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In March Almalyk Iron and Steel Works started construction of the roasting furnace No. 4 in the rare metals shop of the copper smelting works. The shop operates 3 furnaces with the capacity of 1800 tons of molybdenum product per year. Another furnace will increase molybdenum product processing by 30% per year. (Ukrainian metal)
DetailsIn April-June MMK sold 2.848 million tons of metal, up by 0.7% QoQ, including 1.381 million tons of high added value products, up by 2.7%. In 6 months MMK sold 5.675 million tons of metal, including 2.726 million tons with high added value, up by 2.1% and by 7.3% YoY respectively. In particular, sales of…
DetailsIn January-June Ukrainian metal companies consumed 935 million cubic meters of natural gas, up by 11% YoY. In June gas consumption totaled 145 million cubic meters, up by 4% MoM. In 6 months electricity consumption reached 5.9 billion kW-h, up by 11%. (Ukrainian metal)
DetailsAccording to the Statistics Committee of the Ministry of the National Economy, in June steel output reached 385 thousand tons, down by 1.8% YoY. In January-June Kazakhstan produced 2.32 million tons of steel, up by 2.9% YoY. Rolled metal manufacture grew by 6%, to 1.461 million tons, with 189 thousand tons produced in June, down…
DetailsIn January-June Ukraine exported 270 thousand tons of scrap, up by 106% YoY. Scrap procurement grew by 12%, to 1.902 million tons. Deliveries of scrap to metal companies increased by 4%, to 1.632 million tons. In June 346 thousand tons of scrap were procured, down by 6% MoM, of which domestic companies received 327 thousand…
DetailsArcelorMittal Kriviy Rih has signed a contract for the delivery of Siemens STC-GV (160-3) blower for its largest blast furnace No. 9. The total cost of the contract is $13 million. The commissioning of the blower will increase pig iron output and decrease CO2 emissions by 30.5 thousand tons per year. The project presupposes the…
DetailsUkrmetallurgprom forecasts the increase of steel output in August to 1.8 million tons. Pig iron manufacture is expected to total 1.8 million tons and rolled metal – 1.6 million tons. In June Ukraine increased steel output by 1% MoM, to 1.71 million tons. Pig iron manufacture grew by 3%, to 1.63 million tons, and rolled…
DetailsPrices for precious metals in Azerbaijan continued to decline on July 17, according to the data published by the Central Bank. The price of gold decreased by 5.457 manat, to 2110.227 manats per ounce compared to the price on July 16. The price of silver decreased by 0.0605 manats, to 26.8797 manats per ounce. The…
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