Interpipe has concluded a 3-year agreement with the Societe Nationale Industrielle et Miniere of Mauritania on the supply of locomotive wheels with the diameter of 1076 mm according to AAR. SNIM is the sole owner of railroad infrastructure with the length of 704 km. The railroad connects the city of Zuerat with the port city…
Centravis has won a contract to supply over 3.3 thousand meters of seamless pipes made of stainless steel for exhaust systems to Akrapovic, Slovenia. Earlier Centravis has received an order from the German PMI to produce premium-quality exhaust pipes. In 2020, Centravis decreased output by 9.3% YoY, to 19.5 thousand ton. Sales amounted to 19.8…
Krastsvetmet has received a general license for one year to export silver in ingots. Thus, the company will be able to increase volumes and decrease time of exports. Until 2021, Russia only issued one-time licenses. It took a company 2-2.5 months to get a license. Since the start of the year companies can get one…
In 2020, Ukraine decreased steel export from 15.6 million tons to 15.2 million tons. At the same time, according to Worldsteel, Ukraine went up one step in the rating, from the 10th to the 9th position. China was the first with 51.4 million tons. Ukraine occupied the 4th place in the rating of importers with…
In May, Dneprovsky Iron and Steel Works decreased rolled metal output by 3.3% YoY, to 24.1 thousand tons. Steel manufacture grew by 2.8%, to 29.3 thousand tons, pig iron – by 2.3%, to 26.6 thousand tons, and coke – by 3.7%, to 41.7 thousand tons. Last year, rolled metal output fell by 68%, to 140…
Novokramatorsky Machine-Building works has designed and produced a set of machinery for the light section-wire mill-350/250. This mill can produce rods with the diameter of 10 to 30 mm and wire rods with the diameter of 5.5 to 12 mm. “NKMZ used to mostly modernize and reconstruct such mills, producing separate equipment for them. But…
In January-March, Interpipe received a revenue of $201 million, down by 20% YoY. EBITDA dropped by 53%, to $40 million, while capital investments grew by 58%, to $17 million. Net debt amounted to $53 million. Railroad sales revenue decreased by 53% and volumes by 32%. (Ukrainian metal)
In January-May, Ukraine procured 1.57 million tons of scrap, up by 35.1% YoY. The growth was due to high purchasing prices of metal companies, as well as increasing activity of exporters. Metal companies received 1354.9 thousand tons of scrap, up by 23.6%. Scrap stocks are estimated at 140-145 thousand tons. Exports amounted to 146.3 thousand…