Mariupol Ilyich Iron and Steel Works has produced a trial batch of hot-rolled coils according to API Specification 5L. The coils will be used in the manufacture of electric welded pipes, the company CEO Yuri Zinchenko reported. The coils were produced of B-grade steel, and their size is 4.7×1190 and 5.7×1190 mm. “The trial batch…Details
The Verkhovna Rada has prolonged the increased export duty on scrap metal in the amount of EUR 30 per ton for another two years. The parliament supported corresponding bill No. 6382 at a meeting on June 8. Some 260 deputies voted for the bill. While presenting the bill in parliament, chairman of the Verkhovna Rada…Details
In January-May Irkutsk region obtained 5431.42 kg of gold, with 1126.58 kg being alluvial gold, and the rest (4304.84 kg) ore gold.
In January-April the region yielded 3704 kg of gold.
This year the target is 21277 kg of gold, down by 2 tons YoY. (Ukrainian metal)
In July the Russian steel market is bound to start improving. According to MMK Trading House LLC director Denis Lyadov, in late 2016 Russian metal makers started increasing steel prices following its prime cost growth. But in spring roads were closed and the delivery dropped. This year the company intends to sell over 1 million…Details
The Russian Steel Association for the first time since 2013 expects the increase in metal consumption on the local market – by 1.2% YoY. Steel consumption growth in Q1 was 6% YoY. At the same time imports increased by 80%. In 2000-2016 investments into the industry totaled 2.04 trillion rubles, this year they will increase…Details
Nornickel is taking unprecedented measures to curb the impact of floods on the Doldykan River in Norilsk’s industrial area and is currently undertaking the unprecedented task of cleaning up the Doldykan River and the surrounding territory from sediments accumulated since the Soviet period. At the beginning of the flood season in 2016, Nornickel tightened its…Details
In January-May Ukraine exported 101.86 thousand tons of ferrous scrap, down by 50.7% YoY, valued at $21.586 million, down by 40.5%. According to the State Fiscal Service, scrap imports increased by 18.2%, to 11.954 thousand tons valued at $10.248 million, up 3.6-fold. The main suppliers of scrap were Turkey (84.25%), Moldova (7.9%) and Russia (4.18%),…Details
Following the results of the Prozorro sales, Selidovugol has chosen Dalsund LLC the supplier of 7 types of filter equipment valued at 61.71 million UAH. In particular by February 2018 the company will have supplied respirators R-30 and R-34 at 88.5 thousand UAH apiece. Respirators Puls-K and Puls-M were ordered at 230 UAH apiece. Self-rescuers…Details
On June 7 Lvivugol received 34.5 million UAH for the sale of coal.
All the money was spent to clear April salary debt to miners.
Earlier the miners informed of the intention to block the international Lviv – Rava-Russkaya road if they were not paid salary for April. (Ukrainian metal)
Avdiivka Coke and Chemical Works could be shut down because of the absence of service water. “The first pump station of the South-Donbass canal has been shut down as the result of the military activities, the personnel has been evacuated. The delivery of service water has stopped, this means a complete shut down for us.…Details
In January-May Ukraine increased earnings from ferrous metals exports by 24.5% YoY, to $3.378 billion. According to the State Fiscal Service, ferrous metals accounted for 19.59% of all export revenue (19.81% in January-May 2016). In May ferrous exports brought $737.999 million. At the same time, according to the customs statistics, Ukraine increased imports of ferrous…Details
Ukrzaliznytsia has held an auction on the purchase of tyres for rolling stock valued at 74.2 million UAH. According to the company statement, there were two winners – Interpipe and Huta Bankowa (Poland). Interpipe has received an order for 60 million UAH and Huta Bankowa – for 13.7 million UAH. Both companies will have to…Details
In January-April Russia exported $109.9 billion worth of goods, up by 30.5% YoY. According to the customs statistics, metal share was 10.1%, up from 9.7% In January-April 2016. Metal exports went up in money terms by 38.5% YoY, but dropped in volume – by 2.7%. Ferroalloy exports decreased by 4.1%, unalloyed steel and iron semi-finished…Details
