In Q3 Novinsky Metal Structures Works produced 4130 tons of welded trusses and columns.
The trusses have been manufactured for the Moscow region construction companies.
The company used metal of various grades depending on the order and the usage of trusses. (Ukrainian metal)
In 2017 Beloretsk Iron and Steel Works has started manufacturing 20 new metal wares: wire, ropes and belt types for various industries. Trial batches have been shipped to customers. In particular BMK has produced a 3.2 mm galvanized wire for a cable company, as well as 6- and 8-strand ropes according to API 9A for…
DetailsCherepovets Iron and Steel Works has finished the repair of a unit of air heaters (cowper stoves) of the blast furnace No. 5 (“Severyanka”). Under the investment program CherMK has repaired 4 cowper stoves. Investments exceeded 2.3 billion rubles. The constructors have assembled over 4.5 thousand tons of metal structures and laid more than 18…
DetailsGazprom believes the price of large diameter pipes for the surface part of Nord Stream 2 is too high. The pipes suppliers have already received the corresponding letters. The order was issued on April 19, 2016. Gazprom intended to by 501.6 thousand tons of large diameter pipes. The total cost of the contract is 56.8…
DetailsNLMK Group, an international steel company with operations in Russia, the USA and the European Union, has begun construction and assembly works at energy infrastructure and gas treatment units at steelmaking shop (BOF Shop) No. 2 (its current capacity is 8.5 million tons per year) as a part of a large-scale upgrade of blast furnace…
DetailsRussia will auction a license to develop the large tungsten and molybdenum field Tyrnyauzskoye in the republic of Kabardino-Balkaria until the end of 2017, the region’s head Yury Kokov said. “The auction for provision of a license for development of the Tyrnyauzskoye field is scheduled for December 28-29. State corporation Rostec will participate in it…
DetailsU.K.-based mining giant Evraz, which operates mainly in Russia, has temporarily suspended operation of the Yesaulskaya coal mine in the Kemerovo region due to a recent rockslide, the Energy Ministry said in a statement on December 21. The rockslide occurred in a blind ventilation drift on December 20, and 97 out of 100 miners evacuated…
DetailsMechel has signed a memorandum for the delivery of coal to one of the largest cement manufacturers in the world – Jidong Cement (China). According to the document, Mechel will supply up to 3 million tons of energy-generating coal mined at the Elga and Neryungrinsky pits. The price will be determined each month. “Jidong Cement…
DetailsThe authorities of Chelyabinsk region will not provide Chelyabinsk Pipe Works with state guaranties for the third time to cover its obligations to buy metal from Magnitogorsk Iron and Steel Works. According to the regional ministry of finances the company has no necessity to get such a guarantee. The regional state guarantee was granted to…
DetailsIn January-September Metinvest B. V. (the Netherlands) sold 3.363 million tons of metal valued at $1.843 billion on the European market as opposed to 3.541 million tons at $1.447 billion in 9 months of 2016. According to preliminary results for January-September, in Ukraine the group sold 2.019 million tons of metal at $1.214 billion against…
DetailsThe Magnezit Group, the largest manufacturer of refractory materials in Russia, has signed a memorandum of cooperation with Mitsui Bussan Metals Co Ltd (Japan) on the delivery of 4 thousand tons of refractories by 2020. In particular, the companies intend to conclude a long-term contract for the delivery of 4 thousand tons of fused magnesia.…
DetailsIn November Ukraine decreased steel output by 4.9% YoY, to 1.85 million tons, having retained the 13th place among 66 countries – main steel producers, according to Worldsteel. Ukraine lags behind Taiwan with 1.9 million tons, up by 8.6% YoY. The rating is headed by China with 66.151 million tons produced in November, up by…
DetailsMagnitogorsk Iron and Steel Works was awarded by Russia’s Ministry of Natural Resources and the Environment for its active environmental protection policy. Government experts awarded MMK top marks for its large-scale environmental projects this year. The awards ceremony took place on December 12 at the Ministry’s Federal Environmental Council in Moscow. MMK’s Director of Occupational…
