The Kirov Non-ferrous Metals Processing Works has put into operation the new line of coil milling by MINO (Italy). The investments into the project totaled 50 million rubles. This is an important stage of the large-width rolled metal production program. The line allows milling surfaces with the width of up to 1050 mm. This will…Details
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The total throughput of the Novorosiisk Sea Trade Port in January increased by 6.4% YoY, to 12.67 million tons. In particular, iron ore raw materials throughput dropped by 15.9% YoY, to 177 thousand tons, that of coal – increased by 45%, to 178 thousand tons. Ferrous metals throughput went up by 6.2%, to 963 thousand…Details
Severstal has started transferring quality certificates into digital format with digital signature. No other major metal company in Russia has done this so far. The specialists of the sales and technical control finalize the testing of the pilot project at Cherepovetsk Iron and Steel Works. “Paper certificates take up a considerable document workflow of the…Details
In January Ukraine increased power-generating and coking coal mining by 13.7% YoY, to 3.659 million tons. State mines yielded 466.5 thousand tons, down by 90.7% YoY, with the share in the total volume at 12.7%. Anthracite output on occupied territories increased by 49% YoY, to 913.1 thousand tons. In particular, DTEK Rovenkiantrazit mined 348.6 thousand…Details
Donetskstal group metal companies on the occupied territory of Ukraine work at lowest capacities because of the railroad blockade. Donetsk Iron and Steel Works has been registered on Ukraine-controlled territory. It still operates 1 blast furnace. On February 20, it produced 1.5 thousand tons of pig iron. The company has enough iron ore raw materials…Details
Metinvest could lose $30 million a month because of the economical blockade of Donbass, according to Dragon Capital. The company notes that Metinvest had to stop operation at two of its enterprises, which were its main asset. On February 21, Yenakievo Iron and Steel Works and Krasnodonugol, situated on the occupied territory, stopped operation because…Details
Only 18% of Ukrainian state mines work without losses. The cost of coal, which is a part of the electricity production tariff, is 1730 UAH per ton. “At present the gas-generating coal is sold at 1730 UAH per ton, but on the Ukraine-controlled territory there are now only 4 mines that fall under this price”,…Details
A new subsidiary of Evraz Metal Inprom has been opened in Yuzhno-Sakhalinsk. Its goal is to increase sales on the island and the company share in the region by 10%. Evraz ZSMK has already shipped the first rolled metal to Yuzhno-Sakhalinsk. The first steps to expand the company presence in the Far East were taken…Details
In 2017 Electrozinc, a part of UMMC, will continue shipping dump clinker for processing at the industrial enterprises of Ural. According to the agreements, the volume of product, received in the process of zinc manufacture, will increase from 21.9 thousand tons in 2016 to 32 thousand tons. Since the year-start over 1 thousand tons of…Details
In 2016 Amurmetal produced 185.52 thousand tons of steel, down by 65.5% YoY. In H2 2016 the company decided to concentrate its activities on the local market, thus stopping all exports in Q4 2016. In 2016 Amurmetal exported 103.83 thousand tons of metal, or 50% of the total sales. The main consumers were Vietnam, Thailand,…Details
In 2016 Ukraine imported 933,408 tons of anthracite valued at $68.663 million, which is equal to average price of $73.60 per ton. According to the State Statistics Service, 566,721 tons of anthracite for $45.769 million ($80.80 per ton) were imported from Russia and 366,659 tons for $22.88 million ($62.40 per ton) from South Africa. In…Details
In 2016 ArcelorMittal Berislav decreased its net losses 3-fold YoY, to 13.66 million UAH. The company assets last year increased by 28.1%, to 34.321 million UAH. Its current liabilities went up by 12.8%, to 184.3 million UAH, and the company has no fixed liabilities. The total debt increased from 16 thousand UAH in 2015 to…Details
In January the Moscow subsidiary of the First Cargo Company increased throughput by 35% YoY, to 173 thousand tons. The main cargo was ferrous metals, scrap, chemical and mineral fertilizers. The increase was due to the high demand for ferrous metals and scrap on behalf of the machine-building enterprises of the Central and Southern districts…Details