In 2019 Lysva Iron and Steel Works intends to produce 300 thousand tons of metal, up by 20% YoY. Since the company entered the MMK group, the output has increased more than 2-fold. While in 2017 LMZ produced 110.1 thousand tons of metal, last year the output totaled 248.5 thousand tons. This year the output…
In May, according to RZD, railroad throughput totaled 106.3 million tons, down by 3.8% YoY. In 5 months throughput dropped by 0.7%, to 532.1 million tons. Of metal cargo 32.2 million tons accounted for ferrous metals, down by 2.5%. Ferrous scrap transportation grew by 4.7%, to 5.6 million tons. Iron and manganese ore transportation increased…
In March the state-owned Vnesheconombank made an additional contribution to the Sibuglemet statutory capital in the volume of 84 billion rubles. The VEB share in the capital has not changed, it is still 100%. VEB intends to sell the company, which is now managed by Evraz. Sibuglemet is one of the largest coking coal miners…
Magnitogorsk Iron and Steel Works (MMK) confirmed its status as the largest supplier in Russia of rolled metal for the production of pipes. At the end of 2018, the company shipped 3.3 million tons of hot-rolled steel to the Russian market, of which more than a half was delivered to companies in the pipe industry.…
In May, Ukraine decreased steel output by 4.7% MoM, to 1.89 million tons. Pig iron manufacture dropped by 9.3%, to 1.698 million tons, while that of rolled metal grew by 4.3%, to 1.71 million tons. In 5 months Ukraine produced 8.74 million tons of pig iron, 9.33 million tons of steel and 7.89 million tons…
In May, Zaporizhstal increased steel output by 6.8%, to 342 thousand tons. Pig iron manufacture grew by 7.7%, to 335.1 thousand tons, while that of rolled metal dropped by 5.1%, to 292 thousand tons. In 5 months Zaporizhstal produced 1.711 million tons of steel, 1.832 million tons of pig iron and 1.46 million tons of…
Prices of gold, silver and platinum increased in Azerbaijan on June 4 compared to the prices on June 3. The price of gold grew by 17.8755 manats, to 2,249.253 manats per ounce. The price of silver went up by 0.167 manats, to 25.0631 manats per ounce. The price of platinum increased by 30.9825 manats, to…
Mechel-Service has supplied the first 1.5 thousand tons of flanged beams to its new warehouse in Vidnoye, Moscow region. The warehouse will stock a wide range of flanged beams and channel produced by Chelyabinsk Iron and Steel Works. This is the second beam warehouse. It will supply beams to the customers in the Central, Northwestern…