Russia: ZTZ wins Yamal SPG pipe tender

Zagorsky Pipe Works has won a tender to supply pipes to Yamal SPG. The company has to deliver 10 thousand tons of pipes with 530×25 mm and 530×28 mm size of X70 steel with insulation. The pipes will be used in construction of the second stage of the Yuzhno-Tambeysk gas condensate deposits. (Ukrainian metal)

Russia: MMK the largest scrap consumer in 2016

In 2016, according to the railroad statistics, Magnitogorsk Iron and Steel Works received 2.15 million tons of ferrous scrap. The deliveries increased by 20.2% YoY, and slightly exceeded the 2013 level. Still they were 15.5% below 2014 results. After NLMK-Kaluga MMK has the second largest index of positive scrap consumption in 2016. (Ukrainian metal)

Russia: Severnoye Olovo to be liquidated

Severnoye Olovo, managed by Roman Abramovich’s Aristus Holding Ltd, decided to stop operating. The company had a license through 2028 to work at the largest tin deposits in Russia – Pyrkakai in Chukotka Autonomous District, but gave it up in November 2016. Pyrkakai reserves are estimated at 228.5 thousand tons of tin (the fourth place…