Moldova Iron and Steel Works intends to win back its lost positions on Ukrainian market. Last summer sanctions were imposed on the company. In late March, the Council of the National Security and Defense excluded the plant from the sanctions lists. “We have plans of cooperation with agents, as the market is quite familiar to…
Domnaremont specialists have finished assembling metal structures of the new blast furnace Cowper stoves at the Cherepovets Iron and Steel Works. The Cherepovchanka blast furnace No. 3 has four Cowper stoves. Their height is some 40 meters and the weight – 500 tons. The assembly started last September. The blast furnace is expected to be…
In 5 years several large-scale projects on pipe manufacture are expected in Russia, resulting in the welded pipes output increase by 13%. OMK believes that the market demand will grow by 6%. Average loading of capacities will drop from 50% to 47%. In particular, OMK intends to commission a shop to produce oil and gas,…
Russia produces around 19 million tons of hot-rolled sheet per year, including 14 million tons of thin sheet and 5 million tons of plates. In 2017-2018 a third of this volume was exported. Hot-rolled metal imports grew from 1 million tons in 2016 to 2 million tons in 2017-2018. Domestic consumption of hot-rolled metal in…
According to the NLMK chief specialist Vitaly Glazunov, the company has decided to shut down two of its welded pipe lines with the combined capacity of 50 thousand tons per year. In 2018 – April 2019 average price difference between cold-rolled metal and welded pipes in Russia was around 700 rubles per ton with VAT…
U.K.-based mining giant Evraz, which operates mainly in Russia, plans to invest 6.4 billion rubles in the first stage of the development of the Kachkanar-proper titanium magnetite vanadium-containing ore deposit in the Sverdlovsk region, the company said in a statement on May 27. Commercial ore production is expected to begin in the first quarter of…
The state enterprise Pervomayskugol has ordered the Mirnogradskaya Central Processing Factory coal processing services valued at 44.08 million UAH. This year the factory will have to process 304 thousand tons of coal at 145 UAH per ton. The price of the contract is 0.05% below the expected cost (44.1 million UAH). (Ukrainian metal)