Russia: NLMK Group 2016 results

In 2016, NLMK Group steel output increased by 4% YoY to a record 16.6 million tons; sales totaled 15.9 million tons (stable YoY). Group steelmaking capacities in 2016 were running at 96%, up by 3% YoY. Q4 2016 sales totaled 3.6 million tons (down by 4% YoY); steel output grew by 8% to 4.2 million…

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Ukraine: scrap deliveries from Chernobyl zone suppressed

Law enforcers together with the military have suppressed the delivery of 80 kg of scrap from the exclusion zone of the Kiev region.

In mid-January 3 Ukrainians were stopped some 100 meters from the exclusion zone while transporting around 80 kg of scrap.

The investigation revealed that they were stocking scrap to sell. (Ukrainian metal)

Russia: ZTZ wins Yamal SPG pipe tender

Zagorsky Pipe Works has won a tender to supply pipes to Yamal SPG.

The company has to deliver 10 thousand tons of pipes with 530×25 mm and 530×28 mm size of X70 steel with insulation.

The pipes will be used in construction of the second stage of the Yuzhno-Tambeysk gas condensate deposits. (Ukrainian metal)

Russia: MMK the largest scrap consumer in 2016

In 2016, according to the railroad statistics, Magnitogorsk Iron and Steel Works received 2.15 million tons of ferrous scrap.

The deliveries increased by 20.2% YoY, and slightly exceeded the 2013 level. Still they were 15.5% below 2014 results.

After NLMK-Kaluga MMK has the second largest index of positive scrap consumption in 2016. (Ukrainian metal)

Russia: Severnoye Olovo to be liquidated

Severnoye Olovo, managed by Roman Abramovich’s Aristus Holding Ltd, decided to stop operating. The company had a license through 2028 to work at the largest tin deposits in Russia – Pyrkakai in Chukotka Autonomous District, but gave it up in November 2016. Pyrkakai reserves are estimated at 228.5 thousand tons of tin (the fourth place…

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