Uzmetkombinat will import 157 thousand tons of metal raw materials without paying customs duties. The corresponding decree “On measures to cover additional needs of the Republic in ferrous rolled metal” has been approved by the government. The government has allowed Uzmetkombinat to import 157 thousand tons of metal raw materials till January 1, 2018 without…
In July Turkey imported 830.2 thousand tons of rolled sheet, up by 32.3% YoY. Hot-rolled sheet accounted for 501.9 thousand tons, up by 38.3% YoY. The largest supplier is still Russia. In July Russia supplied 262.5 thousand tons of hot-rolled metal to Turkey. Imports from Ukraine reached 30.4 thousand tons. (Ukrainian metal)
Taras Shevchenko who earlier headed Alchevsk Iron and Steel Works has been appointed the new General Director of Metinvest’s Mariupol Ilyich Iron and Steel Works. In his new position Shevchenko will lead continued implementation of investment projects at Mariupol Ilyich, such as the reconstruction of the sinter plant and the revamp of the 1700 Hot…
Energomashspetsstal has passed the audit to check the readiness to produce equipment for the Finnish Hanhikivi-1 NPP. Special attention was paid to the quality management system, as well as lab quality management system. As the result of the audit carried out by Fennovoima (Finland), EMSS has been approved as the manufacturer for the NPP. (Ukrainian…
“This is a great result for us. It is very important that the agreement lasts long and is carried out by both parties. We often change the government, and everything starts anew, we can’t be having that,” board member of the Kyrgyz Mining Association Valentin Bogdetsky said, commenting on new agreements between Centerra and the…
The Republic of Mordovia has put into operation a new metal manufacture, specializing in aluminum and copper wire rod. The complex is situated on the territory of Saranskcable and will reach the full manufacturing capacity in April 2018. Its capacity is 10 thousand tons of aluminum wire rod and 5 thousand tons of copper wire…
According to the Federal Customs Service, in January-July the share of metal and metal wares in the imports from far foreign countries reached 5.9% (5.6% in January-July 2016). The cost-wise volume increased by 35.3% YoY, physical volume – by 59.9%. Steel pipes imports grew by 97.4%, flat rolled metal by 47.2%. The share of metal…
PJSC Magnitogorsk Iron and Steel Works (“MMK”) invested RUB 1.64 billion in renovating and building new environmental facilities in the first six months of 2017. The initiatives are a part of the MMK annual environmental program designed to minimize the impact of production facility and unit operations on the environment. Most projects implemented by MMK…