Novosibirsk Refining Works (NAZ) has been sold at an auction for 880 million rubles. The winner of the auction was the Center of real estate management, which bought 100% of the state shares at the initial price. “NAZ is underloaded and needs modernization. We are sure that the new owner will be able to solve…Details
In January-May Ukraine exported 368.84 thousand tons of ferroalloys valued at $430.828 million, up by 4% and by 57.2% YoY respectively. According to the State Fiscal Service, the main importers were Turkey (25.87%), Italy (14.42%) and the Netherlands (10.04%). In 5 months Ukraine imported 24.447 thousand tons of ferroalloys valued at $53.017 million, up 2.1-fold…Details
In January-May Ukraine exported 15.722 million tons of iron ore raw materials valued at $1.166 billion, down by 10.9% and up by 72.7% YoY respectively. According to the State Fiscal Service, the main importers were China (28.65%), the Czech Republic (10.71%) and Poland (10.67%). In 5 months Ukraine imported 201.825 thousand tons of iron ore…Details
The board of directors of the Russian metals and mining group Mechel has recommended paying no dividends on common shares and 10.28 rubles per preferred share, or a total of 1.426 billion rubles, in dividends for 2016, the company said in a statement on June 8. The record date for the dividends is July 11.…Details
In January-May Ukraine decreased imports of hot-briquetted iron from Russia by 97.8% YoY, to 980 tons. HBI is the scrap substitute in metal making.
According to the customs statistics of the State Fiscal Service, in money terms imports dropped by 96.1%, to $262 thousand.
All the imports came from Russia. (Ukrainian metal)
Zaporizhstal has increased wages of its employees by 20% since June 1.
According to the company statement, its wages are among the highest in the Ukrainian mining and metal industry.
Within the program of improving working conditions Zaporizhstal will invest some 4 million UAH in installing climate control systems all over the place. (Ukrainian metal)
Separatists from the so-called Donetsk and Lugansk People’s Republics are trying to sell coal from DTEK mines at half-price. “We’re negotiating with our prospective customers who could buy our coal – Turkey, Spain. We consider it our coal, but stolen. When we left there were some 450 thousand tons of coal at Sverdlovantrazit and Rovenkiantrazit”,…Details
Chepets Mechanical Works, a part of TVEL, has started producing large ingots of heat-resistant alloys on the basis of VIT-1 and VTI-4 titanium intermetallides. The company can now produce large ingots with the diameter of 450 mm and the weight of 1480 kg for aviation industry. In 5 years ChMZ started producing ingots and semi-finished…Details
Since being put into operation Kimkano-Sutarsky Mining and Processing Works has produced 600 thousand tons of iron ore concentrate.
In May the works produced 125 thousand tons.
The company management expects it to reach its target capacity in summer. (Ukrainian metal)
In January-May Kamensk-Uralsky Iron and Steel Works produced 47 thousand tons of aluminum, up by 4 thousand tons YoY. At present the company is constructing a new rolling complex, which produced 2 thousand tons of aluminum in May. This year will see the construction of the second stage of the hot-rolling mill. The first products…Details
Uzbekistan has offered 29 deposits of strategically important solid minerals, including 12 gold deposits, to foreign investors for industrial development. In accordance with the Uzbek government’s decree, published in the national legislation database, investors were also invited to develop eight deposits of tungsten and three deposits of uranium, iron and lithium, each. In addition, potential…Details
Poltava Mining and Processing Works is interested in carrying its cargo between the city of Kremenchug and the port of Yuzhniy with the help of its own trains. According to the company commercial director Dmitry Spatar, the situation when Ukrzaliznytsia is not renewing trains threatens the transportation process. Companies can invest in trains in case…Details
The Ministry of energy and coal industry reports that in April the prime cost of coal at state mines increased by 13.8% MoM, or by 384.1 UAH per ton, to 3159.67 UAH per ton. The prime cost of coal is 45.7%, or 1443.17 UAH per ton, more than its average sale price (1716.5 UAH per…Details