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Metinvest Supplies 100th Mobile Shelter to Ukrainian Defence ...
Wed, 01 Feb 2023 12:55:41 GMT
Since the early days of the full-scale war, Metinvest Group has been actively involved in Ukraines fight against the aggressor. One of the most important efforts has involved providing comprehensive aid to defenders as part of Rinat Akhmetov's Steel Front military initiative. In particular, Metinvest has delivered 100 special mobile shelters to the front line. Most of them protect defenders in sectors of the front line where the fiercest battles are taking place, including near

Statement by Metinvest Group
Wed, 01 Feb 2023 09:00:00 GMT
This is to inform that the Metinvest Group has been notified on the completion of the latest round of Smart Holding restructuring, which holds 23.76% in the parent company of the Metinvest

Ukraine: AMKR shuts down coke-oven batteries
Mon, 30 Jan 2023 09:36:32 GMT
On October 12, 2022, ArcelorMittal Kriviy Rih shut down coke-oven batteries Nos. 1 and 2. This will help decrease pollution by 2.5 thousand tons per year. In particular, emission of ammonia, hydrogen sulfide, benzene and phenol will be decreased. (Ukrainian

Ukraine: Pokrovskoye MG to launch new long face in March 2023
Wed, 25 Jan 2023 11:49:11 GMT
The Pokrovskoye Mine Group is preparing to launch for long faces. They will be gradually commissioned this year. The first long face to be launched will be the 9th northern face of the block No. 10. Its reserves exceed 1 million tons of coal. The first coal will be produced in March. (Ukrainian

Mikhailovsky GOK received a railway crane with a lifting capacity ...
Wed, 25 Jan 2023 00:00:00 GMT
Mikhailovsky GOK named after A.V. Varichev (Metalloinvest company) received a modern railway crane of domestic production with a lifting capacity of up to 80 tons. This was reported by Metalloinvest. The new crane is designed for freight, construction and installation and emergency recovery work on railway tracks. It has high productivity, meets modern requirements in the field of safety and comfortable working conditions. The railway crane is equipped with a fire alarm system and a smart

MMK to Invest in Environmental Protection
Wed, 25 Jan 2023 00:00:00 GMT
Steel producer Magnitogorsk Iron and Steel Works (MMK) has announced that it will invest RUB 26.8 billion ($455.2 million) in environmental protection this year. The main investments will be linked to the construction of new environmental protection facilities at MMK's by-product coke plant as part of its comprehensive overhaul. This will include the construction of coke oven battery No. 12. A total of around RUB 14 billion will be allocated to the projects. MMK's environmental program for

Ukraine: Demurinsky GOK not confiscated
Tue, 24 Jan 2023 10:21:10 GMT
The Supreme Anticorruption Court has not satisfied the claim of the Ministry of Justice on the confiscation of Demurinskiy Mining and Processing Works and other companies controlled by the Russian billionaire Mikhail Shelkov. The court did not find the proofs of Shelkov having control over DemGOK strong enough. DemGOK via its Cyprus owner has

Romanian steel pipe group sold by Russian owner to Serbian investment ...
Tue, 24 Jan 2023 00:00:00 GMT
Romanian pipe manufacturer Artrom Steel Tubes has been acquired by Belgrade-based investment banking company Hefestos Capital from Russian pipemaking group TMK, Artrom said in a statement emailed to S&P Global Commodity Insights. The sale of Artrom may have been necessitated by pressure from the Romanian government to disassociate industrial enterprises from the Russian business,

Centravis registers parent company in Switzerland
Wed, 18 Jan 2023 00:00:00 GMT
Ukrainian stainless seamless pipe producer Centravis has registered its parent Centravis Ltd. in Switzerland, the company tells Kallanish. It was previously registered in Cyprus. The firm says the change of jurisdiction will help it improve its credit rating and attract longer and cheaper funds for the development of production in Ukraine. This is a

Ukraine's Metinvest officially confirms interest in Hungarian ...
Fri, 13 Jan 2023 00:00:00 GMT
Ukrainian mining and steelmaking company Metinvest has a certain interest in Dunaferr, a Hungarian integrated flat steel producer that recently entered into administration, a Metinvest spokesperson confirmed to S&P Global Commodity Insights Jan. 12. Metinvest may be the only steel company in Europe that, thanks to its proximity to Hungary and captive iron ore

TMK deconsolidates EU steel mills; Rusal about to lose alumina ...
Fri, 13 Jan 2023 00:00:00 GMT
Russian steel pipe maker TMK and Russian aluminum producer Rusal are set to lose some of their foreign assets the former in the EU and the latter in Ukraine, industry sources told S&P Global Commodity Insights Jan. 12. Romanian steel pipe manufacturer TMK-Artrom is changing its name to Artrom Steel Tubes due to

Russia's NLMK restarts steel coil rolling at Belgium's La Louviere ...
Thu, 12 Jan 2023 00:00:00 GMT
Belgian flat rolled steel producer NLMK La Louviere has resumed hot rolling operations at its 1.7 million mt/year hot strip mill, which had been idled in the second half of December, Russian parent company NLMK told S&P Global Commodity Insights Jan. 11. The mills rolling operations are currently limited to a smaller range of

Number of CIS steel news reports: 12
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