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In January-April the Belarus Iron and Steel Works exported 578,900 tons of metal products worth $283.4 million. In monetary terms the export growth rate totaled 142.7% YoY, the company’s Press Secretary Alexander Olesik declared. The company reported the largest increase in the export of seamless hot-rolled pipes (190.8%) and fasteners (140.2%). Thanks to the active…
DetailsIn 2017-2026 the Kazakhmys Corporation intends to mine over 300 million tons of ore and produce 2.6 million tons of copper cathodes. “We mine over 29 million tons of ore per year and produce 1 million tons of concentrate, 226 thousand tons of cathodes, 3616 kg of gold and 251 tons of silver. And these…
DetailsIn January-April Mariupol Ilyich Iron and Steel Works produced 3.017 million tons of sinter, up by 17.8% YoY. In April sinter output totaled 850 thousand tons, up from 827 thousand tons in March. According to the company CEO Yuri Zinchenko, daily the sintering factory produces 33 thousand tons. “On May 10 the repairs of the…
Details4 individuals have acquired 99.5% of Kondratyevsky Refractory Works shares. In particular, Sergey Petrov, Hennady Lobanov and Dmitry Stepanov as well as another individual have purchased 24.898%, 24.93%, 24.78% and 24.9% of shares respectively. Petrov is the supervisor board chairman, and both Lobanov and Stepanov its members. In 2016 the works received 10 thousand UAH…
DetailsIn addition to increasing debts, Kremniypolymer and Zaporozhye Titanium and Magnesium Works keep on stocking hazardous materials and cooperating with Russia. “As of today their total debt to the regional power generating company exceeds 500 million UAH. They also increase stocks of hazardous materials. In particular, Kremniypolymer increased ammonia and chlorine stocks by 60 tons”,…
DetailsThis year Dneprovsky Iron and Steel Combine, a part of ISD, intends to produce 2.935 million tons of pig iron and 3.099 million tons of steel, up by 51.3% and by 57.6% YoY respectively. Sinter output is expected to increase by 37%, to 4.528 million tons. In 2016 DMK produced 1.94 million tons of pig…
DetailsIn April Pervouralsk Pipe Works shipped 77.1 thousand tons of steel pipes via railroad, up by 6.8% MoM and by 8.8% YoY. In March sales increased by 6.5% MoM and by 22.4% YoY. In April the company supplied 65.5 thousand tons of pipes to the local market (up by 7.6% MoM and by 0.3% YoY)…
DetailsRussia has enough coking coal for 25 years, the minister of energy Alexander Novak declared. “Industrial stocks of operating enterprises as of January 1 totaled 1.183 billion tons. Last year we mined 43.694 million tons. Thus we have enough coking coal for 25 years”, he said. (Ukrainian metal)
DetailsUnited Metallurgical Company has chosen Danieli (Italy) as the main supplier and assembler of the pipe quality control, thermal treatment and processing line. The machinery, supplied within the program of modernization, will be installed at Vyksa Iron and Steel Works in the pipe electric arc shop No. 1. The line is expected to be put…
DetailsMetallinvest-Ufa supplies rolled metal for one of the largest housing construction project of the city for the past years. The Planet district will have blocks-of-flats, a kindergarten for 270 children, a school for 1200 students and a stadium. The company has also participated in the construction of the Kronospan works, having supplied 2 thousand tons…
DetailsIn January-March Mechel increased steel output by 8% YoY, to 1.121 million tons. According to the company statement, pig iron output went up by 4%, to 1.046 million tons, flat rolled metal manufacture increased by 20%, to 153 thousand tons, bars – dropped by 4%, to 705 thousand tons. The production of beams, rails and…
DetailsUral Steel, a part of Metalloinvest, has in advance finished the scheduled capital repair of the furnace shop casting machine No. 3. The shop operates 5 casting machines. Each of them undergoes an overhaul every three years according to the schedule. Repairmen have 30 days to conduct all the work. (Ukrainian metal)
DetailsMetalloinvest net profits increased 2.2-fold YoY in January-March, to $391 million. The company earnings went up by 85.1%, to $1.52 billion rubles, mostly thanks to the considerable increase of iron ore and steel products average prices, as well as the increase of high added value products sales. EBITDA jumped 2.9-fold, to $527 million. The mining…
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