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…
Gaysky Mining and Processing Works has for the first time received a Transvers Mixer Р1086 underground self-propelled concrete-placing machine. The machine has been made to order. In 11 months Gaysky GOK received some 50 units of mining machinery. (Ukrainian metal)
Zlatoust Electrometallurgical Works has added a powerful MAZ tractor unit to its fleet. The machine will be transporting hot ingots from the second electric steel shop to the rolling shop No. 1. The MAZ unit has an engine with 328 hp. The machine will be able to deliver the steel to the shop without its…
In October Russia imported 2.5 thousand tons of aluminum scrap and waste, up by 60.3% MoM, but down by 26% YoY. Deliveries from Kazakhstan grew by 61%, to 1.5 thousand tons, and from USA from 251 to 687 tons. In 10 months imports totaled 22.8 thousand tons, down by 26% YoY. In monetary terms since…
In October Russia exported 65.1 thousand tons of refined copper, down by 1.6% MoM and by 2% YoY. Deliveries to China grew almost 2-fold, to 13 thousand tons, and to Germany – 2-fold, to 16.3 thousand tons. The Netherlands accounted for 40% of all exports (26.1 thousand tons). In 10 months exports totaled 573 thousand…
NLMK Lipetsk, the flagship site of NLMK Group, has delivered a pilot batch of galvanized bake hardening (BH) steel to the Uzbekistan-Korean joint venture UzSungwoo. The pilot batch of steel was custom-made to meet the customer’s individual requirements. It was used to make General Motors internal car body parts, which contributed to vehicle safety. Tests…
In October Russia imported 14.3 thousand tons of ferrosilicomanganese, up by 88.5% MoM and by 8.2% YoY. Deliveries from Georgia grew 3-fold, to 7.9 thousand tons, and from Kazakhstan – by 11%, to 5.5 thousand tons. In 10 months imports totaled 149 thousand tons, down by 4.3% YoY. In monetary terms since the start of…
In October Russia exported 2.2 thousand tons of ferrotitanium, up by 3.3% MoM and by 33.6% YoY. Deliveries to the Netherlands grew by 18%, to 1.5 thousand tons, and to Germany – by 72%, to 187 tons. At the same time China decreased imports by 36%, to 270 tons. In 10 months exports totaled 16.5…