Ukraine: AMKR and TIS build indoor storage for metal goods at Yuzhny port

ArcelorMittal Kriviy Rih and Transinvestservice stevedoring company (TIS, Odessa region) have opened an indoor transshipment complex for metal goods worth more than $4.5 million at Yuzhny seaport (Odessa region). According to a press release from TIS, the complex includes a warehouse for 7,000 square meters with a capacity of more than 40,000 tons. Its capacity…

Russia: EU duties not to affect MMK

The imposition of EU duties on hot-rolled metal will not affect Magnitogorsk Iron and Steel Works. “At present a minimum price of 473 euro per ton is being discussed. If the price is higher, the duty will not be imposed. This price is ok for us. We’re trading at much higher prices, so the duty…

Kazakhstan: KAZ Minerals copper output up in H1 2017

In January-June KAZ Minerals produced 118 thousand tons of copper, up by 110% YoY.

Bozshakol and Aktogay yielded the most to the result.

According to forecasts, copper output at Bozshakol in 2017 will double to 95-110 thousand tons, at Aktogay it is expected to increase to 65-85 thousand tons. (Ukrainian metal)

Russia: UEM modernizing equipment

The refining department of the chemical-metallurgical shop of Uralelectromed has put into operation a new induction unit to smelt gold into ingots. The cost of the machine is 2.8 million rubles. The Parallel IPT-25-10 unit has been designed at the customer order within the program of outdated machinery modernization and replacement. It can produce 2…

Russia: Ufaleinickel to be shut down

The second largest nickel manufacturer in Russia – Ufaleinickel – will stop operating. On August 7 the company shareholders voted for the liquidation of the enterprise. According to Ufaleinickel representative Olga Markina, the process will be long. The board of directors is still looking for investors, but so far there have been no agreements. As…

Ukraine: Lvivugol receives 14 million UAH for coal sold

On August 7 Lvivugol received 14 million UAH for the coal it sold.

According to the department of the fuel-energy complex of the Lviv regional state administration, all the money was spent to pay salary to the miners. (Ukrainian metal)

Russia: RZhD to buy VMZ railroad wheels

Vyksa Iron and Steel Works has become a winner in the Russian Railroads competition.

VMZ won in the nomination “Components for the rolling stock and the infrastructure” with railroad wheels made of T-grade steel. The wheels have been developed by VMZ within the cooperation program with the Russian Railroads on quality improvement. (Ukrainian metal)

Russia: Electrozinc to construct new shop

UGMK-Holding and CINF (China) have carried out the fourth round of negotiations on designing and construction of a new zinc electrolysis shop at Electrozinc in the city of Vladikavkaz, which will produce 96 thousand tons of zinc and zinc-aluminum alloy per year. This year Electrozinc will finish the project and design work on construction. “We…