The mining company Vesco will start developing the Pobeda refractory clay deposit in Donetsk region. The company obtained the respective license back in 2016. The quarry has the size of 30 ha. Its balance reserves are estimated at 814 thousand tons. The company intends to extract 500 thousand tons of clay per year, or 705…
ArcelorMittal Temirtau has carried out a project begun in 2017 to switch to the horizontal axle of hot-rolled coils transportation in the sheet-rolling shop No. 1. The new machinery will improve shipping rates and working conditions. “The direction of coiling and the operation of the coiler are carried out in the automatic mode. Previously it…
Russia has supported the idea of imposing antidumping duties on galvanized rolled metal originating from China and Ukraine for 5 years. Initially the department of the inner market protection of EEC suggested imposing the duty for Ukraine on the level of 23.9% and for Chinese manufacturers – from 12.69% to 17%. The investigation was initiated…
In October Yuzhniy Kuzbass mined over a million tons of coal, up by 9% MoM and by 77% YoY. 4.7 million tons of rock were processed, up by 16% and by 55% respectively. Some 915 thousand tons were processed at the factories, up by 12% and by 46%. Sales grew by 5% MoM and by…
In September Russia imported 437 tons of magnesium, up from 433 tons in August, and 60-fold YoY. China accounted for 435 tons, up by 8%. In 9 months imports totaled 6.2 thousand tons, up by 88% YoY. In monetary terms since the start of the year the imports have increased by 99%. Import price in…
In January-September Tuapse Sea Trade Port transported 10 million tons of cargo, up by 5.5% YoY. Ferrous metals accounted for 1.9 million tons, down by 15.4%. In particular, the port transported 1.7 million tons of slabs, down by 13.3%. (Ukrainian metal)
In January-September TMK received $3,667 million of revenue, down by 4% YoY. The Russian division revenue grew by 4%, to $2,719 million. EBITDA reached $508 million, down by 3%, with Russian EBITDA amounting to $438 million, up by 21%. Net debt as of September 30 totaled $2,671 million. (Ukrainian metal)
Evraz has shipped some 400 tons of S255 and C345 beams manufactured at NTMK for the construction of the blast furnace No. 3 at Cherepovets Iron and Steel Works. The construction began in 2018, and the furnace will be blown in H2 2020. The rolled metal was shipped in April-October. (Ukrainian metal)