In January-June Neva-Metal CJSC (stevedoring company of Severstal) handled about 1.6 million tons of cargo, which is close to the result of January-June, the company said. In the reporting period, the company’s container throughput totaled about 48,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal…Details
Ukraine’s Cabinet of Ministers has created an interagency working group to tackle the crisis situation in coal industry. Resolution No. 450 dated June 21 has been posted on the government’s website. The deputy prime minister of Ukraine has been appointed head of the group and the energy and coal industry minister is his deputy. (Interfax-Ukraine/Ukrainian…Details
The auction to prospect, develop and mine gold at Kedrovskiy site in Khakasia failed, as there was only one offer – from ZapSibNK LLC.
The starting price of the site with the reserves of 77 tons was 60.946. The license would have been granted for 25 years. (Ukrainian metal)
In June Russian metal companies shipped 1.15 million tons of metal to the local market via railroad, down by 7% MoM and by 0.8% YoY. In May deliveries increased by 6.9% MoM and by 0.7% YoY. In January-June railroad deliveries of metal totaled 6.87 million tons, up by 2% YoY and by 0.7% from the…Details
The Good Price Appraisal Company has evaluated the assets of Guryevsk Iron and Steel Works (Kemerovo region). According to the company, GMK assets are valued at 822.66 million rubles. The works is in the bankruptcy proceedings, and the court hearings are scheduled for November 14. The real estate of the works is estimated at 6.47…Details
The repair of the copper furnace at Kyshtym Electrolytic Copper Plant has been finished in advance. The annual repair was expected to last for 112 hours, but was finished 6 hours earlier. The 64 employees of the company in three shifts removed 300 tons of refractories and then assembled 300 tons of new brickwork. (Ukrainian…Details
Ural Turbine Plant will supply a steam turbine T-42/50-2.9 to Magnitogorsk Iron and Steel Works. The turbine, capacitor, generator, heaters, pump equipment and pipelines will be assembled at the central electric plant of MMK. All the machinery will be supplied in Q2 2018. The new turbine will replace the AT-25 turbine, produced by the Ural…Details
Chelyabinsk Iron and Steel Works has received the certificates of correspondence of two rebars types to the Belarus standards. The certification allows ChMK to supply rebars to Belarus. The BelCertificate specialists checked the manufacturing process at ChMK and inspected the technological chain of the production of S240 rebars with 8-22 mm diameter and S500 rebars…Details
The NLMK Group bars division has opened up its first retail warehouse in Yekaterinburg. The new site will allow the company to supply small batches of rolled metal and metal wares to its clients. The first sales have already taken place. The warehouse boasts two cranes with the lifting capacity of 10 tons, a large…Details
In January-June the Metallokonstruktsia works exported 338 million rubles worth of metal structures, up by 35% YoY.
According to the Ulyanovsk regional administration, the company is one of the major local exporters.
