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UC RUSAL will be supplying approximately 510 tons of aluminum to be used in the production of aluminum tram interiors. As part of the project, UC RUSAL will provide aluminum for a total of 300 tram interiors. This is the world’s largest contract to purchase trams for a single city. The field of urban transport…
DetailsIn January-October Ukraine exported 1.83 million tons of pig iron valued at $572.039 million, down by 13.9%, but up by 26.8% YoY respectively. According to the State Fiscal Service, the main exports went to US (56.86%), Italy (23.99%) and Turkey (8.75%). At the same time Ukraine imported 1.779 thousand tons of pig iron valued at…
DetailsEnergomashspetsstal has completed another order to produce a hammer frame for LASCO Umformtechnic GmbH. According to the company statement, the billet weighing 61 tons was shipped to the customer in October. The casting is a part of the press-forging equipment. So far this is the 15ths hammer frame produced by EMSS for LASCO. (Ukrainian metal)
DetailsNLMK Group CEO Oleg Bagrin, Head of Lipetsk region Administration Oleg Korolev, and Head of Lipetsk Sergey Ivanov were the guests of honor at the Time Capsule Ceremony held on November 7 at the site of the future NLMK Corporate University. This ceremony held on NLMK’s anniversary (83 years) marked the symbolic start to construction…
DetailsSilver and gold company Polymetal International is considering building a plant to refine refractory gold ore in the city of Sovetskaya Gavan in Russia’s Far East, according to a statement published by the regional government on November 7. “The Sovetskaya Gavan’s site has all the necessary infrastructure and suits the new facility perfectly: there is…
DetailsThe board of directors of the gold-mining company Nordgold, controlled by Russian tycoon Alexei Mordashov, has approved paying $0.0318 per share, or a total of $10.8 million, in dividends for July-September, the company said in a statement on November 7. The record date for the dividends is November 10, and the payment will be done…
DetailsUkrainian metal companies tentatively decreased coke production by 20% YoY in January-October, to 8.588 million tons, the Ukrmetallurgprom association (Dnipro) has reported. Pipe production grew by 25%, to 876,000 tons. In October alone, 93,600 tons of pipes and 901,000 tons of coke were made. According to the revised data, metal companies in January-October produced 15.179…
DetailsThe Scythia Graeca bulker with 75,000 tons of anthracite from South Africa for thermal power plants (TPPs) of DTEK Energo arrived in the Chornomorsk seaport (Odessa region) on November 3, the company’s press service has reported. The unloading of the vessels has been started. Coal will be delivered to the warehouses of Kryvy Rih TPP,…
DetailsArcelorMittal Kriviy Rih is finishing switching to grading salary. In April the work to develop and implement the multi-level wage system began. On May 1, salary increased by 35-70%. (Ukrainian metal)
DetailsThe Obukhovskaya Mine Group (Rostov region), owned by DTEK, in May-September exported 27.193 thousand tons of anthracite to Egypt, Italy, the Czech Republic and Poland. At the same time Ukraine desperately needs this coal for heat generation. In particular, the mine group supplied 5.44 thousand tons of coal valued at $470.26 thousand to ArcelorMittal Ostrava…
DetailsThe court allowed selling the property of the state enterprise Volynugol because of its debts, as it had not been paying land tax. According to the head of the State Fiscal Service department in Volyn region Svetlana Savchuk, despite the 4.5 billion UAH payments to the budgets of all levels in January-October, there is a…
DetailsGerman cartel office has granted Interpipe and Vallourec the right to create the joint venture in Europe. The decision was taken on October 26, and published on November 5. The companies appealed for the JV creation on October 4. In Germany Vallourec owns Rath, Reisholz, Milheim an der Ruhr and 20% in Huttenwerke Krupp Mannesmann.…
DetailsVysochaishiy (GV Gold) has completed the deal on advance purchase of 5.26% of its shares from the European Bank for Reconstruction and Development. The shares were transferred to Sakha GoldMining. The final payment was $39 million. The total cost of the shares was $62 million. According to the agreement signed in December 2015, EBRD was…
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