Severstal – Bar Works Balakovo has mastered a new product – steel of the grade 20 to produce wire rod with the diameter of 6.5 mm. The produced rolled metal fully corresponds to the requirements of GOST 10702. This rolled metal is used by Severstal-Metiz to produce wire according to STO 71915939-TS151. “The manufacture of…
Karelsky Okatysh has finished modernization of the preparation and pelletizing of concentrate site – all the 18 screening machines have been replaced. The roll screens classify concentrate by three sizes: tiny pellets at the initial stage are returned to the pelletizers, large pieces go back via conveyers, while normal-sized pellets are transported to the roasting…
In August Ukraine imported $2.849 million worth of ferrous scrap, up by 53.2% YoY. According to the State Fiscal Service, exports dropped by 66.1%, to $5.826 million. Ukraine mostly exported scrap to Turkey ($5.504 million). In January-August scrap exports grew by 69.9%, to $98.244 million, while imports by 57.1%, to $24.858 million. (Ukrainian metal)
Interpipe is conducting negotiations with its creditors on restructuring its $1.25 billion debts. “The negotiations are underway. We have officially stated our suggestions on restructuring. Our creditors are thinking. They are gathering together and discussing our offers”, the company CFO Denis Morozov said on the sidelines of InnoTrans-2018 in Germany. He noted that there were…
In January-July Russia imported 26.8 thousand tons of corrosion-resistant steel pipes valued at $101 million, up 2.7-fold and 1.5-fold YoY respectively. According to the customs statistics, this is the highest result in the past years. The main supplier is Kazakhstan (57%), followed by China (22%) and Ukraine (6%). The main share in the imports falls…
In July, according to the customs statistics, Russia exported 10.5 thousand tons of corrosion-resistant steel scrap valued at $12 million, up by 20.4% and 1.5-fold YoY respectively. In January-July exports grew by 41.8%, to 65 thousand tons valued at $71 million, up by 60%. 75% of the volume accounted for 8% nickel-containing scrap. (Ukrainian metal)
In January-July Russia imported 1.31 million tons of Ukrainian rolled metal and pipes, up by 37.4% YoY. According to the customs statistics, bars and sections account for 54%, in particular, construction rebars and wire rod for 51%, up by 71.8% and 4.3-fold respectively. Deliveries of flat rolled metal grew by 2.5%, to 34%. The share…
In August Ukraine exported $256.639 million worth of iron ore, up by 29% YoY. Imports grew by 8.3%, to $0.013 million. According to the State Fiscal Service, the main importer of Ukrainian iron ore was China ($58.285 million). In January-August Ukraine exported $1879.874 million worth of iron ore, up by 7.8% YoY, while imports fell…