The decree on the prolongation of the ferrous scrap export duty on 30 euro per ton for 2 years cannot be vetoed by the president of Ukraine, the member of the parliament, the chairman of the parliament committee on industrial policy and entrepreneurship Victor Galasyuk believes. “The term to sign or veto the decree given…Details
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According to the railroad statistics, in June direct deliveries of ferrous metals to major ship-building and repair companies totaled 7.8 thousand tons, down by 35.5% MoM and by 56% YoY. In May the results were down by 15.5% MoM, but up by 2.2% YoY. In January-June Russian ship-building and repair companies received 66.6 thousand tons…Details
Asha Iron and Steel Works is assembling a new electric muffle furnace at its sheet-rolling shop No. 3. When the furnace is put into operation, the cycle of thermo-chemical processing of heat- and corrosion-resistant steel and alloys will be complete. The smelting chamber of the furnace has the width 750 mm, thrice that of the…Details
The Russian Copper Company intends to continue developing its metal manufacturing capacities. In particular, the group wants to increase output at Kyshtym Electrolysis Copper Plant. The group has found a way to increase copper cathodes and copper rolled wire output at KMEZ to 0.14 million tons per year each. The investment program will be carried…Details
ChTPZ Group and Siemens have concluded an agreement on strategic partnership for 5 years. The document has been signed by ChTPZ pipe division CEO Alexander Grubman and Siemens president Dietrich Moeller. The agreement presupposes joint realization of projects of industrial automatization and implementation of complex energy efficient solutions at ChTPZ. One of the main issues…Details
Evraz NTMK has signed an agreement on cooperation with Nippon Steel (Japan) and Mashprom. The document presupposes development of by-product coke manufacture at the Nizhniy Tagil works. The agreement has been signed by Evraz NTMK and Evraz KGOK managing director Alexei Kushnarev, Mashprom managing director Alexander Kotelnikov and Nippon Steel European representative office in Dusseldorf…Details
According to Canadian Border Service, the country has imposed antidumping duties of 135.3% on the import of silicon steel from Kazakhstan. The same duty has been applied to the steel from Brazil, Malaysia, Norway and Thailand. Moreover, exporters from these countries received duties for subsidizing in the volume of 23.5%. (Ukrainian metal)Details
In late June Donetskstal stopped all labor relations with the employees of its “Metallurgical complex” subsidiary in Donetsk because of its shut down. Earlier the decision to fire personnel has been taken by Donetsk Iron and Steel Works, also a part of Donetskstal. These decisions have been motivated by the “actions of unidentified persons”, resulting…Details
Dneprovsky Iron and Steel Combine has started restoring operation after a 3-months idleness. According to the company statement, the works has already restored the supplies of all kinds of energy resources, including electric energy and gas. Soon the first trains with raw materials will start arriving. The blast furnace No. 1 will be put into…Details
The president of Ukraine Petr Poroshenko has vetoed the bill No. 6382 “On changes to the Decree of Ukraine “On changes to some decrees of Ukraine as to the decrease of the ferrous metals scrap deficiency on the local market”. The bill has been returned with the president’s marks. Earlier the Verkhovnaya Rada decided to…Details
Alexander Podkorytov, ex-CEO of Yenakievo Iron and Steel Works, a part of Metinvest, has been appointed the CEO of Dneprovsky Iron and Steel Combine, a part of the Industrial Union of Donbass. On July 7 the new CEO was presented to the employees by one of ISD owners Sergey Taruta and the corporation executive director…Details
In January-June Amur region obtained 11126 kg of gold, up by 22.6% YoY, including 9269 kg of ore gold and 1857 kg of alluvial gold. In H1 2016 the region yielded 9004 kg of gold, namely 7322 kg of ore and 1682 kg of alluvial gold. The main increase in output is on behalf of…Details
Karelsky Okatysh has started reconstruction of its dry magnetic separation complex – new machinery with higher capacity will be installed there. The new complex will be situated at the Zapadny quarry of the Korpangskoye deposits. Its project capacity will be 6 million tons of ore per year, up almost 2-fold from the existing machinery. The…Details