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Daily Archives: 09.08.2018

Russia: Krasniy Octyabr finishes mill-1150 modernization

Krasniy Octyabr Iron and Steel WorksBy admin09.08.2018Leave a comment

In July Krasniy Octyabr carried out large-scale repairs on the mill-1150. The replacement of 118 bearings in roll-tables allowed decreasing the time to supply ingots, while at the same time increasing the speed of metal cutting. The repair of the soaking pits in the furnace bay significantly reduced company gas consumption. (Ukrainian metal)

Ukraine: non-ferrous metals exports up in January-July 2018

non-ferrous metalsBy admin09.08.2018Leave a comment

In January-July Ukraine increased imports of nickel (and wares) by 30.5% YoY, to $58.711 million. In July imports reached $11.169 million. Aluminum imports totaled $210.703 million, up by 1.5%, with $35.158 million in July, lead – $7.612 million, up 2-fold ($1.949 million), zinc and zinc wares – $51.514 million, up by 27.3% ($6.949 million). At…

Kazakhstan: AMT sued for environment legislation violations

ArcelorMittal TemirtauBy admin09.08.2018Leave a comment

The Department of ecology of Karaganda region has sued ArcelorMittal Temirtau for violation of the environment-protection legislation. The unscheduled inspection of the works revealed a number of violations. In particular, the company air pollution exceeded the allowed limits. The total damage to the environment is estimated at 1.395 billion tenge ($4 million). (Ukrainian metal)

Russia: Rusal profit down in Q2 2018

RusalBy admin09.08.2018Leave a comment

In April-June Rusal decreased net profit by 31% QoQ, to $218 million, but increased it by 8% YoY. In H1 net profit grew by 15% YoY, to $535 million. Quarter revenue dropped by 18% QoQ, to $2.25 billion, but went up by 4% YoY, to $4.99 billion in H1. (Ukrainian metal)

Ukraine: copper exports up in January-July 2018

copperBy admin09.08.2018Leave a comment

In January-July Ukraine imported $51.894 million worth of copper and copper wares, up by 9.4% YoY. According to the State Fiscal Service, exports grew by 38.5%, to $100.8345 million. In July Ukraine imported $9.328 million worth of copper and copper wares, and exported – for $13.268 million. (Ukrainian metal)

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