In January-September Mechel-Service sold 1.4 million tons of metal, up by 7% YoY. In Q3 the company was able to sell some 500 thousand tons of metal. Shaped sections sales went up by 25%, pipes – by 27%, metal wares – by 20%, sheet – by 13% and strips – by 55%. “We continue keeping…Details
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ArcelorMittal Temirtau plans to increase steel deliveries to Iran to 1.5 million tons. “The plan for 2016 is 1.145 million tons of hot- and cold-rolled coils, tin and sections. In 2017 we intend to increase deliveries to 1.56 million tons”, Vadim Besin, the company repairs director, noted. Iran is one of the main destinations for…Details
In Q3 Evraz Dneprovsky Iron and Steel Works drastically decreased steel smelting. According to the company statement, this had to do with using slab stocks for production. Carbon steel production in July-September dropped by 9.4% QoQ, to 264 thousand tons, while that of pig iron increased by 4.1%, to 286 thousand tons. Semi-finished product manufacture…Details
Girish Sardana has been appointed the new deputy provision director of ArcelorMittal Kriviy Rih. According to the company statement, he will be responsible for all raw material supplies, contract work management, Capex & Opex Projects, supplier choosing and expenses decrease. Sardana worked for Kelvinator, Shriram Projects, SMS DEMAG, etc. In 2002-2015 he occupied top offices…Details
Severstal-Metiz has appointed Alexander Ryabikov the executive director of the works. Previously he worked as the steel-wire shop No. 2 director. The previous executive director S. Kovryakov went to work for Sveza as the production director. (Ukrainian metal)Details
In Q3 Evraz produced 3.4 million tons of steel, up by 6.3%. Russian and Kazakhstan companies produced 2.79 million tons, up by 8.2%. According to the company statement, the increase was the result of the overhaul completion at Evraz ZSMK blast furnace No. 1. Semi-finished products output increased to 43% from 34.8% in Q2. Cocking…Details
According to Rosstat, in September Russia increased ferrous metals output by 0.3% YoY. Steel output dropped by 2.1%, that of pig iron – by 9.9% and of steel pipes – by 12.8%, all YoY. In January-September Russia produced 44.9 million tons of rolled metal, down by 1.5% YoY. Steel output dropped by 1.3%, to 51.9…Details
U.K.-based mining giant Evraz, which operates mainly in Russia, plans to raise coal output by 8% to 22.1 million tons and raise sales in Ukraine by 24% to 2.1 million tons in 2016. “Evraz significantly increased supplies to the Ukrainian market over the last three years, reaching a 16% market share in 2016. By using…Details
Belarus’ industrial output decreased by 1.7% YoY in January-September to 58.136 billion Belarusian rubles (Br), or $30.199 billion at the official rate of the National Bank, the National Statistical Committee (Belstat) reported. Production of coke, oil products and nuclear materials reduced by 9.3% YoY in January-September to 8.351 billion rubles ($4.338 billion). The output of…Details
In November Ukrainian metal companies will produce 1.9 million tons of steel, 1.9 million tons of pig iron and 1.7 million tons of rolled metal, according to Ukrmetallurgprom forecasts. For October the company predicted steel output on the level of 2 million tons, pig iron – 2 million tons and rolled metal – 1.7 million…Details
For the past three years Ferrexpo has decreased its pellets supplies to China from 25% to 13%. “We started with 25% sales to China, but once we improved the quality of our pellets, we started selling more to the Western Europe and the North-Eastern Asia”, the investors and communications director Ingrid McMahon reported. According to…Details
Anglo Asian Mining PLC reported decrease in its gold, silver and copper mining. In Q3 it mined 16.497 thousand ounces of gold at its Gedabek mine (with the forecast of 18.500 thousand ounces) as opposed to 19.375 thousand ounces in Q2 and 18.200 in Q3 2015. This year the company plans to produce 69-71 thousand…Details
In January-September Yakutugol, a part of Mechel, mined 7.5 million tons of coal, up by 11% YoY. All the group companies have demonstrated increase in output. In particular, Neryugrinsky open-pit coal mine yielded 7 million tons of coal, up by 11% YoY. Kangalassky open-pit mine yielded 145 thousand tons of coal, up by 16%. Jebariki-Khaya…Details