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From next week Severstal and NLMK will increase the purchasing price of rolled sheet following the growth of the export alternatives. In particular, the price of NLMK cold-rolled sheet with the thickness of 1 mm of 08ps steel will be 52 thousand rubles per ton CPT Moscow, up from 50.5 thousand rubles this week. Severstal…
DetailsThe state enterprise Yuzhnodonbasskaya Mine No. 3 named after Surgay has put into operation a new long face. “The reserves total 518 thousand tons, enough for half a year work. Daily output is expected at 1.2 thousand tons”, the Donetsk regional military-civilian administration chairman Alexander Kuts posted on his Facebook page. In January-June the enterprise…
DetailsSeverstal has supplied some 700 tons of liquefied natural gas tank structure components made of cold-resistant low-carbon steel with 9% nickel contents for the construction of the manufacturing complex in Leningrad region. In 2017 Severstal was the first in Russia to start producing this steel at Cherepovets Iron and Steel Works at mills-2800 and 5000.…
DetailsThe rail and beam shop of the Chelyabinsk Iron and Steel Works has set a new record on daily rail production. The mill produced 3.3 thousand tons of rails during the day with the average daily output of 2.9 thousand tons. This is not the first record of the shop. In November 2017 daily rail…
DetailsAccording to the Ministry of the Nation Economy Statistics Committee, in July Kazakhstan produced 0.3767 million tons of steel, down by 14.1% YoY. In January-July steel output grew by 0.2% YoY, to 2.687 million tons. Flat rolled metal manufacture increased by 7.2% YoY, to 1.738 million tons, with 0.277 million tons produced in July, up…
DetailsAt Magnitogorsk Iron and Steel Works (MMK), the total economic impact of the introduction of innovative proposals amounted to 269 million rubles in the first half of 2018. In the first six months of the year 2,533 ideas were examined by expert committees. 1,857 ideas, or 73.3% of the submitted ideas (63.8% in H1 2017),…
DetailsThe first stage of the modernization of the sandwich-panel production line was completed at the MMK Trading House production site in Shelkovo (the Moscow region). In early August together with representatives of the Italian company “Magma”, specialists of the company commissioned a new glue system. This equipment improves the quality of the gluing process, allowing…
DetailsThe prices of precious metals decreased on August 14, according to the data published by the Central Bank. The price of gold decreased by 22.763 manats, to 2,031.9165 manats per ounce on August 14, compared to the price on August 13. The price of silver dropped by 0.3547 manats, to 25.5873 manats per ounce. The…
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