A meeting of the State Commission for the Development of the Arctic Region presided by the deputy chairman of the government of the Russian Federation Dmitry Rogozin and attended by Nikolai Rogozhkin, envoy from the President of the Russian Federation in the Siberian Federal District, took place in the first two weeks of June on…Details
In May metal companies didn’t receive 79 thousand tons of scrap, according to the state enterprise Ukrpromvneshexpertisa. “Despite the decree prohibiting scrap export, the market was 79 thousand tons short. This forced metal companies to import raw materials (6 thousand tons of scrap and 18 thousand tons of hot-briquetted iron) and use too much pig…Details
Limitations of the throughput rate of the railroad stage Kamysh-Zarya – Volnovakha results in the failure with raw materials delivery to Azovstal and Mariupol Ilyich Iron and Steel Works, that have to decrease output, while Ukraine loses some $1.5 billion of revenues per year. According to Ilyich Works CEO Yuri Zinchenko, because of the lack…Details
Dneprovsky Iron and Steel Works plans to stop its blast furnace No. 9 for capital repairs on June 25.
According to the company statement, the repairs will last for 1 month.
The overhaul will see the replacement of 46 cold kilns, charging equipment, notch plugging and breaking machine and the kiln shell. (Ukrainian metal)
The state enterprise Ukrpromvneshexpertisa believes the square billet prices in July will decrease by $5-10 per ton MoM, to $300-310 per ton FOB Black Sea. Rolled metal price drop has to do with the Ramadan in the Near East and the season of vacations in Europe. The demand for the square billets on the world…Details
Kola Mining and Metallurgical Company has won the regional stage of the Best Insurer (compulsory pension insurance) competition hosted by the Pension Fund of the Russian Federation for its performance in 2015. The competition has been hosted by the Pension Fund of Russia since 2011. Its main goal is to improve social responsibility of employers…Details
In May Zaporozhye Ferro Alloys Plant produced 24.4 thousand tons of ferroalloys, up by 1.6% MoM, or by 0.4 thousand tons.
According to the company statement, in January-May it produced 110.6 thousand tons of ferroalloys, down by 13.1% YoY, or by 16.7 thousand tons. (Ukrainian metal)
In May Ukraine produced 84.7 thousand tons of manganese concentrate and sinter, up by 43.2% MoM, or by 36.6 thousand tons.
According to the Association of Ukrainian Ferroalloy Producers, in January-May manganese concentrate and sinter output decreased by 46.1% YoY, or by 221.8 thousand tons, to 259.6 thousand tons. (Ukrainian metal)
In May Ukraine imported $8.07 million worth of manganese ore, while imports reached $0.1 million.
According to the State Fiscal Service, in May Ukraine imported mostly from Australia ($2.85 million).
In January-May manganese imports totaled $31.22 million, while exports were on the level of $1.23 million. (Ukrainian metal)
The deputy minister of energy and coal industry of Ukraine Dmitry Labozhenko has discussed prospects of cooperation in modernization of state coal companies with the representatives of the State Development Bank of China. Ukraine has already received Chinese credit to modernize a Lisichanskugol mine ($85 million). In 2012 Naftogaz Ukrainy signed an agreement with the…Details
The Commercial court of Lugansk region decided to collect the debt of 742.35 million UAH from Alchevsk Iron and Steel Works for electricity provided by the Lugansk power company. According to the decree, the works has also to pay 151.43 million UAH of fines. The power company states, that Ukraine-uncontrolled territories of Lugansk region receive…Details
The Zarechnaya mine is being taken from Lvivugol. Vladimir Lokshina has been appointed the acting director of the mine. The mine was put into operation in 1970 and joined Lvivugol in 2003. According to the Cabinet of Ministers decree of 2015 the mine was included in the list of profitless companies to be shut down.…Details
Donetsk Iron and Steel Works has resumed operation after a forced delay following the partial stop of railroad connection in the ATO zone. The works has already produced 1.5 thousand tons of pig iron. At the same time Alchevsk Iron and Steel Works has been working at low capacities for a week. It produces some…Details
ArcelorMittal Kriviy Rih has started producing a new type of reinforcement steel – A400 die-rolled section rebar with 6 mm diameter according to DSTU 3760:2006. Such rebars are used in housing and industrial construction. “We have increased the range of our rolled products from 22 types to 56. The new A400 rebars have been developed…Details
ArcelorMIttal Kriviy Rih has dismissed three members of the supervisory board ahead of time. Among them is the ex-head of the President Secretariat Oleg Rybachuk. According to the company statement, Frantisek Chowaniec and Gerhard Renz have also been dismissed. At the same time ArcelorMittal Berislav has dismissed Wilhelmer Michael from the office of the supervisory…Details
The state enterprise “Ukrpromvneshexpertiza” believes scrap prices to fall in the summer period. Local prices will be on the level of 3300-4100 UAH per ton till mid-July, and 3300-3800 UAH per ton till mid-August. HMS 1&2 CIF Turkey will cost $210-250 per ton. In May – early June scrap price dropped from $325 per ton…Details
In May Ukraine received 301 thousand tons of scrap while it needed 375 thousand tons. “Scrap deficiency went up 2 times YoY from the year start”, said Interpipe finance director Denis Morozov. The company explains increase of the scrap deficiency in May with the activization of exports. Despite the court decree 113 thousand tons of…Details
In May Ukraine exported $65.93 million worth of ferroalloys, while imports reached $6.1 million.
According to the State Fiscal Service, Italy was the largest importer of Ukrainian ferroalloys in May ($15.97 million).
In January-May Ukraine exported $274.03 million worth of ferroalloys, with imports on the level of $31.03 million. (Ukrainian metal)
The supervisory board of Trubostal has dismissed Vladimir Dzyuba from the office of the general director and appointed Vladimir Sparinyak, who previously worked as the sales director of Metinvest SMC. Dzyuba was appointed on February 1, 2015. Sparinyak has been appointed till December 31, 2016. In 2015 Trubostal received 4 million UAH of net profits,…Details
In May Ukraine exported $32.8 million worth of pig iron, while imports were on the level of $0.06 million.
According to the State Fiscal Service, Turkey was the major importer of Ukrainian pig iron in May ($14.49 million).
In January-May Ukraine exported $152.84 million worth of pig iron, with imports at $0.24 million. (Ukrainian metal)
NLMK Group has extended the management board of NLMK International B.V., a holding company for NLMK’s international assets. The number of board members has been increased to five with the appointment of Mr. Cornelius Louwrens to the newly introduced position of director of operational efficiency. Mr. Louwrens has over 20 years’ experience in senior positions…Details