In January-September Ingulets Mining and Processing Works produced 8.4 million tons of iron ore concentrate, up by 0.9% YoY. In September output totaled 918 thousand tons. This year InGOK intends to produce 10.8 million tons of concentrate, down from 10.9 million tons last year. (Ukrainian metal)Details
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In July-September Yakutugol increased coal output by 2% QoQ, to 1.7 million tons. Rock excavation grew by 7%, to 12.5 million cubic meters. “Our employees are continuing implementing one of our chief goals – raising the volume of excavation works. For this we have carried out a major modernization – we have replaced our mining…Details
Chelyabinsk Iron and Steel Works has produced a wide range of rolled metal for the construction of major road infrastructure in Moscow. In particular, rebars, sheets and flanged beams were used in the construction of the southern alternate route to Kutuzovsky avenue, as well as northeastern and southeastern spans. Some 6 thousand tons of metal…Details
In January-September Severniy Mining and Processing Works increased pellets output by 1% YoY, to 6.55 million tons. Concentrate manufacture grew by 13.4%, to 9.15 million tons. In September SevGOK produced 422 thousand tons of pellets and 923 thousand tons of concentrate. (Ukrainian metal)Details
In January-September Ukrainian ports transshipped 18.3 million tons of iron ore raw materials, up by 35% YoY. At the same time export growth rate in September dropped by almost 2%. In 8 months transshipment grew by 36.9% YoY, to 16.3 million tons. Yuzhniy port increased throughput by 43%, to 15.5 million tons and port Chernomorsk…Details
In September Izhstal increased steel and rolled metal output. In particular, steel manufacture grew by 3% YoY, to 18.3 thousand tons, and rolled metal – by 4.5%, to 29.8 thousand tons. The company has mastered the manufacture of 800 steel grades. It can produce rolled metal with round (6.5-200 mm), square, hexagonal and strip sections.…Details
By the decision of the World Steel Association members at the annual meeting the Corporation of the Ferrous Metals Manufacturers (Chermet Corporation) has been accepted as an affiliated member. This category is reserved for industry associations, as well as scientific and technical organizations acting in the interest of developing the metal industry. The membership in…Details
Cherepovets Iron and Steel Works (CherMK), one of the largest integrated steel plants in the world (a part of Severstal’s Russian Steel division), has announced plans to increase the amount of electricity it generates using by-product industrial gases. CherMK consumes 5.9 billion kWh of electricity per year, 78% of which the plant generates itself. As…Details
Metalloinvest has signed an agreement with MUFG for ECA-backed financing in the amount of EUR 9.9 million. The loan will be used for the technical re-equipping of CCM-3 at OEMK, with the equipment supplied by Inteco melting and casting technologies GmbH. Insurance cover will be provided by Oesterreichische Kontrollbank AG, the Austrian export credit agency.…Details
In January-September TMK decreased pipes sales by 2% YoY, to 2.93 million tons, mostly due to the drop in sales in the American division. Sales of seamless pipes went down by 1%, to 2.003 million tons, and welded – by 5%, to 927 thousand tons. Sales of OCTG pipes decreased by 4%, to 1.364 million…Details
In January-September Tulachermet decreased pig iron exports by 7.2% YoY, to 1.37 million tons. In particular, deliveries to the USA dropped by 8.6%, to 877 thousand tons, and to Turkey – by 28.5%, to 110 thousand tons. At the same time exports to Spain resumed (they were stopped in October 2017) and reached 90.2 thousand…Details
The Antimonopoly committee of Ukraine has fined Corum Ukraine for 53 million UAH and the scientific and manufacturing company Mining Machines for 3.3 million UAH for the breach of the legislation on economic competitiveness protection. The AMCU found out about the violations at the three auctions held by the state enterprise Lvivugol, in which the…Details