In July Russia increased rolled metal output by 2.2% YoY and by 8% MoM. In January-July Russia produced 35.1 million tons of rolled metal, up by 0.7% YoY. Pig iron output in July dropped by 2.7% YoY, but increased by 6.2% MoM. In 7 months Russia produced 30.2 million tons of pig iron, down by…
Evraz ZSMK has finished the capital repairs of the blast furnace No. 2. The repair will improve work efficiency, increase the lifetime and decrease blast furnace manufacture impact on the environment. Evraz spent around 1 billion rubles on the furnace repair. In 2016 ZSMK repaired its BF1, in 2018 BF3 will be repaired. ZSMK blast…
Oskol Electrometallurgical Works has finished modernizing capacities at its bar-rolling shop No. 2. The assembly of the main and auxiliary machinery is complete. Modernization has been carried out without shutting down the main manufacture. Investments into the project exceeded 800 million rubles. Now the company will be able to increase its rolled metal output by…
PJSC MMC Norilsk Nickel, the largest refined nickel and palladium producer in the world, reports IFRS financial results for six months ended June 30, 2017. Consolidated revenue increased by 11% YoY, to $4.2 billion primarily owing to higher realized metal prices. EBITDA dropped by 3%, $1.7 billion primarily owing to RUB appreciation against USD and…
In January-July Ukrainian metal companies decreased exports by 20.1% YoY, to 8.48 million tons. Steel semi-finished product exports decreased by 28.4%, to 3.46 million tons, flat rolled products by 2%, to 2.92 million tons, and long rolled products by 25.3%, to 2.09 million tons. The semis share in the export structure dropped from 45.5% to…