Armenia: metal output in 2017

In 2017 Armenia increased metal output by 11.3% YoY, after the 11.1% drop in 2016. According to the National Statistics Service, in 2017 ferromolybdenum production grew by 1.1% YoY, to 6588 tons, with December 2017 output at 490 tons, down by 15.1% MoM. Molybdenum concentrate output increased by 2.8%, to 10961 tons, with 828 tons…

Russia: MMK commissions car dumper

MMK has put in operation a new car dumper No. 5 at the site No. 2 of the aggloburden preparation shop. The capacity of the dumper is 20 cars per hour. The capacity of the sintering factory being constructed is 16.5 thousand tons of sinter a day, for which 17 thousand tons of burden is…

Russia: Globus-Stal starts producing ground stainless steel pipes

In late 2017 Globus-Stal commissioned the arc-welded round pipes grinding line.

In a very short term the company was able to supply over 20 km of pipes to 10 cities.

The line grinds pipes with the diameter of 10-80 mm, wall thickness of 0.5-3 mm and the length of 3-6.1 m. (Ukrainian metal)

Russia: Severstal Moody’s rating up

Moody’s has improved the long-term rating of Severstal from Ba1 to Baa3, and the outlook from stable to positive following the revision of the Russia rating. “We welcome the decision of Moody’s to review the Russia’s rating and improve that of Severstal. That the economic situation in the country is improving is seen by the…

Belarus: Rechitsa Metal Wares Works to increase fasteners output

In late 2017 Rechitsa Metal Wares Works put in operation a new site of the fasteners shop.

The following Taiwan mills have been assembled there: JBF-10В-3S and JTR-6H; JBF-13В-3SL and JTR-8H; JBF-13В-4S and JTR-8H; JBF-17В-4S and JTR-10H.

The commissioning of the new site will increase fasteners output. (Ukrainian metal)

Russia: SUMZ assets being demolished

The Sredneuralsky Copper-Smelting Works has started demolishing the main premises of the double superphosphate shop. The shop was put out of operation in February 2009. The size of the premises is 17 thousand square meters, it consists of 5 buildings, being demolished one after another. The demolition of the main premises started in summer of…

Russia: Marcegaglia Russia output up in 2017

Marcegaglia Russia strengthened its positions on the market of welded stainless steel pipes, having considerably increased output and sales in 2017.

According to the company statement, last year output grew by 42.5% YoY, to 13606 tons.

The company revenue showed a stable increase of 30.8%, to 34 million euros. (Ukrainian metal)