Refugees who had to leave Donbass because of the Russian aggression and to find new home in other regions of Ukraine, continue contributing to its development. In particular, a businessman from Gorlovka moved to the village of Dityatki, near the Chernobyl NPP zone. There Vadim Minzyuk, who had a large enterprise in Gorlovka, created a…
In August, according to the customs statistics, Russia exported 137.8 thousand tons of pig iron, down by 55.3% MoM and by 73% YoY. In July the results were down by 43% MoM, but up by 35.7% YoY, while in June – up by 38%, but down by 14.7% YoY. In January-August sales dropped by 20.1%…
Beloretsk Iron and Steel Works has repaired and commissioned one of the main shops – rolling mill-150. 90% of the products manufactured there are processed at the steel wire shops of BMK. All the repair work was complete in 8 days. The rolling mill-150 specializes in the manufacture of high quality wire rod with the…
The Metal Wares Trading Company forecasts changes in prices from November 1. Construction nails will become some 5% cheaper, and wire – 2-3%. MTK believes that the price drop could be larger, but many manufacturers report decreasing output by up to 40%. Thus, the company believes the market will not repeat the sharp price fall…
The arbitrary court of Chelyabinsk region declared Ufaleinickel bankrupt following the claim of Rost-bank because of the debt of 202.6 million rubles. The total debt of the company to the bank is 14.6 billion rubles. In August the company shareholders decided to shut down Ufaleinickel. (Ukrainian metal)
Since the beginning of the year Mednogorsk Copper and Sulfur Works has sent 1136 tons of ferrous scrap valued at 12.6 million rubles to Nadezhdinsky Iron and Steel Works and Electrostal Tyumeni. The main source of scrap is disassembly of old machinery and metal structures. One of the latest objects to be disassembled and turned…
MMK has successfully confirmed the correspondence of its energy management system to the ISO 50001. The certification was obtained in September 2016. According to the company statement, the supervisory audit has confirmed that since the certification the energy management system has been corresponding to the standard and no inconsistencies have been found. The auditors have…
In September Russia produced 6.025 million tons of steel, up by 5.8% YoY (6.226 million tons in August). In 9 months steel output totaled 54.203 million tons, up by 2.8% YoY. In September Ukraine produced 1.845 million tons of steel, down by 0.8% YoY (1.905 million tons in August). In January-September steel output totaled 16.138…
