In January-August the MMK Trading House sold 840 thousand tons of metal, up by 14% YoY. In particular, in August the company hit a record of monthly sales – 145 thousand tons of rolled metal, metal wares and sections. Warehouse sales increased due to the optimization of logistics and the increase of deliveries to end…
DetailsUnder the environment program Chelyabinsk Iron and Steel Works increases iron-containing sludge processing 2-fold. This will decrease industrial wastes. Manufacturing by-products contain up to 40% of iron and can replace iron ore concentrate that the company has to buy. Previously ChMK used only the current volumes of iron-ore wastes. They were scrupulously collected with the…
DetailsIn January-June Ferrexpo enterprises (Poltava, Yeristovo and Bilanovsky Mining and Processing Works) paid 535.7 million UAH of various taxes to local, regional and the state budgets, up by 29.4% YoY. In particular, PGOK paid 411 million UAH of taxes, EGOK – 122.1 million UAH, and BGOK – over 2.6 million UAH. Poltava GOK paid 78…
DetailsEnergomashspetsstal will produce a batch of rolls for Mariupol Ilyich Iron and Steel Works roller conveyers. According to the company statement, the order will be carried out under the contract concluded in January. The batch will feature 20 rolls with the total weight of 69 tons. The rolls will be delivered to the customer in…
DetailsUzmetkombinat will import 157 thousand tons of metal raw materials without paying customs duties. The corresponding decree “On measures to cover additional needs of the Republic in ferrous rolled metal” has been approved by the government. The government has allowed Uzmetkombinat to import 157 thousand tons of metal raw materials till January 1, 2018 without…
DetailsIn July Turkey imported 830.2 thousand tons of rolled sheet, up by 32.3% YoY.
Hot-rolled sheet accounted for 501.9 thousand tons, up by 38.3% YoY. The largest supplier is still Russia.
In July Russia supplied 262.5 thousand tons of hot-rolled metal to Turkey. Imports from Ukraine reached 30.4 thousand tons. (Ukrainian metal)
Taras Shevchenko who earlier headed Alchevsk Iron and Steel Works has been appointed the new General Director of Metinvest’s Mariupol Ilyich Iron and Steel Works. In his new position Shevchenko will lead continued implementation of investment projects at Mariupol Ilyich, such as the reconstruction of the sinter plant and the revamp of the 1700 Hot…
DetailsEnergomashspetsstal has passed the audit to check the readiness to produce equipment for the Finnish Hanhikivi-1 NPP. Special attention was paid to the quality management system, as well as lab quality management system. As the result of the audit carried out by Fennovoima (Finland), EMSS has been approved as the manufacturer for the NPP. (Ukrainian…
Details“This is a great result for us. It is very important that the agreement lasts long and is carried out by both parties. We often change the government, and everything starts anew, we can’t be having that,” board member of the Kyrgyz Mining Association Valentin Bogdetsky said, commenting on new agreements between Centerra and the…
DetailsThe Republic of Mordovia has put into operation a new metal manufacture, specializing in aluminum and copper wire rod. The complex is situated on the territory of Saranskcable and will reach the full manufacturing capacity in April 2018. Its capacity is 10 thousand tons of aluminum wire rod and 5 thousand tons of copper wire…
DetailsAccording to the Federal Customs Service, in January-July the share of metal and metal wares in the imports from far foreign countries reached 5.9% (5.6% in January-July 2016). The cost-wise volume increased by 35.3% YoY, physical volume – by 59.9%. Steel pipes imports grew by 97.4%, flat rolled metal by 47.2%. The share of metal…
DetailsPJSC Magnitogorsk Iron and Steel Works (“MMK”) invested RUB 1.64 billion in renovating and building new environmental facilities in the first six months of 2017. The initiatives are a part of the MMK annual environmental program designed to minimize the impact of production facility and unit operations on the environment. Most projects implemented by MMK…
DetailsA meeting has taken place at Lebedinsky GOK (a part of Metalloinvest) to discuss Metalloinvest enterprises’ partnership with the rolling stock operating company New Forwarding Company (a part of Globaltrans Group), specifically focusing on issues relating to freight transport organization in the current year, as well as in 2018-2019. Participants of the meeting included: representatives…
