In May Ukrainian metal companies received 280 thousand tons of scrap, or 100% of the need. In April they received 290 thousand tons of scrap, or 95% of their need. In January-May 1.3 million tons of scrap were delivered to metal works, up by 9% YoY, and 85% of the need. In May scrap stocks…
Ukrmetallurgprom forecasts steel output in July on the level of 1.7 million tons. According to the company statement, Ukraine will also produce 1.6 million tons of pig iron and 1.4 million tons of rolled metal. The current average daily output (in 12 days of June) is on the May level. As of June 13, 17…
In May consumption of gas by metal companies increased by 15 million cubic meters MoM, to 135 million cubic meters. Average daily gas consumption in May totaled 4.4 million cubic meters. In January-May metal companies consumed 765 million cubic meters of gas, up by 4% YoY. Average daily consumption was 5.1 million cubic meters against…
ArcelorMittal Kriviy Rih has spent 55 million UAH to buy 2 BelAZs with the lifting capacity of 130 tons for its mining transportation shop. The trucks will carry ore and rock from the third and the fourth quarries of the mining division. “We have received 2 BelAZs, these are modern machines. We are sure they…
In January-May Chukotka autonomous district mined 9812 kg of ore gold and 340 kg of silver, down by 12% and by 13% YoY respectively. Alluvial gold was not produced. At present 5 companies mine for gold. Chukotka Mining Company mined 3946 kg of gold (down by 10.5%) and 49.3 tons of silver. Severnoye Zoloto mined…
The National agency of welding control has confirmed the quality of the welded copper-plated wire of MMK-S3MoTiB grade with the diameter of 3, 4 and 5 mm according to TU 14-4-1877-2004 produced by MMK-Metiz. The corresponding certificate has been issued. The wire could be used in the construction of North Stream 2. (Ukrainian metal)
In May Belarus Iron and Steel Works received $109 million, stocks at the warehoused totaled 10251 tons (6.3% of the total volume) and exports reached 188.6 thousand tons valued at $92.4 million. The company shipped to 46 countries, and has resumed operation in Africa and Neat East. In May Belmet (Austria) started operating in Serbia,…
The Pipe Metal Company held an annual meeting of the shareholders in Yekaterinburg on June 8. The shareholders have elected the board of directors and the revision commission. Ernst and Young LLC has been appointed the auditor. The meeting decided to pay dividends for 2016 in the amount of 1.96 rubles per ordinary share (2.024…