Russia: MMK presents capabilities during Metal-Expo

Magnitogorsk Iron & Steel Works (MMK) participated in Metal-Expo’2018, the 24th International Industrial Exhibition, in Moscow. Traditionally, MMK’s stand was one of the biggest and the most impressive at the forum. Its visitors were able to explore a wide range of products and technological capabilities from both MMK plant itself and MMK Group’s companies. Among…

Russia: PNTZ to use HBI in steel smelting

The technique to use hot-briquetted iron in steel manufacture is being developed at Pervouralsky Pipe Works. According to the ChTPZ commercial director Denis Prikhodko, HBI will be purchased at Mikhailovsky and Lebedinsky Mining and Processing Works of Metalloinvest. “We have great prospects of cooperation with Metalloinvest”, he added. In particular, PNTZ intends to increase purchases…

Kyrgyzstan: government to revise Kumtor agreement

The government of Kyrgyzstan wants to revise a strategic agreement with the Canadian company Centerra Gold Inc. on cooperation on Kumtor project, the Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziyev announced at a meeting of the Parliament. According to him, the current government is not satisfied with the terms of the agreement signed by the ex-Prime…

Russia: scrap deliveries to NLMK-Ural up in October 2018

In October NLMK-Ural received 186.3 thousand tons of scrap via railroad.

According to railroad statistics, this is up by 4.5% YoY.

In January-October scrap deliveries to NLMK-Ural grew by 3.3% YoY, to 1.47 million tons. (Ukrainian metal)

Russia: scrap deliveries to MMK down in October 2018

In October direct scrap deliveries to MMK totaled 283.5 thousand tons, down by 12.9% YoY.

According to the railroad statistics, in 10 months deliveries reached 1.65 million tons, up by 0.3% YoY.

Since 2012 the company has been a leader in scrap purchases via railroad. (Ukrainian metal)

Russia: SZTZ ceases existing

The Service Company Severo-Zapadniy Pipe Works LLC (Saint Petersburg), earlier declared bankrupt, ceases existing. According to local mass media, the demolition of the premises has started. Earlier the land plot of 6.7 ha has been sold to Setl Group for housing construction. SZTZ used to produce water and gas pipeline pipes as well as hollow…

Russia: Shamil Kurmashov appointed NLMK Group CFO

NLMK Group, an international steel company, announces the appointment of Shamil Kurmashov as NLMK Group CFO, effective from November 15. Kurmashov will be in charge of coordinating the work of financial departments across all NLMK Group companies, supporting the execution of the new strategic cycle of the group leading up to 2022, and driving the…