A plant for production of pipes in a protective shell with thermal insulation may soon be built in Uzbekistan. The plant’s founders will be Russia’s Ural Pipe Insulation Plant, the Ministry of Housing and Communal Services of Uzbekistan and the administration of the Tashkent region. The plant will be called Tashkent Pipe Insulation Plant and…
In January-June an overall production of unwrought gold and semi-processed gold or in powder form reached 44,965 kg, up by 8.4% YoY, Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period gross output of unwrought and semi-processed silver or in the powder form made 494,145 kg, down by 9.3%. (Kazinform/Ukrainian…
ArcelorMittal Temirtau JSC has suspended its export of hot rolled steel coils to the Islamic Republic of Iran due to sanctions the U.S. imposed on the country. “Supplies will be suspended due to the sanctions introduced. As soon as sanctions are lifted the supplies will be resumed,” official representative of the company Alexey Agureyev reported.…
In January-June VIZ-Stal produced 86 thousand tons of transformer steel, up by 12% YoY, with capacities fully loaded. Sales grew by 10%, to 84 thousand tons. Exports accounted for 78%, with 90% of them on long-term contracts. (Ukrainian metal)
In May, according to the customs statistics, Russia imported 70.3 thousand tons of galvanized flat steel, up by 5.1% YoY. In January-May imports dropped by 12.1%, to 269 thousand tons. Kazakhstan supplied 54% of the steel, down by 8% YoY. Average price was $779 per ton without VAT. South Korea supplied 15.6%, up by 22.9%,…
In May, according to the customs statistics, Russia imported 49.5 thousand tons of ferrous scarp from Kazakhstan, down by 24.3% YoY. Average price was $257 per ton. In January-May imports dropped by 25.5% YoY, to 155.6 thousand tons. (Ukrainian metal)
A number of Chinese companies plan to carry out projects to mine tungsten, molybdenum and copper on the Ingichka plateau. According to the preliminary agreement, $50-55 million will be invested in the construction of infrastructure. Investors also plan to construct at least two mines. (Ukrainian metal)
OMZ-Spetsstal has started shipping billets for the reactor body for the first power block of Ruppur Nuclear Power Plant in Bangladesh. Under the contract concluded in September 2017 the company will supply billets to produce the reactor body. So far the company has supplied billets of the flange, lower and supporting shells. (Ukrainian metal)
