Evraz and the Russian Railroads have launched the system of electronic workflow. Each month Evraz sends to RZhD some 300 packets of paper documents. Each packet has dozens of documents. The switch to the electronic workflow will decrease time to prepare and send the primary documents from 8 to 1-2 days. The process took around…
Metal products for the construction of stadiums for the World Cup were supplied by Severstal, Mechel, Evraz, Metalloinvest, TMK, OMK, NLMK and MMK. According to the Russian Steel Association, the 8 major companies supplied 200 thousand tons of rolled metal. NLMK accounted for almost 25% of all the deliveries (49140 tons). The company metal was…
In May Zapadno-Sibirsky Iron and Steel Works decreased railroad deliveries of rolled metal to its customers by 6.3% MoM, but increased them by 5.6% YoY. In 5 months sales dropped by 0.7% YoY, to 2.75 million tons. Sales to domestic customers grew by 3.7%, to 792.4 thousand tons, while exports – by 0.6%, to 1.96…
The development of Ishtamberdi gold field in Ala-Buka district was suspended, the Department of Internal Affairs for Jalal-Abad region reported. According to its data, a commission came to the site after the rally of local residents, which found minor shortcomings in the development of the field. In addition, a criminal case was initiated under the…
Imported coal deliveries to thermal and combined heat and thermal power plants in January-May grew 2.8-fold YoY, to 2.781 million tons. According to the Ministry of energy and coal industry, in particular Russia supplied 2.013 million tons of coal, or 72.4%, USA – 623.2 thousand tons (22.4%) and South African Republic – 144.8 thousand tons…
President Petro Poroshenko has signed a decree to increase the scrap export duty to 42 euros per ton and prolong it for a year, until September 2019. On May 17 the Verkhovna Rada adopted the decree No. 8226 “On amendments to some decrees of Ukraine on the decrease of ferrous scrap on domestic market”. In…
In January-May Russia produced 21.6 million tons of pig iron, down by 0.4% YoY. According to the Federal Service of State Statistics, in May the decrease was 0.2% YoY and 0.6% MoM. Rolled metal output increased by 2.3%, to 25.9 million tons, with May results up by 0.5% MoM and by 2.9% YoY. Pipe companies…
In January-May Amur region obtained 7337.7 kg of gold, down by 13% YoY. Silver is not mined in the region. The decrease in the output has to do with the drop of manufacture at Petropavlovsk and Nordgold assets. 6551.6 kg accounted for ore gold. Alluvial season started in May, and as of June 1, 786.1…