The decision of the state company Ukrzaliznytsia to introduce free price of cargo wagons makes Ukrainian scrap-procuring companies nervous. The ability to set prices for wagons will result in the increase of their price and the growth of expenses of all market participants, the UAVtormet association letter to the minister of economic development and trade…Details
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In January-June KAZ Minerals produced 118 thousand tons of copper, up from 56 thousand tons in H1 2016. According to the company statement, it is sure of reaching the output target for this year of 225-260 thousand tons. “We are gradually increasing output at Aktogai processing factory”, the group CEO Oleg Novachuk declared. The project…Details
The Ministry of economy and trade of Mexico has set up preliminary compensation duties on imports of seamless steel pipes from Ukraine, as well as South Korea, Spain and India. Duty for Ukrainian pipe makers is $170.11 per ton. The antidumping investigation began on December 15, 2016, and covers the time frame from April 1,…Details
Energomashspetsstal has supplied a batch of working rolls to ArcelorMittal Kriviy Rih. The order has been made under the contract concluded in March. The total weight of 4 rolls is 132.530 tons. The rolls will be used in bar-rolling mills. EMSS and AMKR have been cooperating since 2011. (Ukrainian metal)Details
In January-June Omolonskaya Gold Ore Company produced 2.6 tons of gold, up by 45% YoY. The main yield was from the Tsokol and Birkachan deposits. Gold contents in ore have grown by 12% since the start of the year, to 5.3 g per ton. In Q2 gold mining increased by 9%, to 94%. This year…Details
Bratsk Aluminum Works has received a certificate of compliance with ISO/TS 16949:2009. The document confirms the company entry to the foreign markets with metal for automobile industry. In 2015 BrAZ received its first orders to produce a trial batch of alloys for Italian and German customers. The audit has been carried out by DNV GL.…Details
In 2017 VSMPO-Avisma has spent over 20 million rubles on the repair of its own railroad. According to the group, the manufacturing sites in Verkhyaya Salda are connected by some 40 km of railroad ways. 5 railroad cars have already delivered materials and spare parts. (Ukrainian metal)Details
The supervisory board of Evraz Sukhaya Balka, recently bought by DCH group from Evraz, appointed Alexander Yaroslavsky its chairman. The election took place on August 2. Yaroslavsky has been appointed chairman until the next annual shareholders meeting. (Ukrainian metal)Details
In January-July Electrostal (Donetsk region) produced 243.661 thousand tons of continuous cast billets, up by 23.12% YoY. According to the company report, 197.011 thousand tons were exported and the rest sold locally. In July Electrostal produced 41.887 thousand tons of billets, exporting 41.849 thousand tons. In 2016 the company increased billet output by 8.9% YoY,…Details
The State Service of Geology and Subsoil has ordered to suspend operation at 2 Evraz Sukhaya Balka mines – Yubileynaya and named after Frunze. In 1996 the company received 2 special licenses to mine for iron ore for 20 years. They expired in September 2016. The new licenses could be given when the investigation on…Details
The supervisory board of Khartsyzsk Pipe Works has terminated the term of office of the company CEO Denis Novikov, having appointed Kirill Avramenko, the deputy CEO of EMZ, instead. According to the company statement, the decision was taken on July 31. Novikov has served as the CEO from May 22, 2015 till July 31, 2017.…Details
Dneprovsky Iron and Steel Combine intends to switch its blast furnace No. 1M from natural gas to pulverized coal fuel. The furnace shop has started manufacture of slag and pig iron at the blast furnace No. 9. Blast furnaces have enough raw materials. BF9 was put into operation on August 1. DMK started blowing BFs1M…Details
Tulachermet has shut down its blast furnace No. 3 for scheduled repairs. The halt will not affect the planned output. In July the company had to produce 142 thousand tons of pig iron, and in August – 126 thousand tons. The BF3 was shut down on July 20, and the repairs are expected to last…Details