In 2019 Mechel-Service Kazakhstan supplied over 2.6 thousand tons of beams for the construction of a Tengiz Chevroil oil plant in Atyrau region. The project is expected to be launched in 2022. Mechel-Service Kazakhstan has supplied flanged beams manufactured by Chelyabinsk Iron and Steel Works. In the past 5 years the company has sold some…
Metalloinvest has signed a program of social and economic partnership with the government of Belgorod region for 2020. The volume of the program will exceed 8.55 billion rubles, and Metalloinvest will contribute 1.7 billion rubles. Metalloinvest is the city-forming company of Starooskol and Gubkinskaya agglomerations, accounting for a third of the region population. The money…
According to Rusal, in 2019 global demand for aluminum grew by 0.1%, to 65.3 million tons. Despite the current uncertainty, the segment of cargo transportation could provide for the growth of demand in 2020 on the background of new models launch, including electric vehicles, and the increase of aluminum usage in automobile industry. The global…
In January-February, Ukrainian seaports exported 6.6 million tons of iron ore, up by 41% YoY. Transportation of ferrous metals grew by 7.8%, to 30.5 million tons, rolled metal – by 10%, to 1.96 million tons, and pig iron – by 12.2%, to 436.6 thousand tons. At the same time transportation of scrap dropped by 14.2%,…
Metinvest has gained control over 73% of Dneprovsky By-Product Coke Plant shares. In 2014 the group applied to the Antimonopoly Committee of Ukraine to buy the controlling stake in Dneprodzerzhinsk By-Product Coke Plant, which was renamed in 2017. A year ago the Committee approved of the deal with some limitations. In particular, the group was…
Trubodetal has successfully passed its second annual supervisory audit by the American Petroleum Institute, API. Following the inspection the company has confirmed the correspondence of its quality management system to ISO 9001:2015 and the new edition of API Spec Q1 Edition 9, which sets additional requirements to oil and gas industry enterprises. The inspection has…
In January Russia exported 3.14 million tons of ferrous metals, down by 6.5% YoY. According to the Federal Customs Service, exports without pig iron, ferroalloys, wastes and scarp totaled 2.198 million tons, down by 7.3%. Sales of carbon steel semi-finished products decreased by 4.1%, to 1.252 million tons, and of flat rolled metal – by…
Vostsibugol Company LLC has increased the statutory capital of its daughter company Razrez Cheremkhovugol LLC (Irkutsk region) from 100 thousand rubles to 1.67 billion rubles. Moreover, in January the company increased its share in the Irbeyskiy Razrez LLC (Krasnoyarsk region) to 100%. The increase of the statutory capital is due to consolidation of coal and…