Electrostal has been shut down. The reason is the economical inexpediency to produce continuous cast billet with the growing raw materials prices (scrap) and the drop of billet FOB export prices. In January-November Electrostal decreased continuous cast billet output by 27% YoY, to 289 thousand tons. In November the company produced 12 thousand tons of…
In January-October ferrous metals exports reached 38.435 million tons, up by 11.4% YoY. According to the Federal Customs Service, ferrous metals exports, without pig iron, ferroalloys, waste and scrap, was 25.293 million tons, up by 7.2%. Deliveries of semi-finished carbon steel products totaled 13.145 million tons, up by 12.1%. Flat rolled metal exports dropped by…
Russian steelmaker Severstal will supply 300,000 tons of rolled stock to the Zagorsky Pipe Plant (ZTZ) in 2019 for production of large diameter pipes, the companies said in a joint statement after signing a relevant agreement. “Severstal already has experience in metal supplies for ZTZ. Such agreements provide an opportunity to build long-term mutually beneficial…
Russian metals holding Metalloinvest plans to invest 7 billion rubles in upgrades of the second and third blast furnaces at subsidiary steel producer Ural Steel, Metalloinvest said in a statement. The company plans to acquire equipment for the upgrades from Dutch company Danieli Corus. In future, Metalloinvest also plans to upgrade the fourth blast furnace…
In 2018 Russia will increase seamless pipes exports by 24% YoY, to 715 thousand tons. According to the Pipe Industry Development Fund, Kazakhstan is the main importer, accounting for 25.4% of all purchases, or 181 thousand tons. Seamless pipes deliveries to Kazakhstan in January-September grew by 30% YoY, to 141 thousand tons valued at $146.5…
Ferrexpo enterprises (Poltava, Yeristovo and Belanovsky Mining and Processing Works) in January-September paid 1.9 billion UAH of various taxes to all the possible budgets. In particular, Poltava GOK paid 1.55 billion UAH, Yeristovo GOK – 305.6 million UAH and Belanovsky GOK – 8.6 million UAH. PGOK paid 168 million UAH to the local budget, 202…
Energomashspetsstal has shipped a batch of 30 rolls to Finland for ABB, The total weight of the batch was 195 tons. The rolls will be used in the manufacture of electric motors. The companies have been cooperating for over 10 years. (Ukrainian metal)
In January-November Chukotka Autonomous District extracted 21.735 tons of gold and 100 tons of silver. 5 companies were mining for gold. Kupol deposit yielded 9033 kg of gold and 88269 kg of silver. Alluvial gold output grew by 256 kg, to 2583 kg. (Ukrainian metal)
