In October Russia exported 8.3 thousand tons of ferrochrome, down by 32% MoM and by 60% YoY. Deliveries to the Netherlands decreased by 25%, to 6 thousand tons. 1.3 thousand tons were exported to Taiwan, up by 32%. Japan decreased imports from 2 thousand tons to 25.5 tons. In January-October exports totaled 100 thousand tons,…
Beloretsk Iron and Steel Works has produced aviation ropes for its new customer – the Far Eastern Aviation Service Center. At the request of the customer BMK has produced a batch of galvanized steel ropes with the diameter of 4 mm. In 2016 the company received a gold medal at MetalExpo for this type of…
The Cabinet of Ministers has directed UAH 322.6 million to pay salaries to coal miners. Prime Minister of Ukraine Oleksiy Honcharuk wrote about this on his Telegram channel on December 18. “The government has allocated UAH 322.6 million to pay salaries to miners,” Honcharuk wrote. (Ukrinform/Ukrainian metal)
In January-November Interpipe Steel decreased steel output by 12% YoY, to 786 thousand tons. In November the company produced 53 thousand tons of steel, up by 23% MoM. The low result of October is explained with capital repairs of machinery. The company resumed operation on November 6. (Ukrainian metal)
In January-September Ferrexpo invested over 4.5 billion UAH ($172.2 million) in development of its Poltava, Yeristovo and Belanovsky Mining and Processing Works. In particular, PGOK received 3.03 billion UAH ($115 million), while EGOK and BGOK – 1.48 billion UAH ($57.2 million). PGOK spent the money to maintain current operation (580.1 million UAH, $22 million), on…
Bystrinsky Mining and Processing Works has received all the necessary documents to commission its construction objects. Among the largest are the processing factory, quarries, tail dumps, etc. The construction of the GOK began in 2013. The annual capacity will be 10 million tons of ore. The design capacity is expected to be reached in 2020.…
The authorities of Sverdlovsk region have approved new residents of the Titanium Valley special economic zone. In particular, at the Salda site Ferrostar will be producing directly reduced iron with low prime cost. Investments will reach 2.3 billion rubles. When the company reaches its design capacity it will employ 80 people. (Ukrainian metal)
Severstal has started supplying industrial batches of new product – hot-rolled strips with the size of 40×4 mm. In late November the first 100 tons of the new product were shipped to a customer. The new product manufacture was mastered at the mill-250 of Cherepovets Iron and Steel Works. The hot-rolled strip can be used…
