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The Ministry of Finances of Taiwan has imposed preliminary antidumping duties on the import of hot-rolled metal originating from Ukraine, Brazil, China, India, Indonesia and South Korea until August 22, 2021. The duties in the volume of 4-80.5% depending on the manufacturer have been imposed for 5 years from the date of the decision to…
DetailsIn 2016 KAZ Minerals increased its income by 43% YoY, to $969 million. According to the company statement, it produced 140.3 thousand tons of copper cathodes, up by 73% YoY. Sales increased from 84 thousand tons of copper in 2015 to 141 thousand tons, which allowed covering the decrease in price: $4860 per ton, down…
DetailsIn 2016 Beloretsk Iron and Steel Works, a part of Mechel, received the highest supplier reliability category from Irkutskcable, one of the largest cable manufacturers in Russia. BMK supplies steel galvanized wire in various sizes to the company. Having assessed such criteria as product quality, quality management certification system, period of cooperation, supplier loyalty and…
DetailsVIZ-Stal, a part of NLMK, has finished the first stage of the highly efficient dust extraction system implementation on the heat-resistant coating machines. The financing of the project totals 1.4 billion rubles. VIZ-Stal is capable of producing 180 thousand tons of transformer steel. 80% of products is exported. VIZ-Stal share in the world transformer steel…
DetailsIn January metal companies from CIS-countries produced 8.935 million tons of steel, up by 11.4% YoY. Ukraine increased steel output by 8.5%, to 2.103 million tons, and occupies the 10th position in the world steel manufacturers list. Russia is on the 5th position with 6.183 million tons of steel, up by 11.6%. All the other…
DetailsIn 2016 Russia exported 511.1 thousand tons of raw copper, down by 9.2% YoY. According to the Federal Customs Service, Copper deliveries to the far foreign countries decreased by 10.1% YoY, to 501.1 thousand tons, to CIS – went up by 69.5%, to 10 thousand tons. In monetary terms exports decreased by 22% YoY, to…
DetailsIn February the coke manufacture of CherMK will be 61 years old. For the past 10 years the manufacture changed greatly: coke batteries No. 3 and 7 (and the works has 8 in total) have been modernized, 2 shops have been reconstructed. This year will see the reconstruction of the oldest coking battery – No.…
DetailsRussia’s Federal Mineral Resources Agency has granted a license to develop the Sukhoi Log gold deposit to SL Zoloto, a joint venture between miner Polyus and state conglomerate Rostec, Polyus said in a statement. Polyus plans to perform additional geological survey and design a feasibility study with the help of international consultants in the next…
DetailsUzbekugol held on February 20 a press conference titled ‘Levels of perspective specialty development’ to inform media on the work done under the Cabinet resolution ‘On additional measures for improvement of coal production supply to the population and budget organizations of the Republic’. Uzbekugol, a part of Uzbekenergo, has been mining and selling coal for…
DetailsUkraine has started an antidumping investigation on the imports of rebars and wire rods from Russia. The corresponding decision was taken by the foreign trade commission of Ukraine on February 13. Russian exporters could register in the investigation as participants by March 20, and by April 18, send comments to the Ministry of economic development…
DetailsIn January Ukraine retained the last position in the top-10 world steel producers. According to World Steel Association, in January Ukraine produced 2.103 million tons of steel, up by 8.5% YoY. The first position is traditionally occupied by China (67.2 million tons, up by 7.4%), followed by Japan and India (9.002 and 8.4 million tons,…
DetailsArcelorMittal Kriviy Rih has started the next stage of its project of continuous cast shop No. 2 construction. The company invests $72.4 million into construction. The capacity of the new CCM will total 1.3 million tons per year. The construction of the shop is a part of the steel-smelting complex modernization, which presupposes the complete…
DetailsIn January Russia produced 3 thousand tons of structures and parts of aluminum. According to the Federal Service of State Statistics, this is up by 14.9% YoY, but down by 32.2% MoM.
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