Russia: SUEK net profits up in H1 2017

In January-June Siberia Coal and Power Company increased its net profits 3.4-fold YoY, to $322 million. The company earnings went up 1.5-fold, to $2.661 billion. Capital investments totaled $313 million, up 2-fold YoY. EBITDA increased 1.7-fold, to $716 million. Coal mining in 6 months reached 53.6 million tons, up by 1% YoY. Coal sales increased…

Ukraine: scrap export duty prolonged

The Verkhovnaya Rada of Ukraine has prolonged the scrap export duty of 30 euro per ton till September 15, 2018. The bill No. 6382 has been supported by 247 people’s deputies with the minimum required number of 226. According to the bill note, its goal is to regulate scrap export and decrease scrap shortage on…

Russia: Aluminum Association approves of Sverdlovsk region producing aluminum semis

Sverdlovsk region aluminum companies are capable of producing almost any semi-finished products on their own and substituting imports. According to the Aluminum Association chairman Valentin Trischenko, at present the region imports some 3.5 thousand tons of aluminum semis. “The potential of the regional aluminum companies allows not only substituting imports, but even exporting products”, he…

Russia to get new rebars GOST in 2018

From January 1, 2018 Russia will get the new interstate GOST 34028-2016 “Rolled reinforced bars for ferroconcrete structures. Technical conditions”, which will replace the current standards. According to the Center of standardization and metal products certification of the Research institute on ferrous metallurgy named after Bardin, the new GOST sets obligatory characteristics, which the rebars…

Ukraine: Interpipe Steel output up in H1 2017

In January-June Interpipe Steel produced 403 thousand tons of steel, up by 32.6% YoY.

According to the company representative, in June steel output totaled 79 thousand tons, up from 75 thousand tons in May.

In 2016 the company produced 614 thousand tons of steel, up by 2% YoY. (Ukrainian metal)

Russia: NLMK Group expands premium transformer steel portfolio

NLMK Group is bringing a series of new premium grade transformer steels to the global market. The new grades of steels are designed for manufacturers of energy-efficient transformers, including those featuring stranded magnetic conductors, that are cost-efficient and easy to manufacture, and are widely used in individual housing construction. Advanced grades of transformer steel, namely…

Kazakhstan: KAC receives TKZ equipment

The Taganrog Boiler-Making Works “Krasny Kotelshchik” (TKZ), a member of PJSC Power Machines, has completed the delivery of a drum complete with separation devices and expansion rollers for the Kazakhstan Aluminum company TPP (Pavlodar, the Republic of Kazakhstan), a member of the Eurasian Group (ERG). This large-scale item was designed and manufactured within the framework…

Belarus: BMZ reroutes export due to European Commission’s antidumping duty

The Belarus Iron and Steel Works has rerouted its export after the European Commission introduced a five-year antidumping duty on steel rebars, BMZ Deputy Director General Andrei Kulakovsky declared. Reinforcing bars accounted for an average of 12.3% of BMZ’s total export in 2012-2013. The introduction of the antidumping duty was no shock. During the investigation…

Ukraine: AMKR spends 4.7 billion UAH on environment protection

In 2006-2016 ArcelorMittal Kriviy Rih spent 4.7 billion UAH on environment protection projects. In 2016 the company spent 472.7 million UAH, including on reconstruction and construction of 35 gas-purifying machines in the sintering shop No. 2, blast furnace shop No. 2, converter shop, refractory-lime shop, grinding factory, etc. Last year the company paid 193.7 million…