In January-June Metalloinvest increased its net profit by 36.7% YoY, to $585 million. The group earnings reached $3.032 billion, up by 57%. EBITDA was $1.061 billion, up by 99.1%. Metalloinvest net debt totaled $3.602 billion. (Ukrainian metal)
DetailsUraltrubprom has supplied a batch of pipes to Europe of a rare size: 323.9 mm with the wall thickness of 20 mm. The pipes are manufactured according to EN 10219. The weight of the batch was 92 tons. The pipes will be used in construction structures. (Ukrainian metal)
DetailsThe prosecutor’s office of the Donetsk region is investigating the fatal injury of a constructor of the Mine constructing group No. 1 at the Pokrovskoye Mine Group. At present the prosecutors believe that the safety rules when working at a highly dangerous site have been violated. (Ukrainian metal)
DetailsThe first shipment of anthracite coal from the United States, supplied by XCoal Energy and Resources, totaling 85,000 tons should arrive in Ukraine in early September, the embassy of Ukraine in the United States wrote on Facebook. “The shipment of thermal coal to Ukraine was established by an agreement between the Ukrainian state-owned Centrenergo and…
DetailsRosterminalugol JSC, the largest dedicated coal port in the North-West region of Russia, part of Russia’s largest coal port holding Port Management Company LLC, says it has exported 15 million tons of coal this year. In 2016, this result was achieved on November 4. The milestone ton of coal was loaded onto Panamax bulk cargo…
DetailsIn April-June MMK-Metiz received 444.6 million rubles of net profit, up 1.8-fold QoQ. In H1 the company received 696.4 million rubles of net profit against 110 million rubles in H1 2016. MMK-Metiz earnings in H1 totaled 9.62 billion rubles, up by 22% YoY. Sales in Q2 increased by 18% QoQ, to 5.21 billion rubles. (Ukrainian…
DetailsOn August 25 Darkhan LLC will put into operation a factory at the Kirchenovskoye gold-silver deposits. The full capacity of 340 tons of ore per year will be reached in Q3. From 2018 the annual output will total 400 kg of gold and 25 tons of silver. The first stage of the deposits will be…
DetailsOrmet has put the new gyratory crusher into operation at its processing factory ore-preparing department. The capacity of the new machinery is 85-140 cubic meters of material per hour. Investments into the project totaled 14.5 million rubles. Disassembly of the old unit and the assembly of the new one were done in 10 days. In…
DetailsBratsk Aluminum Works has received 2 peripheral anode fluting machines. The new machinery has been designed by the company engineers and produced at Rusal subsidiary in Krasnoyarsk. The program to replace machinery at BrAZ has been carried out since 2015. “The new machines are more efficient”, the BrAZ managing director Yevgeniy Zenkin said. The program…
DetailsThe ex-MP of the Verkhovnaya Rada Ihor Gumenyuk is leaving the beneficiaries of Krasnolimanskoye LLC. The seller has already received 10% of the prepayment. The rest should be paid by October. Gumenyuk is selling all his shares (72%). Together with him two minor shareholders also leave the company – Vasiliy Mikulin and Irina Fridman, each…
DetailsThe supervisory board of the Yasinovsky By-Product Coke Plant, situated on the Ukraine-uncontrolled territory, has decreased the number of its members from 7 to 3, having extended the office of the acting chairman Leonid Kuzmichev for 3 years. The other two members, who have remained in the board, are Tatyana Varavka and Marina Kremen. (Ukrainian…
DetailsIn 2016 Ukraine imported $13.07 million worth of gold, down almost 2-fold YoY. According to the State Fiscal Service, the Netherlands supplied the most gold last year – $8.4 million, Switzerland – $3.8 million. Silver imports dropped as well – by 7.1%, to $3.6 million. (Ukrainian metal)
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