In May, according to the customs statistics, Russia imported 70.3 thousand tons of galvanized flat steel, up by 5.1% YoY. In January-May imports dropped by 12.1%, to 269 thousand tons. Kazakhstan supplied 54% of the steel, down by 8% YoY. Average price was $779 per ton without VAT. South Korea supplied 15.6%, up by 22.9%,…Details
In May, according to the customs statistics, Russia imported 49.5 thousand tons of ferrous scarp from Kazakhstan, down by 24.3% YoY.
Average price was $257 per ton.
In January-May imports dropped by 25.5% YoY, to 155.6 thousand tons. (Ukrainian metal)
A number of Chinese companies plan to carry out projects to mine tungsten, molybdenum and copper on the Ingichka plateau.
According to the preliminary agreement, $50-55 million will be invested in the construction of infrastructure.
Investors also plan to construct at least two mines. (Ukrainian metal)
OMZ-Spetsstal has started shipping billets for the reactor body for the first power block of Ruppur Nuclear Power Plant in Bangladesh.
Under the contract concluded in September 2017 the company will supply billets to produce the reactor body.
So far the company has supplied billets of the flange, lower and supporting shells. (Ukrainian metal)
In June Severstal-Metiz produced the record-high volume of fiber – almost 1.5 thousand tons.
62% of the products were exported to Europe, and the rest was shipped to CIS countries and Russian customers.
At present the company produces 4 types of steel fiber and is the Russian leader in its output. (Ukrainian metal)
Kyshtym Electrolytic Copper Plant has started assembling new conveyer system in the copper electrolysis shop.
The machinery will transport empty matrixes, matrixes with cathode leftovers and anodes.
While assembling the new conveyers the manufacture has not been stopped.
Commissioning is scheduled for July.
Investments in the project total 380 million rubles. (Ukrainian metal)
By the end of 2019 Energomashspetsstal will have supplied 1500 tons of supporting rolls for the new hot-rolling mill-1700 of ArcelorMittal Lazaro Cardenas (Mexico) under the contract with Primetals Technologie (Austria). The cost of the contract signed in April is not disclosed. The company has started manufacturing 28 rolls with the combined weight of 1185…Details
NLMK Group, a global steel company, is pleased to announce the opening of a new service center, NLMK South Africa, which will supply abrasion-resistant (NLMK Quard) and high-strength (NLMK Quend) thick plates produced at the Belgian NLMK Clabecq. NLMK South Africa will also make parts of these steels as per customers’ requirements. NLMK South Africa…Details
Istra Works of Metal Structures has produced metal structures for the studio No. 2 of MosFilm.
All the structures have been delivered to the construction site in time.
“It is very interesting to help Russian cinema in its development”, the company CEO Sergey Pashinin said. (Ukrainian metal)
Kumtor Gold Company has released the Environment and Sustainability Report for 2017. The report is published to inform the governmental authorities, non-governmental sector and the general public about the environmental performance at the Kumtor mine and measures taken by the company to protect the environment. The publication of the report is a voluntary initiative of…Details
In January-June Krivoy Rog Iron Ore Industrial Complex produced 2.468 million tons of iron ore, down by 8.6% YoY.
In June iron ore output totaled 422 thousand tons.
Last year the company produced 5.074 million tons of iron ore, up by 1.5% YoY. (Ukrainian metal)
In January-June by-product coke plants imported 5.67 million tons of coking coals and coal concentrate, up by 17% YoY, with 0.91 million tons imported in June, up by 1% MoM. Ukrainian coal deliveries reached 1.45 million tons, down by 12%, with 210 thousand tons supplied in June, down by 3% MoM. 743 thousand tons of…Details
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)
In 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…Details
In 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)
According 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…Details
In 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…Details
ArcelorMittal 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…Details
Ukrmetallurgprom 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…Details
Prices 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…Details
The Georgian Industrial Group (GIG), the largest industrial holding in Georgia owning Saknakhshiri coal mining company, is ready to gift the company to the state in the wake of the fatal incident in the Tkibuli Mindeli Mine, which claimed the lives of four miners and left six others with severe injuries. GIG states that despite…Details
Russia’s production of finished, semi-finished, and powdered gold fell by 13% YoY but rose by 26.5% MoM in June, the Federal State Statistics Service said in a report. In January-June gold production decreased by 1.2% YoY. Previously, absolute figures on production of non-ferrous metals were a state secret. The figures are no longer classified, but…Details
Prime Minister of Georgia Mamuka Bakhtadze has announced the closure of Mindeli coal mine where four died and six injured as a result of a methane explosion on July 16. “I express my wholehearted condolences to the families of the victims in this difficult moment. The state cannot allow the vulnerability of health and life…Details
In January-June Electrozinc fulfilled zinc manufacturing plan by 101.5%. According to preliminary data, sales are expected on the level of 2863 million rubles, up from 2507 million rubles in H1 2017, and net income – 330 million rubles (252.388 million rubles). Payments to all budgets will reach 564 million rubles. In H1 the company produced…Details