At present the company is finishing construction of the new galvanizing shop. (Ukrainian metal)
Buribay Mining and Processing Works, a part of UMMC, expects to receive 222.8 million rubles of net profits in 2017, down by 4.4% YoY. Revenue is expected to increase by 10.5%, to 1.45 billion rubles. This year the company plans to decrease concentrate manufacture prime cost and improve its quality (copper contents to 20%, while…Details
Electrozinc has started testing the new ball mill at the hydrometallurgical shop. The company aims at decreasing environment impact, increasing the zinc solution quality and as the result decreasing expenses to 43 million rubles per year. The results of the new mill operation are positive – the grinding reaches the necessary 0.1 mm, and the…Details
In January-June Ferrexpo, owner of Poltava and Yeristovo Mining and Processing Works, decreased iron ore pellets output by 9.8% YoY, to 5.16 million tons. According to the group, the 65% Fe content pellets output decreased by 8.5%, to 4.902 million tons, that of 62% Fe content – by 29.1%, to 257.9 thousand tons. The manufacture…Details
In 2016 Metinvest paid over 465 million UAH of environment tax. According to Mariupol Ilyich Iron and Steel Works CEO Yuri Zinchenko, the works’ share was 72.5 million UAH. At the same time he doubts the efficiency of dividing the environment tax and using it, as 25% of the tax goes to the local budget,…Details
Severstal Distribution has won a tender to supply 900 tons of rebars to the sites 7-8 of the M-11 Moscow – Saint Petersburg federal highway. The metal has been delivered to the partners of the general contractor of the construction Ichtash Astaldo: Stroyuniversal-Invest LLC and Trest Hydromontazh. The rolled metal, supplied by the Severstal Distribution…Details
The government of Ukraine will ask the president to sign the decree on the extension of the scrap export duties of 30 euro per ton, the Prime Minister Vladimir Groysman said in London. “Under the military aggression Ukraine needs metal to provide for its own defense”, he said. In September 2016 the president Petr Poroshenko…Details
In January-June Ukraine increased ferrous metals exports revenue by 21.9% YoY, to $4.081 billion. According to the State Fiscal Service, ferrous metals exports amounted to 19.77% of all export revenue as opposed to 20.13% in H1 2016. In June Ukraine exported $703.436 million worth of ferrous metals. Imports in 6 months increased by 37.7%, to…Details
According to the results of the “Best Kazakhstani Product-2017” competition ArcelorMIttal Temirtau was among the winners of the “Best industrial product”. The company cold-rolled metal was named one of the best products. The local contents in the cold-rolled metal exceed 90%, while exports reach 90%. AMT intends to start producing channels and improve its position…Details
In January-March trade turnover with Russia increased by 34%, to $3.384 billion.
Exports increased by 26%, to $1.67 billion, and imports – by 43%, to $1.714 billion.
Ferrous and non-ferrous metals exports amounted to $283 million, up by 80%. (Ukrainian metal)
In 2018 the Kazakhmys Corporation LLC intends to put the Karashoshak mine into operation. “It was an open-pit copper mine, but now all the mining will be done underground. The ore lies deep, so it’s easier and more efficient to mine it that way”, the company said. The construction of the mine started in 2016.…Details
The Central Mining and Processing Works has implemented an energy saving model, which would decrease the product prime cost. According to the company CEO Dmitry Shevchik, it now uses frequency regulation systems. They allow decreasing electricity usage and increasing the lifecycle of the equipment. At present the company operates 12 electric devices to control pumps,…Details
The miners of the DTEK Pavlogradskoye Mine Group have yielded 2 million tons of coal ahead of plan. In 2016 the enterprise put 6 new long faces into operation and invested 471 million UAH, which allowed it to reach such results. This year the company intends to put 3 more long faces into operation and…Details
Baikalrud LLC intends to construct a Yugo-Zapadniy mine at the Noion-Tologoyskoye polymetallic ore deposits. “Its projected capacity will be 850 thousand tons of ore per year. Earlier we were allowed to start constructing the Yugo-Vostochniy mine with the capacity of 350 thousand tons. It is being constructed. In 2019 we intend to put both of…Details
The Department of the home market protection of the Eurasian Economic Commission has published a report on antidumping investigation as to hot-rolled steel angles originating from Ukraine. The department says that in 2013-2015 the decrease in consumption of the products was 16.7%, the decrease of imports – 41.3%, of manufacture – 16.8%, sales – 16%,…Details
In June the Pipe Works named after Makarov “Profil-Akras” produced 16830 tons of pipes and sold 16200 tons.
In July the company intends to produce and sell 20 thousand tons of pipes.
In January-June the works produced 63 thousand tons of pipes and sold 65 thousand tons. (Ukrainian metal)
The United Mining and Chemical Company has paid 321.848 million UAH of dividends for 2016 to the state budget. This is the largest payment of the type to the state budget in all the company history. This payment has been possible thanks to the increase of profit. If in 2015 UMCC received 630 million UAH…Details