Russia: metal prices up in 2016

Prices of industrial manufacturers in December 2016 increased by 0.6%, according to Rosstat.

In 2016 prices went up by 7.4% YoY.

Metal companies demonstrated the highest increase in prices – by 3.6% in December, or by 18.1% in 2016. (Ukrainian metal)

Russia: Severstal spends 17 billion rubles on CherMK repairs in 2016

In 2016 the Cherepovets Iron and Steel Works carried out around 140 capital repairs of machinery. Investments into the project totaled 17 billion rubles. According to Severstal Russian steel repairs division director Sergey Dobrodey, the program presupposed basic repairs, as well as energy efficiency, safety and product quality improvement. 4 blast furnaces, 2 sintering machines,…

Russia: palladium output up in 2016

Russia’s palladium and palladium alloy output rose by 4.4% YoY in 2016, the Federal State Statistics Service said. Platinum and platinum alloy production increased by 3.3% YoY, while production of gold-bearing ore and concentrates rose by 2.6%. But production of silver ore and concentrates went down by 13.6%. In December 2016 palladium and palladium alloy…

Russia: Electrozinc not to decrease output

In 2017 Electrozinc intends to take actions aimed at improving efficiency, competitiveness and labor safety. According to the company CEO Igor Khodyko, February will see the start of construction of the absorber in the sulfuric acid shop, which will be put into operation in October. The new power substation purchase is being negotiated. The output…

Russia: RM-Steel steel strips output up

RM-Steel is the largest Russian manufacturer of special shaped sections for shipbuilding. In 2016 the increase in consumption of steel strips according to GOST R 52927-2015 for shipbuilding was witnessed in Russia. At present RM-Steel produces A, B, D, A32-D40, E36, A40S and D40S steel grades. The production of D32W steel strips is being developed.…

Russia: MMK to cooperate with Kemerovo region

The administration of the Kemerovo region has signed an agreement on socio-economical cooperation with Magnitogorsk Iron and Steel Works, which owns several mines, a processing factory and service companies in the area. This year coal output in the region is expected to increase by 1 million tons. The company will spend 0.5 million rubles on…

Ukraine: ZZhRK company of the year

According to the International economic rating “Best of the Best” Zaporozhye Iron Ore Complex was named “Company of 2016”. The new status has been confirmed by Standard Chartered Rating GmbH (Germany), International Rating Association (Hong Kong) and Summit International Awards (Ukraine). “This prize is the high evaluation of both the company reputation on the whole,…

Russia: SGMK to turn ZapSib waste into pig iron

In 2018 the managing company Siberian Mining and Metallurgical Company plans to start processing Evraz West-Siberian Iron and Steel Works furnace wastes into pig iron. According to the company, the project is currently in development, and the investments are estimated at 200 million rubles. “SGMK has large stocks of metallurgical raw materials arising from the…

Russia: Altai-Koks coke output up in 2016

In 2016 Altai-Koks produced 4.06 million tons of coke, up by 0.7% YoY. Capacity loading remained high – over 95%.

The company supplied some 84% of the coke produced to the local market, including 76% within NLMK Group. The rest was exported to Kazakhstan, Ukraine, Uzbekistan, Germany, Belgium and Finland. (Ukrainian metal)

Kazakhstan: coal producers looking for new markets

Kazakh coal producers are interested in entering new markets in Europe and Asia after the reduction in coal export to Russia, Executive Director of the Republican Association of Mining and Metallurgical Enterprises Nikolai Radostovets said. Russia is set to replace Kazakh coal imports to its own coal, within the program of industry development until 2030.…