Russia: Rostec to increase gold projects

The Rostec state corporation will receive a third part of the project to extract gold in Irkutsk region. Analysts find it difficult to estimate the cost of the project, which is still on the level of prospecting, but consider it attractive, taking into account the high gold content in ore. Rostec will receive 35% in…

Russia: CherMK output of galvanized metal for construction up in November 2019

In November Cherepovets Iron and Steel Works produced the maximum monthly amount of metal at the continuous hot-dip galvanizing machine No. 4 – 31,027 tons. These products are in high demand in construction, machine-building and lightweight metal structures manufacture. The galvanized rolled metal with trivalent chrome coating had a high share in orders. In November…

Russia: ITZ passes API certification

Izhorsky Pipe Works has once again successfully passed the supervisory audit according to API. The inspectors checked the current management quality system for compliance with API Specification Q1 9th edition and ISO 9001:2015. As a result the company has confirmed its ability to produce pipes according to API Specification 5L 46th edition. (Ukrainian metal)

Russia: metal output to drop in 2019

In 2019 metal output is expected to decrease because of the long repairs of rolling mills and blast furnaces. In January-September Russian metal output increased by 1.3%, mostly due to the non-ferrous metals (+2%), while ferrous metals dropped by 0.1%. Exports fell by 10.6%, with prices down by 15-20%. Domestic consumption grew by 4%. (Ukrainian…

Russia: ChelPipe sells over 150,000 tons of pipes for TAPI pipeline

Chelyabinsk Pipe Plant (ChelPipe) has delivered more than 150,000 tons of large-diameter pipes for construction of the linear part of the Turkmenistan–Afghanistan–Pakistan–India (TAPI) pipeline, the company said in a statement on December 25. “ChelPipe Group was the only Russian company to pass all stages of qualification selection and offer the best delivery conditions among 94…

Ukraine: positions in world steel and pig iron rating retained in January-November 2019

Ukraine retained its 10th place in the ranking of the world’s largest pig iron producers and the 13th place in the ranking of the world’s largest steel producers in January-November, according to the World Steel Association. “Ukraine ranks 10th among 40 pig iron producing countries. Ukraine ranks 13th among 62 steel producing countries,” the Ukrmetalurhprom…