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According to Evraz, metal wares market in 2017 will hit 1.9 million tons, up by 9% YoY. In 2018 it will grow by 7%, to 2.028 million tons. In the cold-deformed rebars and VR-1 wire segments Evraz occupies some 25%. This year the group intends to produce 435 thousand tons and 102.3 thousand tons respectively.…
DetailsBekart-Lipetsk LLC is starting the capacity increase project. Bekart started producing metal cord at its Lipetsk site in 2009. In 2013 the company began manufacturing steel fiber for construction. This September it was decided to increase cord capacity by 50%, to 35 thousand tons per year, and fiber – by 100%, to 40 thousand tons.…
DetailsMetallotechnika LLC, a part of Evraz, and the owner of 25.7834% of Yuzhniy Mining and Processing Works, has ceased being a shareholder of the company. Metallotechnika has sold all of its shares. As of Q2, the major shareholders of UGOK were Strettonway Traders&Consultants Limited, Acretrend Holdings Limited и Mint Data Holdings Limited (all – Cyprus),…
Details7 officials of the state enterprise Lvivugol have been accused of corruption by the Chervonograd local prosecutors. Without any important reasons they have untimely filled in the declaration on income and possessions on the official site of the National agency on corruption. They have all been fined for 850 UAH each. (Ukrainian metal)
DetailsThe state enterprise Yuzhnodonbasskoye No. 1 Mine Group has ordered the Makeevka Works “Fakel” the delivery of fire extinguishers valued at 2.03 million UAH. In 2017-2018 the works has to supply 600 mine extinguishers VP-8 at 2540 UAH apiece and 300 extinguishers VVSH9 at 1690 UAH apiece. On the open market such extinguishers are sold…
DetailsEuropean Commission has decided to impose a fixed tax on each ton of hot-rolled iron, alloyed and unalloyed steel originating from Ukraine, Russia, Iran and Brazil instead of minimal import prices. The fixed tax per ton will become the final protection against hot-rolled metal imports from these countries. The tax for Russian manufacturers will be…
DetailsIn January-August Novoshakhtinskoye Open Pit Group of Primorskugol LLC, a part of SUEK, shipped 1.738 million tons of coal from the Pavlovskoye deposits, up by 3.5% YoY. At present Primorskugol is constructing the Nekkoviy open pit at the Lipovetsky deposits. Its project capacity is 500 thousand tons of coal per year. The pit will be…
DetailsChelyabinsk Zinc Works has started negotiations with the owners of major ferrous metal plants, including MMK and ChMK, on the possibility of processing and recycling their zinc-containing dust wastes. According to the company EO Pavel Izbrecht, the current technologies allow to effectively and safely process these raw materials. In 2017 it is planned to obtain…
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