Cherepovets Iron and Steel Works, without shutting down manufacture, is finishing assembling the coil-rewinding machine with the capacity of 650 thousand tons per year. The total cost of the project is 1.2 billion rubles. The commission of the machine is scheduled for February, and it is exCherepovets Iron and Steel Workspected to reach the design…
The Verkhovna Rada committee on industrial policy has unanimously supported the draft bill No. 9474, which presupposes the increase of the scrap export duty from 42 euro to 58 euro per ton for 3 years. According to the committee chairman Victor Galasyuk, the new “metal law” will liquidate the raw material shortage for the metal…
A ceiling of the unused culture house belonging to ArcelorMittal Kriviy Rih between the third floor and the roof with the size of 1 thousand square meters collapsed. One person was injured. The total size of the floor is 2 thousand square meters. The accident happened on January 15. (Ukrainian metal)
Oskol Electrometallurgical Works managing director Alexander Tischenko and the driver of the works Vitaliy Yumashev have perished in the collision of a Lexus with two other cars. The accident happened on January 15. After the collision all three cars exploded. The accident took the life of 8 people. Tischenko has been working at NLMK since…
Yakutia has entered the top-3 gold-mining regions in Russia. For the first time since Soviet Union the region has exceeded the level of 28 tons of gold output in 2018. Oil and coal output was 12 and 17.7 million tons respectively. (Ukrainian metal)
Izhorsky Pipe Works will produce and supply over 11 thousand tons of large diameter pipes for the Poland – Slovakia gas pipeline. The first batches have already been shipped to the customer (Eustream). According to the agreement, the company has to supply the pipes with the diameter of 1016 mm and the length of 18…
In 2018 Ukraine exported 36.91 million tons of iron ore and iron ore concentrate valued at $2.869 billion, down by 1.3%, but up by 10.6% YoY respectively. According to the State Fiscal Service, the share of the iron ore in the overall exports was 6.06%. Almost half of volumes was sold to China, Poland and…
Deliveries of rolled metal and pipes to Russia in January-November 2018 grew by 20.7% YoY, to 2.11 million tons. Bars and sections account for 53% of exports, up by 28.3%. Rebars and rolled wire saw the growth of almost 2-fold. Flat rolled metal exports increased by 3.9%, to 33.7%. The sales of semi-finished steel products…