In May the Azov sea environment inspection checked the compliance of Azovstal Iron and Steel Works with the environment legislation. Following the inspection the Azovstal has been fined for 11.645 thousand UAH. Each year Mariupol-based companies dump some 900 million cubic meters of wastewater into water basins, with Azovstal accounting for 87% of the total.…
In January-July Azovstal Iron and Steel Works produced 2.15 million tons of rolled metal, up by 11.5% YoY. According to the company statement, steel output increased by 14%, to 2.436 million tons, pig iron – by 17%, to 2.153 million tons. In July Azovstal produced 251 thousand tons of rolled metal, 270 thousand tons of…
Last year the export duty for scrap increased from 10 euro per ton to 30 euro. This has immediately affected the budget – taxes increased almost 2-fold. And much more raw materials stayed in the country. “At present Azovstal Iron and Steel Works is fully provided with scrap. Unfortunately a year ago the situation was…
In January-May Azovstal Iron and Steel Works produced 1.592 million tons of rolled metal, up by 22.6% YoY. According to a company representative, steel output increased by 22.7%, to 1.807 million tons, pig iron – by 25.3%, to 1.58 million tons. In May the company produced 330 thousand tons of rolled metal, 374 thousand tons…
The department of the State Architecture-Construction Inspection in Donetsk region has checked the object of the fifth difficulty category: “The construction of the first stage of the pulverized coal fuel preparation and injection complex for Azovstal blast furnaces”. The inspectors have checked the finished construction of the object on 1 Leporsky Street in Mariupol, as…
Azovstal Iron and Steel Works, a part of Metinvest, will pay dividends to its shareholders from the profits received in 2016 as well as part of the 2014 profits from May 25 through October 27. According to the shareholders decision, taken at the meeting on April 28, the company will pay 0.35 UAH per ordinary…
In May Ukrzaliznytsia foiled delivery terms of iron ore to the Berdyansk sea trade port for short sea traffic to Azovstal Iron and Steel Works. “As Ukrzaliznytsia failed to provide 23 cargo trains per day through Kamysh-Zarya route, we had to look for alternative sources of raw materials supplies. Each of them considerably increases delivery…
Shareholders of Azovstal Iron and Steel Works at a meeting on April 28, decided to pay 1.47 billion UAH of dividends (0.35 UAH per share). According to the company statement, the dividends will receive a part of the profit, received by Azovstal in 2014 (915 million UAH), and profit for 2016 (558.42 million UAH). In…