Interpipe has concluded a 3-year agreement with the Societe Nationale Industrielle et Miniere of Mauritania on the supply of locomotive wheels with the diameter of 1076 mm according to AAR. SNIM is the sole owner of railroad infrastructure with the length of 704 km. The railroad connects the city of Zuerat with the port city…Details
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Centravis has won a contract to supply over 3.3 thousand meters of seamless pipes made of stainless steel for exhaust systems to Akrapovic, Slovenia. Earlier Centravis has received an order from the German PMI to produce premium-quality exhaust pipes. In 2020, Centravis decreased output by 9.3% YoY, to 19.5 thousand ton. Sales amounted to 19.8…Details
Krastsvetmet has received a general license for one year to export silver in ingots. Thus, the company will be able to increase volumes and decrease time of exports. Until 2021, Russia only issued one-time licenses. It took a company 2-2.5 months to get a license. Since the start of the year companies can get one…Details
In 2020, Ukraine decreased steel export from 15.6 million tons to 15.2 million tons. At the same time, according to Worldsteel, Ukraine went up one step in the rating, from the 10th to the 9th position. China was the first with 51.4 million tons. Ukraine occupied the 4th place in the rating of importers with…Details
In May, Dneprovsky Iron and Steel Works decreased rolled metal output by 3.3% YoY, to 24.1 thousand tons. Steel manufacture grew by 2.8%, to 29.3 thousand tons, pig iron – by 2.3%, to 26.6 thousand tons, and coke – by 3.7%, to 41.7 thousand tons. Last year, rolled metal output fell by 68%, to 140…Details
Novokramatorsky Machine-Building works has designed and produced a set of machinery for the light section-wire mill-350/250. This mill can produce rods with the diameter of 10 to 30 mm and wire rods with the diameter of 5.5 to 12 mm. “NKMZ used to mostly modernize and reconstruct such mills, producing separate equipment for them. But…Details
In January-March, Interpipe received a revenue of $201 million, down by 20% YoY. EBITDA dropped by 53%, to $40 million, while capital investments grew by 58%, to $17 million. Net debt amounted to $53 million. Railroad sales revenue decreased by 53% and volumes by 32%. (Ukrainian metal)Details
In January-May, Ukraine procured 1.57 million tons of scrap, up by 35.1% YoY. The growth was due to high purchasing prices of metal companies, as well as increasing activity of exporters. Metal companies received 1354.9 thousand tons of scrap, up by 23.6%. Scrap stocks are estimated at 140-145 thousand tons. Exports amounted to 146.3 thousand…Details
In January-April, Amur region yielded 4210.9 kg of gold, down by 20.3% YoY. In particular, Petropavlovsk decreased output. Thus, Malomyrskiy Mine LLC and Albynskiy Mine LLC extracted 1491.1 kg and 396.9 kg respectively, down by 2% and by 76%. Pokrovskiy Mine extracted 856.8 kg of gold, down by 29%. TEMI LLC, also a part of…Details
In January-May, Yuzhniy Mining and Processing Works increased iron ore concentrate output by 1.5% YoY, to 5.2 million tons. In May, UGOK produced 1.8 million tons of concentrate, down by 2.5% YoY. Last year, output grew by 4.4%, to 12.8 million tons. (Ukrainian metal)Details
This year, the gold-extracting company Podgolechniy, a part of Seligdar, intends to produce 173 kg of gold. The company will process 500 thousand tons of ore from the Yasnaya Polyana deposit in the Republic of Sakha (Yakutia). Seligdar acquired the deposit in 2018. Its S1 reserves amount to 287.02 kg of gold and R1 to…Details
Metinvest has started supplying metal for the active stage of construction of the first “steel building” in Ukraine in Mariupol. Azovstal intends to provide over 330 tons of steel structures, with around a hundred to be delivered until the end of May. The frame of the building will be made of metal structures, while the…Details