The Eurasian Economic Commission’s department of the internal market protection has announced a new antidumping investigation of the import of stainless steel welded pipes from China. The investigation relates to the pipes and tubes with the wall thickness of 0.4 to 6 mm and the outer diameter of 6 to 115 mm. The investigation was…
International rating agency S&P Global Ratings (S&P) has revoked the long-term credit rating of Russian coking coal producer Koks, a part of Industrial Metallurgical Holding (IMH), at a request of the company, the agency said in a statement. At the time of revocation, the rating was B, and the outlook was Stable. (Prime/Ukrainian metal)
ChTPZ group has commissioned a new finishing line for oil pipes with ChTPZ Prime joints at Pervouralsky Pipe Works. The machinery will increase the capacity of the finishing center by 30 thousand tons per year. Investments totaled 300 million rubles. The line comprises two EMAG mills to finish compressor-pump and casing pipes with the diameter…
In January-November Ukraine decreased pipe output by 5.3% YoY, to 965 thousand tons, with 75 thousand tons produced in November. The Ukrtruboprom association enterprises manufactured 680 thousand tons of pipes, down by 7.2% (55 thousand tons in November). Interpipe-NTZ decreased output by 17.4%, to 211 thousand tons (19.2 thousand tons), Interpipe NMTZ – by 4.9%,…
Volnogorsk Mining and Metallurgical Works, a subsidiary of the United Mining and Chemical Company, has concluded an agreement with the Promtekhsnab Company on the delivery of diesel fuel valued at 256.5 million UAH. In 2020 the company has to supply 9 thousand tons of seasonal diesel fuel at 28,500 UAH per ton. The purchase has…
In January-November Ukrzaliznytsia (Ukrainian Railways) transported 62.6 million tons of iron and manganese ores, up by 3% YoY. According to the State Statistics Service, in the January-October the growth was 3.2%. Ferrous metals scrap transportation decreased by 19.7%, to 2.2 million tons. Ukrzaliznytsia has also decreased the transportation of ferrous metals by 4.1%, to 17.6…
Energomashspetsstal has signed a major contract for the manufacture of components for the nuclear machinery of Xudabao Nuclear Power Plant units Nos. 3 and 4. The components have to be delivered until March 2022. The agreement was concluded in December and presupposed the delivery of over 3400 tons of components. This is the second EMSS…
The Arbitrary court of Krasnodar region has declared the Krasnodar Metal Structures Works bankrupt and has imposed bankruptcy proceedings for 6 months. The bankruptcy was initiated by SMK-Retail LLC, which claimed 1.36 billion rubles. In 2011 the works borrowed 1.17 billion rubles for modernization from Sberbank. The works was unable to pay, and the bank…
