Russian metals giant Norilsk Nickel is working on a mechanism of settlements in rubles with foreign clients who are ready for that, a representative of the company reported.
“Some clients of Norilsk Nickel expressed readiness to make settlements in rubles. We are working on this issue with them,” the representative said. (Prime/Ukrainian metal)
Panyutino Wagon-Repair Works, a subsidiary of Ukrzaliznytsia (Ukrainian Railways) has ordered Metinvest-SMC LLC the delivery of metal valued at 55.88 million UAH. This year the company will supply 2520 semi-finished axles manufactured by Dneprovsky Iron and Steel Combine at 22176 UAH apiece. The price of the contract is 0.1% below the expected cost of the…
DetailsIn January-July Ukraine imported 730.9 thousand tons of rolled metal valued at $596.6 million, up by 10.1% and by 21.6% YoY respectively. The increase has to do with the growth of bars imports by 44%, to 306 thousand tons valued at $202.7 million, up by 66%. Flat rolled metal imports dropped by 1.2%, to 163.3…
DetailsVyksa Iron and Steel Works has successfully tested the machine to apply protective coating to the pipes in the casing pipe finishing shop. The new Venkajob machine will be used to coat pipes with the special UV-varnish to protect the metal surface from the environment impact and prevent corrosion in transit. During the tests the…
DetailsIn January-July Chukotka Autonomous District mined 364 thousand tons of coal, up by 41%. Beringpromugol LLC has contributed the most to the output increase. In 7 months the company mined 304.3 thousand tons of coal, up 2.3-fold YoY. Shakhta Ugolnaya decreased coal output by 43%, to 59.8 thousand tons. Last year the region yielded 445…
DetailsChelyabinsk Zinc Works is carrying out a program to modernize its capacities.
In particular, the specialists have started switching machinery of the rotary kiln No. 2 to rotary oxide calcination.
The framework of the building has been completely reconstructed.
The project will be finished in September.
The total cost is 410 million rubles. (Ukrainian metal)
Izhstal has passed the re-certification audit for the correspondence of its quality management system to ISO 9001:2015. The certificate increases the competitiveness of the company both on the domestic market and abroad. The inspection has been carried out TUV SUD. The company received its first quality management system certificate according to ISO 9000 in 2003.…
DetailsIn January-July exports of raw materials for metal industry grew by 42.2%, to 2.6 million tons, valued at $1.323 billion, up by 32.3%. Pig iron exports went up by 59.3%, to 1.767 million tons, with 175.5 thousand tons valued at $64.56 million exported in July, which was one of the lowest results since the start…
DetailsThe board of directors of Russian metals giant Norilsk Nickel has recommended paying 776.02 rubles per share, or a total of about 122.802 billion rubles in dividends for January-June, the company said in a statement. The shareholders will discuss the recommendation at an extraordinary meeting scheduled for August 27. The record date for the dividends…
DetailsNovocherkassk Electrode Works (NEZ) has put into operation a new line of pitch impregnation. The line will increase the output of electrodes with the diameter of 250 mm to 710 mm 2-fold, from 1500 tons to 3 thousand tons. The cost of the project is 172 million rubles. Until 2020 Energoprom will invest 2.6 billion…
DetailsSmart Maritime Group has shipped to the customer the first batch of metal structures produced under the contract to assemble three thickener tanks for Yuzhniy Mining and Processing Works with the combined cost of 175 million UAH. So far 180 pillars have been sent to the city of Krivoy Rog. All of them have been…
DetailsEnergomashspetsstal has supplied a batch of supporting rolls for ArcelorMittal. The companies have been cooperating since 2001. This time EMSS shipped rolls to AM Atlantique et Lorraine Seremange HSM (France), AM Bremen GmbH (Germany), AM Espana SA (Spain) и AM Poland S.A. (Poland). The combined weight of rolls to be used in cold- and hot-rolling…
DetailsEnergomashspetsstal has shipped another batch of slag ladles to ArcelorMittal Temirtau.
The batch included 3 slag ladles with the total weight of 67.6 tons.
Each ladle has the volume of 16 cubic meters.
EMSS has been producing slag ladles since 1987. The first ladle castings were supplied to Taganrog Iron and Steel Works. (Ukrainian metal)
Uralmashzavod has concluded a contract with Karelsky Okatysh to supply a gyratory crusher with improved performance and crushing quality. The modernized crusher with the weight of 430 tons will be able to process 5 thousand tons per hour. And the size of the ore should not exceed 250 mm. At present Karelsky Okatysh is using…
DetailsElectrozinc has started preparations for the tender to design a new zinc electrolysis shop. Within this project Outotec (Finland) representatives visited the company. The new shop with the capacity of 96 thousand tons of zinc will replace the shop built in 1934. 3 companies intend to participate in the project: Outotec, Engitec Technologies (Italy) and…
DetailsNLMK has finished assembling new machinery under the project to expand the shipping sites in the hot-rolling shop. The increase of the area to process rolled metal and the development of the infrastructure will create a reserve of hot-rolled coils for the periods of seasonal fluctuations of demand. NLMK supplies hot-rolled metal in coils and…
DetailsCherepovets Iron and Steel Works has started construction works within the project to modernize hydraulic roll screwdowns of edging stands and horizontal stands of the mill-2000 in the sheet-rolling shop No. 2. Investments in the project total 1 billion rubles. At present the general contractor is constructing foundation pits for the pump stations and prepares…
DetailsFrom next week Severstal and NLMK will increase the purchasing price of rolled sheet following the growth of the export alternatives. In particular, the price of NLMK cold-rolled sheet with the thickness of 1 mm of 08ps steel will be 52 thousand rubles per ton CPT Moscow, up from 50.5 thousand rubles this week. Severstal…
DetailsThe state enterprise Yuzhnodonbasskaya Mine No. 3 named after Surgay has put into operation a new long face. “The reserves total 518 thousand tons, enough for half a year work. Daily output is expected at 1.2 thousand tons”, the Donetsk regional military-civilian administration chairman Alexander Kuts posted on his Facebook page. In January-June the enterprise…
DetailsSeverstal has supplied some 700 tons of liquefied natural gas tank structure components made of cold-resistant low-carbon steel with 9% nickel contents for the construction of the manufacturing complex in Leningrad region. In 2017 Severstal was the first in Russia to start producing this steel at Cherepovets Iron and Steel Works at mills-2800 and 5000.…
DetailsThe rail and beam shop of the Chelyabinsk Iron and Steel Works has set a new record on daily rail production. The mill produced 3.3 thousand tons of rails during the day with the average daily output of 2.9 thousand tons. This is not the first record of the shop. In November 2017 daily rail…
DetailsAccording to the Ministry of the Nation Economy Statistics Committee, in July Kazakhstan produced 0.3767 million tons of steel, down by 14.1% YoY. In January-July steel output grew by 0.2% YoY, to 2.687 million tons. Flat rolled metal manufacture increased by 7.2% YoY, to 1.738 million tons, with 0.277 million tons produced in July, up…
DetailsAt Magnitogorsk Iron and Steel Works (MMK), the total economic impact of the introduction of innovative proposals amounted to 269 million rubles in the first half of 2018. In the first six months of the year 2,533 ideas were examined by expert committees. 1,857 ideas, or 73.3% of the submitted ideas (63.8% in H1 2017),…
DetailsThe first stage of the modernization of the sandwich-panel production line was completed at the MMK Trading House production site in Shelkovo (the Moscow region). In early August together with representatives of the Italian company “Magma”, specialists of the company commissioned a new glue system. This equipment improves the quality of the gluing process, allowing…
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