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In January-November ferrous metals export revenue decreased by 10.8% YoY, to $8.2 billion. According to the State Tax Service, in November exports earned $596.7 million, down by 14% YoY. The decrease is explained with the overall drop in the industry. The share of ferrous metals in the exports was 18%, down by 3%. Imports in…
DetailsSeverstal Steel Decisions has finished supplying metal structures for the construction of a warehouse building for the Schekinoazot Company in Tula region. Severstal Steel Decisions has designed documents for and produced the walling, while the employees of the Orel manufacturing site applied three-layer corrosion-resistant coating to the structures. The warehouse will store materials and spare…
DetailsIn January-October Novorossiysk Sea Trade Port transported 121.235 million tons of cargo, up by 9.2% YoY. Ferrous metals accounted for 9.627 million tons, down by 13.8%. Non-ferrous metals throughput grew by 3.4%, to 0.854 million tons, mostly due to favorable aluminum market situation. Iron ore raw materials transportation increased by 25.3%, to 2.521 million tons.…
DetailsStarting from 2020 Mauro Longobardo will become the new CEO of ArcelorMittal Kriviy Rih, he has previously chaired ArcelorMittal Tubular Products Jubail. Paramjit Kahlon, current CEO of ArcelorMittal CIS, will work until the end of 2019, and then he will leave the Group. The corporation thanked Mr. Kahlon for his contribution to the development of…
DetailsIn January-November Ukraine decreased coal output by 6.8% YoY, to 28.412 thousand tons. In particular, coking coal mining grew by 5.3%, to 5.605 million tons, while that of power-generating coal dropped by 9.3%, to 22.8 million tons. Coal enterprises, subordinated to the Ministry of Economy and Energy in 11 months mined 3.343 million tons of…
DetailsAzovstal has won a lawsuit against the State Fiscal Service valued at 320 million UAH. In particular, the Donetsk district administrative court has satisfied a claim of Azovstal to the Office of large taxpayers and cancelled the decision to decrease VAT reimbursement of 213.4 million UAH and application of a fine of 106.7 million UAH.…
DetailsPresident of Kyrgyzstan Sooronbai Jeenbekov has signed a law banning activities related to geological exploration of underground resources with the aim of prospecting, exploration and development of uranium and thorium deposits. Presidential press service reported. The law was adopted by the Parliament of the Kyrgyz Republic on October 31. “The purpose of the law is…
DetailsAccording to Ukrmetallurgprom, in December Ukraine will produce 1.25 million tons of pig iron, 1.2 million tons of steel and 1.1 million tons of rolled metal. In December 2018 the respective output volumes amounted to 1.83 million tons, 1.89 million tons and 1.1 million tons. Thus, December 2019 will have the worst result in the…
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