Ukraine: EMSS ships 170 tons of rolls to Azovstal

Energomashspetsstal has produced and shipped another batch of rolls to Azovstal Iron and Steel Works.

The rolls will be used in bar rolling.

According to the contract, signed in April, EMSS has produced 24 working rolls for hot-rolling with the weight of 6-16 tons. The total weight of the batch is 170.72 tons. (Ukrainian metal)

Russia: Severstal reports of illegal use of brand

Severstal has learned of a fake electronic address: [email protected]

This address sends out commercial offers to buy rolled metal at prices lower than current Severstal Distribution prices.

The company also reports of the phone calls with the same content.

At present Severstal is trying to terminate the illegal use of its trademark. (Ukrainian metal)

Russia: Mechel-Service supplies rebars for navy base construction

Mechel-Service has supplied 500 tons of rebars for the construction and modernization of the Novorossiysk military-navy base.

According to the company statement, the rebars for the new base have been manufactured at Chelyabinsk Iron and Steel Works. (Ukrainian metal)

Russia: metal imports up in H1 2017

In January-June Russia considerably increased imports of metal products. According to the Federal Customs Service, Russia imported 3.018 million tons of ferrous metals, up 1.6-fold YoY. Far foreign countries supplied 1.134 million tons, while CIS countries – 1.885 million tons (0.615 million and 1.238 million tons in 2016 respectively). Ferrous metals imports not taking into…

Russia: Evraz net profit up in H1 2017

In January-June Evraz increased net profit 12.3-fold YoY, to $86 million.

According to the company statement, its consolidated EBITDA grew 2-fold, to $1.152 billion, while consolidated revenue increased by 44.1%, to $5.1 billion.

Evraz’s net debt in H1 totaled $4.3 billion, down from $4.8 billion in late 2016. (Ukrainian metal)

Kyrgyzstan: Ak-Tyuz plant employees afraid to strike

Employees of Ak-Tyuz plant fear to hold a strike, the former chairman of the trade union Dokturbek Maychiev announced on August 10. According to him, six people were dismissed illegally, other 36 resigned voluntarily because they were tired of tolerating salary delays. “People are frightened. Those who cannot find another job are silent. They are…

Ukraine: AMKR and TIS build indoor storage for metal goods at Yuzhny port

ArcelorMittal Kriviy Rih and Transinvestservice stevedoring company (TIS, Odessa region) have opened an indoor transshipment complex for metal goods worth more than $4.5 million at Yuzhny seaport (Odessa region). According to a press release from TIS, the complex includes a warehouse for 7,000 square meters with a capacity of more than 40,000 tons. Its capacity…

Russia: EU duties not to affect MMK

The imposition of EU duties on hot-rolled metal will not affect Magnitogorsk Iron and Steel Works. “At present a minimum price of 473 euro per ton is being discussed. If the price is higher, the duty will not be imposed. This price is ok for us. We’re trading at much higher prices, so the duty…

Kazakhstan: KAZ Minerals copper output up in H1 2017

In January-June KAZ Minerals produced 118 thousand tons of copper, up by 110% YoY.

Bozshakol and Aktogay yielded the most to the result.

According to forecasts, copper output at Bozshakol in 2017 will double to 95-110 thousand tons, at Aktogay it is expected to increase to 65-85 thousand tons. (Ukrainian metal)

Russia: UEM modernizing equipment

The refining department of the chemical-metallurgical shop of Uralelectromed has put into operation a new induction unit to smelt gold into ingots. The cost of the machine is 2.8 million rubles. The Parallel IPT-25-10 unit has been designed at the customer order within the program of outdated machinery modernization and replacement. It can produce 2…