Russia: Trubprom developing stainless LDP manufacture

In 2016 Trubprom started developing new manufacture – large diameter pipes of stainless steel.

According to the company director Ilya Vorontsov, last year Trubprom received trial orders, and this year it has many more.

The company has also modernized the mill, having increased the range of products. (Ukrainian metal)

Russia: Severstal starts producing new steel

Severstal has started producing the DP600 dual phase ferrite-martensite pickled hot-rolled steel with increased strength. This steel is used in the manufacture of wheel disks and automobile parts. The new steel grade is manufactured at the 2000 mill in the Cherepovets Iron and Steel Works sheet shop. “DP600 steel grade will allow us to increase…

Ukraine: coking coal output down in Q1 2017

In January-March Ukraine mined 10 million tons of coal, down by 3.3% YoY, or by 327.8 thousand tons. In particular, power-generating coal output reached 8.6 million tons, up by 7.8% YoY, or by 616.8 thousand tons, coking coal – 1.8 million tons, down by 13.9%, or by 289 thousand tons. Despite the total increase in…

Ukraine: metal output down in April 2017

In April Ukraine decreased steel output by 28.6% YoY, to 1.572 million tons. Pig iron output dropped by 30.1%, to 1.443 million tons. Rolled metal production decreased by 31.9%, to 1.341 million tons. In January-April Ukraine decreased steel production by 15.8% YoY, to 6.975 million tons, pig iron by 20.1%, to 6.324 million tons, rolled…

Kyrgyzstan: 20 companies lose licenses to develop coal deposits

About 20 companies lost their licenses to develop deposits. The decision was made by the State Committee of Industry, Energy and Subsoil Use. The licensing commission suspended the development of four coal deposits: Kok-Yangak, Kozhokelen (the section of Torpu), Suluktinskoye, and Turuk. “United Coal Company” lost two licenses for Karatutskoye field. “Altyn-Beshikkomur” LLC was deprived…

Ukraine: Metinvest EBITDA up in February 2017

In February Metinvest increased EBITDA 3.6-fold YoY, to $151 million.

According to the company statement, the result is down by 2.6% MoM.

The group revenues in February increased by 40.6% YoY, to $592 million, but decreased by 1% MoM. (Ukrainian metal)

Russia: Norilsk Nickel announces preliminary consolidated production results for Q1 2017

Norilsk Nickel, the largest refined nickel and palladium producer in the world, announces preliminary consolidated production results for the first quarter of 2017. First Vice-President – Chief Operating Officer, Sergey Dyachenko commented on the Q1 production results: “The decline in metal production volumes in the first quarter was scheduled as it was resulting primarily from…

Ukraine: Interpipe NTZ income down in 2016

In 2016 Interpipe Nizhnedneprovsk Pipe Works decreased net income by 11.6% YoY, to 5052.242 million UAH. The works net losses increased by 40.3%, to 1136.428 million UAH. Last year Interpipe NTZ produced 100.993 thousand tons of seamless pipes (96.994 thousand tons in 2015), 43.297 thousand tons of casing pipes (57.072 thousand tons), as well as…