Azovstal Iron and Steel Works has started producing KP100 type crane rails. The products will meet the requirements of standards DSTU 2484 and GOST 4121 and will be used for the construction of overhead crane rail tracks. The largest consumers of KP1-00 crane rails include seaports, industrial enterprises and construction companies. As compared to other…
DetailsKazakhstan and Ukraine plan to create uranium-mining joint ventures on the territories of both countries, according to the energy and coal industry minister Igor Nasalik. “We’re preparing the documents. On September 19, Kazakhstan representatives will arrive to sign the memorandum on the creation of JVs in Ukraine and Kazakhstan”, he said. (Ukrainian metal)
DetailsOn November 11, shareholders of Chelyabinsk Iron and Steel Works will discuss the early termination of the board office and elect a new one. The acting board was elected on June 21. It includes board chairman Igor Zyuzin, managing director Rashid Nugumanov, HR director Natalia Trubkina, Mechel-Steel director Valery Usachev, Mechel-Steel general director economics and…
DetailsIf Ukrzaliznytsia sells 300 thousand tons of accumulated scrap, it will get some 1.1 billion UAH. According to Ukrmetallurgprom letter to Ukrzaliznytsia, in mid-2015 Ukrainian Railways stopped selling such scrap due to unknown reasons. “As of September 2015 Ukrzaliznytsia should have stocked 83 thousand tons of scrap. We believe that in 2012-2015 it was also…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 413 413 413 430 July 413 413 430 430 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsMikhailovsky Mining and Processing Works has started supplying iron ore pellets to the Hungarian works of Dunaferr, owned by the Industrial Union of Donbass (Ukraine). So far 67 thousand tons of pellets have been supplied. In Q4 MGOK plans to supply 160.2 thousand tons of pellets.
DetailsUkrmetallurgprom and Vtormet have initiated changes to legislation to lead the scrap market out of the shade. “We have just signed the letter to the prime-minister Vladimir Groysman on legislation initiatives. They will make the scrap market more clear”, the Ukrmetallurgprom president Alexander Kalenkov said. In particular, the changes propose the cancellation of VAT in…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* Export, Ukraine, $/t, FOB Black sea ports min max min max min max June 423 564 353 442 370 380 July 389 522 336 395 365 380 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16…
DetailsIn January-August Kemerovo region companies mined 148.2 million tons of coal, up by 9% YoY, with 20.6 million tons mined in August, up by 2.6 million tons YoY. Output increase has been observed at SUEK-Kuzbass (by 8.8 million tons) and Kuzbassrazrezugol (by 0.5 million tons). On the other hand, Zarechnaya, Yuzhny Kuzbass and Raspadskaya Coal…
DetailsEnergomashspetsstal will produce supporting rolls for ArcelorMittal Spanish and French works. According to the company statement, rolls will be supplied to AM Aviles and AM Mardyck. The total weight of rolls will reach 118 tons. They are intended for hot- and cold-rolling strip mills. (Ukrainian metal)
DetailsIn mid-November Mariupol Ilyich Iron and Steel Works plans to complete the capital repairs at converter No. 2. The machinery was assembled in late August, the workers are now actively disassembling metal structures. According to the company CEO Yuri Zinchenko the works is also reconstructing dust and gas collectors. (Ukrainian metal)
DetailsThe hot-rolled metal market is stable now after the local demand increase in spring. According to NLMK, a slight seasonal price decrease is expected at the end of the year. As to the cold-rolled metal, its consumption in January-July dropped by 2.5% YoY, though at present a seasonal increase in demand is observed. Demand for…
DetailsIn October Ukraine will keep steel and rolled metal production on September levels – 2 and 1,7 million tons respectively. According to Ukrmetallurgprom, pig iron output will also be on the September level – 2 million tons. In January-August Ukraine produced 16.37 million tons of steel, 15.96 million tons of pig iron and 14.38 million…
DetailsDuring her visit to Kandalaksha the Murmansk region governor Marina Kovtun got acquainted with the project of Kandalaksha Aluminum Works casting division modernization. A new wire rod rolling mill has been assembled at the works and is now being prepared to be put into operation. According to KAZ general director Andrei Terentiev, the project will…
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