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Severstal has shipped hot-rolled sheet to Uralmash NGO Holding LLC. The rolled metal will be used to produce drilling rigs to be operated in the extreme conditions of the Far North. The sheets were produced at Cherepovest Iron and Steel Works. By 2020 the company will have modernized the flat rolled metal manufacture, valued at…
DetailsChTPZ has supplied the first batch of 138 tons of seamless stainless pipes for Kudankulam Nuclear Power Plant construction in India. The pipes were produced at Pervouralsky Pipe Works. The pipes with the diameter of 16 mm and the wall thickness of 1.5 mm will be used in the construction of the steam generator. According…
DetailsSince 2012 Kumtor Gold Company (KGC) has received claims from various Kyrgyz regulatory authorities seeking compensation of $465 million, the company’s annual Environment and Sustainability Report 2017 says. Centerra and KGC believe that such claims are without merit and have vigorously defended such claims in the Kyrgyz Republic courts and in international arbitration. In September…
DetailsA plant for production of pipes in a protective shell with thermal insulation may soon be built in Uzbekistan. The plant’s founders will be Russia’s Ural Pipe Insulation Plant, the Ministry of Housing and Communal Services of Uzbekistan and the administration of the Tashkent region. The plant will be called Tashkent Pipe Insulation Plant and…
DetailsIn January-June an overall production of unwrought gold and semi-processed gold or in powder form reached 44,965 kg, up by 8.4% YoY, Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period gross output of unwrought and semi-processed silver or in the powder form made 494,145 kg, down by 9.3%. (Kazinform/Ukrainian…
DetailsArcelorMittal Temirtau JSC has suspended its export of hot rolled steel coils to the Islamic Republic of Iran due to sanctions the U.S. imposed on the country. “Supplies will be suspended due to the sanctions introduced. As soon as sanctions are lifted the supplies will be resumed,” official representative of the company Alexey Agureyev reported.…
DetailsIn January-June VIZ-Stal produced 86 thousand tons of transformer steel, up by 12% YoY, with capacities fully loaded. Sales grew by 10%, to 84 thousand tons. Exports accounted for 78%, with 90% of them on long-term contracts. (Ukrainian metal)
DetailsIn May, according to the customs statistics, Russia imported 70.3 thousand tons of galvanized flat steel, up by 5.1% YoY. In January-May imports dropped by 12.1%, to 269 thousand tons. Kazakhstan supplied 54% of the steel, down by 8% YoY. Average price was $779 per ton without VAT. South Korea supplied 15.6%, up by 22.9%,…
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