In January-November ferrous metals export revenue decreased by 10.8% YoY, to $8.2 billion. According to the State Tax Service, in November exports earned $596.7 million, down by 14% YoY. The decrease is explained with the overall drop in the industry. The share of ferrous metals in the exports was 18%, down by 3%. Imports in…
Severstal Steel Decisions has finished supplying metal structures for the construction of a warehouse building for the Schekinoazot Company in Tula region. Severstal Steel Decisions has designed documents for and produced the walling, while the employees of the Orel manufacturing site applied three-layer corrosion-resistant coating to the structures. The warehouse will store materials and spare…
In January-October Novorossiysk Sea Trade Port transported 121.235 million tons of cargo, up by 9.2% YoY. Ferrous metals accounted for 9.627 million tons, down by 13.8%. Non-ferrous metals throughput grew by 3.4%, to 0.854 million tons, mostly due to favorable aluminum market situation. Iron ore raw materials transportation increased by 25.3%, to 2.521 million tons.…
Starting from 2020 Mauro Longobardo will become the new CEO of ArcelorMittal Kriviy Rih, he has previously chaired ArcelorMittal Tubular Products Jubail. Paramjit Kahlon, current CEO of ArcelorMittal CIS, will work until the end of 2019, and then he will leave the Group. The corporation thanked Mr. Kahlon for his contribution to the development of…