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Beloretsk Iron and Steel Works has repaired and commissioned one of the main shops – rolling mill-150. 90% of the products manufactured there are processed at the steel wire shops of BMK. All the repair work was complete in 8 days. The rolling mill-150 specializes in the manufacture of high quality wire rod with the…
DetailsThe Metal Wares Trading Company forecasts changes in prices from November 1. Construction nails will become some 5% cheaper, and wire – 2-3%. MTK believes that the price drop could be larger, but many manufacturers report decreasing output by up to 40%. Thus, the company believes the market will not repeat the sharp price fall…
DetailsThe arbitrary court of Chelyabinsk region declared Ufaleinickel bankrupt following the claim of Rost-bank because of the debt of 202.6 million rubles. The total debt of the company to the bank is 14.6 billion rubles. In August the company shareholders decided to shut down Ufaleinickel. (Ukrainian metal)
DetailsSince the beginning of the year Mednogorsk Copper and Sulfur Works has sent 1136 tons of ferrous scrap valued at 12.6 million rubles to Nadezhdinsky Iron and Steel Works and Electrostal Tyumeni. The main source of scrap is disassembly of old machinery and metal structures. One of the latest objects to be disassembled and turned…
DetailsMMK has successfully confirmed the correspondence of its energy management system to the ISO 50001. The certification was obtained in September 2016. According to the company statement, the supervisory audit has confirmed that since the certification the energy management system has been corresponding to the standard and no inconsistencies have been found. The auditors have…
DetailsIn September Russia produced 6.025 million tons of steel, up by 5.8% YoY (6.226 million tons in August). In 9 months steel output totaled 54.203 million tons, up by 2.8% YoY. In September Ukraine produced 1.845 million tons of steel, down by 0.8% YoY (1.905 million tons in August). In January-September steel output totaled 16.138…
DetailsIn September Russia produced 4.26 million tons of pig iron, down by 11.9% YoY (4.4 million tons in August). In 9 months pig iron output dropped by 15.9% YoY, to 38.736 million tons. Ukraine produced 1.6 million tons of pig iron, down by 12.9% YoY (1.66 million tons in August), with 14.466 million tons in…
DetailsThe Mine named after Matrosov, a part of Polyus, has announced a tender to select a subcontractor for additional prospecting at the Natalka gold deposits. Offers are accepted through November 4. The first stage of the mining and processing works commissioning at the Natalka deposits was in September. JORC reserves of the Natalka are estimated…
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