Azovstal Iron and Steel Works has put its continuous casting machine No. 5 into operation after an overhaul. The repairs lasted for 45 days. Investments totaled 34.3 million UAH. “Following the CCM 5, continuous casting machine No. 4 has also been stopped for capital repairs”, the company CEO Enver Tskitishvili said. (Ukrainian metal)
In October steel output in Ukraine went up by 7.7% MoM, or by 143 thousand tons, to 2003 thousand tons. In January-October Ukraine produced 20242 thousand tons of steel, up by 5.9% YoY, or by 1123 thousand tons. (Ukrainian metal)
The state enterprise Ukrpromvneshexpertisa forecasts that in November the average ferrous scrap price will increase by 14% MoM, or by 700 UAH per ton, to 5700 UAH per ton. “The price situation is very interesting. The metal makers have been hiding prices from each other. And worked separately with each trader. In fact, the price…
In October Ukraine produced 1686 thousand tons of rolled metal, down by 3.3% MoM, or by 57 thousand tons. In January-October rolled metal output increased by 6.4% YoY, or by 1064 thousand tons, to 17811 thousand tons. (Ukrainian metal)
Ukrainian Mining and Metallurgical Company has opened a new metal supermarket in Brovary, Kiev region, increasing its sites number to 26. The decision to open the store has to do with the necessity to service the left bank side of the Kiev region. The square of the warehouse is 2 thousand square meters, allowing storing…
Mariupol Ilyich Iron and Steel Works has started constructing a new continuous-casting machine No. 4. The machine is expected to be put into operation in two years, providing for 380 additional jobs, according to the company CEO Yuri Zinchenko. The contract for construction with Primetals Technology (Austria) was concluded in September 2015. The new machine…
In January-September companies of the Russian Copper Company Chelaybinsk division (Mikheevsky GOK, Alexandrinskaya Mining and Ore Company, Karabashmed and Kyshtym Copper-Electrolytic Works) earned 31.25 billion rubles, with 6.25 billion rubles of net profits. In particular Mikheevsky GOK received 13.12 billion rubles with 2.97 billion rubles of net profits. Karabashmed earned 6.92 billion rubles, with net…
In October Dneprospetsstal produced 22.82 thousand tons of steel and 13.63 thousand tons of rolled metal, up by 8.2% and by 2.2% MoM respectively. The total cost of the products manufactured in October reached 543 million UAH, down by 0.5% MoM. In January-October DSS produced 196.6 thousand tons of steel and 125.02 thousand tons of…
