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"Metinvest " in May increased revenue by 13.6% versus April, debt increased by $ 25 million

Metinvest's total revenue in May consisted of $ 631 million in the Metinvest division, $ 291 million in the mining division and $ 79 million in...

Metinvest's Kryvyi Rih GOKs will pay double taxes to the local budget until September 2020

Additional monthly contributions to the city treasury of Kryvyi Rih help support the city's economy during a pandemic....

US Steel will not restart blast furnaces in Indiana until the end of this year

US Steel said it was encouraged by the recovery in the US auto industry and reported that demand from the construction sector exceeded all...

ThyssenKrupp closed the deal for the sale of the elevator business

Germany's largest steel producer has announced the completion of the € 17.2 billion sale of its elevator business to a consortium of Advent...

Minister for Strategic Industries of Ukraine inspected YUZHMASH workshops

On July 16, the Verkhovna Rada appointed Oleg Urusky as Vice Prime Minister - Minister for Strategic Industries....

At the sinter plant of the Ilyich Iron and Steel Works, final work on equipment debugging has begun

Metinvest Group's Ilyich Steel Plant is completing one of the largest environmental projects in the history of independent Ukraine - the...

S&P rating agency upgraded Ukrzaliznytsia's credit rating to 'B-'

The rating action reflects the decrease in the debt burden on liquidity in the current period after the signing of agreements by Ukrzaliznytsia on...

Moody 's: steel consumption in India will decrease by 10%

Indian steelmakers will have to sell more aggressively in export markets as domestic demand will be weak....

Ministry of Energy of Ukraine and State Energy Efficiency will develop hydrogen energy

Hydrogen energy can become a driver for sustainable economic development of Ukraine, according to the State Energy Efficiency Agency....

YUZHMASH declares its readiness to produce light-class launch vehicles

The number of satellites in orbit is constantly growing, and until 2017, approximately 800-900 satellites were operating in Earth's orbit. This...

A unique mold was manufactured at Energomashspetsstal

This development made it possible to significantly increase the stability of the casting process and prevent rejects....

Electricity imports from Belarus and Russia threatens the European integration of Ukraine - Olga Buslovich

Ukraine plans to resume imports of electricity from Russia and Belarus, as this can stop the synchronization of the Ukrainian energy system with the...

The road at Central GOK, Metinvest watering 14 BelAZ and MAZ

Central iron ore enrichment works, Metinvest Group, in 2020, will invest more than 790 million UAH in the upgrade of major mining equipment....

Dnipro steel digitized pass on the import and export of products

the Initiative of the security Service of DMK will reduce the time for passes and reduce the amount of paper documentation....

At Azovstal repaired the ball-rolling mill "1040" for 8 million hryvnia

Repair ball mill Softsale began at the end of 2019, and finished at the end of July 2020....

Ukrainian "Energoatom" plans to enter the electricity market of the Baltic countries

the Company considers to be strategically important target markets of the Baltic States through the Belarusian power engineering industry....

The company "NIBULON" will build five border patrol boats for Ukraine

Shipbuilding company "NIBULON" will build patrol boats for border 136,5 million Euro in the framework of Ukrainian-French contract....

The Ministry of energy of Ukraine will continue the work on liquidation of unprofitable state-owned mines

According to officials, the process of closing Ukrainian mines should be phased to prioritize regions and cities, requiring software support in the...

The European Union has opposed the adoption of Ukraine's law on localization of production

the European Union is concerned about the initiative of the Ukrainian politicians to restrict access to public procurement for engineering products...

Global steel production in June 2020 decreased by 7%

steel Production in June 2020 declined in all countries except China, Ukraine and Turkey....

ArcelorMittal Kryviy Rih reduced semi-annual steel production by 10%

PJSC "ArcelorMittal Kryvyi Rih", the largest mining-metallurgical enterprises of Ukraine, reported on the results of production in the first half of...

The presidents of Ukraine and Switzerland visited the KP "Water of Donbass"

Under the new program of humanitarian assistance by Switzerland to the needs of "Water of Donbass" in 2020, allocated 1.4 million Swiss francs....

S&P affirms "Metinvest" level "In", with a stable Outlook

Analysts have pointed out that the production performance of Metinvest in the first half of 2020 is not much affected by the pandemic COVID-19, and...

The European Parliament: hydropower plays a major role in the Energy strategy of the European Union

Recommendations were also published as part of a Taxonomy of the EU in the form of clarification and justification of criteria of suitability for...

Elon Musk called on mining companies to increase production of Nickel

Director General Tesla stated that the cost of batteries has become a major limiting factor for the growth of electric car sales....

INTERPIPE announced the further destabilization of the energy market of Ukraine

EAF plant "Interpipe Steel" can go from night to day mode due to the fact that the price of electricity day and night were almost the same....

Net profit of commercial port of Mariupol for half a year soared 58 times

Problems on the railroad and resumption of cabotage steel billet along the route Mariupol – Odessa brought to Mariupol port record-high revenues....

Submerged plant NLMK-Ural will resume no earlier than 10 days

July 20, late in the evening due to heavy rains and increasing water level in rivers in Nizhniye Sergi there was a flooding of the territory of the...

Carriage works of Sergei Tigipko will issue bonds with a rate of 14% per annum

the Securities will be issued AO "Dneprovagonmash" nominal value of 1 thousand 50 thousand pieces in each series....

ArcelorMittal Kryvyi Rih invests $ 700 million in environmental related projects

this was reported by General Director of the Kryvyi Rih enterprises during a visit to the factory of the Minister of environment and Chairman of the...

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