Russia: ZEMZ starts producing slabs of new sizes

In October ZEMZ started producing slabs of 12X18H10T steel with the size of 150×680 and 150×700 mm for the Krasniy Oktyabr Iron and Steel Works.

This is the first time that ZEMZ produces slabs of such a width.

The slabs have been manufactured at the 1150-mill of the rolling shop No. 1. (Ukrainian metal)

Russia: Profil-Akras exports 3900 tons of pipes in October 2017

The Profil-Akras pipe works has presented the results of October.

In particular, pipe output totaled 12 thousand tons.

Sales reached 13.6 thousand tons, with 3.9 thousand tons exported. (Ukrainian metal)

Russia: Metalloinvest net profit up in January-September 2017

In January-September Metalloinvest received $1.089 billion of net profit, up by 53.8% YoY.

Revenue totaled $4.556 billion, up by 52.4% YoY.

EBITDA grew by 80.8%, to $1.544 billion, with metallurgical segment of the company EBITDA up by 39.8%, to $267 million. (Ukrainian metal)

Ukraine: Lvivugol orders 25 million UAH worth of self-rescuers

The state enterprise Lvivugol has ordered Zakhidprom Trade LLC the delivery of self-rescuers valued at 25.5 million UAH.

According to the agreement the company has to supply 679 self-rescuers produced by Dezega (Turkey). The price of self-rescuers is 9449.92 UAH apiece.

Lvivugol bought 421 self-rescuers at the same price in August. (Ukrainian metal)

Ukraine: coal output down in October 2017

In October Ukraine mined 2 million tons of coal, down by 25.9% YoY. According to the State Statistics Service, this does not take into account the temporarily occupied territory of Crimea and the Antiterrorist operation zone. October output increased by 4.3% MoM. In January-October Ukraine mined 20.2 million tons of coal, down by 16.4% YoY.…

Russia: aluminum wiring returning to the market

RUSAL announces that aluminum alloys 8030 and 8176 have been successfully approved by Russian authorities for the use in electrical wiring applications. This approval opens up new market opportunities for aluminum. The Ministry of Energy of the Russian Federation has approved the order that regulates construction of electrical installations and permits the use of aluminum…

Russia: Kemerovo region coal output up in 2017

Russia’s largest coal-mining region, Kemerovo, plans to raise coal output to 240 million tons in 2017 from 227.4 million tons produced in 2016, governor Aman Tuleyev told the region’s Council of People’s Deputies. “We have not closed a single company despite all the problems, and we’ve even managed to build new ones and to hold…

Ukraine: Unisteel output to increase in 2018

In 2018 Metinvest intends to increase the loading of Unisteel LLC capacities 2.5-4-fold YoY, to 50-80 thousand tons of galvanized rolled metal. In 2017 the company will produce slightly over 20 thousand tons of metal, while the project capacity of the machinery is 100 thousand tons, thus it has the prospects of increasing output. With…

Russia: MMK to get Gazprom gas

Magnitogorsk Iron and Steel Works has concluded a 10-year agreement with Gazprom Mezhregiongaz Kurgan for the delivery of gas. The volume of the deal is 40.4 billion rubles without VAT. The agreement is valid through December 31, 2027. At present the main volume of gas to MMK is provided by Novatek-Chelyabinsk. Thus, MMK is diversifying…

Russia: Susumanzoloto yields 5 tons of gold

As of November 19, the gold-mining company Susumanzoloto has obtained 5042 kg of gold in Magadan region, up by 14% YoY. The increase is the result of the investment in the mining machinery fleet expansion. Thus, this year Susumanzoloto has purchased 3 loading complexes. During the current gold-mining season the company has invested 1.2 billion…