Novocherkassk Electrode Works has loaded the first batch of graphitized electrodes into a new roasting furnace. The machine can produce electrodes with the diameter of 610, 650 and 710 mm. The capacity of the furnace is over 1 thousand tons of electrodes per month. The company is carrying out a modernization program, reconstructing all of…
In May Severstal – Bar Works Balakovo produced 74.5 thousand tons of metal. Since its commissioning in 2014 the company has been constantly increasing its product range. “The increase in output is due to the growth of production at the rolling mill. The works combines three rolling mills in one. We produce sections, and rebars…
Russian metals producer Mechel has prolonged its coal supply agreement to Japan’s JFE Steel for three years, until June 2021, the company said in a statement on June 7. Mechel will ship up to 1.5 million tons of coking coal concentrate produced by Mechel’s affiliate Yakutugol and PCI coal of Yuzhny Kuzbass to JFE Steel…
The prices of main precious metals increased in Azerbaijan on June 7, according to the data published by the Central Bank. The cost of gold increased by 0.6545 manats, to 2,205.325 manats per ounce compared to the price on June 6. The cost of silver increased by 0.2545 manats, to 28.3367 manats per ounce. The…
The increase of the export duty for ferrous scrap from 30 euros per ton to 42 euros will not directly affect Ukrainian obligations under the Association agreement with EU. According to the vice-prime minister on European and Euroatlantic integration Ivanna Klympush-Tsintsadze, exporters of scrap to EU paid the duty of 7.5 euros per ton and…
In May Ukraine produced 1.58 million tons of pig iron, down by 4% MoM. Steel smelting dropped by 2%, to 1.695 million tons, while rolled metal manufacture grew by 3%, to 1.55 million tons. The decrease in pig iron and steel production is the result of ArcelorMittal Kriviy Rih blast furnace No. 9 repair. Pig…
In January-May Ukraine exported 251 thousand tons of scrap, up 2.5-fold YoY, valued at $83.5 million, up 3.9-fold. According to the State Fiscal Service, in May 34.54 thousand tons of scrap were exported, in April – 76.331 thousand tons, in March – 53.67 thousand tons, in February – 52.63 thousand tons and in January- 33.814…
The property of the Troitsk Iron and Steel Works LLC, which had to be used to produce metallic manganese, has been put up for sale. The price of the enterprise is 1 billion rubles. The total size of the manufacturing site is 18 ha. The plans to produce manganese included the manufacture of 33 thousand…
