In January-June Severstal sold 2.9 million tons of metal to Russian construction companies, up by 16% YoY. This year the group decided to focus on end consumers and restructured its operation with metal traders. The increase of sales was favored by the expansion of geography of sales and the development of logistics. For example, Severstal…
Acting governor of Chelyabinsk region Alexei Tesler has paid a visit to Asha Iron and Steel Works. In particular, he visited the sheet-rolling shop No. 1 commissioned in 1952. In 2014 the first stage of modernization was complete. The shop produces thick sheet of carbon, low-alloyed and structure steel grades at the mill-2850 for slabs…
Metals giant Norilsk Nickel plans to install Russia’s first, 2-billion ruble air conditioning on the Taimyrsky mine, the company said in a statement on August 8. The launch is scheduled for July-September 2020. The total consumed electric power capacity is planned at 6 megawatts. Similar systems are used in China and Poland. (Prime/Ukrainian metal)
In January-July lime railroad deliveries grew by 41% YoY, to 236 thousand tons. At the same time, July saw the lowest level of sales since the start of the year – 26 thousand tons, up by 67% YoY. The main consumers were ArcelorMittal Kriviy Rih (bought small batches last year), Zaporizhstal (down by 27%) and…
In January-July railroad deliveries of limestone grew by 7% YoY, to 6.6 million tons. In July deliveries went up by 3% YoY, to 1 million tons, but decreased by 11% MoM. Dniepropetrovsk and Donetsk regions were the largest consumers, accounting for 70% of purchases. The main consumers of limestone are metal companies. In particular, Novotroitskoye…
Evraz has agreed on the sale of its vanadium manufacturer Evraz Stratcor Inc. to a third party. The sum of the deal is not disclosed. It is expected the deal will be finalized in September. Evraz bought 73% of Stratcor in 2006 for $110 million. (Ukrainian metal)
Top managers of ArcelorMittal Kriviy Rih had a meeting with the President of the State Volodymyr Zelenskyi in the end of July, and recently had negotiations with the representative of the Office of the President of Ukraine, having discussed possibilities to improve environmental footprint and to implement social projects in Kriviy Rih. The result is…
In January-July Ukraine received $5.61 billion of revenue from the export of ferrous metals, down by 9.4% YoY. According to the State Fiscal Service, ferrous metals accounted for 19.53% of all export revenue as opposed to 23.07% in January-July 2018. In July Ukraine exported $818.21 million worth of ferrous metals. Imports in 7 months dropped…