In January-November 2019 Russia exported 37.575 million tons of ferrous metals, down by 11.1% YoY. According to the Federal Customs Service, exports without pig iron, ferroalloys, scrap and wastes dropped by 10.4%, to 24.883 million tons. Sales of carbon steel semi-finished products fell by 6.8%, to 13.433 million tons, and flat rolled steel – by…Details
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In 2019 Zlatoust Electrometallurgical Works mastered the manufacture of over 30 new steel grades. Output and sales grew almost 2-fold, to 900 million rubles per month. Average monthly output of corrosion-resistant rolled metal is 2 thousand tons, with 90% purchased by ChTPZ. This year ZEMZ intends to increase output and sales 2-fold. (Ukrainian metal)Details
Severstal has begun an active phase of the Cherepovets Iron and Steel Works 4-stand mill technical modernization. The current capacity of the mill does not allow it producing rolled metal wider than 1850 mm. The modernized mill will be able to produce rolled metal with the width of up to 2000 mm. (Ukrainian metal)Details
In 2019 Mikhailovsky Mining and Processing Works produced over 15 million tons of iron ore pellets. This is a record-high result in the company history. Such an output is mostly due to the construction and commission of the pelletizing machine No. 3 in September 2015. Its capacity is 5 million tons of pellets per year.…Details
A rockslide killed one miner at the Gaysky GOK mining and processing plant of Ural Mining and Metallurgical Company (UMMC), but the mine continued operations, a spokesperson of the Emergency Ministry reported on January 16. “One man was killed by a rockslide at a depth of 1,045 meters in a ventilation shaft of the Gaysky…Details
Over 2019 ferroalloys production in Kazakhstan has increased by 6%. Last year 2.02 million tons of ferroalloys were produced, up by 6.3% YoY, including 34.3% or 693.9 thousand tons produced in Aktobe region, and 62.9% or 1.27 million tons – in Pavlodar region. KazChrome TNC is the main producer of ferroalloys in Kazakhstan. The company…Details
Svetliy has won an auction to develop the Zorinsky Brook alluvial site in Irkutsk region. The auction was held on December 26, 2019. Three companies participated in the trade – Ugakhan LLC and two Polyus enterprises – Lenzoloto and Svetliy. The final price reached 4.95 million rubles. C1 reserves of the site mount to 114…Details
The Komsomolets mine of SUEK-Kuzbass has finished 2019 with an output record of 3052 thousand tons of coal. This is the best result in 86 years of operation. The previous record has been exceeded by 600 thousand tons. Another record was achieved in excavation works – 4 km of rock. Komsomolets is the oldest operating…Details
In December 2019 Beloretsk Iron and Steel Works increased sales by 7% MoM, to 34 thousand tons of metal wares. Products for aviation, machine-building and construction industries accounted for the larger part of sales. Sales of rods with specifically treated surface grew 3-fold. The company increased sales of cold-deformed rebars by 29% and low-carbon wire…Details
Mikhailovsky Mining and Processing Works has received 2 BelAZs with the carrying capacity of 220 tons. 2 such trucks have been operating at the GOK since January 2019. Unlike lesser machines the new ones have to carry over 5 thousand tons per shift. (Ukrainian metal)Details
In December 2019 the electric steel smelting shop No. 2 of the Krasniy Octyabr Iron and Steel Works produced 26.2 thousand tons of steel, up by 1 thousand tons from the output target. The company also produced 19 thousand tons of rolled metal. Moreover, the company was able to make 10 smeltings a day as…Details
Mechel ordinary shares have grown in price by 8.47% at the Moscow Stock Exchange. The cost of a share was 93.77 rubles, with the peak at 94.3 rubles. In the first days of the Stock Exchange operation in January, Mechel shares became 60% more expensive – 99.6 rubles on January 8 as opposed to 63.14…Details