Russia: TMK pipes sales down in 2019

In 2019 TMK decreased pipe sales by 5% YoY, mostly due to the drop in sales of the American division. At the same time Russian division increased sales by 5%, including OCTG seamless pipes by 4% and large-diameter pipes by 56%. Overall OTCG sales dropped by 11%, with Russian division selling 3% more pipes. (Ukrainian…

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Russia: Severstal invests in robotics to automate advanced composites manufacturing

Severstal has invested in the Dutch company Airborne, a global leader in developing digital automation platforms for the production of composite parts, and products with integrated composites. Severstal joins other investors in this investment round, including Pangaea Ventures, the leading advanced materials venture capital fund, and SABIC, the world’s third largest diversified chemical company. Airborne…

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Ukraine: personnel outflow at AMKR down in 2019

Hryvnia strengthening, salary increase, maintaining of a social package and the opportunities for additional income helped ArcelorMittal Kriviy Rih in 2019 to reduce the outflow of personnel, despite the increase in labor migration in Ukraine. Compared to 2016-2018 the situation with human resources has improved at the company. First of all, regarding the main engineering…

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