Russia: Q1 2018 NLMK group results

In Q1 steel output at NLMK totaled 4.33 million tons, flat QoQ, but up by 3% YoY.

Capacity utilization rate grew by 3%, to 99%.

Group sales in Q1 totaled 4.15 million tons, up by 13% YoY, but down by 5% QoQ. (NLMK/Ukrainian metal)

Ukraine: AMKR to increase salaries of its employees from May 2018

PJSC ArcelorMittal Kriviy Rih, the largest mining and metallurgical company of Ukraine, will increase salaries of its employees from 5% to 20% from May 1. A new remuneration system, which was developed at the company, allows to review the employees’ salaries on a case-by-case basis – depending on the category of the personnel. The main…

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Russia: titanium-rare metal complex in Murmansk region to cost 14 billion rubles

The integrated chemical and metallurgical complex to produce titanium dioxide, rare and rare earth metals will be created on the basis of the Afrikandskoye deposits in Murmansk region. Investments might total 14 billion rubles. Some 2.5 thousand jobs might be created. When the project reaches full capacity, it could produce 75 thousand tons of titanium…

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Russia: Severstal-Balakovo sets steel ladle record

Severstal – Balakovo Bar Works has set another record of the average ladle steel smelting resistance.

The record of 171 smeltings (with average being 128) was set in Q1.

The new record has exceeded the previous of 121 smeltings, which was one of the best results for mini-mills. (Ukrainian metal)

Russia: Karelsky Okatysh completes pelletizing machine repair

Karelsky Okatysh has finished the scheduled repair of the pelletizing machine No. 2.

In particular, the size of the machine was increased.

The main repair was carried out in a week.

Repairs scheduled for 2018 will increase the machine capacity from 494 to 527 tons of pellets per hour. (Ukrainian metal)

Russia: UralKuz sales up in Q1 2018

In January-March UralKuz increased sales by 43% YoY.

According to the company statement, customers were shipped some 35 thousand tons of metal, up by 10.4 thousand tons YoY.

Railroad axles showed the largest increase in sales – by 63%.

Metal for the UralKuz manufacture is supplied by Chelyabinsk Iron and Steel Works. (Ukrainian metal)