Energomashspetsstal will supply a batch of rolls for Azovstal Iron and Steel Works. “We will produce work rolls for hot-rolling weighing 6-16 tons. The total weight will reach 232 tons”, said the company in its statement. The rolls will be completely mechanically treated at EMSS and supplied to the buyer in the third or fourth…
In January-June Russia exported 1.77 million tons of aluminum valued at $2.51 billion, down by 1.2% and by 30.4% YoY respectively. According to the Federal Customs Service, exports to foreign countries dropped by 1.4%, to 1.74 million tons valued at $2.46 billion, down by 30.6%. Copper exports totaled 244.6 thousand tons valued at $1.12 billion,…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 463 631 372 474 June 463 659 466 469 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
In accordance with the technological modernization program of the main production equipment Zaporizhstal has finished 3d category overhaul repair with elements of reconstruction and modernization of blast furnace №4 (BF-4). Overhaul repair duration was 30 days; its financing amounted to about 170 million UAH. During repair works the key attention was paid to the implementation…
The supervisory board of Ingulets Mining and Processing Works has appointed Alexander Gerasimchuk the general director. In June 2015 Gerasimchuk was appointed acting CEO of InGOK. “Under his management the repair system has developed, industrial safety level increased, and new product appeared – concentrate with higher contents of Fe 68%. As the result of these…
The European Union has imposed 5 years antidumping duties on cold-rolled metal from Russia. The sanctions have affected the largest Russian metal companies: Severstal, Magnitogorsk and Novolipetsk Iron and Steel Works. The lowest duty is imposed for MMK – 18.7%. Severstal received 34%, while NLMK – 36.1%. The reason for the investigation was the complaint…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 124 153 143 148 June 131 153 146 155 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
In January-June Zaporizhstal consumed 87.2 million cubic meters of gas, down by 15% YoY, while increasing output of steel by 2.2%, of rolled metal – by 3.6% and of pig iron – by 2.7%. According to the company statement, gas consumption decrease was reached with the help of the program, which involved manufacturing effectiveness increase,…