The sales of the Armavir Electrometallurgical Works LLC did not take place. The auction saw the land plot of 85 ha, the site for the steel manufacture and other assets. The price slowly dropped from 248.4 million rubles to 124.2 million rubles, but no bids were made. The construction of the work was begun in…
The acting governor of Primorye region has signed the agreement on the development of tungsten ore deposits and the creation of the new enterprise – Malinovsky Mining and Processing Works. The agreement has also been signed by the Primorsky GOK CEO Vladimir Shagoyko and the director of its subsidiary the ore company AIR Vladimir Shepeta.…
In May NLMK-Kaluga shipped 102 thousand tons of rolled metal via railroad, up by 19% MoM, but down by 8.2% YoY. In January-May railroad sales totaled 463.3 thousand tons, up by 13.8% YoY. Deliveries to domestic customers reached 175.8 thousand tons, up by 17.1%, while exports – 287.4 thousand tons, up by 11.8%. (Ukrainian metal)
SMC-Kolpino, a part of Severstal Russian Steel, has started shipping steel billets to Tikhvin Wagon-Building Works. The total weight of the order is 230 tons. The delivery is scheduled to be finished in August. The billets are made by way of plasma cutting of plates produced by Cherepovets Iron and Steel Works. The thickness of…
Metalloinvest is modernizing the arc-furnace shop at Ural Steel. A contract has been concluded with Tenova (Italy) for the delivery of 2 arc-furnaces. They will be switched to the technique of FMF (flexible modular furnace), which zeroes the consumption of electrodes and electricity. The commissioning of the furnace No. 2 is scheduled for Q1 2019,…
Russia’s output of unrefined and semi-refined or powder platinum increased by 1.6% YoY and by 3% MoM in May, the Federal State Statistics Service said in a statement without disclosing absolute figures. Silver output increased by 11.9% and by 12.8% respectively. In January-May output of platinum grew by 4.4% YoY and of silver by 16.9%.…
In May Chelyabinsk Pipe Rolling Plant decreased railroad sales by 1.9% YoY and by 10% MoM, to 101.5 thousand tons. In January-May sales grew by 23.2%, to 560.8 thousand tons, with deliveries to domestic customers up by 53.2%, to 450.6 thousand tons, while exports dropped by 31.6%, to 110.2 thousand tons. In April ChTPZ increased…
In May Chelyabinsk Iron and Steel Works decreased railroad deliveries of rolled metal by 1.6% YoY and by 2.4% MoM, to 264.3 thousand tons. In January-May deliveries dropped by 1%, to 1.38 million tons, including to domestic market – by 3.6%, to 1.19 million tons, while exports grew by 19.8%, to 190 thousand tons. In…