Chelyabinsk Iron and Steel Works has produced for the construction of a lyceum for 1,000 pupils in the town of Abakan. The size of the building will be 23.3 thousand square meters. ChMK rebars are characterized by high quality. They are widely used in construction. (Ukrainian metal)
Ural Metal-Processing Company LLC has started carrying out a project to increase the portfolio of the steel sections it manufactures. In particular, the company will start producing T-shaped galvanized sections, as well as section elements used in the manufacture of fences. The commission of the manufacturing line is scheduled for May-July. The sizes of the…
In January-March, Electrocable increased output by 30% YoY, to 156 thousand km of cable and wire. The increase in the output is mostly due to modernization and new machinery purchase last year. Thus, in 2018 the company modernized 5 manufacturing lines in the shop No. 5. (Ukrainian metal)
In March Electrostal (Kurakhovo, Donetsk region) resumed operation having produced 11 thousand tons of continuous cast billet. In January-March the enterprise was idle, while in Q1 2018 it produced 71 thousand tons of billets. The reason for the company downtime was the growth of ferrous scrap prices, which made billets manufacture unprofitable. In 2018 Electrostal…
Zaporizhstal intends to restore up to 5 locomotives each year. “We are restoring our railroad fleet. This is the fifth locomotive returned to life in a year and a half. As efficient, environmentally friendly and comfortable, as a new one. But 7 times cheaper”, the company CEO Rostislav Shurma said. In January Zaporizhstal reported that…
Russia has prohibited imports of some types of pipes from Ukraine. In particular, the prohibition covers seamless pipes, tubes and hollow sections, made of ferrous metals, except for pig iron, including of corrosion-resistant steel, round pipes of iron or unalloyed steel, as well as square and rectangular pipes. Moreover, the import of some types of…
Precious metal prices increased in Azerbaijan on April 19 compared to the prices on April 18. The price of gold grew by 6.29 manats, to 2,169.1405 manats per ounce. The price of silver went up by 0.1215 manats, to 25.53 manats per ounce. The price of platinum increased by 33.881 manats, to 1,535.168 manats, and…
The board of directors of the Russian steelmaker Severstal recommended paying 35.43 rubles per share, or a total of about 29.68 billion rubles, in dividends for January–March, the company said. The shareholders will consider the recommendation at an extraordinary general meeting scheduled for June 7, the register for the meeting will close on May 13,…
