In January Zaporozhkoks produced 73.1 thousand tons of blast furnace coke, having fully met its manufacturing plan. At the same time the output was down by 6.2% YoY. The decrease is due to the scheduled repair of the coke oven battery No. 2. The company accounts for 10% of all Ukrainian coke. In 2018 Zaporozhkoks…
In 2018 Rusal produced 3.753 million tons of aluminum, up by 1.3% YoY. At the same time, sales dropped by 7.2%, to 3.671 million tons. In Q4 2018 the output grew by 0.4% QoQ, to 0.943 million tons, while sales decreased by 16.2%, to 0.877 million tons. In 2018 the average price was $2259 per…
ArcelorMittal Kriviy Rih has started supplying its metal products for the reconstruction of H-31 Dnipro-Tsarychanka-Kobelyaki-Reshetylovka highway in Poltava region. This is one of the most large-scale infrastructure projects in Ukraine. Since the end of 2018, the company has already shipped about 90 tons of rebar of A500C class of 25 mm diameter and A240C class…
The prices of precious metals varied in Azerbaijan on February 8. The price of gold increased by 7.523 manats, to 2,225.9715 manats per ounce on February 8 compared to the price on February 7. The price of silver grew by 0.0503 manats, to 26.6587 manats per ounce. The price of platinum decreased by 14.365 manats,…
Magnitogorsk Iron and Steel Works (MMK) plans capital expenditures at around $850 million in 2019, the company said in a presentation on February 7. CFO Andrei Yeryomin said in a conference call that capex included $300 million to be spent on maintenance of existing capacities, and the remaining money would be spent on upgrades of…
Oskol Electrometallurgical Works has produced the 70-millionth ton of metallized pellets. In December 2018 the pelletizing and metallizing shop, recently reorganized into the pelletizing and metallizing factory, turned 35. In 2010 the company modernized its metallizing machine No. 1. In 2013 the metallizing machine No. 3 was put into operation. In 2015 the metallizing machine…
In 2018 Cherepovets Iron and Steel Works increased electricity output by 2.8% YoY, to 4.565 billion kWh. According to Severstal Russian Steel CEO Vadim Germanov, this allowed saving some 200.4 million rubles. The share of the company’s own electricity reached 77.9% of the total consumption. (Ukrainian metal)
The import-replacing multi-strand steel ropes of Beloretsk Iron and Steel Works have received certificates. This will allow the company increasing its share of the local metal ware market. The new ropes are made according to a German standard and are used in lifting machinery. The 8-strand ropes with the diameter of 68 mm and 12-strand…