The Chelyabinsk Pipe Works seamless stainless pipes capacities exceed 25 thousand tons per year, with a wide product range. According to the ChTPZ market analysis and trade expansion department chief specialist Maria Semykina, in 5 years the group share in seamless stainless pipes output increased considerably: from 18% in 2012 to 35% in 2016. This…
DetailsThe ex-people’s deputy Nikolai Martynenko is suspected of embezzling money of the state enterprise Vostochniy Mining and Processing Works. “The investigation showed that in 2013-2016 the employees of VostGok, Steuermann Investitions und Handelsgesellschaft mbH, as well as some individuals with control over the companies, including Martynenko, embezzled the funds of VostGOK in the amount of…
DetailsSeverstal reported that in January-March its average prices for iron ore pellets increased to $86 per ton from $36 per ton a year ago, with export destinations being Europe and the Near East. In Q4 2016 Karelsky Okatysh sold pellets at $49 per ton on average, as the prices increased because of the Brazilian Samarco…
DetailsAccording to the National Statistics Department of Georgia, in January-March the total trade with Turkey amounted to $330.7 million, including $54.79 million of exports, up by 9.6% YoY, and $275.96 million of imports, down by 5.5%. Pig iron and alloyed steel semi-finished exports reached 17443 tons valued at $6.32 million, up by 186.2% and by…
DetailsIn January-March Russia increased raw copper output by 3.3% YoY, while the production of copper alloys dropped by 22.7%. According to the Federal Service of State Statistics, copper flakes and powders output decreased by 5.4%, of rods and shapes – by 28.4%, at the same time wire production went up by 15%, and foil –…
DetailsIn 2017 Novokuznetsk Aluminum Works, a part of RUSAL, will increase its investments by 27.3%, to 280 million rubles. According to the company managing director Victor Zhirnakov, aluminum output will remain on the 2016 level – 213 thousand tons. 180 million rubles will be invested in various environment protection measures, and 100 million rubles –…
DetailsIn January-March the Pipe Metal Company sold 850 thousand tons of pipes to customers, up by 0.6% YoY. According to the company statement, seamless pipes sales increased by 16.7%, to 658 thousand tons thanks to the stable demand form oil-and-gas companies. Welded pipes sales dropped by 31.8%, to 192 thousand tons, mostly because of the…
DetailsAt Ural Steel, part of Metalloinvest, the roller treatment furnace No. 1 and heat treatment machine No. 1 complex is undergoing construction. Currently, design and surveying work is ongoing. 1.5 billion rubles have been invested in the project, which is planned to be completed in 2018. The project entails the installation of new high-performance equipment…
DetailsIn 2017 Olenegorsky Mining and Processing Works, a part of Severstal, will buy four 136-ton Catterpillar-785 dump trucks, the first will be delivered in August. “The company also plans to buy two drilling rigs and a forklift loader”, the company acting CEO Alexei Scherbakov said. OGOK investments in 2017 will total 1.4 billion rubles. Earlier…
DetailsAluminum producer RUSAL plans to keep its output on the level of 2016, or 3.685 million tons, in 2017, CEO Vladislav Solovyov said on the sidelines of a forum on April 21. “No less than last year. I think, at last year’s level,” Solovyov said. The Kemerovo region said that RUSAL would raise its investment…
DetailsThe National Bank of Ukraine forecasts that most of metal and coke plants will have improved their output to the level of 2016 by the end of 2017. “The enterprises on the Ukraine-controlled territory, which received raw materials from uncontrolled territory, would gradually reorient themselves to other supply sources, either by increasing output on controlled…
DetailsAccording to Module-Ukraine purchasing manager Ilya Begichev, Ukrainian coated metal market in the galvanized rolled metal segment is as follows: 0.7-1.2 mm – 35%, 0.42-0.65 mm – 36%, 0.33-0.4 mm – 30%. Polymer-coated metal market: 0.33-0.4 mm – 29%, 0.42-0.5 mm- 52% and 0.6-0.8 mm – 16%. Module-Ukraine goes on developing and increasing output and…
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