VSMPO-Avisma Corporation has signed several long-term agreements with Rolls-Royce for the period up to 2026. Terms and conditions of all agreements differ from each other. According to the terms of new agreements VSMPO-Avisma shall deliver rings, blisks and fan disks to Rolls-Royce for new jet engines. The expected revenue from the agreements will potentially exceed…Details
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In January-July Ukraine imported 9.457 million tons of coal valued at $1.472 billion, up by 5.1% and by 85.9% YoY respectively, including $213.64 million in July. According to the State Fiscal Service, Russia supplied $762.006 million worth of coal (51.76%), USA – $378.469 million (25.71%), Canada – $116.185 million (7.89%) and other countries – $215.491…Details
Rusal has stopped supplying aluminum to the largest manufacturer of cast wheel disks in Russia – Kik LLC. According to the K&K Group of Companies CEO Sergey Kuklin, having purchased the Skad LLC, Rusal got an opportunity to enter the car disk market, the world volume of which is estimated at 300 million pieces a…Details
The Industrial Union of Donbass Corporation is still controlling the Alchevsk Iron and Steel Works, situated on the Russia-supported terrorist-occupied territory of Lugansk region. According to a source, after the cargo stopped crossing the demarcation line, the militants of the so-called Lugansk People’s Republic did not make any attempts to take over the enterprise. At…Details
In July Yuzhniy Mining and Processing Works produced 1.052 million tons of concentrate, up by 13.8% YoY. According to the company statement, its sinter output dropped by 33.3%, to 152.8 thousand tons. In January-July UGOK produced 7.133 million tons of concentrate and 1.046 million tons of sinter, up by 12.6% YoY and down by 8.9%…Details
In January-June Magnitogorsk Iron and Steel Works received $538 million of net profit, up by 10.7% YoY. According to the company statement, its EBITDA increased by 29.2%, to $907 million, earnings grew by 37.8%, to $3,586 billion. In 2016 MMK produced 12.5 million tons of steel, up by 2.5% YoY. (Ukrainian metal)Details
Stoilensky Mining and Processing Works (an NLMK Group company, core asset of NLMK Mining Division) has embarked on the implementation of a predictive management system for ore crushing and beneficiation processes. In the long run, this will enable an increase in the efficiency of the beneficiation equipment to 400,000 tons of concentrate per year. Twenty…Details
ChZPSN-Profnastil has increased its manufacturing capacities of light steel thin-walled structures used in construction. In addition to a Samesor line (sections with the thickness of 1-4 mm), the company has put into operation a Zeman line (1.2-4 mm thick sections with the height of 100-400 mm). The company can now produce S- and Z-sections. (Ukrainian…Details
Losses of the state enterprise Donetsk regional railroads (DZhD), a part of the state enterprise Ukrzaliznytsia, will soon grow to 6-65 million UAH per month because the railway authorities cannot provide for the full-scale cargo connection with the city of Mariupol. “I’ve read somewhere that in July DZhD did not receive 42 million UAH of…Details
Some private Ukrainian companies are buying power coal in Russia at $78-82 per ton. But, according to the minister of energy and coal industry Igor Nasalik, these deliveries could be stopped at any moment by a decision of a single person. “I can not say that Russian coal is cheap, but some companies do buy…Details
According to the Federal Customs Service, in January-June Russia exported 20.713 million tons of ferrous metals, down by 3.5% YoY. In particular, exports to far foreign countries amounted to 17.75 million tons, up by 6.3%, valued at $7.4 billion, while exports to the CIS countries increased by 18.2%, to 2.96 million tons ($1.5 billion). Steel…Details
By the end of 2017 Kimkano-Sutarsky Mining and Processing Works will have reached its full capacity of 3.5 million tons. “Each day the works sends out some 100 railroad cars with 6 thousand tons of ore. The iron ore concentrate mostly goes to the South-East Asian”, the company CEO Yuri Makarov said. KSGOK intends to…Details
The Eurasian Economic Commission department of the local market protection has prolonged the antidumping investigation on the imports of hot-rolled steel angles from Ukraine. The investigation term has been prolonged until October 10. In early July the investigation proved the existence of dumping. It was suggested to impose an import duty of 37.89% on the…Details