Ukraine: gas consumption up in January-October 2018

In January-October Ukrainian metal companies increased gas consumption by 9% YoY, to 1.52 billion cubic meters.

In October gas consumption totaled some 140 million cubic meters, down by 7% MoM.

In 10 months electricity consumption grew by 8%, to 9.8 billion kW-h. (Ukrainian metal)

Russia: Gazprom signs deal to buy 41 billion rubles of large-diameter pipes

Gazprom Komplektatsiya, a subsidiary of Gazprom, has signed a 41.2-billion ruble direct contract to buy 500,000 tons of large-diameter pipes from an undisclosed supplier, according to a document published on the government’s website for disclosure of data on state procurements. The contractor is to deliver the pipes before April 30, 2021. Gazprom Komplektatsiya announced five…

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Russia: ZEMZ finishes large-scale reconstruction project

On November 19 ZEMZ put into operation a new site of Bosio thermal furnaces.

The site has 5 thermal furnaces with the maximum temperature of up to 10 thousand degrees C.

The furnaces will be used to heat rounds, squares and slabs.

The average monthly output of each furnace will be 900 tons. (Ukrainian metal)

Russia: MMK to co-finance projects with small and medium-sized businesses in Magnitogorsk

Magnitogorsk Iron and Steel Works’ (MMK) management decided to co-finance projects implemented by the residents of MMK Industrial Park to support and enhance business development in Magnitogorsk. Co-financing will be provided on a competitive basis to create new production or expand existing production. The share of co-financing will be up to 30% of the cost…

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