In April Metinvest increased EBITDA by 2.7% MoM, or by $6 million, to $231 million, having decreased the revenue by 2.7%, or by $30 million, to $1.066 billion. According to the group statement, as of April 30 its combined debt was $3.206 billion. In April Metinvest produced 487 thousand tons of semi-finished products valued at…Details
In June Dneprospetsstal decreased steel output by 8.2% MoM, or by 1.8 thousand tons, to 20 thousand tons. According to the company statement, it also produced 13877 tons of rolled metal, down by 3.2%. The total cost of the products manufactured in June was 773.785 million UAH, down by 10.4% MoM. In H1 the company…Details
Energomashspetsstal has supplied a batch of rolls to ABB.
“In June EMSS shipped 183 tons of rolls to Finnish and Polish metal makers. The parts will be used in engine manufacture”, the company said.
The rolls were delivered by automobiles and via railroad. (Ukrainian metal)
In June direct deliveries of rolled metal and pipes to metal structure manufacturers via railroad totaled 59.5 thousand tons.
In annual comparison they dropped by 14%.
In January-June deliveries decreased by 9.8% YoY, to 329.4 thousand tons. (Ukrainian metal)
In June direct deliveries of ferrous metals to the major car manufacturers via railroad totaled 89.3 thousand tons.
In annual comparison the deliveries grew by 9.3%.
In January-June deliveries reached 533.8 thousand tons, up by 7% YoY. (Ukrainian metal)
In June direct deliveries of steel, pipes and semi-finished products to the major shipbuilding companies via railroad reached 6.1 thousand tons.
In annual comparison the deliveries decreased by 22.4%.
In January-June supplies totaled 57.5 thousand tons, down by 13.7% YoY. (Ukrainian metal)
Svyatogor, a part of UGMK, has put into operation after a major overhaul the reverberatory furnace No. 1.
The furnace was shut down in May 2017.
It took 2 months to cool down the furnace. While working its temperature reaches 1500 degrees C.
Investments in the project totaled 120 million rubles. (Ukrainian metal)
Rosgeologia has finished the planned complex of gold ore prospecting works within the Kakadurskoye ore zone. In particular, the enterprise has discovered three ore bodies of up to 11 meters with the gold contents of 3.8 g per ton, silver – 14.4 g per ton, copper – 1%, zinc – 5.27% and lead – 1.59%.…Details
Mechel-Service LLC has supplied 200 tons of rolled metal for the reconstruction of the Tolmachevo airport in the city of Novosibirsk. The beams have been produced at the Chelyabinsk Iron and Steel Works at the rail and beam mill, commissioned in 2013. Tolmachevo is the largest airport in Siberia and on the Far East. (Ukrainian…Details
Severstal has shipped hot-rolled sheet to Uralmash NGO Holding LLC. The rolled metal will be used to produce drilling rigs to be operated in the extreme conditions of the Far North. The sheets were produced at Cherepovest Iron and Steel Works. By 2020 the company will have modernized the flat rolled metal manufacture, valued at…Details
ChTPZ has supplied the first batch of 138 tons of seamless stainless pipes for Kudankulam Nuclear Power Plant construction in India. The pipes were produced at Pervouralsky Pipe Works. The pipes with the diameter of 16 mm and the wall thickness of 1.5 mm will be used in the construction of the steam generator. According…Details
Since 2012 Kumtor Gold Company (KGC) has received claims from various Kyrgyz regulatory authorities seeking compensation of $465 million, the company’s annual Environment and Sustainability Report 2017 says. Centerra and KGC believe that such claims are without merit and have vigorously defended such claims in the Kyrgyz Republic courts and in international arbitration. In September…Details
A plant for production of pipes in a protective shell with thermal insulation may soon be built in Uzbekistan. The plant’s founders will be Russia’s Ural Pipe Insulation Plant, the Ministry of Housing and Communal Services of Uzbekistan and the administration of the Tashkent region. The plant will be called Tashkent Pipe Insulation Plant and…Details
In January-June an overall production of unwrought gold and semi-processed gold or in powder form reached 44,965 kg, up by 8.4% YoY, Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period gross output of unwrought and semi-processed silver or in the powder form made 494,145 kg, down by 9.3%. (Kazinform/Ukrainian…Details
ArcelorMittal Temirtau JSC has suspended its export of hot rolled steel coils to the Islamic Republic of Iran due to sanctions the U.S. imposed on the country. “Supplies will be suspended due to the sanctions introduced. As soon as sanctions are lifted the supplies will be resumed,” official representative of the company Alexey Agureyev reported.…Details
In January-June VIZ-Stal produced 86 thousand tons of transformer steel, up by 12% YoY, with capacities fully loaded.
Sales grew by 10%, to 84 thousand tons.
Exports accounted for 78%, with 90% of them on long-term contracts. (Ukrainian metal)
In May, according to the customs statistics, Russia imported 70.3 thousand tons of galvanized flat steel, up by 5.1% YoY. In January-May imports dropped by 12.1%, to 269 thousand tons. Kazakhstan supplied 54% of the steel, down by 8% YoY. Average price was $779 per ton without VAT. South Korea supplied 15.6%, up by 22.9%,…Details
In May, according to the customs statistics, Russia imported 49.5 thousand tons of ferrous scarp from Kazakhstan, down by 24.3% YoY.
Average price was $257 per ton.
In January-May imports dropped by 25.5% YoY, to 155.6 thousand tons. (Ukrainian metal)
A number of Chinese companies plan to carry out projects to mine tungsten, molybdenum and copper on the Ingichka plateau.
According to the preliminary agreement, $50-55 million will be invested in the construction of infrastructure.
Investors also plan to construct at least two mines. (Ukrainian metal)
OMZ-Spetsstal has started shipping billets for the reactor body for the first power block of Ruppur Nuclear Power Plant in Bangladesh.
Under the contract concluded in September 2017 the company will supply billets to produce the reactor body.
So far the company has supplied billets of the flange, lower and supporting shells. (Ukrainian metal)
In June Severstal-Metiz produced the record-high volume of fiber – almost 1.5 thousand tons.
62% of the products were exported to Europe, and the rest was shipped to CIS countries and Russian customers.
At present the company produces 4 types of steel fiber and is the Russian leader in its output. (Ukrainian metal)
Kyshtym Electrolytic Copper Plant has started assembling new conveyer system in the copper electrolysis shop.
The machinery will transport empty matrixes, matrixes with cathode leftovers and anodes.
While assembling the new conveyers the manufacture has not been stopped.
Commissioning is scheduled for July.
Investments in the project total 380 million rubles. (Ukrainian metal)
By the end of 2019 Energomashspetsstal will have supplied 1500 tons of supporting rolls for the new hot-rolling mill-1700 of ArcelorMittal Lazaro Cardenas (Mexico) under the contract with Primetals Technologie (Austria). The cost of the contract signed in April is not disclosed. The company has started manufacturing 28 rolls with the combined weight of 1185…Details