In Q3 Amurmetal received 748.3 million rubles of net losses, up by 2% QoQ. The company revenue totaled 989 million rubles, down by 25% QoQ. Liquid steel smelting dropped by 60% YoY, to 167.84 thousand tons. In January-September Amurmetal received 2.56 billion rubles of net losses, up by 27% YoY. The company produced 71 thousand…Details
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Aktyubinsk Rail and Beam Works has certified its products according to the Russian state standard GOST R 51685-2013. The certificate expands ARBZ possibilities of supplying rails to the countries, where this standard is used, primarily to Russia. “Most ex-Soviet countries prefer rails certified to GOST R 51685-2013. We have already signed a contract to supply…Details
In January-October ArcelorMittal Kriviy Rih produced 4.671 million tons of rolled metal, up by 8.8% YoY. According to the company statement, steel output went up by 7.1% YoY, to 5.238 million tons, while that of pig iron – by 14.1% YoY, to 5.04 million tons. Sinter production increased by 10.4%, to 8.68 million tons, of…Details
In November StalTrans plans to increase metal sales by 9% MoM, to 3.6 thousand tons. According to the company statement, wire sales increase is expected to hit 9%, to 2.8 thousand tons, with nails sales up by 8%, to 0.7 thousand tons. In October StalTrans sold 3.3 thousand tons of metal wares, up by 11%…Details
Energomashspetsstal has signed an agreement with Presezzi Extrusion s.p.a. for the delivery of parts for pressure equipment. EMSS will produce columns and crossheads with the total weight of 63.5 tons. According to the contract, all the parts have to be supplied in Q1 2017. The companies have been cooperating for over 12 years. (Ukrainian metal)Details
In January-October Yakutia mined 21 tons of gold, down by 8.7% YoY. The output drop is explained by the late start of the 2016-industrial season. Some companies could not even start operating. In 2015 Yakutia mined 25.08 tons of gold, up by 5.2% YoY. This year Yakutia is expected to produce 22 tons of gold.…Details
In January-October Russia decreased palladium ingots and its alloys output by 0.1% YoY. Platinum and its ingots production dropped by 0.4% YoY. In October platinum output dropped by 33.6% YoY and by 28.5% MoM. Palladium output decreased by 30.2% YoY and by 6.2% MoM. (Ukrainian metal)Details
In January-October Kazakhstan produced 3521.85 thousand tons of steel, up by 11.7% YoY. According to the Ministry of economy, flat rolled metal output totaled 2476.75 thousand tons, up by 17.5% YoY, ferroalloys production reached 1595 thousand tons, up by 5.8%. Kazakhstan also mined 80.82 million tons of coal, down by 5.6% YoY. (Ukrainian metal)Details
In January-October Ukrainian refractory companies produced 182 thousand tons of products, up by 5% YoY. Metal wares output totaled 166 thousand tons, up by 15% YoY. Iron ore production dropped by 6%, to 62.83 million tons, concentrate – by 5%, to 52.41 million tons, At the same time iron ore raw materials output went up…Details
In Q3 MMK-Metiz received 160.1 million rubles of net profits, down by 34% QoQ. The drop is explained by the sales decrease: in Q3 the company sold 4.11 billion rubles worth of products, down by 13% QoQ. In January-September MMK-Metiz received 279.48 million rubles of net profits, up 12 times YoY, with sales down by…Details
Metinvest intends to invest around 25 million UAH into the Donetsk Medical University named after Gorky that has moved to Mariupol. “We have opened a new building of the university and started constructing another. The university has moved into our town, so we’re helping it to settle here”, the company CEO Yuri Zinchenko said. (Ukrainian…Details
In October Ukraine exported $59.03 million worth of ferroalloys, with imports on the level of $9.55 million. According to the State Fiscal Service, the main consumer of Ukrainian ferroalloys in October was Turkey ($11.43 million). In January-October Ukraine exported $578.55 million worth of ferroalloys, while imports reached $70.78 million. (Ukrainian metal)Details
In January-September the state enterprise United Mining and Chemical Company increased its net profits 2.8 times YoY, or by 427.9 million UAH, to 666 million UAH. “This has been achieved by increasing sales in the period”, the company CEO Alexander Gladushko said. Even though world ilmenite, rutile and zircon prices haven’t increased, Volnogorsk Mining and…Details