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Ukraine: Russia-manipulated terrorists trying to resume operation at Yenakievo Works

Russia, which controls its own terrorist organization of the Donetsk People’s Republic, has started restoring machinery at Yenakievo Iron and Steel Works, burned down by the militants in early April. “The rare and expensive machinery is slowly being restored, the manufacturing process is going on. Thanks to the Russian specialists and enormous sums of money…

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Ukraine: Metinvest GOKs to pay 4.86 billion UAH of dividends

Shareholders of Ingulets Mining and Processing Works, Central Mining and Processing Works and Severniy Mining and Processing Works (all parts of Metinvest) at their meetings on May 18 decided to pay dividends for 2017 in the total of 4.86 billion UAH. In particular, InGOK will spend 2.16 billion UAH to pay dividends, and leave 2.6…

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Russia: NLMK to build another CCM

NLMK will construct another continuous-casting machine to replace the one, operating since 1976. SMS group will supply all the necessary machinery. The capacity of the new CCM will be 2 million tons per year. The new machine will allow NLMK producing billets with the thickness of 400 mm and width of 2800 mm. The CCM…

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