In August Dneprovsky Iron and Steel Combine underproduced 10 thousand tons of rolled metal because of the forced idle time of the 400/200 mill. According to the acting director of the rolling shop on 400/200 mill Igor Chuyko, when the works resumed operation the mill did not operate in normal order because of the lengthy…
In August Zaporizhstal produced 353.4 thousand tons of steel, up by 9.6% YoY. According to the company statement, pig iron output increased by 28.4%, to 381.8 thousand tons, and rolled metal – by 3.7%, to 2.175 million tons. In January-August Zaporizhstal produced 2.58 million tons of steel, 2.358 million tons of pig iron and 2.175…
In January-June Kamensk-Uralsk Non-Ferrous Metals Processing Works earned 3.9 billion rubles, up by 25% YoY. The company net profit increased by 6.3% YoY, to 16.1 million rubles. The main factor for the growth of revenue was the increase of non-ferrous rolled metal sales. “Sales increased by 14.7% YoY, to 10.9 thousand tons. With powder sales…
Chusovskoy Iron and Steel Works, a part of OMK, has begun an investment project on the construction of a new mill to produce spring billets. The project will decrease import dependence and increase the company capacities to produce few-leaf springs. The capacity of the new mill will be over 5.7 thousand tons of spring billets…
The Federal Antimonopoly Service hosted a meeting on the graphitized electrode market competition. According to the director of industrial control department Nelli Galimkhanova, the meeting was gathered following two claims from Rostov Electrometallurgical Works and Krasniy Octyabr. The situation is difficult, as the market has been experiencing a sharp shortage because of decrease in capacity…
A ship loaded with 62,000 tons of steam coal last week departed the port of the American city of Baltimore and should arrive in Yuzhny port in Ukraine in mid-September, Ukrainian Ambassador to the United States Valeriy Chaly has reported. According to him, the relevant contract for the supply of coal was signed between the…
The state enterprise Vostochniy Mining and Processing Works has not received 160-180 million UAH of profit because of the halt of Smolinskaya and Ingulskaya mines in Kirovograd region, “It’s been three months since the mines stopped operation and the uranium ore was not mined. According to our preliminary calculations, we have suffered some 160-180 million…
Coal exports via Rosterminalugol Terminal, the largest dedicated coal port in Russia’s North-West region and a member of the largest coal port holding Port Management Company LLC, has reached 16 million tons. The company reported that the milestone was recorded on August 21. The 16-millionth ton was loaded onto Handymax dry bulk carrier Albion Bay.…