Karabashmed, a part of the Russia Copper Company, has assembled the last of the three new Kumera converters at its metal shop. Commissioning is scheduled for Q3. The first two converters were assembled in October 2017 under the modernization program. It will increase the company capacity to 150 thousand tons of raw copper per year,…Details
Toshkent Metallurgiya Zavodi (TMZ) and the Russian MetProm have signed an agreement with the Italian Danieli to supply a range of machinery to the Tashkent Iron and Steel Works, which is under construction. The works will receive a cold-rolling mill with the capacity of 500 thousand tons per year and the dip-galvanizing line and coating…Details
According to its program of machinery modernization Zaporozhkoks is carrying out a capital repair of the coke battery No. 5. The repair valued at 73 million UAH is expected to be completed by November. “As the result of the repair we will considerably increase the lifetime of the machine and improve its conditions. We will…Details
Zlatoust Electrometallurgical Works has mastered the technique to produce round rods of heat-resistant chromium-nickel-manganese steel of EP750-SH grade.
The rods have the diameter of 85-160 mm.
It should be noted that the first batch of EP750-SH steel rods was produced back in December 2017. (Ukrainian metal)
In January-April the throughput of Russian seaports totaled 260.1 million tons, up by 3.7% YoY.
According to the Association of Sea Trade Ports of Russia, coal throughput grew by 3.4%, to 49 million tons, and ferrous metals – by 11.1%, to 10.8 million tons. (Ukrainian metal)
In April railroad sales of rolled metal by NLMK to Russian customers and abroad reached 1.08 million tons, down by 9.8% MoM, but up by 5.5% YoY. In March the results were +19.2% and +3.4%, while in February –11.4% and +2.3% respectively. In January-April the company shipped 4.4 million tons of metal, up by 4.1%…Details
In April railroad shipping of rolled metal from Cherepovets Iron and Steel Works to its Russian customers and for exports totaled 764.2 thousand tons, down by 11.1% MoM, but up by 8.3% YoY. In March the results were +10.9% and –3%, while in February –14.1% and +2.2% respectively. In January-April the company sold 3.3 million…Details
In April MMK supplied 858.3 thousand tons of rolled metal to its customers, down by 7% MoM and by 2.7% YoY. At the same time, in January-April sales grew by 7%, to 3.6 million tons, the highest result in the past several years. Delivery to Russian customers increased by 16.4% YoY, to 2.26 million tons,…Details
If the Verkhovna Rada does not extend the scrap export duty and does not increase it to 42 euro per ton, it will have a catastrophic impact on the economy. According to the Ukrmetallurgprom chairman Alexander Kalenkov, in Q1 scrap export from Ukraine grew 3.5-fold YoY, which resulted in the shortage on the market. “And…Details
Irshansk Mining and Processing Works has ordered Mezhyrechensk Mining and Processing Works LLC the delivery of ilmenite valued at 174.36 million UAH. This year the company will have to supply 80 thousand tons of raw ilmenite concentrate with the ilmenite content of not less than 70%, TiO2 – 52-58% and the moisture level of not…Details
Corum Svet Shakhtera has produced a KA200 shearer for the Space Heroes mine (DTEK Pavlogradugol). According to the company statement, the shearer is used to mechanical remove coal from breakage faces. For the Space Heroes mine the Kharkiv machine-builders have constructed a special version of the machine. In particular it provides for the better watering…Details
In January-April Chukotka Autonomous District mined 225.8 thousand tons of coal, up by 13.2% YoY.
Beringpromugol and Ugolnaya Mine are the main coalmining companies in the region.
In particular, this year Beringpromugol intends to mine 600 thousand tons of coal.
Last year the region yielded 445.3 thousand tons of coal. (Ukrainian metal)
In January-April Neva-Metal, a part of the Severstal transport segment, handled 1.042 million tons of metal, down by 3% YoY.
According to the company statement, its container throughput totaled 22 thousand TEUs.
In 2017 the company handled 3.1 million tons of metal. (Ukrainian metal)
Severstal has chosen the supplier of the machinery for the foundry shop of the blast furnace No. 3 at the Cherepovets Iron and Steel Works. The total cost of the contract is over 28 billion rubles. Under the contract TMT GmbH (Germany) will supply all the necessary machinery. The first deliveries are expected in Q2…Details
Trubprom has mastered the manufacture of large diameter pipes of stainless steel. Last year the company passed a number of procedures and obtained the permission to supply its products to the Russian nuclear power plants. But this resulted in some difficulties, as the domestic flat stainless steel manufacturers could not completely cover all the company…Details
The consortium consisting of British Steel, Greybull Capital and Estonian Baltic Metal Holding is interested in KVV Liepājas metalurgs’ recovery, not the purchase of its assets, says Greybull Capital partner Daniel Goldstein. He refused to go into detail as to why the consortium exited from last year’s KVV Liepājas metalurgs sale process. He did say…Details
The prices of main precious metals decreased in Azerbaijan on May 16, according to the data published by the Central Bank. The cost of gold decreased by 28,594 manats, to 2200,208 manats per troy ounce compared to the price on May 15. The cost of silver decreased by 0.2945 manats, to 27.7177 manats per ounce.…Details
In April Zlatoust Electrometallurgical Works produced 5722 tons of liquid steel. All the electric steel shop sites have demonstrated increase in output. The rolling sector produced 4717 tons of blooms, up by 95 tons from the target, with stainless nickel-containing steel slab accounting for almost 800 tons. The slabs have been sent to Krasniy Octyabr…Details
In January-April Khabarovsk region obtained 4797.8 kg of gold, up by 8.5% YoY. Silver output totaled 16619.8 kg, down by 9%. The decrease has to do with the thinning of the Khakandzhinskoye deposits reserves. According to the regional Ministry of natural resources, silver output will continue falling. In 2017 Khabarovsk region obtained 23147 kg of…Details
Since the start of the year and as of May 15, Rosterminalugol has exported 8 million tons of coal. In 2017 the result was reached on May 17. The 8-millionth ton was a part of the batch loaded onto Post-Panamax bulker Proteas (83.5 thousand tons). The vessel has been the 13th at the terminal since…Details
Severstal Steel Ropes, a part of Severstal-Metiz, has developed an improved version of TU006 rope for the speed descent attraction. It features increased size of the plastic all-round compression, more wire and a unique core structure. These novelties make the rope smoother and more flexible, at the same time retaining its strength over the whole…Details
On March 24 a Zaporizhstal employee loaded ferrous scrap metal weighing 60 kg into his car and tried to drive with it out of the Balka Srednyaya. The thief has been detained by the security. The damage to the company was estimated at 455 UAH. On May 8 a Zaporozhye court fined the thief for…Details
In May iron and steel works in CIS countries increased wire rod price to $595-600 per ton FOB Black Sea from $580 per ton, according to Platts. Rebars became $20 more expensive ($560 per ton). The gap between prices of wire rod and rebars has widened to $35 per ton. One of CIS works has…Details
According to Victor Galasyuk, the chairman of the Verkhovna Rada committee on industrial policy, the situation with the provision of domestic metal companies with scrap is worsening, and immediate reaction of authorities is required. He reminded that in order to provide the stable operation of Ukrainian metal industry the Verkhovna Rada had increased the scrap…Details