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In 2016 Azerbaijan imported 291.1 thousand tons of steel, up by $4%, valued at $176 million. According to the State Statistics Committee, ferrous metals bars imports dropped by 63.1%, to 97.73 thousand tons at $43.6 million, ferrous angles – by 39.2%, to 28.39 thousand tons at $20.4 million, and ferrous pipes – by 53.9%, to…
DetailsThe Zhitomir District Administrative Court has cancelled the order of the Korosten regional state administration chairman on the approving of the detailed plan of territory for the mining and processing works at the Stermigorod apatite-ilmenite deposits. In October 2013, the administration chairman granted Valki-Ilmenit the right to develop the detailed plan of the territory. In…
DetailsFitch Ratings has upgraded Ferrexpo Plc‘s Long-Term Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC,’ reads a report on the rating agency’s website. “The outlook is stable. Ferrexpo Finance Plc’s senior unsecured rating was upgraded to ‘B-‘ from ‘CCC’. The Recovery Rating on the senior unsecured rating is ‘RR4’. Ferrexpo’s Short-term IDR was upgraded to…
DetailsThe minister of energy and coal industry has told the chairman of the Independent Miners Union in Lisichansk Edward Vsevolodsky, that the ministry would without doubt clear all the Lisichanskugol miners salary debts. The minister vowed to clear debts in a couple of days. The state owes Lisichansk miners 70 million UAH. The debts originated…
DetailsThe so-called Council of ministers of the Lugansk People’s Republic has implemented outer administration at three companies of Rinat Akhmetov. The corresponding “document” has been published on the separatists’ portal. Temporal administration is implemented in Krasnodonugol, DTEK Rovenkiantrazit and DTEK Sverdlovantrazit. The separatists could expand the list of “nationalized” companies. (Ukrainian metal)
DetailsThe State Fiscal Service has unveiled the scheme of fake technology on metal waste processing at one of Kriviy Rih companies. According to the service, the officials of the metal works supplied controlled companies with 70 thousand tons of iron-containing mud valued at 3 million UAH. Then, having forged processing documents, the raw materials were…
DetailsIn January Russian railroads transported 31.4 million tons of coal, up by 9.9% YoY. This is the highest result in all the Russian history. Coal export deliveries increased by 20% YoY. Japan (up by 20%), China (up by 25%), Ukraine (up by 20%), UK (up by 10%) and Germany (3.5-fold) showed the largest increase in…
DetailsAt present there are no technologies in the world that can make metal industry green, Norilsk Nickel vice-president Elena Bezdenezhnykh believes. “We are constantly improving the ecological conditions. By 2023 the company will have invested 250 billion rubles into environmental projects. But, unfortunately, there is no technology that can make metallurgy green. At best it…
DetailsAll Ukrainian companies, registered on the territory of the so-called Donetsk People’s Republic, Russia-supported terrorist organization, have to register in the legal field of DPR by March 1. “If they don’t register, on Wednesday they will be under out jurisdiction. Because of the railroad blockade a number of enterprises were shut down, including the Yenakievo…
DetailsThe minister on North Caucasus Lev Kuznetsov together with the chairman of the Kabardino-Balkaria government Aliy Musukov visited the Gydrometallurg works in Nalchik. The company CEO Igor Morozov demonstrated technological processes and new machinery to the guests. “In addition to the construction of the new production complex at Gydrometallurg, the government of the republic settles…
DetailsIn January Russia increased raw copper output by 5.6% YoY. According to the Federal Service of State Statistics, copper alloys manufacture went up by 50.4%, that of powders and flakes dropped by 3.9%, of rods and shapes – by 58.9%. Copper wire output increased by 6%, that of foil – 2.1-fold. (Ukrainian metal)
DetailsThe Rostov region governor Vasily Golubev and the Don-Metall CEO Natig Asadov have signed an agreement on cooperation in construction of the metal works in the city of Kamensk-Shakhtinsky with the capacity of 160 thousand tons of hot-rolled rebars per year. Investments will total 3.3 billion rubles. Last year the company constructed the transformer substation…
DetailsSeverstal has reported the beginning of the full-scale operation of its online store, presented in November 2016. Now all clients of the company (except for individuals) can buy the standard Severstal products (over 5 thousand types) online. The new store has been created on the basis of SAP Hybris. It is expected that in 2018,…
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