In June Armenia produced 1440 tons of molybdenum concentrate, up by 10.6% MoM and by 64.6% YoY, as well as by 43% from the average monthly result in the past 12 months, and the record one for the country. Ferromolybdenum manufacture increased to 674 tons, up by 1.6% MoM and by 12% YoY, after a…
ChTPZ Group has started transforming its scrap-procuring division, the Meta Group of Companies. The program will run till 2023 in 2 stages. During the first stage, until 2021, the company will get a new target system of business processes and implement a number of IT-tools to manage and control scrap procurement and processing. The second…
In July Mechel-Materials processed a record of 43 thousand tons of metal manufacture waste into mineral additive to concrete mixes. This is some 40% of Chelyabinsk Iron and Steel Works blast furnace wastes in a month. The additive is obtained by shredding pig iron manufacture waste in special mills. The use of the additive allows…
Eurasian Economic Committee will impose quotas on hot-rolled metal from Ukraine and South Korea from December 1 for a year. Under the quota it will be possible to supply 1.328 million tons of rolled metal without additional payments, but over that volume the duty will be 20% of the customs cost. “The special protective measure…
Lime manufacture in January-July increased by 4% YoY, to 1.2 million tons. Dniepropetrovsk and Donetsk regions are still the major producers, accounting for 68% of the total output. The growth is due to increase of lime output at Mariupol Ilyich Iron and Steel Works and Azovstroymaterialy. The 10 largest manufacturers accounted for 86% of lime…
In July Energomashspetsstal shipped a batch of rolls for rolling mills to the Mariupol Ilyich Iron and Steel Works. The corresponding agreement was concluded in November 2018. The batch comprised of 7 supporting rolls with the combined weight of over 200 tons. Among them was a bulk roll weighing 120 tons to be used at…
In January-June aluminum prices at LME dropped by 17.3% YoY, to $1826 per ton. This has become one of the reasons of Rusal revenue decrease by 5.2%, to $4736 million. Sales grew by 13.2%, to 1978 thousand tons, but the average price fell by 15.6%, to $1960 per ton. Alumina sales revenue totaled $340 million,…
Aleksandrinskaya Mining Company has started implementing the ERP system. The system allows combining and automating the main processes at the enterprise – from purchasing and technical maintenance of the machinery to finance and personnel management to manufacture planning. The system consists of 7 blocks. It will replace the outdated and segmental sets of accounting programs.…