RusHydro will support the project on the construction of Taishet Aluminum Works. All it is waiting for is the decision of Rusal. In early April RusHydro approved participation in the project. The company share was to be not more than $319.5 million. RusHydro will get 50% in the charter capital of the joint company RusAl…
The United Metal Company has opened an Internet store. The shop sells springs made by Chusov Iron and Steel Works as well as Almeteyevsk Works pipes. The new system allows small and medium business to order products directly from manufacturers. (Ukrainian metal)
Vorkutaugol has purchased special mobile devices to check mining machinery and carry out labor safety audits. Before going underground a wireman runs a special app on the smartphone. Near the machines there are special reading devices. The smartphone screen shows what has to be done with each machine. The first 12 devices are being tested…
OJSC MMK-Metiz, a part of PJSC Magnitogorsk Iron and Steel Works (MMK) Group, held its annual general meeting of shareholders (AGM). In 2017 MMK-Metiz’s share of the domestic market in Russia grew by 2% YoY, to 352 thousand tons, while export sales grew by 2.8%. The largest Russian metal wares producers that are part of…
In January-May Donetsk region (without the part seized by the pro-Russian militants) increased industrial output by 4.3% YoY. At the same time metal and metal wares output dropped by 3.7%. Coal mining grew by 4.2%, to 5 million tons. Coke output reached 2.2 million tons, up by 20.1%. Steel manufacture decreased by 4.2%, to 3.3…
In May Ukraine increased steel output by 2.9% YoY, to 1.695 million tons. According to Worldsteel, Ukraine dropped back to the 14th position among 67 countries-manufacturers of steel. The first place is traditionally occupied by China (81.127 million tons, up by 8.9%). Taiwan, though decreasing output by 14.4%, to 1.715 million tons, was able to…
In April, according to the customs statistics, Russia imported 152.8 thousand tons of pig iron from Ukraine. In March the deliveries totaled 136.8 thousand tons. Ukraine started supplying pig iron to Russia in November 2017 and in 6 months exported 590 thousand tons. Rostov region accounted for some 60% of purchases, followed by Moscow region…
In April, according to the customs statistics, Russia imported 50.2 thousand tons of flat galvanized rolled metal, up by 14.6% MoM, but down by 15.5% YoY. In January-April imports fell by 19.4% YoY, to 172.8 thousand tons. Kazakhstan was the main supplier (58 thousand tons, down by 16%), followed by South Korea (26.5 thousand tons,…