In January-February, Nikopol Ferroalloy Plant decreased output by 33.7% YoY, to 82.87 thousand tons. In particular, silicomanganese manufacture decreased by 35.2%, to 75.3 thousand tons, and ferromanganese – by 43.7%, to 3.53 thousand tons. At the same time, NZF increased other ferroalloys output by 59.1%, to 4.04 thousand tons. (Ukrainian metal)
In January, Russia exported 7.4 thousand tons of secondary aluminum, down by 43% MoM, but up by 44% YoY. Price grew from $1443 to $1478 per ton. Deliveries to Japan dropped from 10.1 thousand tons to 5.7 thousand tons, and to Cyprus – more than 2-fold, to 527 tons. In 2019 exports totaled 118.2 thousand…
In January, Russia imported 8 thousand tons of copper scrap and wastes, down by 14% MoM, but up 3-fold YoY. Price remained unchanged at $5.3 per kg. Deliveries from Germany dropped by 24%, to 1.1 thousand tons, and from the Netherlands from 3 thousand tons to 1.5 thousand tons. In 2019 imports totaled 57.6 thousand…
New manufacturing premises of a metal structures works will be built in Novo-Peredelkino, Moscow region until 2024. Satra-SG will carry out construction on the territory of 0.7 ha. The size of the premises will be 10.5 thousand square meters. Some 75 jobs will be created. Investments in the project will amount to 95 million rubles.…
Uchaly Mining and Processing Works is constructing the second stage of the industrial water treatment facilities. Over 376 million rubles have already been spent on the project. The facilities will be able to treat up to 25 thousand cubic meters of mine water per day. The full cost of the project, expected to end in…
Evraz NTMK has for the first time produced 400 tons of unique 20P channel with high impact strength at the temperature of minus 60 degrees C. This is the only company in Russia capable of producing such channels. The channel will be used in the construction of a wintering complex at the Russian Antarctic station…
Turkey’s export of steel to Kazakhstan from January through February made up $2.4 million, up by 5.2% YoY, Turkey’s Ministry of Trade reported. Export of steel to Kazakhstan in February increased to $1.5 million, by 7.7%. (Trend/Ukrainian metal)
In 2019, Industrial and Metallurgical Holding (PMH) increased net profit by 372% YoY, to 6.1 billion rubles due to exchange rate differences. Revenue dropped by 3%, to 86.8 billion rubles, mostly because of the decrease of pig iron and coke products prices, as well as a fall in coal output. Gross profit decreased by 15%.…