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Ukraine: AMKR reduces operation to save electricity

ArcelorMittal Kryvyi Rih has decided to limit electricity consumption and temporarily decrease output. “This is important to decrease electricity consumption in Kriviy Rih and provide for safety of our employees, which is our key priority,” the company said on Facebook. At the same time, products are shipped to customers as planned. “We hope to return…

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Ukraine: 854 miners saved in Krivoy Rog

The rescuing operation to lift miners has been completed. All 854 employees have been lifted to the surface. “As of 2 a. m. the rescue operation has been completed,” the head of the Krivoy Rog Military Administration Alexander Vilkul has announced. The liquidation of consequences of the missile strike continues, but the water supply has…

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Ukraine: DZPV to be sold

InVenture has announced sale of the Dneprovskiy Roll Works belonging to Dneprotechservice. The initial price is $5 million. The enterprise, founded in 1896, is now one of the largest producers of pig iron rolls for bar, pipe and sheet hot-rolling mills. The company customers are iron and steel works producing hot-rolled metal. Rolls are mostly…

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Uzbekistan: TTZ to get EBRD loan

The European Bank for Reconstruction and Development is promoting energy efficiency in the steel industry of Uzbekistan by supporting the operation Tashkent Pipe Works. A loan of $15 million will help the company launch manufacture of straight-seam pipes (LSAW) and decrease output of spiral-seam pipes (SSAW). The new welding technique required much less energy and…

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Ukraine: Centravis returns night shifts

Despite a complex situation due to the constant shelling of Nikopol by Russian invaders, Centravis Production Ukraine continues to operate two lines to produce stainless steel pipes and sometimes uses night shifts. “Centravis is operating. Cold-rolling and hot-rolling shops are operating in two shifts. Moreover, night shifts have been restored, but not on constant basis,”…

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