Ukraine: metal sales to increase

In 2016 metal consumption in Ukraine will grow by 2.6% YoY, or by 3358 million tons, according to Metinvest-SMC. “We believe the rise will continue next year as well. At least all the companies involved should demonstrate better results”, said the company CEO Dmitry Lippa. He also noted the increase in the mining industry by…

Russia: Norilsk Nickel production chain to undergo major changes

Vladimir Potanin, president of Norilsk Nickel, came to Norilsk. He visited various production sites, where the company carries out its strategic projects, and held business meetings with the Polar Division management to discuss reconfiguration of production, implementation of capacity increase programs, and improvement of the environmental situation in Norilsk industrial region. According to Norilsk Nickel…

Russia: Norilsk Nickel chooses contractor for FOCL construction

Upon completion of the open tendering procedure, Norilsk Nickel has picked the contractor for supply and installation of communication equipment required for developing the transportation network and outfitting the backup area with radio-link communication across the Yenisei River, as part of the project involving the construction of fiber-optic communication line (FOCL) from Novy Urengoy to…

Ukraine: metal output in Donetsk region up in January-May 2016

In January-May industrial output in Donetsk region (without the antiterrorist operation zone) increased by 7.2% YoY, but in May it was down by 4% MoM and by 1.2% YoY. The regional metal output went up by 9.3%, while mining production rose by 15.9%, all YoY. Coal mining reached 6.3 million tons, up by 17.1% YoY.…

Ukraine: AMKR gives away its functions

ArcelorMittal Kriviy Rih has created a private company Steel Service to provide auxiliary services to manufacturing processes of the company. “Steel Service will provide high quality service to AMKR from the single center. We can take any auxiliary function and develop it, increasing its quality and implementing innovations”, said the company director Irina Footrook. (Ukrainian…

Ukraine: VostGOK to buy 12.8 thousand tons of lime

Vostochny Mining and Processing Works has chosen the trading house Eco-Service for the delivery of 12.82 thousand tons of lime worth 34.75 million UAH in July-December.

The offer was accepted on June 21. Torgservice Company offered 36.56 million UAH. (Ukrainian metal)

Ukraine: steel output to rise in 2016

Ukrmetallurgprom believes that in 2016 Ukraine will produce 29 million tons of steel, up by 26.6% YoY, or by 6.1 million tons.

To produce this amount of steel metal companies will need 8.12 million tons of scrap. (Ukrainian metal)

Ukraine: steel semis export-import in May 2016

In May Ukraine exported $217.87 million worth of steel semi-finished products, with imports on the level of $0.99 million.

According to the State Fiscal Service, Egypt was the primary importer of Ukrainian steel semis in May ($63.81 million).

In January-May Ukraine exported $906.54 million worth of steel semis, while imports reached $4.9 million. (Ukrainian metal)

Russia: Kola sets up new storage facilities for inventories in Monchegorsk

Kola MMC (Norilsk Nickel affiliate) has delivered an upgraded central storage facility for inventories with an approximate area of 3 thousand square meters at its Monchegorsk site. A hired contractor remodeled the layout of the building, overhauled the flooring, and modernized lighting and heating systems. To improve efficiency of floor space utilization, the on-the-floor storage…