Armenal, an Armenia-based foil-rolling plant of Russian aluminum giant UC RUSAL, has started reducing production and transferring staff to part-time employment, sources familiar with the situation reported The reason is declining demand for the facility’s products in light of the sanctions imposed by the U.S. in April against Russian businessman Oleg Desipaska and his companies…Details
Ukrgazodobycha has concluded a contract with the Heavy Weight Drilling Pipes and Kellies Works on the purchase of pipes valued at 117.15 million UAH. Until April 2019 the company has to supply 1226 heavy weight drilling pipes and kellies of its own production according to TU 26-12-775-90. The price was 3% below the expected cost…Details
Prices of precious metals increased in Azerbaijan on September 18, according to the data published by the Central Bank. The price of gold grew by 5.7205 manats, to 2,037.127 manats per ounce on September 18 compared to the price on September 17. The price of silver went up by 0.082 manats, to 24.0344 manats per…Details
The state enterprise Selidovugol has concluded 2 agreements with the Novogrodovskaya Mine 1-3 LLC for the purchase of goods and services valued at 161.35 million UAH. Until mid-2019 the company has to deliver a scraper valued at 83.42 million UAH and repair 103 sections of mechanized anchoring for 77.93 million UAH. The delivery of the…Details
In January-August Ukraine increased exports of steel pipes by 7.3% YoY, to 434.6 thousand tons. In particular, seamless pipes accounted for 70.2%, and welded pipes – for 29.8%. Exports grew by 39.6% YoY, to $484.6 million (seamless pipes – by 82.2%, and welded – by 17.8%). In 8 months imports of seamless pipes dropped by…Details
In July, according to the customs statistics, Russia exported 345.8 thousand tons of pig iron, up by 12.3% YoY. In 7 months exports grew by 30.9%, to 3.35 million tons valued at $1226 million, up by 43%. USA imported the most – 52%, up by 1.1% YoY. Hong Kong follows second with 17%. It started…Details
In January-July Russia exported 1.63 million tons of steel pipes valued at $1830 million, up by 47% and by 93.6% YoY respectively.
According to the customs statistics, Finland imported the most – 26%, up 10-fold YoY.
Turkey increased imports 12-fold, to 17.7%, while Kazakhstan decreased by 2.2%, to 13%. (Ukrainian metal)
Yekaterinburg Non-Ferrous Metals Processing Works has made a trial delivery of metal products to Spain. In particular, EZOTsM has supplied gold wire to a Spanish developer and manufacturer of medical devices. The first meeting of the partners took place last November at Compamed-Medica-20017 exhibition in Germany. The delivery to Spain shows the process of the…Details
In January-August Russia produced 3.6 million tons of metal structures, down by 3.5% YoY.
According to the Federal Service of State Statistics, in August output dropped by 1.9% MoM and by 5.5% YoY.
In January-August the industrial manufacture index in Russia increased by 3.1% YoY. (Ukrainian metal)
In January-August Russia produced 41.3 million tons of rolled metal, up by 2.8% YoY. In August output dropped by 3.6% MoM and by 1.6% YoY. According to the Federal Service of State Statistics, pig iron manufacture grew by 0.8%, to 34.8 million tons, with August output down by 1.3% YoY and by 3.9% MoM. Pipe…Details
In January-August copper output in Kazakhstan grew by 0.2% YoY, to 0.28 million tons, with 0.042 million tons produced in August, up by 9% MoM. According to the statistics committee, zinc manufacture grew by 0.8%, to 0.22 million tons. In August output decreased by 1.4% and by 3.7% YoY. The largest non-ferrous metals manufacturers in…Details
Ukraine: AMKR wins VI professional skill competition among the railway personnel of the steel companies
Teams of Zaporizhstal, Azovstal, Yunikas-ТК, LTD (Kriviy Rih) and two teams of PJSC ArcelorMittal Kriviy Rih – Transport Department of Steel Plant and railway transport Department of Mining Department – took part in the sixth professional skill competition among the railway personnel. Andrey Kindrat, director of the transport department, PJSC ArcelorMittal Kriviy Rih: “Mining and…Details
Russian gold bar production rose by 0.4% YoY and by 9.5% MoM in August, the Federal State Statistics Service said on September 17.
