Ukrainian Metal
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In August Ukrainian metal companies intend to produce 1.7 million tons of steel. According to Ukrmetallurgprom, pig iron output is forecast at 1.4 million tons and rolled metal – at 1.6 million tons. For July Ukrmetallurgporm forecasts were: steel – 1.7 million tons, pig iron – 1.6 million tons, rolled metal – 1.4 million tons.…
DetailsThe Splav Corporation has shipped the first 30 kits of safety relief valves to Altaiwagon in advance. By December the corporation will have to supply over 200 kits of valves for new railroad cars. “One of our main goals is not only manufacture in time, but in advance. The valve manufacture is a separate production…
DetailsThe extraction of energy and coking coal in Ukraine in January-June decreased by 2.9% YoY, to 18.4 million tons, the press service of the Ministry of Energy and Coal Industry reported. According to the report, 2.37 million tons of the total volume of coal was extracted at state-owned mines, where the overall coal production for…
DetailsHead of the government Bakytzhan Sagintayev has visited LLP “KAZ Minerals Bozshakol”, which mines and extracts copper ore. The enterprise was designed to extract 30 million tons of ore per year, to produce 100,000 tons of copper concentrates, and 120,000 ounces of gold concentrates within the first 10 years. 1,032 people work here. Today, the…
DetailsVSMPO-Avisma and OAK-Zakupki LLC have concluded long-term contracts on delivery of aluminum and titanium products for major Russian aviation industry enterprises. Avisma will be supplying aluminum alloys wares till 2019 and titanium alloys wares by 2020. All the metal will be delivered to the United Aircraft Building Corporation, which includes among others Sukhoi and Irkut…
DetailsKarabashmed has started assembling the automated copper pouring machinery. To transport copper ingots to the warehouse a new turnover device and roller table will be constructed. The new machinery will be tested in early autumn, after that the whole metallurgical shop will be shut down for repairs. All the modernization work is expected to be…
DetailsThe Dneprovsky Iron and Steel Works sintering factory has resumed operation. According to the company technical director Konstantin Nesvet, in the first day the factory produced 2 thousand tons of sinter and kept putting sintering machines into operation. DMK has also put its blast furnace N1M into operation, as all the raw materials have been…
DetailsThe state enterprise Mirnogradugol (Donetsk region) has signed an agreement with the individual entrepreneur Shapko I. M. on the transportation services valued at 199.99 thousand UAH. For the past year Shapko has received orders only from Mirnogradugol, in particular it has signed 5 agreements valued at 998 thousand UAH. Four of these were just 0.01…
DetailsEnergomashspetsstal has started manufacturing a new batch of billets for Eltech (Poland). The order will be carried out under the contract concluded with Zaklad Mechaniczny ELTECH sp.z.o.o in 2011. The company will supply 12 rolls with the total weight of 90.2 tons. The rolls to be used in the construction of electric machines will be…
DetailsThis year Uzbekistan will additionally buy 50 thousand tons of rolled metal and 20 thousand tons of raw materials. The President of Uzbekistan Shavkat Mirziyoev has signed a decree “On measures to provide for additional needs of the republic in ferrous rolled metals and metallurgical raw materials”. Uzbekistan Temir Yullari (state railroad company) will import…
DetailsMetalloinvest Cyprus Ltd. intends to sell 28.38 million ADR of Norilsk Nickel, or 1.79% of the total stock. These are all Metalloinvest shares in Nornickel. In 2016 Metalloinvest sold 1.4% of Nornickel shares for $341.7 million. (Ukrainian metal)
DetailsSeverstal – Balakovo Bar Works has shipped 2 million tons of metal. The 2-millionth ton was produced in late June. The company produces and sells billets and construction bars. The anniversary ton of rebars No. 8 has been supplied to the metal trading company StroyMetProfil in Moscow region. (Ukrainian metal)
DetailsAlfa-Bank has provided financing of $200 million to Evraz NTMK. The loan has been issued for 6 years. “We are proud of our 10-year cooperation with one of the largest industrial groups of Russia – Evraz NTMK. When working with reliable borrowers, we are ready not only to take decisions quickly, but also provide funds…
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