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Ural Mining and Metallurgical Company is mulling the issues of the possible increase of Chelyabinsk Zinc Works capacity following the fire at Electrozinc in the city of Vladikavkaz. “We are studying the issue of organizing temporarily ways to deliver raw materials and ship manufactured goods, including with the participation of ChelZinc. But so far we…
DetailsIn January-September Mednogorsk Copper-Sulfur Works produced 35366 tons of raw copper, up by 9.6% from the target. Next year the copper-smelting shop will undergo a reconstruction. In particular it is planned to repair and modernize the Pobeda smelting machine and construct the second stage of the oxygen plant. In order to reconstruct the sulfur acid…
DetailsThe Pipe Metallurgical Company has shipped a batch of corrosion-resistant casing pipes of 13Cr steel with TMK UP PF joints to Gazprom to be used at the Kirinskoye deposits. The pipes have been successfully lowered to the shafts. The first deliveries of TMK pipes to the deposits were carried out in 2015. (Ukrainian metal)
DetailsRussian steelmaker Novolipetsk Steel (NLMK) plans to raise capital expenditures in 2019 from $650-700 million expected in 2018, CEO Grigory Fedorishin said. He said that the company planned to raise capital expenditures in the next two to three years to support capacities, in particular, to rebuild two blast furnaces and two converters. “This way, capital…
DetailsPrices of precious metals decreased in Azerbaijan on October 26, according to the data published by the Central Bank. The price of gold dropped by 8.0325 manats, to 2,094.2045 manats per ounce on October 26 compared to the price on October 25. The price of silver fell by 0.1834 manats, to 24.876 manats per ounce.…
DetailsIn January-August Russia imported 29 thousand tons of corrosion-resistant seamless steel pipes valued at $118 million, up 2.4-fold and 1.5-fold YoY respectively. According to the customs statistics, this is the record-high result in 8 months in the past few years. Kazakhstan was the main supplier with the share of 54%. It was followed by China…
DetailsIn August Russia exported 8.9 thousand tons of corrosion-resistant steel scrap and waste valued at $10 million, down by 24.3% YoY and by 2.8% respectively. According to the customs statistics, in January-August exports totaled 73.9 thousand tons valued at $82 million, up by 28.3% and by 47.8% YoY respectively. Scrap with the nickel contents of…
DetailsBelarus Iron and Steel Works has mastered the manufacture of new rebars according to ASTM A706/A706M-16 for the needs of customers from Panama. This year the company has already sold over 10 thousand tons of such rebars there. The mastering of the new rebars type at BMZ started in early 2018. In spring the first…
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