Mechel ordinary shares have grown in price by 8.47% at the Moscow Stock Exchange. The cost of a share was 93.77 rubles, with the peak at 94.3 rubles. In the first days of the Stock Exchange operation in January, Mechel shares became 60% more expensive – 99.6 rubles on January 8 as opposed to 63.14…
In 2019 Interpipe decreased steel output by 4.2% YoY, to 854.5 thousand tons. Pipe manufacture dropped by 13.3%, to 587 thousand tons. At the same time the company increase railroad products output by 11%, to 207.7 thousand tons. Last year pipes were mostly sold in Ukraine (25%), Europe (24%) and America (24%), while railroad products…
Metinvest has attracted a loan of 24.4 million euros for 11 years to finance the construction of an oxygen plant at Mariupol Ilyich Iron and Steel Works. The machinery will be supplied by Air Liquide. The corresponding agreement was signed in June 2019. The capacity of the air-separation and gasification plant will be 25 thousand…
Pereyaslovsky Pit has mined 90 million tons of coal. The pit was commissioned in 1983. It is developing the Pereyaslovskoye coal deposit in Krasnoyarsk region. Annual capacity exceeds 5 million tons, and the reserves amount to 260 million tons of coal. The enterprise employs around 700 people. (Ukrainian metal)
OmZM-Metal will supply the Irkutsk Oil Company with metal structures for its gas project. The corresponding agreement was signed with a contractor of the project – Toyo Engineering Corporation. Under the agreement the company will produce some 4 thousand tons of metal structures for the construction of an ethylene plant. (Ukrainian metal)
Mednogorsk Copper and Sulfur Works has purchased railway scales valued at some 8 million rubles. The scales have been placed on the railway truck between the raw materials and charge preparation shop and the briquetting shop. The equipment will be used to measure the weight of railroad transport means loaded with cargo. The scales will…
In January-November 2019 Russia imported 6.716 million tons of ferrous metals, up by 1% YoY. According to the Federal Customs Service, in November 2019 imports grew by 6.88% MoM, to 0.548 million tons. Imports of ferrous metals without pig iron, ferroalloys, scrap and waste totaled 5.404 million tons, up by 2.3%, with 0.478 million tons…
In 2019 Kazakhstan produced 4.463 million tons of steel, up by 11.4% YoY. At the same time, rolled metal manufacture dropped by 20%, to 2.036 million tons. According to the Statistics Committee of the Ministry of the National Economy, Kazakhstan produced 2.217 million tons of ferroalloys, up by 6.2%. (Ukrainian metal)