DetailsThe state enterprise Lvivugol has ordered Zakhist Trade LLC the delivery of mining rescuing equipment valued at 25.45 million UAH. This year the company will supply 2679 self-rescuers manufactured by Dezega SP (Turkey) at 9500 UAH apiece. In June the state enterprise Selidovugol ordered another company the delivery of the previous version of these self-rescuers…
DetailsZaporozhye Titanium and Magnesium Works has ordered Mars-A LLC the delivery of coal valued at 8.98 million UAH. This year the company has to supply 1500 tons of AM coal at 5986 UAH per ton, or $226 per ton. In October the same company sold coal of unknown grade to ZTMK at 5405 UAH per…
DetailsMetinvest consolidated revenue in January-September increased by 36% YoY, to $6.222 billion. “This has to do mostly with the growth of metal products and iron ore prices”, the group said in a statement. The increase of demand resulted in the growth of flat rolled metal sales by 433 thousand tons, slabs by 121 thousand tons,…
DetailsSKAD Casting-Mechanical Plant (Krasnoyarsk region), one of the largest aluminum alloys wheels manufacturers in Russia, this year has increased output by 27% YoY, to 1.2 million wheels. So far exports account for 40% of sales. In 2018 the company will increase investments in modernization and development. This will allow SKAD to increase output by 200-250…
DetailsDuring a tour of the ECOTECH 2017 Exhibition, RF Minister of Natural Resources and Environment Sergey Donskoy and Honorable Forum delegate, UN Deputy Secretary General, Executive Director of the United Nations Program for the environment Erik Solheim visited the RCC stand. The minister described the RCC Exhibition to the high-ranking guest as an example of…
DetailsThe supervisory board of Yuzhniy Mining and Processing Works has appointed Elena Sherstyuk, the ex-financial director of Evraz Sukhaya Balka, a member of the board. The decision was taken on December 15. Sherstyuk has replaced Anna Orlova, who in 2006-2011 was the financial department director at Zapadnosibirsky Iron and Steel Works, in 2011-2014 a member…
DetailsIn January-September Metinvest EBITDA grew by 39% YoY, to $1.373 billion mostly thanks to the mining segment share increase by $653 million. Metal segment EBITDA dropped by $273 million. “The increase of the consolidated EBITDA mostly has to do with the sales prices growth on the background of sales to such strategic markets as Europe,…
DetailsIn January-September Metinvest increased capital investments by 55% YoY, to $308 million. The mining segment accounted for 55% of investments as opposed to 48% in January-September 2016, while metal segment for 43% (51%). Investments in the metal segment went to Mariupol Ilyich Iron and Steel Works and Azovstal. While mining investments were transferred to Severniy…
DetailsNLMK Group, an international steel company with operations in Russia, the USA and the European Union, expands the perimeter of its “Steel Tree” environmental program and announces the launch of target grant allocation to local communities and NGO’s in Lipetsk region, Stary Oskol (Belgorod region) and Zarinsk (Altai region), where NLMK’s key companies are located.…
DetailsRosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, has exported 24 million tons of coal this year. The milestone ton was loaded on December 18 onto the Panamax bulk carrier Orange Harmony, the 332nd vessel handled from the year beginning…
DetailsPolymetal has started mining gold and silver-containing ore at the Olcha deposits in Magadan region. This year the company intends to extract 9.5 thousand tons for processing. Estimated reserves of the deposit are 400 thousand tons of ore with the average content of gold at 8.6 g per ton and silver – 22 g per…
DetailsMetinvest is pondering the construction of the complex to manufacture rolled metal with polymer coating. According to the marketing director Roman Kurashev, the group could construct two lines with the capacity of 120-150 thousand tons each. Moreover, the group is also discussing the creation of the galvanized line with the capacity of 300 thousand tons.…
DetailsArcelorMittal Kriviy Rih intends to expand the geography of its sales in Africa, while the share of its sales in CIS is decreasing. “We have recently opened a delivery channel to the countries of East Africa. We have organized an office in Tanzania to supply metal to Uganda, Rwanda, Ethiopia, Tanzania and Kenya”, the company…
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