Metallurgy news
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Ukraine in January-October increased the export of scrap metal by 41 percentAccording to the State Fiscal Service of Ukraine, the physical volumes of export of scrap metal increased in ten months of 2015, increased compared to the same period last year by 41.1 percent - up to 1 million 124 thousand 988 tons. In monetary terms, the export of scrap metal in the reporting…
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The head of the Donetsk Regional State Administration proposed to nationalize coal mines and processing factoriesDonetsk Regional State Administration sets itself the ambitious task of returning coal fields and central processing plants to the disposal of mines and state property, as well as their entry into the structure of a single coal company. The head of the Donetsk Regional State Administration Pavel…
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DTEK protests against the arrest by the Kiev Pechersk Court of its accounts and charges of financing terrorismThe Pechersk District Court of Kiev unreasonably seized the accounts of DTEK Kurakhovskaya CEP and blocked the financial activities of the enterprise, the press service of Rinat Akhmetov's company said. “At the entrance of the investigative actions, the facts of offenses by the CEP of Kurakhovskaya…
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Canada increased supplies of coking coal to Ukraine by 123 percentIn the first 6 months of 2015, imports of Canadian coking coal amounted to USD 30.5 million, showing an increase of 123 percent compared to the same period in 2014. This was reported by the state-owned company Derzhzovnishinform. The main recipients of coking coal from Canada in the period under…
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AK Steel Welcomes US Department of Commerce Decision on Corrosion Resistant SteelAK Steel, a leading US stainless steel producer, welcomes the US Department of Commerce's decision to impose preliminary anti-dumping duties on stainless steel imports from China, India, Italy and South Korea. In particular, a duty of 235.66 percent was introduced against Chinese steel, including…
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Ukraine will invest 20 billion hryvnia in the modernization of railways. tracks and rolling stockInvestments of PJSC "Ukrainian Zaliznytsia" in 2016 in the renovation of tracks, locomotives and cars will amount to 20 billion hryvnia, according to the press service of the department on Tuesday. According to the Minister of Infrastructure Andriy Pivovarsky, the reform of the railway industry…
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For 10 months of 2015 MMK im. Ilyich reduced steel production by 27 percentThe Mariupol Metallurgical Plant named after Ilyich (Ilyich Steel Plant) of Rinat Akhmetov's Metinvest Group for ten months of 2015 reduced steel production compared to the same period last year (APPG) by 26.9 percent - to 2 million 304 thousand tons. The company informed the Interfax agency about…
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Germany's largest steel trader Kloeckner posted a net loss in Q3German distributor Kloeckner posted a net loss of € 9 million in the third quarter. The company attributed its financial setbacks to pressure from cheap imports and weak demand for steel in anticipation of further price reductions. The company's profit was also affected by falling prices for scrap…
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A voice crying in the desert: Turboatom continues to appeal to the Ukrainian authorities for protectionThis time, the leading machine-building enterprise of Ukraine, attacked, according to him, by parliament members, appealed to the Chairman of the Verkhovna Rada of Ukraine, People's Deputy of Ukraine of the VIII convocation V.B. Groisman. According to the press service of Turboatom, Groisman should…
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Steel production in Ukraine increased by 5.2 percentIn October 2015, steel production at Ukrainian metallurgical plants increased by 5.2 percent compared to October 2014, to 2.02 million tons. This is stated in the materials of the industry association "Metallurgprom", reports uaprom.info. The production of finished rolled products in an annualized…
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