In January-August gold bar production decreased by 0.4% YoY.
No absolute figures were disclosed. (Prime/Ukrainian metal)
Western Donbas has mined 607 thousand tons of coal, thus already fulfilling the annual plan. DTEK Dneprovskoye Mine Group No. 3 has invested 76 million UAH in machinery. 609 million UAH more will be spent this year. In 2018 all the 5 manufacturing sites of the Mine Group have extracted 2.2 million tons of coal.…Details
According to the statistics committee of the Ministry of National Economy, in August Kazakhstan produced 0.374 million tons of steel, down by 5.2%, but up from 0.367 million tons in July. Steel output in January-August dropped by 0.5% YoY, to 3.061 million tons. Flat rolled metal manufacture in 8 months grew by 7.1%, to 2.017…Details
The new shareholders of Donetskstal have replaced the supervisory board, made amendments to the statutory documents and liquidated the revision commission. The decisions were taken at the meeting on September 11. In particular, board chairman Dmitriy Khristodulidi, as well as board members Mikhail Ilyashev and Natalia Lobacheva have been removed from the board. Instead Ruslan…Details
Bosch has named Severstal-Metiz the best supplier in Russia for its division of Automotive Aftermarket. Severstal-Metiz supplies calibrated steel for one of Bosch enterprises in Russia. The companies have been cooperating for over 7 years. “At present Severstal-Metiz rolled metal quality equals that of European analogues. Thus, our share in the client order structure is…Details
In August Russia exported 129 thousand tons of ferrous scrap to Belarus.
According to the railroad statistics, this is up by 20.2% YoY.
In January-August scrap exports totaled 885.2 thousand tons, up by 17.8% YoY. (Ukrainian metal)
Since the start of the year Kemerovo region has yielded 121.2 million tons of power-generating coal and 46.7 million tons of coking coal, up by 5.3% YoY. Coal pits have yielded 108 million tons, and mines – 59.9 million tons. In August the region mined 22.2 million tons of coal (20.3 million tons in August…Details
In August Khabarovsk region yielded 3.3 tons of gold and 6.9 tons of silver. In 8 months gold output totaled 16.4 tons, with 13.1 tons being ore gold. Silver output reached 37.7 tons. Gold manufacture grew by 9% YoY, while silver dropped by 6%. By the end of the year the region intends to have…Details
Severstal, one the world’s largest vertically integrated steel and mining companies, announces the results of voting following an extraordinary general meeting of shareholders held on September 14. Severstal’s shareholders approved the payment of a dividend of 45.94 rubles per share for the three months ended June 30. The record date for this dividend payment is…Details
In January-June Metinvest B.V. increased investments 2.2-fold YoY, to $420 million. Metal segment accounted for 64% of investments (37% in H1 2017), mining – 35% (61%) and corporate expenses – 1% (2%). In particular, Mariupol Ilyich Iron and Steel Works received $122 million ($35 million), Azovstal – $76 million ($20 million), SevGOK – $51 million…Details
Next year the government intends to provide 659.7 million UAH to shut down and maintain closed coalmines and coal-processing enterprises.
According to the budget draft, the funds will be spent to prepare 3 coalmining enterprises for liquidation.
There are also 16 projects to shut down enterprises and maintain 2 water-pumping complexes. (Ukrainian metal)
Markland LLC has received 9 orders from state mine groups on the delivery of goods and provision of repair services valued at 75.16 million UAH. Mirnogradugol has placed an order valued at 50.86 million UAH, Selidovugol – 21.43 million UAH and the Mine named after Surgay – 2.88 million UAH. In particular, the largest order…Details