CIS steel news - Russia Ukraine Kazakhstan.

Metinvest will Increase Salaries for its Manufacturing and Repair ...
metinvest russia
Tue, 23 Apr 2024 11:00:00 GMT
Metinvest Group will increase salaries for the employees of its manufacturing andrepairfacilities in Ukraine from 1 May of this year. The Group will apply a differentiated approach to the revision of salaries and pay will be indexed at a rate above forecast


Metinvest Almost Doubles Tax Payments to Ukrainian Budget to ...
metinvest russia
Mon, 22 Apr 2024 11:00:00 GMT
Amid the full-scale war, Metinvest remains a pillar of Ukraines economy. In the first quarter of 2024, including associated companies and joint ventures, the Group increased its taxes and duties to budgets of all levels in the country to UAH4.2 billion, up around


Ukraine Slovakia: what trade between the countries looks like
iron ore ukraine
Mon, 22 Apr 2024 00:00:00 GMT
Since the start of the war, Slovakia has supported Ukraine by increasing its iron ore consumptio


Russia: coal industry on brink of collapse
coal market russia
Fri, 19 Apr 2024 09:28:50 GMT
The Commission of the State Council on Energy warns of a heavy crisis in the coal industry of Russia. This year, it could sustain losses of up to 450 billion rubles, which would exceed its income for the previous two years. The crisis is due to the drop in coal prices, increase in logistics


Interpipe is testing new routes to the EU Oleksiy Yanovsky
interpipe steel trade ukraine
Wed, 17 Apr 2024 00:00:00 GMT
The Ukrainian industrial company an exporter of steel pipes and railway products also hopes to restore full-fledged sea container transportation from


Ukraine: metal structures market to grow
market steel ukraine
Mon, 15 Apr 2024 09:46:30 GMT
According to the Ukrainian Center of Steel Construction, in 2024 the market of metal structures will grow by 7%, to 85 thousand tons. This will be achieved with the growth of restoration and reconstruction volumes, increase in demand due to the use of metal structures in non-housing construction, infrastructure projects and construction of large


NLMK Group fulfills all goals of Environmental Strategy 2023
ghg nlmk russia
Wed, 27 Mar 2024 00:00:00 GMT
NLMK Group has successfully achieved all key objectives as part of its Environmental Strategy 2023, reducing specific atmospheric emissions by 13%, increasing waste processing rate to 96% (recycling of secondary resources at 99%), and cutting discharges into water bodies in


MMK launches dynamic technology risk management system
investment mmk steel
Mon, 18 Mar 2024 00:00:00 GMT
Magnitogorsk Iron and Steel Works (MMK) has launched a new system that makes dynamic adjustments to the production process in a move aimed at lowering the rejection rate and reducing the risk of human error. The system relies on adaptive technology and quality management, predictive analytics and big data analysis to detect transient behaviour and process upsets. If the risk of obtaining non-conforming products increases, the system notifies the relevant personnel, automatically generates a


Turkish steel exporting body calls on EU to stop double standards ...
steel trade turkey
Fri, 08 Mar 2024 00:00:00 GMT
Ugur Dalbeler, the CEO of Turkish steel producer Colakoglu and deputy chairman of the Turkish Steel Exporter Association, has called on the EU to stop holding what he called double standards in terms of its trade rules, particularly regarding steel imports. Speaking to S&P Global Commodity Insights on the sidelines of the Eurometal conference held in Istanbul this week, Dalbeler said: On our exports to the EU importers need a declaration from us that there is no input from Russia


Hyundai Steel to Resume Steel Manufacturing Activities in Russia
hyundai production russia steel
Thu, 07 Mar 2024 12:42:00 GMT
South Korea's Hyundai Steel Co. is poised to recommence steel production operations in Russia, marking a return after a hiatus


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