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In January-February, Russia produced 9.6 million tons of unalloyed steel and semi-finished products, down by 2.9%. According to the Federal Service of State Statistics, in February production decreased by 7.6% MoM and by 4.2% YoY. Rolled metal manufacture totaled 10.4 million tons, up by 1.8% YoY, with February output down by 8.6% MoM and by…
DetailsIn 2020, Cherepovets Iron and Steel Works will continue its large-scale infrastructure modernization program and will spend some 4.5 billion rubles on it. “The program is planned for 10 years. This year we intend to carry out 25 projects. The main are the replacement of lifting mechanisms, fire systems, conveyers and transformers, as well as…
DetailsIn January-February, metal companies in Ukraine retained gas consumption on the previous year level – 310 million cubic meters. At the same time, electricity consumption decreased by 5%, to 1.83 billion kW-h. In 2019, metal companies decreased gas consumption by 2% YoY, to 1.8 billion cubic meters, and electricity consumption dropped by 5%, to 11.2…
DetailsHaving successfully restructured its debt, Interpipe retains its plans to invest $136 million in development in 2020-2022 despite unfavorable market situation. “We have such plans. Still, we want to see the changes on the global market. We believe the market has not reacted enough to all the events. It’s still early to make decisions”, the…
DetailsAll the coke, received by metal companies in January-February, that is 1.34 million tons, down by 13% YoY, was of Ukrainian make. The share of imported coke dropped to 0% from 7% last year. By-product coke plants received 2.01 million tons of coal, down by 14%, including 0.7 million tons of Ukrainian make, up by…
DetailsIn 2019, Ferrexpo received $403.293 million of net profit, up by 20.3% YoY. Revenue grew by 18.3%, to $1.506 billion. EBITDA increased by 17%, to $586 million. Capital investments went up by 83%, to $247 million. (Ukrainian metal)
DetailsPervouralsky Pipe Works, a part of ChTPZ, has carried out a project to optimize OCTG pipes manufacture, which will allow increasing output and improving quality control. In particular, the compressor-pump pipes manufacture is expected to grow by 50%, and casing pipes – by 30%. Investments totaled 50 million rubles. In 2019, ChTPZ accounted for 18%…
DetailsOver 3.3 thousand units of new machinery and equipment will be supplied to Kola Iron and Steel Company, a part of Norilsk Nickel, in 2020. Investments will total 2.6 billion rubles. In particular, the Severniy mine will receive dump trucks and drilling machines. Anode cells, new polymer-concrete baths and a lot of pump machines will…
DetailsIn 2019, Uralelectromed produced 413,346 tons of cathode copper, up by 3.2% YoY. This is the highest output ever. According to the chief engineer Alexei Korolyev, the high result is due to stable raw materials deliveries as well as using highly efficient machinery in the new copper electrolysis shop. The company has also increased blue…
DetailsSukremlsky Pig Iron Works has mastered the manufacture of chain links and fire-bars. Chain links are used in the construction of casting machines. The company produces them of 110G13L steel and intends to manufacture some 1.6 thousand pieces per year. Fire-bars are used in the sintering trolley. They are made of ICh30018G3 pig iron. The…
DetailsIn December 2019, Russia exported 436 tons of long rolled copper, up by 43% MoM and by 78% YoY. Price remained unchanged at $5.7 per kg. Deliveries to Belarus grew by 39%, to 160 tons, to Germany – by 170%, to 63 tons, to Kazakhstan – by 45%, to 58 tons, and to Ukraine by…
DetailsIn January, Russia exported 6.1 thousand tons of ferromanganese, down by 6% MoM, but up by 74% YoY. Price dropped by 4%, to $971 per ton. Deliveries to USA decreased by 21%, to 3.2 thousand tons, and to Ukraine by 12%, to 1.5 thousand tons. At the same time exports to Kazakhstan grew 1.5-fold, to…
DetailsMariupol Ilyich Iron and Steel Works has finished constructing dust-exhaust systems for the blast-furnace manufacture. The cost of the project was over $31 million. The construction began in August 2019. Soon bag filters will be installed at all blast furnaces. (Ukrainian metal)
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