In January-September Korshunovsky Mining and Processing Works mined 6 million tons of ore, up by 3% YoY. According to the company statement, concentrate output went up by 3%, to 2.1 million tons. Almost all of the products (98%) were supplied to Chelyabinsk Iron and Steel Works. Revenues increased by 13% YoY, to 6.4 billion rubles,…
DetailsIn Q3 Evraz Sukhaya Balka decreased iron ore mining following the halt of its capacities. According to the company statement, in July-September lumpy ore mining dropped by 18.4% QoQ, to 639 thousand tons. In January-September the output decreased by 8% YoY, to 1.946 million tons. The company expects output volumes to increase in Q4. The…
DetailsIn 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…
DetailsArcelorMittal 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…
DetailsIn 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…
DetailsGirish 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…
DetailsSeverstal-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)
DetailsIn 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…
DetailsAccording 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…
DetailsU.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…
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