Zaporizhstal received the most VAT returns in March – 859 million UAH, more than twice as much as in February (404 million UAH). According to the State Treasury Service, Zaporizhstal is followed by ArcelorMittal Kriviy Rih. In March the company was paid 579 million UAH, as opposed to 611 million UAH in February. (Ukrainian metal)Details
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In late March – early April, ferrous scrap prices in Ukraine started decreasing. The first decrease happened on March 25 – by 100 UAH per ton, and on April 1 the price dropped by 150 UAH, to 4600 UAH per ton. Thus, the price decreased to its February level. (Ukrainian metal)Details
Novgorodsky Iron and Steel Works has received certificates of correspondence of its environment, labor and health protection management system to the requirements of ISO 14000:2015 and ISO 45001:2018. The certification audit has been carried out by SGS Vostoc Limited. NMZ has become the sixth RMK enterprise to implement integrated management system. (Ukrainian metal)Details
Bratsk Aluminum Works is preparing for construction of two gas-purifying machines. The construction of machine No. 32 will start in August, and of No. 31 – in October. All the work is expected to be completed in 2021. By 2024, BrAZ has to operate 15 new gas-purifying machines. Gross pollution will decrease by 20%. Investments…Details
In 2019, Nadezhdinsky Iron and Steel Works decreased net profit by 37% YoY, to 838 million rubles. Last year the company was receiving profit each quarter: 285 million rubles in Q1, 217 million rubles in Q2, 169 million rubles in Q3 and 158 million rubles in Q4. Revenue dropped by 9%, to 22.04 billion rubles.…Details
NLMK Group, a global steel company, has opened a laboratory center in Lipetsk for microstructure analysis, which will analyze the properties of steel to develop new premium products and optimize metal processing techniques. The center is equipped with the latest high-precision measuring equipment. Several dozen unique devices enable more than a thousand types of microscopy…Details
Dneprovsky Iron and Steel Combine has begun the capital repair of the Du-1220 gas pipeline, which provides for the transportation of the mixed coke oven and blast furnace gas. The repair will last for 5 months and will cost 1.2 million UAH. The length of the gas pipeline is 4 km. A site 1.5 km…Details
In January, Russia exported 10 thousand tons of flat rolled aluminum, up by 1% MoM and by 17% YoY. Price dropped by 1%, to $2.9 per kg. Deliveries to Poland increased by 24%, to 3.8 thousand tons, and to USA – by 22%, to 1.3 thousand tons. Exports to Finland decreased from 922 tons to…Details
In January, Russia imported 301.8 tons of molybdenum ore, down by 28% MoM, but up by 48% YoY. Price dropped by 7%, to $12.4 per kg. USA, Chile and the Netherlands supplied 100 tons each. In particular, imports from USA remained unchanged, while from Chile – grew by 25% and from the Netherlands – by…Details
In 2019, Pravourminskoye LLC, developing the tin deposit of the same name, received 82.9 million rubles of net losses as opposed to a net profit of 60.4 million rubles in 2018. The company produced 2146.8 tons of tin concentrate and sold 2183.3 tons. Sales revenue grew by 22.7%, to 1.405 billion rubles. Sales profit decreased…Details
Ferrostar will start constructing the plant to produce directly reduced iron at its site in the Titanium Valley Special Economic Zone in the first half of the year. In particular, the construction is expected to begin in June. Investments in the project will amount to 2.24 billion rubles. The plant will be commissioned in December…Details