The state enterprise Ukrpromvneshexpertisa forecasts the ferrous scrap procurement in 2016 on the level of 3.3-3.5 million tons. In H1 Ukraine exported 233 thousand tons of scrap, in H2 after the export is unblocked due to the scrap export duties increase from 10 euro to 30 euro per ton, Ukraine will additionally export some 300-400…
Construction of trestle for crane altitude change is in the progress in the main building of the smelting shop of Kola MMC (Nornickel subsidiary) in township of Nickel. The engineering structure is necessary for repair of main hoisting-and-conveying equipment. Three overhead cranes operate in main aisle of the smelting shop. They are responsible for charging…
In July Ukraine produced 2059 thousand tons of steel, up by 12.5% MoM, or by 229 thousand tons. In January-July steel output went up by 10.4% YoY, or by 1358 thousand tons, to 14476 thousand tons. In June Ukraine produced 1830 thousand tons of steel, down by 20.7% MoM, or by 477 thousand tons. In…
Mariupol Ilyich Iron and Steel Works has finished repairs of its sintering machine No. 4. According to the company CEO Yuzi Zinchenko the overhaul was completed in 30 days. In 2015 the works received 1.58 billion UAH of losses, having increased its net income by 11% YoY, or by 3.11 billion UAH, to 31.54 billion…
Energomashspetsstal plans to supply back-up rolls with the total weight of over 140 tons to the iron and steel works of ArcelorMittal in France and Germany. In particular, Ukrainian rolls will go to АМ Atlantique et Lorraine – Florange and АМ Eisenhuttenstadt. They will be used in two different cold-rolling mills: continuous-casting and temper mill.…
NLMK Group, an international steel company with operations in Russia, the United States, and the European Union, has signed an additional agreement to its contract with Novatek for the supply of natural gas to the Lipetsk site. Similar additional agreements to contracts for the supply of natural gas to NLMK Group’s other key Russian production…
Azovstal Iron and Steel Works has put its blast furnace No. 6 into operation after capital repairs valued at 60 million UAH. “The furnace was put on hold for an overhaul on July 25”, said the company CEO Enver Tsikishvili. The repairs lasted for 22 days. In 2015 Azovstal received 1.83 billion UAH of losses,…
The state enterprise Ukrpromvneshexpertisa believes local ferrous scrap prices will fall in Q4 by 4.76% QoQ, or by 170 UAH per ton, to 3.4 thousand UAH per ton. “In Q3 the average price will total 3570 UAH per ton, and will drop to 3.4 thousand UAH in Q4”, says the enterprise marketing department head Yuri…