Ukraine: AMKR celebrates New Year’s Eve delivering new products for its biggest customer

ArcelorMittal Kriviy Rih has developed and put new casting technology into operation at LFCC. It is high carbon commercial quality steel 85 for production of wire rod with 0.82-0.89% carbon content at hybrid mill LSM-WRM-6 according to the pilot order (110 tons). The customer is the biggest consumer of high carbon wire rod and the…

Ukraine: Mariupol Ilyich spends 30 million UAH to repair locomotives

Mariupol Ilyich Iron and Steel Works spent over 30 million UAH in 2016 on locomotive repairs.

The company received the M62UP locomotive, repairs cost around 9 million UAH.

According to the company CEO Yuri Zinchenko, the works specialists are preparing the locomotive to be put into operation. (Ukrainian metal)

Ukraine to sell ZALK by December 2017

The government of Ukraine has ordered to privatize 68.0095% of shares of the Zaporozhye Aluminum Works, 75.224% of Turboatom and 99.999% of Oriana.

According to the government order, the stakes in the above companies will have to be sold on transparent auctions by November 30, 2017. (Ukrainian metal)

Ukraine: Electrostal output down in January-November 2016

In January-November Electrostal produced 298 thousand tons of continuous cast billets, down by 2.3% YoY.

According to the company statement, in November the output totaled 31 thousand tons. Most of the produce is exported.

In January and February the works stood idle, resuming operation only in late February. (Ukrainian metal)

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Metals of Ukraine & Russia: round billets (ordinary steel), November 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499*

min

max

October

305

361

November

320

369

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Russia: Nornickel environmental practice discussed in the State Duma

A roundtable discussion featuring Norilsk Nickel representatives was held at the Russian State Duma. The event called Extreme North Industrial Facilities Modernization: Environmental Sustainability and Economic Development Avenues addressed the results of the Nickel Plant shutdown project completed by Norilsk Nickel in August. Specifically, the roundtable panel discussed the environmental benefits of the project for…

Metals of Ukraine & Russia: hot-rolled coils, November 2016

Month

Ukrainian market, $/t, without VAT, EXW, $1/UAH25.499*

min

max

October

392

424

November

386

434

* – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.11.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)

Russia: Voronezh starts producing LDP

Liskimontazhkonstruktsia in Voronezh has fished construction project on large diameter thick-walled pipes manufacture. The production has already commenced. The company produces electric-welded longitudinal welded pipes with 406-1420 mm diameter and 7.7-80 mm wall thickness. The pipes could be produced of various steel grades, including stainless steel. The company can also provide heat-treatment and coating. The…