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Supervisory boards of Khartsyzsk Pipe Works and Yenakievo Iron and Steel Works have replaced the acting CEO Kirill Avramenko with the chief accountant Tatiana Zaytseva. According to the companies’ information, the matter was discussed on October 4. Zaytseva has been appointed the acting CEO of KhTZ and EMZ since October 5 for an indefinite term.…
DetailsEnergomashspetsstal has sent another batch of billets to one of the largest Kharkiv works – Electrotyazhmash. The total weight of the batch is 90.5 tons. The delivery has been carried out under the contract concluded in July. The parts will be used in the manufacture of power machinery. (Ukrainian metal)
DetailsElectrozinc has carried out cold tests of the new gas blower in its sulfur acid shop. The new machine will be the 12th since the works has been commissioned. The current machine has been operating since 1981. It will be replaced with a Piller machine valued at 500 thousand euros (33.8 million rubles). The maximum…
DetailsAvdiivka Coke and Chemical Works has transferred 29 million UAH to the city budget. This is half of the cost of Ocheretino – Avdiivka gas pipeline construction. “We have kept one of our promises to the citizens of Avdiivka – we have transferred money for the construction of the gas pipeline”, the company CEO Musa…
DetailsThe State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan announced the holding of auctions. Issyk-Ata field with a starting price of $26,160 is put up for auction. A large part of the area (up to 60%) is covered with glacial deposits of considerable thickness. The increased gold content is caused by the presence…
DetailsIn January-September Ukraine increased copper and copper wares imports by 56.4% YoY, to $62.24 million. According to the customs statistics, exports grew by 69.1%, to $92.725 million. In September copper imports totaled $7.911 million, and exports – $10.946 million. Nickel imports in 9 months dropped by 16.7%, to $55.721 million ($5.057 million in September). At…
DetailsIn January-August Kazakhmys produced 151.2 thousand tons of cathode copper, up by 6% YoY. Average copper contents in the ore totaled 0.96%, which is higher than last year (0.94%) and by 4.2% from the planned. In 8 months the corporation mined 18852.341 thousand tons of ore, factories processed 19 million tons. In 2017 Kazakhmys intends…
DetailsThe length cutting service center of Tyumenremdormash has started testing new machinery. The new complex cost investor 226 million rubles. The project is carried out with the help of the regional government. In particular the government paid 27.3 million rubles as the first installment. The service center produces strips of almost any size with the…
DetailsIn January-August sales of industrial products (goods and services) totaled 1.354 trillion UAH, up by 25.95% YoY. According to the State Statistics Service, in August sales in mining and quarrying industry increased by 28.8% YoY, with exports up by 27.6%. Metal output accounted for 17.8% and mining for 15% of the total volume. (Ukrainian metal)
DetailsThe Russian businessman Igor Shamis could become a new owner of KVV Liepajas metalurgs. He wanted to acquire the works back in 2014, but lost to the Ukrainian KVV Group. The Latvian Privatization Agency chairman Vladimir Loginov confirmed that the Cabinet of Ministers would decide on the new owner in October. Last week a new…
DetailsArcelorMittal Kriviy Rih is carrying out a reconstruction of its sintering machine No. 5 premises and buildings. In particular, it is planned to assemble a dust exhaust system and replace gas-purifying equipment. The work is carried out under the sinter shop No. 2 modernization program. The cost of the sinter shop No. 2 reconstruction is…
DetailsThe local market protection department of the Eurasian Economic Commission has suggested decreasing antidumping duty on the imports of some types of pipes manufactured by Interpipe. In particular it is suggested to set the duty for casing pipes on the level of 9.98%, for compressor-pump pipes at 12.23%, for oil-and-gas, as well as ordinary pipes…
DetailsIn January-September Ukrainian metal companies received 2.4 million tons of scrap, up by 5.2% YoY, with the metallurgists needs covered by 89%. Average use of scrap in 9 months was 156.8 kg per 1 ton of liquid steel. Scrap exports increased by 33.6%, to 321.1 thousand tons, with the most sold to Turkey. Imports dropped…
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