In 2017 Metinvest compensated for the decrease in demand for concentrate on the domestic market with exports. The first half-year of 2017 was difficult as to iron ore raw materials sales. “We stopped supplying iron ore raw materials to 4 Ukrainian companies – Donetskstal, Yenakievo Iron and Steel Works, Alchevsk Iron and Steel Works and…Details
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Metinvest Group forecasts the growth of metal consumption on the domestic market at 8%. “In 2017 the domestic demand grew by 5-6%. This year we expect it at the level of 8%. We hope that the infrastructure construction and metal processing provide for the growth”, Metinvest sales director Dmitry Nikolayenko said. Last year the group…Details
The state enterprise Mirnogradugol has ordered Vizarremprom LLC the delivery of a chain conveyer valued at 81.98 million UAH (with VAT). The machine has to be delivered at the expense of the seller within 90 days of the full prepayment. The competitor of the winner was Promspetsvyrobnytstvo LLC, the offer of which was 3.7% more…Details
In January Ukraine produced 1.67 million tons of rolled metal, down by 7% YoY, of which 1.4 million tons were exported, up by 31.3%. Semi-finished products accounted for 46.7% (47.6% in January 2017), flat rolled metal – 27.3% (31.4%) and long rolled metal – 26% (21%). The capacity of the domestic market was 370 thousand…Details
In 2017 Izhstal increased supplies of metal to Belarus by 68% YoY, or by 7 thousand tons. Deliveries to MAZ increased 2.3-fold, to Gomselmash – 2.8-fold. Metal sales to major agriculture machinery manufacturers grew 2.5-fold, and to Minsk Wheeled Hauled Motor Vehicle Works – 3-fold. Izhstal sells metal to over 20 industrial companies in Belarus.…Details
In 2017 TMK Chermet supplied over 2 million tons of scrap to its key customers, or more than 10% of the total Russian scrap procurement. The company subsidiaries supplied 835 thousand tons of scrap, or 40% of the total volume. “Today TMK Chermet unites 4 regional divisions with 19 sites. The increase of our own…Details
Chelyabinsk Iron and Steel Works has replaced gas-purifying equipment of two machines in the oxygen-converter shop. The repair was carried out at the steel-treating machine and the continuous casting machine. “The oxygen-converter shop has seen a major reconstruction lately. We have replaced almost all the main machines and stopped using the outdated ones. Now we…Details
Miners of the state enterprise Selidovugol have gone on a hunger strike in the building of the Ministry of Energy and Coal Industry. “The miners demand their salary debts to be completely cleared. Taking into account the inflation processes, they also call to increase tariff rates. As well as return the “stolen reserves” and provide…Details
At least 25 million soms are needed to launch Dzhergalan mine, MP Maksat Sabirov said on February 22 at a session of the Parliament. According to him, the company has no collateral, so it is not issued a loan for development. “If the mine starts working, many people will get a job. I ask you…Details
Rosterminalugol (a part of Port Management Company), the largest specialized state-of-the-art coal terminal in the European part of Russia, reached on February 20 the 3-millionth ton mark from the beginning of this year, the stevedoring company said. The third millionth ton was loaded to the Panamax dry bulk carrier Indigo Ace. The M/V Indigo Ace…Details
The refining shop of Kola Iron and Steel Works has started commissioning of the new technology to clear shop dust of lead. This is a part of the investment project on unique nickel manufacture technology of arc-extraction. Instead of smelting nickel anodes the company will use nickel powder from tube-type furnaces. The cost of the…Details
Tochinvest ShZMK (Shadrinsk Metal Structures Works) has opened a shop of dip galvanizing. The company manufactures products for power, industrial and social construction. “This is one of the most environmentally clean enterprises”, the Kurgan region governor Alexei Kokorin believes. “As to the output, this year 12 thousand tons are expected”. The region provided the company…Details
The Prime Minister of Ukraine Vladimir Groysman demands from the minister of energy and coal industry Igor Nasalik to remove the so-called watchers from the state coal enterprises. “Private mining is doing fine. While the state not. Why? Because of the parasitic watchers. So let’s make government seek for finances and you just get them…Details