In January-June Kazakhstan mined 19.07 million tons of iron ore, up by 10.4% YoY. According to the Ministry of the national economy, copper ore output totaled 48.528 million tons, up by 36.3% YoY, gold-containing ore – 8.733 million tons, down by 1.8%, chromium concentrate – 2.208 million tons, up by 11.1%. Kazakhstan holds the 7th…Details
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On July 14 Andrey Yegorov was appointed the CEO of the pipe and sections works of Severstal in Sheksna. Previously he worked as the shop director there. In his new office Yegorov will go on improving production and realizing the investment program, in particular the construction of the automated complex to produce driven piles. Ilya…Details
In January-June Siberia Coal and Power Company increased its net profits 3.4-fold YoY, to $322 million. The company earnings went up 1.5-fold, to $2.661 billion. Capital investments totaled $313 million, up 2-fold YoY. EBITDA increased 1.7-fold, to $716 million. Coal mining in 6 months reached 53.6 million tons, up by 1% YoY. Coal sales increased…Details
The Verkhovnaya Rada of Ukraine has prolonged the scrap export duty of 30 euro per ton till September 15, 2018. The bill No. 6382 has been supported by 247 people’s deputies with the minimum required number of 226. According to the bill note, its goal is to regulate scrap export and decrease scrap shortage on…Details
Russian oil and gas pipe producer TMK has relaunched all its suspended U.S. facilities, Deputy CEO for Strategy Vladimir Shamtovich said on July 13. “In early July, we launched the two U.S. facilities that had been idle. So, all our plants are working now,” he said. In June, he said that the company planned to…Details
In June, according to railroad statistics, direct deliveries of ferrous scrap to Evraz ZSMK totaled 183.6 thousand tons, up by 7.5% MoM and by 8% YoY. In January-June the company received 714 thousand tons of scrap, up by 46% YoY and on average by 19% compared to the last 5 years. Evraz ZSMK holds the…Details
In January-June Chukotka Autonomous District mined 217 thousand tons of coal against 140.9 thousand tons in H1 2016. At present two enterprises mine for coal in the region: the “Ugolnya Mine” JSC at the Anadyr deposits and “Beringpromugol” LLC at Fandyushkinskoye deposits. In 6 months Ugolnaya Mine yielded 95.5 thousand tons of coal, down by…Details
By 2030 Belarus will have invested some $440 million in modernization of its foundries. Among the priority projects is the Minsk Engine Works high-quality pig iron manufacture in Stolbtsy (Minsk region). In early 2018 it is planned to complete the first stage of the project, and by 2028 – the second stage. By 2028 $207…Details
The Arbitrary court of Rostov region on July 13 ruled well grounded the claims of the companies Atrix B. V. and Rostov Electrometallurgical Works to Mechel for recovery of damages. Atrix B. V. (the Netherlands), the founder of REMZ, claims 10.1 billion rubles from Mechel for the damages done to the works under the management…Details
Sverdlovsk region aluminum companies are capable of producing almost any semi-finished products on their own and substituting imports. According to the Aluminum Association chairman Valentin Trischenko, at present the region imports some 3.5 thousand tons of aluminum semis. “The potential of the regional aluminum companies allows not only substituting imports, but even exporting products”, he…Details
ArcelorMittal Temirtau and Linde have signed an agreement to carry out preliminary work for construction of the second air-separating machine. The machine will produce oxygen, nitrogen and argon, used in the manufacture of pig iron, steel and rolled metal. It is planned to put the machine into operation in November 2019. “We’ve been cooperating with…Details
From January 1, 2018 Russia will get the new interstate GOST 34028-2016 “Rolled reinforced bars for ferroconcrete structures. Technical conditions”, which will replace the current standards. According to the Center of standardization and metal products certification of the Research institute on ferrous metallurgy named after Bardin, the new GOST sets obligatory characteristics, which the rebars…Details
In January-June Interpipe Steel produced 403 thousand tons of steel, up by 32.6% YoY. According to the company representative, in June steel output totaled 79 thousand tons, up from 75 thousand tons in May. In 2016 the company produced 614 thousand tons of steel, up by 2% YoY. (Ukrainian metal)Details