Ukrdorinvest LLC (Kiev) has purchased 73.5% of the Central processing factory “Russia” shares (Donetsk region). As of Q2, 75.49% of shares belonged to DRFC LLC, while Ukrdorinvest owned only 24.5%. Two more processing factories wanted to buy shares – Ukraina and Mirnogradskaya. Ukrdorinvest also owns 24.5% in Mirnogradskaya processing factory. (Ukrainian metal)Details
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The Ministry of Energy and Coal Industry believes that in 2019 power-generating coal consumption by power plants will grow by 4.4% YoY, to 27.75 million tons. In particular, it is expected that 5.1 million tons of anthracite and 22.65 million tons of gas coal will be consumed. 4.67 million tons of anthracite will be imported,…Details
Price of gold increased in Azerbaijan on October 11, while silver, platinum and palladium prices dropped, according to the data published by the Central Bank. The price of gold grew by 6.4685 manats, to 2,028.9245 manats per ounce on October 11 compared to the price on October 10. The price of silver decreased by 0.165…Details
Russia’s Voronezh-based “Rudgormash” company will have supplied gold mining equipment worth 1 billion rubles ($ 15.1 million) to Uzbekistan by the end of this year. “This year we are fulfilling a fairly large order for the supplies to the gold mining industry of Uzbekistan, in price terms this order costs more than 1 billion rubles.…Details
Ukraine increased imports of coal, including anthracite, by 20% YoY, to 15.64 million tons in January-September from 13.03 million tons a year ago, the State Customs Service reported. If measured by value, imports of coal increased by 15%, to $2.19 billion, compared with $1.9 billion in January-September 2017, S&P Global Platts wrote. Most of the…Details
In August world pig iron output grew by 4.08% YoY, to 106.654 thousand tons. According to the World Steel Association, China is leading with 66.655 million tons, up by 6.46%. Ukraine was able to preserve its 9th place with 1.72 million tons between US (2.16 million tons) and Taiwan (1.3 million tons). In September pig…Details
Uralelectromed is preparing the site for the construction of the third stage of the copper electrolysis shop. At present the contractors are assembling a wall to separate the site from the main shop. In September the foundation was prepared for the wall, and metal structures were assembled. Now they are covered with 250 panels. To…Details
The city of St. Petersburg has carried out a large-scale infrastructure project on construction of a third stage of the water pipelines. The cost of the project was 3.3 billion rubles. The pipes of the high quality pig iron produced by Svobodniy Sokol were used for the construction. Altogether 30 km of pipes have been…Details
Severstal has surveyed the dealers of its roofing brands and found out that 85% of them know of the new GOST on metal roof tiles to be in effect from March 2019, while 70% of the respondent have already studied the main requirements of the standard. The document has been developed by the National Roofing…Details
PJSC ArcelorMittal Kriviy Rih, the biggest mining and steelmaking company in Ukraine, has increased base salaries for all its employees as well as for the employees of its affiliated companies by 10% since October 1. Base salaries for some categories of employees of PJSC ArcelorMittal Kriviy Rih will become even higher as a result of…Details
Elena Gudimova was appointed to the position of Head of Quality Management at PJSC ArcelorMittal Kriviy Rih. She is the person who knows all nuances about new steel grades and types of products at the company, which are an integrant part of a valuable product line of PJSC ArcelorMittal Kriviy Rih. In the interview for…Details
The state bank Oschadbank has put on sale the property complex of the Ukrvtorchermet in Kiev. The company is a major procurer, processor and exporter of ferrous scrap. The complex is situated on three land plots with the size of over 8 ha. The initial price of the complex is 175 million UAH. (Ukrainian metal)Details
In September Russia exported 133.3 thousand tons of ferrous scrap to Belarus via railroad. According to the Russian Railways statistics, this is up by 4.7% YoY. In January-September scrap exports grew by 6.3%, to 1.08 million tons. (Ukrainian metal)Details