, Galina Aglyamova, independent non-executive director, and Dmitry Tarasov, independent director. Vakhtang Kocharov has…Details
According to World Steel Association (WSA) April report, this year world steel demand will grow by 1.3%, to 1735 million tons. Next year the growth will continue (by 1%), to 1752 million tons. In the CIS countries the steel demand will increase by 1.4%, to 57 million tons. And in 2020 it will grow by…Details
The Belarusian steel mill BMZ and Turkish companies signed framework agreements on supplying metal products worth over $14 million during a Belarusian-Turkish business forum in Ankara on April 16. The agreements were signed by Director General of OAO BMZ – Managing Company of the Holding Company BMC Anatoly Savenok. In particular, BMZ intends to ship…Details
Trubodetal has successfully mastered the manufacture of pipeline joint parts with silicate-enamel coating. Such joints can withstand high temperature and their service life is 50 years. Pipes and joints with silicate-enamel coating are used to transport oil with high hydrogen sulfide content. (Ukrainian metal)Details
In January-March, MMK decreased steel output by 1.3% YoY and by 0.2% QoQ, to 3.107 million tons. Pig iron manufacture decreased by 0.3% YoY and by 6.3% QoQ, to 2.396 million tons. Sales dropped to 2.782 million tons, by 5.2% QoQ and by 1.6% YoY. High added value products sales in Q1 remained almost on…Details
Kirov Non-Ferrous Metals Processing Works has started modernizing an ILK-1.6 smelter in its smelting shop. The furnace will get a new foundry machine for bulk ingots. At present the smelter can produce flat ingots with the width of 800-1000 mm as well as cylinder ingots with the diameter of 400-650 mm. But when the molten…Details
Highland Gold Mining has postponed the commissioning of the Kekura gold ore deposit in Chukotka from 2021 to 2023. Last year the reserves were estimated at 2 million ounces of gold with the average content of 7 g per ton. According to the development plan, in the first 8 years of operation the average gold…Details
Several days ago, contractual organizations started the reconstruction process of the parkway along Metalurgiv Avenue, from the intersection of Sobornosti Str. and Metalurgiv Avenue to the intersection of the avenue and Vadima Hurova Str. Yurii Vilkul, Kriviy Rih Mayor, representatives of the contractual organizations, and Yuliia Chermazovich, Head of the Charitable Foundation of ArcelorMittal Kriviy…Details
In January-March, Krivoy Rog Iron Ore Industrial Complex mined 1.005 million tons of ore, down by 17.9% YoY. In March the output totaled 353 thousand tons, up from 283 thousand tons in February. In 2018 the enterprise decreased iron ore output by 9.7% YoY, to 4.581 million tons. (Ukrainian metal)Details
In January-March, Chukotka Autonomous District mined 110 thousand tons of coal, down by 40% YoY. The decrease has to do with the scheduled drop in mining at the Fandyushkinskoye deposit. In 3 months Beringpromugol LLC, operating at the deposit, mined 76.9 thousand tons of coal, down by 45% YoY. The second coalminer – Shakhta Ugolnaya…Details
The European Commission has started another investigation of ferrosilicon imports from China and Russia. The previous antidumping duties, imposed in April 2014, have expired. The initiative to start a new investigation came from Euroalliages. The association believes that the cancellation of duties will result in new dumping deliveries and damages to the European companies. Duties…Details
In January-March, VIZ-Stal produced 43 thousand tons of transformer steel, on par with Q1 2018. Capacities were 100% loaded. Sales grew by 5%, to 43 thousand tons. Exports accounted for 87% of sales. The key markets were India, Near East and North America. (Ukrainian metal)Details