In January-June Ferrexpo decreased pellets output by 1.2% YoY, to 5.096 million tons. According to the group statement, manufacture of pellets with 65% Fe content dropped by 2.5%, to 4.779 million tons, while that of pellets with 62% Fe content grew by 23%, to 317.1 thousand tons. The pellets manufacture of the group own ore…
The United States Department of Commerce has prolonged for a year the agreement with Interpipe, signed in July 2014, to suspend the antidumping investigation on pipes in exchange for price obligations on deliveries. The amendments to the contract will expire on July 10, 2019. Interpipe asked to prolong the agreement in November 2017. The department…
In June Ukraine’s coal mining enterprises of all forms of ownership extracted 2.55 million tons of coal, down by 5.8% from the planned targets, the Trade Union of Coal Mining Industry of Ukraine informed with reference to the Ministry of Energy and Coal Industry of Ukraine. “In June the coal mining enterprises of Ukraine of…
The prices of the main precious metals decreased in Azerbaijan on July 3, according to the data published by the Central Bank. The cost of gold decreased by 20.6805 manats, to 2,105.705 manats per ounce compared to the price on July 2. The cost of silver decreased by 0.3764 manats, to 26.8597 manats per ounce.…
According to VIAM CEO Yevgeniy Kablov, Russia experiences the problem of the lithium manufacture. The only lithium manufacturer in Russia is the Novosibirsk Works of Chemical Concentrates (NZKH), which supplies lithium both to the domestic customers and abroad. The enterprise started manufacturing lithium in 1960s. But Russia has no developed raw materials base to produce…
ZEMZ has carried out another important project to improve metal quality, labor conditions and environment protection. The thermal calibration shop has carried out two large-scale repairs, which also included new machinery assembly. First of all, the second etching department has assembled a new ventilation system of the alkali dip tank. A vitriolic tank was also…
Mechel-Service has supplied 2700 tons of beams for the construction of a Tatneft oil-extracting complex in the city of Nizhnekamsk. This is the first large-scale project in the industry being built from scratch for the past 30 years. Mechel rolled metal is used to produce metal structures for the second stage of the complex. The…
The projects to stimulate aluminum processing in regions are an important condition to develop economy of the Russian Federation. According to the governor of the Republic of Chuvashiya Mikhail Ignatiev, the region is open for investors and innovation projects. “We have to support and develop aluminum-based products manufacture, as they can be exported and support…
