The Industrial-Metallurgical Complex (PMH) has renamed Krontif-Center into Sukremlsky Ironworks. The renaming does not result in the change of operations or staff. “The renaming returns the works its historical name. The brand of Sukremlsky casting has been known to the whole world for 3 centuries. The renaming will increase the brand awareness on the Russian…
Unecha Works of Refractory Metals will open a manufacture of tungsten and molybdenum oxides in the Bryansk region. At present molybdenum oxide is not produced in Russia. Under the project the Unecha Works will be provided with a loan of 500 million rubles. The manufacture will help decrease imports to 26%. (Ukrainian metal)
Zagorsky Pipe Works has shipped the first batch of welded pipe piles to Bangladesh. The batch comprised 320 tons of pipe piles and 180 tons of pipes. Under the contract ZTZ has to supply 10 thousand tons of pipe piles with the diameter of 630 and 1420 mm and 5 thousand tons of pipes with…
Russia’s gold refining rose by 1.65% YoY, to 231.65 tons in January-September, the Finance Ministry said, citing gold supplies to refining plants data. Mined gold output rose by 3.44%, to 194.86 tons, while by-product gold output decreased by 12.83%, to 11.69 tons, and gold scrap production fell by 3.79%, to 25.10 tons. Russia’s silver output…
ArcelorMittal Kriviy Rih has purchased 4 new BelAZ trucks with the lifting capacity of 136 tons, two sprinkler machines and a bulldozer all valued at 162.5 million UAH. The dump trucks will be used at the construction of the Stepnoy-2 dumpsite. The large-scale replenishing of the fleet is due to the increase of ore mining…
In January-September Russia increased pig iron exports by 27% YoY, to 4.3 million tons valued at $1.6 billion, up by 40%. According to the customs statistics, exports to US accounted for 53.1%, up by 3.2%. Hong Kong imported 572 thousand tons of pig iron, Italy – 492.2 thousand tons of pig iron, up 2.5-fold, and…
The state enterprise Ukrpromvneshexpertisa forecasts that in mid-December the average price of ferrous scrap on the domestic market will grow by 4.11% MoM, to 7756 UAH per ton. In November prices increased by 7.97% MoM, to 7450 UAH per ton. Last month metal companies continued increasing purchase prices in order to revitalize deliveries. The main…
In October Ukraine exported $33.929 million worth of iron ore, up by 15.7% YoY, while imports totaled $5.522 million. According to the State Fiscal Service, China was the largest importer of iron ore. In January-October Ukraine increased exports of iron ore by 7.9% YoY, to $2352.3 million, while imports dropped by 95.6%, to $0.954 million.…
