The Russian businessman Igor Shamis could become a new owner of KVV Liepajas metalurgs. He wanted to acquire the works back in 2014, but lost to the Ukrainian KVV Group. The Latvian Privatization Agency chairman Vladimir Loginov confirmed that the Cabinet of Ministers would decide on the new owner in October. Last week a new…
ArcelorMittal Kriviy Rih is carrying out a reconstruction of its sintering machine No. 5 premises and buildings. In particular, it is planned to assemble a dust exhaust system and replace gas-purifying equipment. The work is carried out under the sinter shop No. 2 modernization program. The cost of the sinter shop No. 2 reconstruction is…
The local market protection department of the Eurasian Economic Commission has suggested decreasing antidumping duty on the imports of some types of pipes manufactured by Interpipe. In particular it is suggested to set the duty for casing pipes on the level of 9.98%, for compressor-pump pipes at 12.23%, for oil-and-gas, as well as ordinary pipes…
In January-September Ukrainian metal companies received 2.4 million tons of scrap, up by 5.2% YoY, with the metallurgists needs covered by 89%. Average use of scrap in 9 months was 156.8 kg per 1 ton of liquid steel. Scrap exports increased by 33.6%, to 321.1 thousand tons, with the most sold to Turkey. Imports dropped…
In January-September Ukrainian metal companies imported 1.026 million tons of coke, down by 8.2% YoY, valued at $285.845 million, up by 47%. According to the State Fiscal Service, the main suppliers of coke were Russia (46.78%), Poland (41.86%) and China (5.67%). Coke exports increased by 13.5%, to 200.2 thousand tons valued at $40.775 million, up…
The products of the new Chelyabinsk Iron and Steel Works subsidiary on the manufacture of welded beams are used in the construction of a bridge in Amur region. 20 welded beams of 70B2 grade have been delivered to UralStalProkat for the construction of the bridge over the Zeya River. The delivery has been carried out…
Severstal will deliver 3 thousand tons of hot-rolled sheets for the construction of the Kursk Nuclear Power Plant No. 2. The sheets will be supplied to Power Machines, where they will be made into machinery. All the metal will be produced by Cherepovets Iron and Steel Works. Deliveries have already started and will be complete…
Akim of North-Kazakhstan region Kumar Aksakalov paid a working visit to the Yesil district. During the visit, Kumar Aksakalov familiarized himself with the work of Aulie Gold Mining LLP. The Russian company has been mining gold-bearing ore since 2015. And it plans to increase production from 130 thousand to 600 thousand tons by 2018. The…
