Russia: UralKuz sales up in H1 2018

In January-June Uralskaya Kuznitsa increased sales by 43%, to 98 thousand tons.

UralKuz increases railroad axles output. Axles sales grew by 69%.

The company has been manufacturing products for railroad transport since 1995. (Ukrainian metal)

Russia: NLMK output up in H1 2018

In January-June NLMK produced 6.49 million tons of steel, up by 3% YoY. Pig iron output totaled 6.15 million tons, up by 7%. Galvanized rolled metal manufacture grew by 19%, to 424 thousand tons. Transformer steel output reached 54 thousand tons, up by 28%. In June the 2000-mill set a daily output record of 20.78…

Belarus: specialists searching for gold in Sudan

Belarusian specialists are busy doing geological prospecting work for the sake of gold extraction in Sudan, Belarusian Deputy Natural Resources and Environmental Protection Minister Andrei Khmel reported on July 19. The agreement on inviting Belarusian specialists to search for and extract gold in Sudan was reached as Belarus President Alexander Lukashenko visited the country. “A…

Russia: Belenergomash-BZEM to produce metal structures for Uzbekistan chemical industry

Belenergomash-BZEM LLC has concluded a contract for the manufacture of 2200 tons of metal structures for the Nitric Acid Works in the city of Navoi (Uzbekistan). The order comprises main and supplementary metal structures, roof and wall sandwich-panels, doors, windows, water pipeline system, etc. The company has already finished 3D-modelling and designing the structures, and…

Russia: Gaysky GOK buys new machinery

Gaysky Mining and Processing Works has purchased new mills for its repair-mechanical plant under the program to replace and modernize outdated machinery. Investments this year total 2 billion rubles. Since the start of the year over 20 units of mining machinery, both domestic and imported, have arrived at the enterprise. Two milling machines valued at…

Russia: corrosion-resistant seamless pipes imports up in January-May 2018

In January-May, according to the customs statistics, imports of seamless pipes of corrosion-resistant steel totaled 22.1 thousand tons valued at $61 million, up 2.9-fold and 1.6-fold YoY respectively.

This is the largest volume of imports in the past 7 years.

The main supplier is Kazakhstan (60%), followed by China (19%) and Ukraine (5%). (Ukrainian metal)

Russia: Severstal recommends paying dividends for Q2 2018

Severstal board of directors has recommended paying dividends for April-June in the amount of 45.94 million rubles.

The voting on the issue will be held at the next shareholders meeting scheduled for September 14.

The list of the shareholders entitled for the dividend payment will be created on September 25. (Ukrainian metal)

Russia: ZEMZ masters production of slabs of new stainless –nickel-based alloy

Zlatoust Electrometallurgical Works is carrying out a campaign to expand grade and size portfolio. Each month manufacture of a new type of product is mastered. In July the company started producing corrosion-resistant alloy on the basis of nickel. According to the tests, the quality of the slabs corresponds to all the technical conditions and GOST…

Russia: Izhstal output up in H1 2018

In January-June Izhstal produced 224 thousand tons of metal products, up by 9% YoY. Rolled metal manufacture increased by 12%, to 193 thousand tons. Sales of steel with special treatment of surface grew by 8%, of stainless grades without nickel – by 43%, and of speed steel – by 18%. Sales to the machine-building enterprises…