The NLMK Group bars division has opened up its first retail warehouse in Yekaterinburg. The new site will allow the company to supply small batches of rolled metal and metal wares to its clients. The first sales have already taken place. The warehouse boasts two cranes with the lifting capacity of 10 tons, a large…
DetailsIn January-June the Metallokonstruktsia works exported 338 million rubles worth of metal structures, up by 35% YoY. According to the Ulyanovsk regional administration, the company is one of the major local exporters. At present the company is finishing construction of the new galvanizing shop. (Ukrainian metal)
DetailsBuribay Mining and Processing Works, a part of UMMC, expects to receive 222.8 million rubles of net profits in 2017, down by 4.4% YoY. Revenue is expected to increase by 10.5%, to 1.45 billion rubles. This year the company plans to decrease concentrate manufacture prime cost and improve its quality (copper contents to 20%, while…
DetailsElectrozinc has started testing the new ball mill at the hydrometallurgical shop. The company aims at decreasing environment impact, increasing the zinc solution quality and as the result decreasing expenses to 43 million rubles per year. The results of the new mill operation are positive – the grinding reaches the necessary 0.1 mm, and the…
DetailsIn January-June Ferrexpo, owner of Poltava and Yeristovo Mining and Processing Works, decreased iron ore pellets output by 9.8% YoY, to 5.16 million tons. According to the group, the 65% Fe content pellets output decreased by 8.5%, to 4.902 million tons, that of 62% Fe content – by 29.1%, to 257.9 thousand tons. The manufacture…
DetailsIn 2016 Metinvest paid over 465 million UAH of environment tax. According to Mariupol Ilyich Iron and Steel Works CEO Yuri Zinchenko, the works’ share was 72.5 million UAH. At the same time he doubts the efficiency of dividing the environment tax and using it, as 25% of the tax goes to the local budget,…
DetailsSeverstal Distribution has won a tender to supply 900 tons of rebars to the sites 7-8 of the M-11 Moscow – Saint Petersburg federal highway. The metal has been delivered to the partners of the general contractor of the construction Ichtash Astaldo: Stroyuniversal-Invest LLC and Trest Hydromontazh. The rolled metal, supplied by the Severstal Distribution…
DetailsThe government of Ukraine will ask the president to sign the decree on the extension of the scrap export duties of 30 euro per ton, the Prime Minister Vladimir Groysman said in London. “Under the military aggression Ukraine needs metal to provide for its own defense”, he said. In September 2016 the president Petr Poroshenko…
DetailsIn January-June Ukraine increased ferrous metals exports revenue by 21.9% YoY, to $4.081 billion. According to the State Fiscal Service, ferrous metals exports amounted to 19.77% of all export revenue as opposed to 20.13% in H1 2016. In June Ukraine exported $703.436 million worth of ferrous metals. Imports in 6 months increased by 37.7%, to…
DetailsAccording to the results of the “Best Kazakhstani Product-2017” competition ArcelorMIttal Temirtau was among the winners of the “Best industrial product”. The company cold-rolled metal was named one of the best products. The local contents in the cold-rolled metal exceed 90%, while exports reach 90%. AMT intends to start producing channels and improve its position…
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