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In 2018 the last year tendencies will persist on the steel pipes market: OCTG pipes demand will be increasing because of the growth of drilling. ChTPZ intends to increase its share in the supplies of pipes for construction of compressor plants. “This year the group plans to retain its output volumes on the previous year…
DetailsIn January-February Ukraine increased revenue from ferrous metals exports by 27% YoY, to $1.709 billion. According to the State Fiscal Service, ferrous metals accounted for 23.17% of the total exports revenue against 21.48% in January-February 2017. In February ferrous metals exports revenue reached $836.157 million. In 2 months ferrous metals imports grew by 59.8%, to…
DetailsSeverstal has received machinery of four quality control systems for its Cherepovets Iron and Steel Works. The investment project with the total amount of over 180 million rubles will improve cold-rolled metal surface quality. Under the contract Isra Surface Vision GmbH (Germany) has supplied modules of video cameras with high resolution, the equipment for lighting…
DetailsEnergomashspetsstal will supply 461.55 tons of supporting rolls for hot-rolled mills to Essar Steel (India). According to the company statement, it will produce 12 supporting rolls. The agreement is valid until August 2019. The rolls will be used in stainless steel rolling. (Ukrainian metal)
DetailsIn 2017 the state enterprise United Mining and Chemical Company concluded two thirds of its contracts on titanium ore deliveries with Bollwerk (Austria). The total cost of these contracts is $53 million, or 1.5 billion UAH. Last year the UMCC management was detained for economic crimes. After that Bollwerk was replaced by TS Taunus Chemical…
DetailsІmerys Refractory Minerals Clerac (France) has increased its share in the statutory capital of Vatutino Refractory Works from 89.35153646% to 89.37987559%. The company share in the total number of voting shares grew from 99.80537953% to 99.927133%. Last year VKO net profit dropped by 21% YoY, to 51.862 million UAH. The consolidated accounts receivable grew 2-fold,…
DetailsOn March 12 the electric arc furnace No. 3 of Belarus Iron and Steel Works made the first steel after capital repairs. The furnace was shut down on February 12 for essential repairs. The company was able to cope with the repair 3 days in advance. At present scheduled repairs are being carried out at…
DetailsThe Uskovskaya mine of Raspadskaya Coal Company has put into operation a new long face. Its reserves total 1.7 million tons of coking coal. The monthly output is planned at the level of 250-270 thousand tons. (Ukrainian metal)
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