2016 was the growth period for Kraft Group, as the sales increased by 65.5% YoY. The average monthly sales volume reached 18 thousand tons. Kraft Group is active in supplying metal to socially important projects, including the new terminal in the Domodedovo airport, Zaryadye park in Moscow, Lakhta-Center and the West Speed Diameter in St.…Details
According to the Canada Border Services Agency, the investigation on the import of steel rebars from Belarus, Taiwan, Hong Kong, Japan, Portugal and Spain has been completed.
The duties have been established at 2.4-108.5%.
The final decision will be taken by the Canadian International Trade Tribunal on May 3. (Ukrainian metal)
Zaporozhkoks has finished the first stage of the coking batteries No. 5 and 6 reconstruction, having repaired 11 coking boxes of the battery No. 6. According to the company statement, the first stage of the program cost 9.1 million UAH. “The overhaul of the coking batteries extends their life time by 15 years. It will…Details
In January-March Ukraine imported 3646.205 thousand tons of coal valued at $569.631 million, with $212.041 million in March. According to the State Fiscal Service, Russia supplied $350.834 million worth of coal (61.59% of the total volume), USA – $102.166 million (17.94%), Canada – $43.707 million (7.67%), other countries – $72.924 million (12.8%). In monetary terms…Details
In January-March Ukraine exported 38.671 thousand tons of ferrous scrap, up 3.3-fold YoY, valued at $11.548 million, up 4.7-fold YoY. According to the State Fiscal Service, imports increased 2-fold YoY, to 8.720 thousand tons valued at $6.474 million, up 4.2-fold. The main suppliers were Turkey (80.72%), Moldova (12.51%) and Russia (5.48%), with the main customers…Details
Metinvest has transferred its shares in Zaporizhstal from two resident companies, Zaporizhstal-RS LLC and Gals-Invest LLC (both based in Zaporizhia) to Cypriot companies Brandfeld Finance Ltd. and Lasartico Holdings Ltd. According to a report by Zaporizhstal in the information disclosure system of the National Commission on Securities and the Stock Market, with reference to the…Details
In January-March Ferrexpo, which controls Poltava and Yeristovo Mining and Processing Works, decreased pellets output by 9.11% YoY, or by 263 thousand tons, to 2.624 million tons. In Q1 the group produced 151.6 thousand tons of 62% Fe content ore and 2472.4 thousand tons of 65% Fe content ore. Pellets output from own raw materials…Details
Izhorsky Pipe Works, a part of Severstal Russian Steel, has started shipping large diameter pipes with special characteristics, used in construction of pipelines crossing zones of active faults. The first batch of pipes has been shipped to Gazprom to be used in the construction of the Sila Sibiri (Power of Siberia) pipeline. The batch included…Details
EvrazHolding marketing and aftersales department director Valentin Krizsky believes that rebars consumption in 2017 will grow by 8% YoY, to 6827 thousand tons. As of April rebars consumption is on the level of 536 thousand tons per month, up from 446 thousand tons in February and 511 thousand tons in March. Consumption of structural shapes…Details
Severstal forecasts that in 2017 the bar market will grow by 3-5%. At the same time at present the market is characterized by the decrease in consumption (by 25% from 2013 to 2016), as well as excessive capacities. In 2016 bar consumption was on the level of 7.912 million tons, with capacities loading at 62%.…Details
In 2016 Asha Iron and Steel Works received 98.51 million rubles of net profits. According to the company statement, for the last 5 years it has been getting losses. Income in 2016 increased by 9%, to 18.92 billion rubles. Sales profit reached 1.43 billion rubles as opposed to 641 million rubles in 2015. The company…Details
The budget of Kyrgyzstan will get 2 billion soms from Shambesai project in form of tax deductions, the State Committee for Industry, Energy and Subsoil Use reported. It is noted that the day before Batken region hosted a round table to discuss Shambesai gold project. Issues of safety of gold mining technology, production impact on…Details
The effort to address the legacy of Soviet era uranium mining in Central Asia is making substantial progress, according to the EBRD News Center. Following the establishment of the multilateral Environmental Remediation Account for Central Asia (ERA) framework agreements have now been signed with Kyrgyzstan, Tajikistan and Uzbekistan, where the fund will operate. The operations…Details
