Interpipe Nizhnedneprovsk Pipe-Rolling Plant has obtained a license to supply gas. The corresponding decision has been taken by the National commission on energy and housing services regulation. As of September 1, 318 licenses to supply gas have been given by the commission. (Ukrainian metal)Details
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At the Extraordinary General Shareholder Meeting (EGM) held on September 29, NLMK shareholders approved payment of Q2 dividends of RUB 3.20 per share. The date upon which the shareholders entitled to Q2 dividends will be determined was set as October 12. H1 dividends will amount to RUB 5.55 per share. (NLMK/Ukrainian metal)Details
The deputy economic minister Sergey Nazarov has confirmed that the so-called Donetsk and Lugansk People’s Republics sell coal to Russia, and it in its turn reexports it to other countries. According to Nazarov, each month some 1 million tons of coal from the occupied Donbass are sold that way. Thus Russia helps DPR and LPR…Details
Lisichanskugol (Lugansk region) has ordered the Komsomolskaya Central Processing Factory the processing of 82.1 thousand tons of coal for 7.74 million UAH. The services were ordered following 2 auctions. At one auction Komsomolskaya offered to process coal at 94.52 UAH per ton, at another – at 94 UAH. (Ukrainian metal)Details
The Pechersk district court of Kiev has arrested the assets of the largest ferroalloy producer Nikopol Ferroalloy Plant, Marganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works under the Privatbank embezzlement case. The General Prosecutor’s Office is investigating the embezzlement of 19 billion UAH provided to Privatbank in 2008-2016 by the National Bank…Details
Sibcable has started producing the HoldMine mine cable, which corresponds to the new requirements of Rostechnadzor. The new requirements dictate using mine cables with improved characteristics. The first batches of new cable have already been supplied to Kuzbass coal companies. (Ukrainian metal)Details
Two new hydraulic drilling mills with DML LP diesel engine have joined the drilling fleet of Krasnobrodsky and Kaltansky pits, parts of Kuzbassrazrezugol. They will be used to drill shafts when carrying out explosion works. The planned output of DML LP is 22 thousand meters of shafts per month. The company has been modernizing its…Details
Kamensk-Uralsk Non-Ferrous Metals Processing Works has increased sales to Russian machine-building companies. In January-August sales grew by 1.5 thousand tons, or by 71% YoY. Rolled brass and copper account for 90% of sales, rolled bronze share is 8%. Machine-builders demand rods (53%), sections and plates (21%) and rectangular wire (11%). (Ukrainian metal)Details
Lebedinsky Mining and Processing Works has produced the 700-millionth ton of iron ore concentrate. The first ton of the concentrate was received in November 1972. At that time the capacity of the works was 7.5 million tons of ore per year. Now its capacities are much higher – to produce 100 million tons of concentrate…Details
MMK is preparing to purchase Lysva Iron and Steel Works. According to a source, the parties have signed preliminary documents and MMK has applied to the Federal Antimonopoly Service. The Service confirmed the receipt of the documents on August 17, but prolonged their reviewing to study the competition environment. MMK says it is regularly monitoring…Details
Astana is ready to hold consultations with Kiev regarding antidumping duties on certain types of steel pipes imported from Ukraine in the Eurasian Economic Union (EAEU). “Kazakhstan is ready to hold consultations with its Ukrainian colleagues. The possible timeframes of the consultations are being discussed,” a source at the National Economy Ministry of Kazakhstan reported.…Details
In September the Dobropolye Central Processing Factory reached the 3-million ton processing milestone since the start of the year. This happened 20 days earlier than last year. The factory with the project capacity of 2.5 million tons is steadily on its way to process 4 million tons of coal. In 8 months DTEK investments into…Details
The Kharkiv Works of Lifting and Transport Machinery (KhZPTO) has produced and shipped a crane with the capacity of 16 tons to ArcelorMittal Kriviy Rih. This is the second law crane produced by KhZPTO for AMKR. The experience from the previous order allowed the company to meet the customer’s requirements to the full extent. (Ukrainian…Details
The Lugansk region prosecutors have found out that Alchevsk Iron and Steel Works officials have evaded paying taxes in large amounts. In particular, in February AMK imported 19 thousand tons of coal and concentrate valued at almost 100 million UAH from Russia. The company submitted additional customs declarations with new data on foreign trade, and…Details
Eurasian Economic Committee has fined two Russian companies for 217 million rubles. NLMK and VIZ-Stal LLC were found guilty of taking actions affecting the competition on the border markets of two or more EAEU countries. From January 1, 2005 till June 30, 2016 the companies, being a sole market participant in Belarus, Kazakhstan and Russia,…Details
In January-July Russia imported 107 thousand tons of steel pipe products from Germany, up 24-fold. June showed the record volumes – 53.7 thousand tons in the history of imports from Germany. In May and July imports were also considerable (some 25.5 thousand tons). Large diameter pipes account for around 95% of the imports. And they…Details
Belarus Iron and Steel Works is expanding the range of its exports. This year two new countries were added to the company destination. For the first time in its history BMZ has sent metal to Benin and Togo. In January-August BMZ exported to 51 countries. The largest importers were Russia, the Netherlands, Israel, Lithuania, Poland,…Details