Ukraine: steel, rolled metal and pig iron output up in July 2017

In July Ukraine, not counting the temporarily occupied territories of Crimea, Sevastopol and the ATO zone, produced 975 thousand tons of steel (without continuous cast semi-finished products), up by 7.8% YoY and by 16.5% MoM. According to the State Statistics Service, steel output in January-July decreased by 7.3% YoY, to 6175 thousand tons. Pig iron…

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Ukraine: Corum increases salary

On August 1, the Kharkiv Machine-Building Works “Corum Svet shakhtera”, a part of Corum Group, started increasing salary of its employees on the background of the 120% loading of its capacities. The maximum increase will total 40%. Previously the wages ranged between 8 and 15 thousand UAH depending on the output and quality of products.…

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Uzbekistan: Russian MetProm to prepare Uzmetkombinat modernization project

The Russian group of companies MetProm will design the modernization project for Uzbekistan Iron and Steel Works. The Uzbek party will have received the project documentation by October. The project presupposes the construction of two steelsmelting furnaces, two steel-treating furnaces and a casting-rolling complex. The modernization cost is estimated at $550 million. After the modernization…

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