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ArcelorMittal Kriviy Rih has started the next stage of its project of continuous cast shop No. 2 construction. The company invests $72.4 million into construction. The capacity of the new CCM will total 1.3 million tons per year. The construction of the shop is a part of the steel-smelting complex modernization, which presupposes the complete…
DetailsIn January Russia produced 3 thousand tons of structures and parts of aluminum. According to the Federal Service of State Statistics, this is up by 14.9% YoY, but down by 32.2% MoM.
DetailsThe Ministry of foreign affairs has prepared a decree that will toughen sanctions against North Korea. In particular, the draft presupposes the prohibition of delivery from North Korea of copper, nickel, silver and zinc and their transportation through the territory of Russia. Coal and iron ore purchases could be excluded from the list, if they…
DetailsIn 2017 Russian Railroads expect the delivery of 1 million tons of rails. All the products are purchased from Russian manufacturers. Evraz is planned to supply up to 700 thousand tons of rails, and Mechel – 330 thousand tons. Rails are used by RZhD for new construction as well as for repairs. In 2016 Russian…
DetailsThe Federal Antimonopoly Service has again postponed the hearing of the rebars price increase case. This time the hearing has been postponed till April 3. On July 21, 2016 FAS started the case on antimonopoly legislation violation on rebar market against Evraz, Severstal and Chelyabinsk Iron and Steel Works, a part of Mechel. The price…
DetailsThe Kirov Non-ferrous Metals Processing Works has put into operation the new line of coil milling by MINO (Italy). The investments into the project totaled 50 million rubles. This is an important stage of the large-width rolled metal production program. The line allows milling surfaces with the width of up to 1050 mm. This will…
DetailsThe total throughput of the Novorosiisk Sea Trade Port in January increased by 6.4% YoY, to 12.67 million tons. In particular, iron ore raw materials throughput dropped by 15.9% YoY, to 177 thousand tons, that of coal – increased by 45%, to 178 thousand tons. Ferrous metals throughput went up by 6.2%, to 963 thousand…
DetailsSeverstal has started transferring quality certificates into digital format with digital signature. No other major metal company in Russia has done this so far. The specialists of the sales and technical control finalize the testing of the pilot project at Cherepovetsk Iron and Steel Works. “Paper certificates take up a considerable document workflow of the…
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