Metallurgy news
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Mariupol plant named after Lenin last year received almost UAH 3 billion in lossesThe Mariupol Metallurgical Plant named after Ilyich of Rinat Akhmetov's Metinvest Group reported record losses received in 2013. According to preliminary data, the amount of the loss reached UAH 2 billion 929 million 911 thousand, which is 5.3 percent higher than in 2012. According to the…
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Steel industry is under stress from automakers' switch to aluminumThe transition to aluminum is gaining momentum. Automakers are under increasing pressure to meet stringent new fuel economy standards, with the result that use of lightweight aluminum is expected to double by 2025. The carmakers' shift towards aluminum has raised concerns among steelmakers, who…
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Moscow supports the implementation of the agreement between the Verkhovna Rada and the President of UkraineThe law on holding the presidential elections in Ukraine on May 25 contradicts the agreement of February 21. This was stated by Russian Foreign Minister Sergei Lavrov following talks with his colleague from Luxembourg Jean Asselborn. The agreement of February 21, signed by the then opposition and…
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Pavel Globa predicted the collapse of Ukraine into three parts this yearThe famous Russian astrologer Pavel Globa in 2009 predicted the disintegration of Ukraine into 3 parts in 2014. “Ukraine will fall into three parts. The disintegration will not happen now, but by 2014 there will be two de facto independent administrations in Ukraine, while maintaining the formal…
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Quotes of Ukrainian steelmaking companies are growing rapidlySince Monday, an unprecedented rise in quotations of shares of metallurgical companies in Ukraine has been observed on the stock exchange. Yesterday UFB was forced to suspend trading due to a 15% rise in share prices per session. Experts say that in this way investors are leaving the foreign…
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Ministry of Energy accuses residents of Ukraine of debts to RussiaAs of February 24, Ukraine paid to Russia for the supplied natural gas 1 billion 680 million dollars out of 3 billion 300 million due to the fault of the housing and communal services (HCS). Acting told reporters about this. Minister of Energy and Coal Industry of Ukraine Eduard Stavitsky…
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BMZ plans to increase export of oil pipes in 2014In 2014, the Belarusian Metallurgical Plant (BMZ) intends to increase the export of pipes for the oil and gas industry by 10 percent. In 2013, the company sold over 80 thousand tons of these products. BMZ supplies its oil and gas pipes to 15 customers in seven countries. Last year, the key markets…
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Zaporizhstal reported on environmental protection measures in ZaporozhyeOn February 21, 2014, during public hearings, Zaporizhstal Iron and Steel Works presented a report on the implementation of the plant's modernization projects included in the Program of Environmental Measures of the city of Zaporozhye. The event was attended by representatives of the environmental…
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Control over the Makeyevka Metallurgical Plant cost Metinvest in 2013 UAH 200 millionThe net loss of the Makeyevka Metallurgical Plant in 2013 doubled and amounted to UAH 192 million 700 thousand. compared to UAH 101 million 200 thousand in 2012. This is stated in the message of the plant in the information disclosure system of the National Commission on Securities and Stock…
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The Party of Regions is looking for a new victimAt a meeting on Saturday, March 1, the faction of the Party of Regions in the Verkhovna Rada will decide on a new candidate for President of Ukraine. The MP from the faction of the Party of Regions Anna German told the journalists about it. The new President, according to the deputy, must prevent…
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