ArcelorMittal Kriviy Rih has won the tender to supply rebars for the construction of the railroad between the city of Kiev and the Boprispol airport. On July 23 the first batch of 62 tons of rebars with the diameter of 32 mm and the length of 12 m was shipped. Altogether AMKR will supply some…
In January-June the Republic of Buryatia extracted 2128.9 kg of gold, on the previous year level. At the same time ore gold output increased by 8% YoY, to 1712.8 kg, while that of alluvial gold dropped by 24%, to 416.1 kg. Last year the republic yielded 5677.9 kg of gold. (Ukrainian metal)
Rosgeologia will carry our prospecting works for ore gold on Levoberezhnoye ore field. The corresponding agreement has been concluded in summer. The site with the size of 6.62 square km is situated in the Cherek district of the Republic of Kabardino-Balkaria. The project is to be completed by early 2021. (Ukrainian metal)
The Central Processing Factory Pechorskaya of Vorkutaugol has successfully finished an experiment to improve quality of the coal concentrate and has started supplying it to Cherepovets Iron and Steel Works. The project to decrease ash content in the concentrate began in April. As the result of the experiments, the ash content was decreased to 8%.…
In January-June Ukraine exported 7.82 million tons of rolled metal, or 84.6% of all the metal manufacture, almost on par with H1 2017 level. Semi-finished products accounted for 44.9%, up from 41.2%. Flat rolled metal was 33.3% against 33.9% last year. Bars’ share dropped to 21.8% from 24.9%. (Ukrainian metal)
The net profit of VSMPO-Avisma fell by 0.9% YoY, to 8.716 billion rubles in January-June, as calculated under Russian Accounting Standards (RAS), the company said in a report on July 26. Revenue increased by 5.7%, to 38.282 billion rubles. Titanium sales grew by almost 6%, to 15,000 tons in the period. (Prime/Ukrainian metal)
In January-June companies received 2.081 million tons of rolled metal, with 653.3 thousand tons, or 31.4% imported. In H1 2017 the market consumed 1.971 million tons of rolled metal, with 575.3 thousand tons, or 29.2% imported. Thus, rolled metal consumption increased by 5.6%, with the import share up by 13.6%. Bars accounted for 48.6% and…