The Belarusian science plays a key role in building a knowledge economy, Chairman of the State Science and Technology Committee of Belarus Alexander Shumilin said during the international symposium on various aspects of powder metallurgy, including surface engineering, new powder composite materials, and welding, on April 5. “Today the Belarusian science plays a key role…Details
The Directorate General of Anti-Dumping & Allied Duties (DGAD) of the Ministry of Commerce & Industry of India has assigned a market status to Ukraine in an antidumping investigation into supplies of cold-rolled steel. The Economic Development and Trade Ministry of Ukraine reported that the market status in the antidumping investigation where the ministry and…Details
The largest recipient of VAT refunds in March was Dneprovsky Iron and Steel Works, a part of ISD Corporation, with UAH 647.8 million, the State Treasury Service has reported. According to its data, it was closely followed by ArcelorMittal Kriviy Rih with UAH 637.54 million. The following four places occupied Zaporizhstal with UAH 494.7 million,…Details
The Moscow regional center of Severstal Distribution has won the tender to supply 1.1 thousand tons of A500S rebars with 8-36 mm diameter for the new gold mine at the Gross deposits, belonging to Nordgold. The company will have supplied the whole batch by the end of April. This is the second tender to supply…Details
The supervisory board of Azovstal Iron and Steel Works has reelected Enver Tskitishvili the company CEO.
His office has been prolonged from April 4, till April 2, 2018.
In 2016 Azovstal received 558.417 million UAH of net profits as opposed to 1.835 billion UAH of losses in 2015. (Ukrainian metal)
The Aluminum Association suggests creating a welding center on the basis of the Sespel CJSC. The issue was discussed during the chairman Valentin Tereschenko’s working visit to Cheboksary. “The Sespel Works has a good manufacturing base and technologies to process aluminum. The company uses the most advanced welding techniques. That is why we suggest creating…Details
Within the large-scale program of the Chelyabinsk Zinc Works reconstruction, the zinc electrolysis shop put into operation a new anode leveler. The cost of the new machinery is 1.2 million euro. The new machine is used to clean and level anodes every 20-40 days, as the cleaner and straighter the anode surface is, the better…Details
Evraz NTMK has started producing a new size of the I-beam for railroad car-building. The first trial batch with the weight of 300 tons has already been shipped to the customer. The new beam was produced at the order of Uralvagonzavod and has non-standard sizes. Neither Russian, nor foreign standards have such sizes and types.…Details
Rusal and Runaya Metsource, a company promoted by principal shareholders of Vedanta, have signed an agreement to create a joint venture on an equal basis in India (JV). The JV will set up a world-class facility, which specializes in the production of high technology aluminum pastes and powders with a wide range of high-end applications,…Details
Industrial output in the Donetsk region (not counting the antiterrorist operation zone) in January-February decreased by 2.4%, and in February – by 13.7% MoM and by 10.1% YoY. Coke output in February dropped by 31.2% MoM and by 33.6% YoY, metal – by 8.5% MoM, but increased by 3.9% YoY. In January-February – by 16%…Details
The Central Mining and Processing Works has purchased 5 MAZ buses. “5 new MAZ buses are en route today. Two buses will transport employees of the Petrovsky quarry, mining-transport shop No. 2 and the railroad transportation management shop. The geography is Alexandria, Zheltye Vody and other settlements in the destination of the Damansky district”, the…Details
Lermontovsky Mining and Processing Works has cleared salary debts to its employees, the Federal Union of Primorye krai reports. But the company is still idle. The situation was discussed at the meeting of the tripartite commission on March 30. The works was expecting 250 million rubles promised by the governor to resume operation. Lermontovsky GOK…Details
In 2017 Chelyabinsk Zinc Works, a part of UMMC, plans to produce 183 thousand tons of zinc, up from 174.8 thousand tons in 2016. According to the company PR-department director Natalia Vasilyeva, in 2016 output increased by 2.2% YoY. The ChTsZ daughter company in Kazakhstan, NovaZinc, produced 36720 tons of zinc concentrate and 5680 tons…Details