In January Ukrainian companies increased ferroalloys output by 35% YoY, to 89.72 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, silicomanganese output totaled 66 thousand tons, up by 31.77% YoY, ferromanganese output – 13.88 thousand tons, up by 75%, and ferrosilicon – 8.89 thousand tons, up by 13.25%. Metallic manganese production went up…
In January Ukraine imported 78.373 thousand tons of nickel ore and concentrate valued at $3.74 million, up by 18.5% but down by 27.8% YoY respectively. According to the State Fiscal Service, all the raw materials came from Guatemala. Last month Ukraine did not export or re-export these products, while in January 2016 it exported 51…
In 2016 MMK increased its net profits 2.5-fold YoY, to $1.111 billion. According to the company statement, its free cashflow totaled $728 million. EBITDA increased by 17.3% YoY, to $1.956 billion. Company revenues dropped by 3.6% YoY, because of the low sale prices. This year MMK forecasts the increase in steel demand in Russia by…
Yuzno-Sakhalinsk is carrying out a major project on the construction of the Aqua-City multi-functional complex, which will become the largest aqua-park in the Far East. Andrometa supplies metal structures for the construction. So far the company has supplied 2 thousand tons of welded structures. (Ukrainian metal)
In 2016 Russia increase raw zinc output by 4.7% YoY. According to the Federal Service of State Statistics, in December 2016 raw zinc production went up by 16.4% YoY and by 19.1% MoM. (Ukrainian metal)
In 2016 Russia decreased raw lead production by 8.6% YoY. According to the Federal Service of State Statistics, in December 2016 raw lead output decreased by 9.9% YoY, but went up by 8.5% MoM. (Ukrainian metal)
The rolling shop of NLMK-Ural has replaced its gas flowmeter. The project will help decrease gas consumption by 213 thousand cubic meters per year, allowing the company to save some 0.87 million rubles. NLMK-Ural spent 0.6 million rubles on the project. (Ukrainian metal)
Beloretsk Iron and Steel Works, a part of Mechel, has confirmed the correspondence of the quality of its steel galvanized ropes with the river vessel construction requirements. The corresponding certificate has been issued by the Russian River Registry. The certificate allows the company to supply steel ropes to Russian ship-builders. Steel ropes of 18 GOSTs…
