In May Zaporizhstal produced 325.2 thousand tons of steel, down by 11.2% YoY. According to the company statement, pig iron output dropped by 17.1%, to 285.5 thousand tons, that of rolled metal – by 12.3%, to 272 thousand tons. The decrease of output is the result of the shut down of the blast furnace No.…
DetailsAt an Annual General Meeting held on May 31 in St. Petersburg, members of the Russian Steel Association elected the Chairman of the Board of Directors of NLMK Group Vladimir Lisin their new President. Lisin will preside over the Association for the next two years. Anatoly Sedikh, Chairman of the Management Board of OMK, was…
DetailsMetinvest-Resource, a scrap supplier of Metinvest companies, Interpipe Nizhnedneprovsk Pipe Works and ArcelorMittal Kriviy Rih have won tenders, organized by Ukrzaliznytsia to sell 84.5 thousand tons of scrap. AMKR won 38 thousand tons of scrap, having offered 193 million UAH (5080 UAH per ton). Metinvest-Resource bought 24 thousands tons of scrap for 114.72 million UAH…
DetailsAlexander Yaroslavsky’s DCH Group has taken over the management of Evraz Sukhaya Balka and appointed Vitaly Bash its new CEO. “We will do our best to make Sukhaya Balka develop. There will be no sharp actions, but we still intend to implement some novelties that we have devised at DCH”, Yaroslavsky said. The next several…
DetailsIn 2016 the world top-10 steel manufacturers remained the same. The main steel manufacturers now are in the Asian region, with 5 in China, 2 in Japan, and 1 each in South Korea and India. The leader is ArcelorMittal (Luxembourg) with 95.45 million tons of steel produced in 2016. Russian companies were able to reach…
DetailsIn January-April the republic of Buryatia mined 1177.5 thousand tons of coal, up by 50.8% YoY. According to the regional ministry of natural resources, the increase was the result of the coalmining start at Nikolskoye deposits of Tugnuysky open-pit in June 2016. (Ukrainian metal)
DetailsThe state enterprise Ukrpromvneshexpertisa forecasts that in June ferrous scrap deliveries to metal companies will decrease by 13.53% MoM, or by 36 thousand tons, to 230 thousand tons. “In April 266 thousand tons of scrap were delivered to the works. I believe both traders and procurers tried to sell as much scrap as possible, as…
DetailsIn April global pig iron output increased by 5.3% YoY, to 100.77 million tons. The world leader was still China with 62.58 million tons, up by 7.1% YoY. Japan produced 6.514 million tons of pig iron, India – 5.535 million tons, Russia – 4.405 million tons, South Korea – 3.45 million tons, Germany – 2.553…
DetailsPJSC ArcelorMittal Kriviy Rih is a leader of “Transparency Index” rating among the largest companies of Ukraine in 2016, sharing the first position with DTEK company. In total 100 largest companies of the country took part in the rating. Rating, complied by the Center of CSR Development, distinguishes the level of transparency and available access…
DetailsIn January-April the Belarus Iron and Steel Works exported 578,900 tons of metal products worth $283.4 million. In monetary terms the export growth rate totaled 142.7% YoY, the company’s Press Secretary Alexander Olesik declared. The company reported the largest increase in the export of seamless hot-rolled pipes (190.8%) and fasteners (140.2%). Thanks to the active…
DetailsIn 2017-2026 the Kazakhmys Corporation intends to mine over 300 million tons of ore and produce 2.6 million tons of copper cathodes. “We mine over 29 million tons of ore per year and produce 1 million tons of concentrate, 226 thousand tons of cathodes, 3616 kg of gold and 251 tons of silver. And these…
DetailsIn January-April Mariupol Ilyich Iron and Steel Works produced 3.017 million tons of sinter, up by 17.8% YoY. In April sinter output totaled 850 thousand tons, up from 827 thousand tons in March. According to the company CEO Yuri Zinchenko, daily the sintering factory produces 33 thousand tons. “On May 10 the repairs of the…
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