Russia: Severstal discusses Yakovlevo GOK with Belgorod region

Chairman of Severstal Alexei Mordashov and the governor of the Belgorod region Yevgeniy Savchenko have discussed issues of the development of Yakovlevo Mining and Processing Works. Mordashov presented the development program for 2018-2023, which presupposed the increase of ore output more than 5-fold, from 878 thousand tons to 5 million tons. This year the output…

Ukraine: scrap prices to grow in October 2018

The state enterprise Ukrpromvneshekspertisa believes in October average ferrous scrap prices will grow by 3-5.8% MoM, to 6.9-7.3 thousand UAH per ton. In August the actual average scrap price was 6.6-7.1 thousand UAH per ton. In September the price was expected to total 6.7-6.9 thousand UAH per ton, and in November it is expected at…

Russia: NLMK shareholders approve Q2 2018 dividends

At the Extraordinary General Shareholders’ Meeting (EGM) held on September 28 NLMK shareholders approved the payment of Q2 dividends of 5.24 rubles per share.

The date upon which the shareholders entitled to Q2 dividends would be determined was set as October 12.

H1 dividends will amount to 10.97 rubles per share. (NLMK/Ukrainian metal)

Ukraine: environmental equipment is under AMKR special control

PJSC ArcelorMittal Kriviy Rih has completed almost all capital repairs of aspiration systems and GCPs planned for 2018. Vladislav Bashinskiy, Director of Central Repair and Maintenance Department (CRMD), described the most large-scale repairs. – First of all, please, tell us how the plant determines, which environmental facilities require repair? – For this purpose a system…

Russia: 33-meter seamless pipes of unique steel to be produced

The Central Research Institute of Ferrous Metallurgy named after Bardin has developed a unique corrosion-resistant austenitic steel grade and the technique to produce 33-meter seamless pipes of it.

At present this technology has no analogues in the world.

Metal companies – Electrostal, Ruspolymet, Volzshky and Sinarsky Pipe Works – participated in the development. (Ukrainian metal)

Belarus: BMZ offering ten new steel grades for automobile industry

The Belarus Iron and Steel Works has mastered the production of ten new grades of alloyed steel and carbon steel for the automobile engineering industry, the company’s Press Secretary Alexander Olesik declared. According to the source, BMZ’s engineering division always works to expand the choice of products for the automobile industry. “This year alone we’ve…

Russia: coal to be supplied to Turkey via Azerbaijan

Russia is considering the possibility of supplying coal to Turkey and other countries through Azerbaijan, First Deputy Managing Director of Russian Railways JSC Alexander Misharin said. “Railroad transportation between Azerbaijan and Russia grew by 18% YoY, and exceeded 6 million tons,” Misharin said. Speaking about the International North-South Transport Corridor (India-Iran-Azerbaijan-Russia-Kazakhstan), he noted that interest…

Ukraine: AMKR cargo transportation up in January-August 2018

In January-August Ukrzaliznytsia increased transportation of ArcelorMittal Kriviy Rih cargo by 25% YoY. “Last year the AMKR throughput totaled 2.223 billion ton-km, but this year – 2.775 billion ton-km, up by 552 million ton-km”, Ukrzaliznytsia CFO Andrei Ryazantsev said. At the same time earlier AMKR CEO Paramjit Kahlon claimed that its throughput dropped by 25%…

Russia: billet export down in July 2018

In July Russia exported 1.33 million tons of billets, down from 1.36 million tons in June. In June exports dropped by 1% MoM. At the same time July exports grew by 21% YoY (from 1.1 million tons). In January-July billet exports increased by 14.59% YoY, to 9.5 million tons. Taiwan imported 27.06% (0.36 million tons)…