Traders working with MMK report that the management of the company’s sales services plans to review the earlier announced March prices on flat rolled metal by increasing them by 2-3%. The increase is explained by the sharp rise of raw materials prices and the world market rolled metal price growth. The increase in prices for…
DetailsThe repair service of the Kosogorsky Iron and Steel Works (Tula) has completed a number of overhauls in the shops and the plant’s divisions and continues carrying out all the rest of the scheduled repairs. The blast furnace No. 3 saw the replacement of the skip; bins No. 10 and 29 have been repaired at…
DetailsThe governor of the Rostov region Vasily Golubev visited the town of Kamensk-Shakhtinsky, where the iron and steel works with the capacity of 160 thousand tons of hot-rolled rebars per year has been constructing since 2013. The project is built in stages. The first stage, providing the construction of the energy substation, was finished last…
DetailsIn 2016 Kazakhstan reduced exports of silver, however revenues grew and the country earned $584 million. Export volume in physical terms decreased by 8.8%, but in monetary terms it increased by 21.2%. In 2016 export of unprocessed or semi-finished silver and silver powder reached 1.17 thousand tons valued at $584.6 million. Kazakhstan’s main partner is…
Details5 plants will be opened in Karaganda region this year, the regional akim (governor) Nurmukhambet Abdibekov said. In particular, copper leaching and refractory materials plants will be constructed. The new companies will be created under the Entrepreneurship road map. “10 projects will be implemented under the roadmap. Aside from the roadmap we will also create…
DetailsGiessenhause has started the construction of the aluminum alloys works in Pavlodar region, the regional akim (governor) Vulat Bakauov reported. The enterprise will serve as the base for creation of the aluminum cluster and the manufacture of automobile disks, sections, sheets, wire and plates of aluminum alloys. “80% of the products will be exported”, Bakauov…
DetailsIn 2017 Chelyabinsk Forge-and-Press Works intends to increase output by 23% YoY, to 8.1 billion rubles. “ChKPZ has implemented the large-scale efficiency improvement program, which will allow us saving 300 million rubles per year without much investments”, the company CEO Andrei Gartung said. In 2016 the works earned 6.6 billion rubles, up by 35% YoY.…
DetailsUkgazvydobuvannya has ordered Interpipe the delivery of steel pipes valued at 87.55 UAH. By the end of February, the company would have supplied seamless hot-deformed insulated pipes at 31-32 thousand UAH and arc-welded pipes of 720×8 mm at 28 thousand UAH. Interpipe did not decrease price during the auction, and so it was only 0.05%…
DetailsThe management of the Evraz Sukhaya Balka Mining and Processing Works claims it has neither not initiated and nor held the meeting at the State Geology Service of Ukraine. “The administration of Evraz Sukhaya Balka, as well as the management of other Evraz Ukrainian companies, have nothing to do with the strike. As far as…
DetailsIn 2016 Chelaybinsk Pipe Works and Pervouralsk Pipe Works shipped 1.713 million tons of pipes to customers, down by 15% YoY. The decrease is explained with the change in delivery schedule to Gazprom and the drop in demand. The largest decrease was in the large diameter pipes segment (27%). At the same time ChTPZ was…
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