In 2019 TMK decreased pipe sales by 5% YoY, mostly due to the drop in sales of the American division. At the same time Russian division increased sales by 5%, including OCTG seamless pipes by 4% and large-diameter pipes by 56%. Overall OTCG sales dropped by 11%, with Russian division selling 3% more pipes. (Ukrainian…
In 2019 Vyksa Iron and Steel Works hired a record number of employees. In particular, 1720 have been hired, including 337 by ways of internal rotation. This is the highest result in five years. Previously it did not exceed 1200 people per year. (Ukrainian metal)
OMZ-Spetsstal has started producing billets for the 4th energy unit of the Suydapu Nuclear Power Plant in China. Under the contract with AEM-technologies, OMZ-Spetsstal will produce billets for the reactor body, steam generator and pressure compensator. The total weight of the billet will be 1800 tons. (Ukrainian metal)
In 2019 Stoilensky Mining and Processing Works increased concentrate output by 3.3% YoY, to 18 million tons. Pellets accounted for 7.5 million tons, and sinter ore – 1 million tons. This year the GOK intends to increase ore processing from 37 to 42 million tons per year, and iron content in the concentrate from 66.5%…
In November 2019 Russia imported 1 thousand tons of non-refined copper from Kazakhstan, up by 60% MoM and more than 9-fold YoY. In 11 months of 2019 imports totaled 4.2 thousand tons, up by 118% YoY. In monetary terms imports have increased by 152%. Price in November 2019 dropped from $14.2 to $14 per kg.…
In November 2019 Russia exported 46.4 thousand tons of lead ore and concentrate, up by 85% MoM and by 70% YoY. Deliveries to China grew almost 2-fold, to 45.9 thousand tons, and to Kazakhstan – from 135 tons to 555 tons. In 11 months of 2019 exports totaled 374 thousand tons, up by 16% YoY.…
Severstal has invested in the Dutch company Airborne, a global leader in developing digital automation platforms for the production of composite parts, and products with integrated composites. Severstal joins other investors in this investment round, including Pangaea Ventures, the leading advanced materials venture capital fund, and SABIC, the world’s third largest diversified chemical company. Airborne…
Hryvnia strengthening, salary increase, maintaining of a social package and the opportunities for additional income helped ArcelorMittal Kriviy Rih in 2019 to reduce the outflow of personnel, despite the increase in labor migration in Ukraine. Compared to 2016-2018 the situation with human resources has improved at the company. First of all, regarding the main engineering…
