Ukraine: Chief Procurement Officer appointed at AMKR

Virdy Bikram has been appointed the Chief Procurement Officer, PJSC ArcelorMittal Kriviy Rih. In this position, Bikram is responsible for supply of raw material resources, equipment for investment and strategic projects, materials and services. Virdy Bikram: “I am glad to join PJSC ArcelorMittal Kriviy Rih’s team. I believe that my diverse experience in management and…

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Ukraine: VostGOK orders ventilation equipment

The state enterprise Vostochniy Mining and Processing Works has ordered Poltava Ventilator Works the delivery of ventilation machinery for 37.1 million UAH. By the end of 2019 the company has to supply, assemble and commission the main ventilation machine for the Novokonstantinovskaya mine in the village of Alekseevka in Kirovograd region. The equipment has to…

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Russia: NTPZ starts producing round pipes

Noginsk Pipe-Sections Works has started manufacturing round electric welded pipes.

So far the company can produce pipes with the diameter of 57 mm and 20 mm.

By the end of the year the company intends to have mastered the manufacture of pipes with the diameter of 15, 25, 32, 40 and 50 mm. (Ukrainian metal)

Kazakhstan: KAZ Minerals pays debts

The net debt of KAZ Minerals as of September 30 decreased to $1.986 billion from $2.052 billion as of June 30.

In Q3 the company also paid interest on the loans in the amount of $99 million.

Royalty payments totaled $49 million.

The gross debt of the group is $3.502 billion. (Ukrainian metal)