The underground strike of the miners from the mine named after Kapustin has been going on for over a week. The miners are demanding the clearing of salary debts and firing the Lisichanskugol management. At present 26 miners are striking, 7 have already been taken to the hospital. “They are going on a hunger strike,…Details
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The court has penalized the ex-acting CEO of the state enterprise Volynugol Fedor Bogdan for 3.4 thousand UAH. Bogdan was penalized for the misuse of 5.2 million UAH. At present he occupies the position of the first deputy CEO – technical director of Volynugol. In 2015, when Bogdan was the acting CEO, he informed the…Details
Energomashspetsstal has concluded an agreement to supply rolls to the ISD Dunaferr. According to the company statement, for the Hungarian plant it will produce 7 backing rolls for hot- and cold-rolling mills. The weight of the whole batch is 174.8 tons. According to the schedule, the rolls will be delivered in July-October 2019. (Ukrainian metal)Details
NLMK Group, a global steel company, is pleased to announce the appointment of Dmitry Kholkin to the newly created position of Vice President of Digital Transformation. The key goal for Dmitry Kholkin and his team will be to use advanced data analysis tools and other digital technologies to develop the company’s production and support processes.…Details
In September Ukraine exported $70.387 million worth of steel pipes, up by 42.2% YoY. According to the State Fiscal Service, imports dropped by 4.5%, to $12.399 million. US saw the largest exports – $9.615 million. In January-September pipe exports grew by 39.9%, to $554.955 million, while imports – by 46.2%, to $123.547 million. In August…Details
In January-August Ukraine exported 24.7 million tons of iron ore raw materials valued at $1.88 billion. Last year the exports were 25.78 million tons at $1.744 billion. Imports decreased from 204.998 thousand tons ($21.8 million) in 8 months of 2017 to 9.09 thousand tons ($630.9 thousand). 69% of the Ukrainian iron ore raw materials were…Details
In January-August Ukraine exported 4.431 million tons of semi-finished steel products valued at $2.12 billion, as opposed to 3.83 million tons valued at $1.1451 billion last year. In 8 months Ukraine imported 28.665 thousand tons of steel semis valued at $17.335 million, up from 7.362 thousand tons at $3.968 million. The Western Europe countries accounted…Details
In January-August Ukraine exported 2.11 million tons of pig iron, up by 45% YoY. According to the State Statistics Service, the exports value was $737.285 million as opposed to $447.57 million last year. At the same time Ukraine imported 0.997 thousand tons of pig iron valued at $569.4 thousand tons, while in January-August 2017 it…Details
Ormet has started replacing floatation machines at its processing factory. This year the company has already replaced a RIF floatation machine with the volume of 16 cubic meters. The new rotor-mechanical machine of the Russian origin is better protected from corruption and wear. By the end of the year Ormet intends to have replaced two…Details
Severstal – Bar Works Balakovo has mastered the manufacture of A600C rebars (ArmaNorma). The rebars with the diameter of 10-40 mm for ferroconcrete structures correspond to GOST 34028-2018 and TU 14-1-5596-2010. “The new rebars are corrosion-resistant, which is provided for by the chemical elements contained in the steel. The ArmaNorma guarantees a longer life time…Details
In January-September the Pipe Metallurgical Company sold 3.004 million tons of pipes, up by 7% YoY. Seamless pipes accounted for 2.025 million tons, up by 1%. The sales of welded pipes totaled 0.979 million tons, up by 19%, and OCTG pipes – 1.422 million tons, up by 8%. The Russian division of TMK sold 2.162…Details
Norilsk Nickel is negotiating with the Chinese partners the choice of the site for Bystrinsky Mining and Processing Works IPO. “Our partners see Hong Kong or Shanghai as the site, while we want Moscow or London”, Nornickel president Vladimir Potanin said. The issue will be discussed in autumn 2019, when the GOK reaches its design…Details
Prices of gold, silver, platinum and palladium increased in Azerbaijan on October 24, according to the data published by the Central Bank. The price of gold grew by 13.745 manats, to 2,094.3745 manats per ounce on October 24 compared to the price on October 23. The price of silver went up by 0.4164 manats, to…Details