DetailsJSC “Uralelectromed” (an enterprise of the metallurgical complex of UMMC) has introduced a new labeling for copper sulfate, in order to supply it to the European market as a supplement for animal feed. The new labeling was adopted by the company in accordance with clauses and rules of (EC) Regulation 1831/2003 of the European Parliament…
DetailsBaikal Mining Company LLC and TK Motor LLC concluded a contract for completion of construction, installation and finishing works required to commission administrative and hotel complex “Chara” located in Novaya Chara settlement in Kalar District of Zabaikalie region. The completion of the works under this contract is planned for the end of 2017. The works…
DetailsIn August Russia exported to Europe some 175 thousand tons of coal, illegally taken from the occupied Lugansk and Donetsk regions of Ukraine. According to the Federal Customs Service, exports decreased by 34% MoM, or by 92 thousand tons. The largest exporter of Ukrainian coal is Gaz-Alyance, controlled by Sergey Kurchenko. In August it exported…
DetailsThe state company Gazprom invest has announced 3 auctions for the purchase of large diameter pipes valued at 8.2 billion rubles. The manufacturers of the pipes have to be Vyksa Iron and Steel Works and Volzhsk Pipe Works. According to Gazprom information, the pipes will be used in the construction of the Gryaznovets – Vyborg…
DetailsIn January-August DTEK Energo mined 15.2 million tons of gas coal, up by 13.2% YoY. After the anthracite blocks of combined heat and power plants are switched to gas coal, the need in this fuel will increase. “That is why now we witness the overfulfillment of targets of coal mining at our mining companies”, the…
DetailsThe court has arrested all the assets of the Zaporozhye Aluminum Works. “In order not to allow the theft of state property and the destruction of the enterprise, the investigators, the prosecutors and the court decided to arrest all the assets of the works”, the prosecutors’ office reported. The Zaporozhye region is investigating the criminal…
DetailsKaspersky Lab and the Nornickel group of companies have agreed to cooperate in the sphere of information security. The partnership is aimed at creating a comprehensive protection system for corporate and industrial networks, as well as integrating cutting edge technologies to combat cyberthreats and increase the overall security level of one of the world’s largest…
DetailsThe state enterprise Mirnogradugol has hired Vostokugleservice LLC to mine coal. The cost of the work is 3.8 million UAH. The company has to mine 3256 tons of coal from the first south long face of the Centralnaya mine. Thus, the average cost of the coal mining is 1167 UAH per ton. The contract is…
DetailsThe first vessel able to be serviced at the Mariupol trade seaport, has passed under the Kerch bridge. Having loaded 14.5 thousand tons of pig iron, the Kopan sailed to Italy. “Knowing of the limitations when going through the Kerch strait because of the construction of the bridge, the ship owners shortened the Kopan mast,…
DetailsSeverstal Distribution will supply 1800 tons of cold-rolled metal to the Volgogazoapparat company, which produces gas and electric stoves. The household appliances producers have very strict requirements as to the metal quality, among which the main are the surface purity, flatness of not more than 5 mm per 1 m, absence of defects on the…
DetailsThe state company Russian Railroads has started using decreasing coefficients when calculating tariffs for transportation of rolled sheet for NLMK and some other companies. The decreasing coefficient will be valid through December 31. It covers rolled sheet transportation from the railroad stations of Novolipetsk, Revda, Apparatnaya, Nizhneserginskaya, Yekaterinburg, Vorsino and Vladivostok. At the same time…
DetailsRosterminalugol, the largest dedicated coal port in the North West of Russia (a part of Port Management Company LLC) handled more than 15.9 million tons of export coal in January-August, up by 42% YoY, the terminal operator said in a press release. In the reporting period, Rosterminalugol unloaded 16.2 million tons of coal from 226,064…
DetailsDeputy Chairman of the Board of Kyrgyzaltyn JSC for Economy, Finance and Investments Bektur Sagynov told the deputies of the Respublika – Ata Jurt faction why Kyrgyzaltyn opposed the purchase of Thompson Creek. According to him, three members of the board of directors of Centerra Gold Inc. voted against the deal. “We didn’t have time…
Details