Severstal Steel Ropes, a part of Severstal-Metiz, has developed an improved version of TU006 rope for the speed descent attraction. It features increased size of the plastic all-round compression, more wire and a unique core structure. These novelties make the rope smoother and more flexible, at the same time retaining its strength over the whole…
On March 24 a Zaporizhstal employee loaded ferrous scrap metal weighing 60 kg into his car and tried to drive with it out of the Balka Srednyaya. The thief has been detained by the security. The damage to the company was estimated at 455 UAH. On May 8 a Zaporozhye court fined the thief for…
In May iron and steel works in CIS countries increased wire rod price to $595-600 per ton FOB Black Sea from $580 per ton, according to Platts. Rebars became $20 more expensive ($560 per ton). The gap between prices of wire rod and rebars has widened to $35 per ton. One of CIS works has…
According to Victor Galasyuk, the chairman of the Verkhovna Rada committee on industrial policy, the situation with the provision of domestic metal companies with scrap is worsening, and immediate reaction of authorities is required. He reminded that in order to provide the stable operation of Ukrainian metal industry the Verkhovna Rada had increased the scrap…
Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the first quarter of 2018, the Media Relations Department of the company has reported. Kumtor produced 100,220 ounces of gold in the first quarter of 2018 compared to 127,400 ounces of gold in the same period of 2017. The…
Ukrgazvydobuvannya has concluded 6 agreements with Interpipe Ukraine LLC on the purchase of pipes valued at 3.04 billion UAH. The Victor Pinchuk company will supply 52 thousand tons of various pipes at 50-77 thousand UAH per ton. The pipes will be produced by Interpipe Niko Tube and Interpipe NTZ, as well as Siversk Pipe Works…
A 30-years old miner perished at the depth of 622 meters in the Centralnaya mine of the state enterprise Mirnogradugol. “He went into the mine, where a rock cave-in later occurred. The miner fell from the anchoring and into the shaft”, the Donetsk region prosecutor’s office reports. The police are investigating the accident. (Ukrainian metal)
In April railroad deliveries of rolled metal produced by NLMK to domestic customers and abroad totaled 1.08 million tons, down by 9.8% MoM, but up by 5.5% YoY. In March the results were +19.2% and +3.4%, while in February –11.4% and +2.3% respectively. In January-April the company shipped 4.4 million tons of metal, up by…
