ArcelorMittal Temirtau is reconstructing its hot-rolling mill-1700 in the sheet-rolling shop No. 1. The goal of the project is to replace outdated machinery and increase capacity. The machinery is supplied by Novokramatorsk Machine-Building Works (Ukraine). So far the company has shipped machinery for the second stage of repairs. Soon NKMZ specialists and AMT employees will…Details
Novorosmetal has announced the construction of a rolling plant near the town of Novorossijsk. According to the department of economical development of the town administration, 10.2 ha of land has been reserved for the plant. The company is expected to create 450 to 600 jobs. The Novorossijsk Rolling Plant LLC has already been created. The…Details
Ukraine’s exports in January-August of titanium ore and concentrate – a raw material used for titanium sponge production – grew by 3.1% YoY, to 419,030 tons, the state customs service reported. Revenue from exports of the commodity increased to $87.7 million from $66.2 million a year ago, the customs service said. In January-August Ukraine shipped…Details
In early September the DTEK Space Heroes Mine Group reported the yield of over 3 million tons of coal since the beginning of the year. In mid-August the mine named after Space Heroes reported mining of 2 million tons of coal. In early September the miners of the Blagodatnaya mine joined them with another million…Details
In January-July Russian imports grew by 11.8% YoY, to $136.9 billion. According to the customs statistics, the share of metal and metal wares was 7.3%, up from 7.1%. The share of far foreign countries was flat at 5.9%, while that of CIS countries went up to 18.5% from 16.3%. The monetary value of imports grew…Details
According to the customs statistics, in January-July Russian exports totaled $239.1 billion, up by 27.9% YoY. The share of metal and metal wares was 10.6% (up from 10.1%). The share of the far foreign countries grew from 9.7% to 10.2%, and of CIS from 12.3% to 13%. The monetary value of exports increased by 34.5%,…Details
Severstal Steel Decisions has completed the shipping of metal structures for the construction of an office building in the village of Ozeretskoye in Moscow region.
The total floor area of the building is 120 square meters.
The company has supplied 140 tons of metal structures. (Ukrainian metal)
Omega LLC has finished the gold washing season of 2018. The result was 320 kg of alluvial gold, with the target at 304 kg. The output grew by 14% YoY. The company is developing gold deposits in the Republic of Sakha (Yakutia). It has 4 licenses for Lazo, Bilir, Bolshoy Delegenyakh and the Bilir Brook…Details
In August Energomashspetsstal produced and supplied over 200 tons of working and supporting rolls to Ukrainian customers.
In particular, the rolls have been delivered to Zaporizhstal, Mariupol Ilyich Iron and Steel Works, Azovstal, etc.
All these enterprises are long-time partners of EMSS.
The rolls will be used at hot- and cold-rolling mills. (Ukrainian metal)
Mechel will participate in the largest international transport exhibition InnoTrans 2018 on September 18-21 in Berlin, Germany. At the event Mechel will showcase the products of the rail and beam mill of Chelyabinsk Iron and Steel Works. The company has mastered the manufacture of the main types of rails according to European and Russian standards,…Details
Karelsky Okatysh has started developing the fuel peat deposits Zarechnoye. The opening of the deposits was held on September 10. The peat will be used in the company boiler rooms to decrease the use of fuel oil. The deposits comprise 9 sites on the area of 272 ha, with combined peat reserves of 718 thousand…Details
The largest shareholder of Petropavlovsk, Kenes Rakishev (22%) commented on the lowering of the company credit rating. “The decrease of the gold-extracting company Petropavlovsk credit rating by Fitch from B- to CCC should not be dramatized. The results of the first half of the year led to this. We had a corporate conflict at the…Details
In August Severstal decreased sales by 0.1% YoY, to 488.6 thousand tons.
This is the lowest level since July 2017.
In January-August sales grew by 5.3% YoY, to 5.45 million tons.
Russian customers received 3.66 million tons, up by 0.5%, while exports increased by 16.8%, to 1.8 million tons. (Ukrainian metal)
NLMK Group, an international steel company, is pleased to announce that RAEX (Expert RA) has assigned it the highest credit rating of ruAAA with a stable outlook, making NLMK Group the first metals and mining company to be awarded the highest rating by the agency. The rating acknowledges the company’s high creditworthiness and financial reliability,…Details
In January-June Ferrexpo enterprises (Poltava, Yeristovo and Belanovsky Mining and Processing Works) transferred 1.3 billion UAH worth of taxes to budgets of all levels. In particular, PGOK transferred over 1.1 billion UAH, EGOK – 189.9 million UAH and BGOK – 5.3 million UAH. Poltava GOK paid 110 million UAH to the local budget, 141 million…Details
The land in Shyrokivskiy district of Dnipropetrovsk region for construction of tailing pond is in state ownership and possession was delivered to PJSC ArcelorMittal Kriviy Rih legitimately, explained Yuriy Martynyuk, General Legal Counsel of Legal Administration of the company. – Not all people are aware of this issue. Please explain, what was in the beginning?…Details
In August NLMK-Ural metal sales via railroad totaled 130 thousand tons, up by 13.4% YoY.
In January-August sales grew by 13.3% YoY, to 900 thousand tons.
Sales to Russian customers totaled 621.2 thousand tons, up by 26.1%, while exports dropped by 7.7%, to 278.8 thousand tons. (Ukrainian metal)
In August NLMK-Kaluga received 112.2 thousand tons of ferrous scrap via railroad.
According to the railroad statistics, this is up by 2.8% YoY.
In January-August scrap deliveries totaled 886.2 thousand tons, up by 9.1% YoY. (Ukrainian metal)
Polymetal has started processing raw materials from Latin America at its Amur Hydrometallurgical Works. “Amur HMW is operating like a hub. Since the second half of 2017 we have been processing concentrates of other companies. These are concentrates from the Far East, Siberia and even Kazakhstan. We have also processed a small batch from Latin…Details
In August direct scrap deliveries to NLMK-Ural totaled 176 thousand tons.
According to the railroad statistics, this is up by 4.1% YoY.
In 8 months ferrous scrap deliveries reached 1.11 million tons, up by 2.3% YoY. (Ukrainian metal)
In August NLMK-Kaluga increased sales of metal via railroad by 2% YoY, to 91.8 thousand tons.
In January-August the company sold 752.2 thousand tons of metal, up by 5.2% YoY.
Sales to Russian customers accounted for 306.3 thousand tons, down by 1.8%, while exports grew by 10.5%, to 446 thousand tons. (Ukrainian metal)
The shares of Rusal at the opening of trade at Hong Kong stock exchanged fell by 6%. Rusal is preparing to decrease output because of the US sanctions. The term of business operations with Rusal expires on October 23. Deripaska’s representatives are in constant contact with the Department of Finances, but there is no evidence…Details
Ukrainian journalists tracked down former employees of the Crimean Titanium plant, who explained why a chemical disaster occurred. The reason lays in grave violations of the technology process to dispose of hazardous substances – leftovers of titanium production. “For three years, hydrolysis acid has been drained into settling reservoirs in full violation of technology,” ex-worker…Details
The prices of precious metals increased in Azerbaijan on September 11, according to the data published by the Central Bank. The price of gold grew by 1.4535 manats, to 2,029.7575 manats per ounce on September 11, compared to the price on September 10. The price of silver went up by 0.0665 manats, to 24.0502 manats…Details