Centravis has participated in a prestigious Middle East Steel Conference MESC 2016 sponsored by SABIC and Saudi Aramco held on 17-19 of April in Dubai. Organized by NEFT, MESC conferences since 2011 have been an effective platform for exchange of knowledge between major players in the Oil & Gas industry of the Middle East region. So far, it is the only event of this sort dedicated to the topics related to developing, manufacturing and controlling quality of pipe steels.
TMK and Bashneft have signed a technology partnership program for 2016-2020.
In March Ukraine produced 6730 thousand tons of iron ore and iron ore concentrate, up by 6.5% MoM, or by 408 thousand tons.
In March Ukraine produced 2048 thousand tons of pig iron, up by 8.6% MoM, or by 163 thousand tons.
In March Ukraine exported $161.39 million worth of long-rolled metal products, with imports on the level of $11.22 million.
Interpipe says in January-March ferrous scrap deficiency on Ukrainian market was on the level of 176 thousand tons.
Energomashspetsstal will supply billets of die tooling to the largest titanium producer VSMPO-AVISMA (Russia) in July.
In January-February metal sales on the local market went up by 27% YoY, to 0.54 million tons. Together with pipes the volume is 0.59 million tons.
UC Rusal, a leading global aluminum producer, and TransContainer announce the signing of a 3-year contract to ship Rusal products in containers.
Paramjit Kahlon, vice-president of ArcelorMittal Kriviy Rih and member of the group management committee, has been appointed the chief executive officer of ArcelorMittal CIS (ArcelorMittal Kryviy Rih and ArcelorMittal Temirtau, Kazakhstan), effective as of May 1, 2016. As before, he reports to Davinder Chugh, senior executive vice-president of ArcelorMittal and chief executive officer of Africa and CIS (ACIS) region.
The Board of Directors of Norilsk Nickel has approved of the sale to Crispian Investments Limited of 1250075 ordinary shares (constituting 0.79% of the total share capital of the company) for a total of $158 million.
Heads of Ukrainian metal companies have addressed the Prime-Minister Vladimir Groisman, asking him to arrange a meeting to discuss the problems in the industry and develop the program of stabilization.
The Security Service of Ukraine has prevented the purchase of low-quality pipes from Russia valued at almost 25 million UAH by a state enterprise in Poltava region.
In January-March Poltava Mining and Processing Works exported 3.17 million tons of iron ore pellets.
The Verkhovnaya Rada of Ukraine has passed an act on the increase of the ferrous scrap export duty from 10 euro per ton to 30 euro for 3 years. 268 people’s deputies have supported the act.
Pobuzhye Ferronickel Plant plans to stop importing power-generating coal from Kazakhstan and switch to Ukrainian raw materials.
Ukraine: Mariupol Ilyich and Zaporizhstal comments on Turkey’s decision to cancel hot-rolled metal investigations
The Ministry of economy of Turkey has cancelled temporal measures on hot-rolled coil imports from China, Russia, Japan and Slovakia.
In 2016 Mariupol Ilyich Iron and Steel Works has started producing 8 new types of products, with the most of them coming from the cold-rolled shop.
In January-March Evraz Dniepropetrovsk Iron and Steel Works named after Petrovsky decreased steel semi-finished products (billets) output, at the same time increasing rolled metal (structural steel) output. According to the company statement, this has to do with the market demand.
A people’s deputy Sergey Taruta supports limitations of ferrous scrap exports from Ukraine.
Under the current price situation on the global markets, scrap export duty from Ukraine should be on the level of 50-60 euro per ton.
The Ministry of economical development and trade plans to pass to the Verkhovnaya Rada the decree on scrap market decriminalization.
Ukraine is suffering from the drastic shortage of scrap. This has already affected output and the country economy, say Zaporozhye and Mariupol mayors in their letter to the parliament.