Russia: NLMK-Metiz introduces new wire packaging

NLMK-Metiz has started packing galvanized and thermally untreated wire without coating in stretch-film in addition to steel bands. The new type of packaging has been introduced following requests from customers. The stretch-film protects surface of the wire from the influence of external factors and mechanical damage during long-term transportation and storing. The first batch of…

Russia: NTPZ starts producing round pipes

Noginsk Pipe-Sections Works has started manufacturing round electric welded pipes.

So far the company can produce pipes with the diameter of 57 mm and 20 mm.

By the end of the year the company intends to have mastered the manufacture of pipes with the diameter of 15, 25, 32, 40 and 50 mm. (Ukrainian metal)

Kazakhstan: KAZ Minerals pays debts

The net debt of KAZ Minerals as of September 30 decreased to $1.986 billion from $2.052 billion as of June 30.

In Q3 the company also paid interest on the loans in the amount of $99 million.

Royalty payments totaled $49 million.

The gross debt of the group is $3.502 billion. (Ukrainian metal)