Metallurgy news
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Metinvest offers lenders LPN loan restructuringMetinvest BV (Netherlands), the parent company of the international vertically integrated mining and metallurgical group Metinvest, is offering holders of its $ 1.125 billion LPN to impose a moratorium on any payments on securities until May 27, 2016. On the Irish Stock Exchange (ISE), the Group…
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ArcelorMittal University in Kryvyi Rih hosted training under the British Council program - Active CitizensFrom 19 to 22 December 2015, ArcelorMittal University in Kryvyi Rih hosted training sessions under the British Council's Active Citizens program. Following such cities of Ukraine as Kiev, Odessa, Lviv, Ivano-Frankovsk, Sumy, Chernigov and Vinnitsa, about 30 people became participants in the…
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Fiscal Service of Ukraine made Zaporizhstal a Christmas presentAccording to the press service of the Zaporizhstal metallurgical plant of Rinat Akhmetov's Metinvest Group, the State Fiscal Service has fully returned the overdue debt on value added tax reimbursement to the plant in the amount of UAH 1 billion 14 million. "To date, there is no overdue VAT debt…
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The ten largest steel producers in the world in November 2015According to the latest statistics published by the World Association of Steel Producers, the output of crude steel in 66 countries of the world that submitted data to the Association amounted to 126.826 million tons in November this year. Monthly output was down 4.1 percent from November last…
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Merkel is under US influenceThe head of the Committee on International Affairs in the Russian Duma, Alexei Pushkov, believes that German Chancellor Angela Merkel is personally responsible for the fact that the EU expanded its sanctions against Russia, stating: sanctions, then weakened them.Merkel's tough stance on this issue…
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Interpipe Vtormet is headed by Gennady ShevchenkoGennady Shevchenko has been appointed Acting Chairman of the Management Board of PJSC INTERPIPE Dnepropetrovsk Vtormet. Gennady Shevchenko took up his duties on December 22, 2015. Previously, Mr. Shevchenko held the position of Deputy Operations Director and Head of the Slag Yard of the Interpipe…
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Azovstal asks Mariupol residents to stay calm: the strange noise is pipeline blowingOn December 22, from 11:00 to 15:00, steam purging of the pipeline of the new turbo-blower station No. 3 is planned at the Azovstal metallurgical plant. The execution of a technological operation is one of the stages of putting a modern unit into operation and is accompanied by an increase in noise…
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Russia imposed a food embargo against UkraineFrom January 1, 2016, a ban is introduced on the import of agricultural products, raw materials and foodstuffs into Russia, the country of origin of which is Ukraine. The adopted decision is aimed at the dissemination of special economic response measures against Ukraine. “The decision was made in…
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Global steel production fell by almost 3 percent in 11 monthsAccording to the World Steel Association Worldsteel, world steel production in January - November 2015 decreased by 2.8 percent and amounted to 1 billion 471.403 million tons. In November, steel production in the countries of the association was 127 million tons, which is 4.1 percent less than in…
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Steel prices in BRIC countries fell 4 percent in DecemberSteel prices in the BRIC countries (Brazil, Russia, India and China) fell by an average of 4 percent in December 2015. This was reported by the analytical bureau MEPS. In its review of the steel markets released on Monday, MEPS reported that it is seeing a decline in customer activity in the long…
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