Ukraine: Pinchuk gets elite real estate in London for Krivoy Rog Iron Ore Combine

Victor Pinchuk has received elite real estate in London from Igor Kolomoyskiy and Gennady Bogolyubov within an amicable settlement of the court process on Krivoy Rog Iron Ore Industrial Combine. Pinchuk accused Kolomoyskiy and Bogolyubov of the breach of agreements while privatizing the plant and demanded $2 billion. He claimed that in mid-2000s gave the…

Russia: metal output up in September 2017

According to the Ministry of economic development, in September the metallurgical manufacture index increased by 0.5% YoY, but dropped by 3.2% MoM. In particular, pig iron output increased by 4.9% YoY, stainless steel by 0.3%, non-alloyed steel by 0.4%, alloyed steel by 4.6%, rolled metal by 1.6%, seamless stainless steel pipes by 27.9%, compressor-pump pipes…

Russia: Nornickel preliminary consolidated production results for Q3 and 9 months of 2017

PJSC MMC Norilsk Nickel, the largest refined nickel and palladium producer in the world, announces preliminary consolidated production results for the third quarter and nine months of 2017. First Vice-President — Chief Operating Officer, Sergey Dyachenko commented on the production results: “In Q3 our nickel production increased by 10%, as Talnakh Concentrator reached its design…

Russia: Karelsky Okatysh puts new excavator in operation

Karelsky Okatysh has put in operation the fourth EKG-20KM excavator.

The first two excavators have been operating at the Central and South quarries for over a year already.

The third excavator was put in operation in August. (Ukrainian metal)

Russia: NLMK-Kaluga to decrease refractory usage

NLMK-Kaluga has put into operation a steel-casting ladle with a new wall lining, which decreases refractory materials usage by 25%. The ladle transports liquid steel from the furnace. Earlier NLMK-Kaluga ladles have been lined with refractory bricks. The new technique uses liquid refractory concrete. “We intend to save some 29.1 million rubles a year with…

Ukraine: Donetsk Iron and Steel Works manufacture stopped

In early November Donetsk Iron and Steel Works, situated in the temporarily occupied region, stopped operating because of the lack of funds.

The money provided by the managing company Vneshtorgservice LLC was used to buy fuel, raw materials, machinery, etc.

In June the works was shut down because of the absence of fuel. (Ukrainian metal)

Ukraine: HBI imports down in January-October 2017

In January-October Ukraine imported 2.167 thousand tons of hot-briquetted iron, down by 95.2% YoY. According to the State Fiscal Service, imports decreased in monetary terms by 92.5%, to $580 thousand. Ukraine does not export or re-export HBI. The largest manufacturer of HBI in the CIS countries is Lebedinsky GOK (Russia). In 2016 because of the…