Danieli & C. Officine Meccaniche S.p.A (Italy) and Baku Steel Company (Azerbaijan) have signed an agreement to invest 1.225 billion euro into the creation of the new iron and steel complex of 5 works. “Sumgait will see the construction of 5 works in 3 years”, the economy minister Shakhin Mustafayev said. The project will create…Details
Robert Reisetbauer, a member of the supervisory board and the vice-president of the PriMetals Technology (Austria), has chaired a round table on the steel smelting reconstruction and the construction of the hot-rolled coils production complex at Zaporizhstal. He believes that the environment technologies applied at the project will meet the best practices. “We would use…Details
In December StalTrans intends to sell 2.6 thousand tons of metal wares, up by 11% MoM. According to the company statement, the main increase is expected in wire – by 16% MoM, to 1.6 thousand tons. Nail supplies will not change considerably and will total around 0.8 thousand tons. In January-November the company supplied 36…Details
Major Ukrainian ferroalloy companies (Nikopol and Zaporozhye Ferro Alloy Works), as well as Ordzhonikidze and Marganets Mining and Processing Works, all parts of the Privat Group, continue operating according to their manufacturing plans. Earlier due to the nationalization of PrivatBank the companies accounts were blocked. PrivatBank also managed Stakhanov Ferroalloys Plant, ZZF, MGOK and OGOK…Details
In late 2016 Severstal Distribution opened a new metal warehouse in Rostov region – in the city of Bataysk. The warehouse boasts the covered area of 1 thousand square meters with the 10-ton crane and the open area of 6500 square meters with two 15-ton cranes. The site will be used to sell metal to…Details
The Supreme Commercial Court of Ukraine has satisfied the cassation appeal of ArcelorMittal Kriviy Rih. According to the company statement, the court decision cancels the decision of the Dniepropetrovsk Commercial Court of Appeals, while the decision of the Commercial Court of the Dniepropetrovsk region that prohibited the prosecutors from claiming 72.69 million UAH of damage…Details
In November steel pipes output in Ukraine decreased by 3.7% MoM, or by 3 thousand tons, to 78 thousand tons.
In January-November Ukraine produced 782 thousand tons of steel pipes, up by 0.6% YoY, or by 5 thousand tons. (Ukrainian metal)
In 2016 Beloretsk Iron and Steel Works, a part of Mechel, increased galvanized rope wire deliveries to cable companies by 32% YoY, to 2.5 thousand tons. BMK supplies galvanized rope wire with 0.75-2.5 mm diameter to 8 local cable works. The wire is corrosion-resistant and is used to armor cables for oil and gas industry.…Details
In 2016 Interpipe increased its range of products for oil and gas industries by starting producing short reducers. According to the company statement, reducers are used to get the correct length of casing or compressor pipes, when the standard pipe is not enough. Now Interpipe produces 60.3-339.7 mm diameter and 0.6-5 m length short reducers…Details
Evraz ZSMK has started producing 60E 1 rails with 100 m length. Evraz became the first company in Russia to produce these rails. Evraz is also working on improving logistics to increase geography of delivery. 60 E1 rails can be used both for passenger transportation and for cargo transportation. At present Evraz ZSMK can produce…Details
In January-September the United Mining and Chemical Company produced 220 thousand tons of ilmenite concentrate, up by 11% YoY. According to the company statement, rutile concentrate output went up by 3.9% YoY, to 39.4 thousand tons, while that of zirconium concentrate increased by 6.8% YoY, to 20.8 thousand tons. Because the world titanium raw materials…Details
In January-October Kazakhstan exported 285.3 thousand tons of coated rolled metal to Russia, up by 9.2% YoY. Galvanized steel exports went up by 13.3% YoY, to 193.1 thousand tons. The average price for galvanized steel on the border between Russia and Kazakhstan in October totaled $725.7 per ton, up by 30% YoY. Polymeric-coated steel exports…Details
The European Union has imposed a 12.5% antidumping duty on rebars and rolled wire produced by the Belarus Iron and Steel Works for 5 years. The duty was imposed following the complaint of Eurofer. The volume of the duty is preliminary, the investigation will last for 6 months. According to the statement, the Belarus rebars…Details
In November bulk 6% moisture coke output in Ukraine decreased by 6.7% MoM, or by 70 thousand tons, to 978 thousand tons.
In January-November Ukraine produced 11725 thousand tons of bulk coke, up by 10.9% YoY, or by 1153 thousand tons. (Ukrainian metal)
The Republic of Khakasia intends to start producing steel rope at the Abaz monocity.
The project presupposes the creation of 2 lines to produce 3.5-35 mm diameter rope (GOST 2688-80, 7688-80, 3077-80).
Siemens will supply the equipment. Steel rope production will start in 5 years. (Ukrainian metal)
NLMK Group, an international steelmaking company with operations in Russia, the USA and EU member states, announces the appointment of Renaud Moretti as CEO of NLMK Europe Strip, the division that includes NLMK La Louviere, NLMK Strasbourg and the service center NLMK Manage. The division was previously managed by Ben de Vos, who is now…Details
In January-November ArcelorMittal Kriviy Rih produced 5.146 million tons of rolled metal, 5.727 million tons of steel and 5.535 million tons of pig iron, all up by 7.7%, 5.1% and 12% YoY respectively. Sinter output reached 9.55 million tons, that of coke – 1.84 million tons, up by 8.9% and 6.2% YoY respectively, while iron…Details
In January 2017 Ukraine will produce 2 million tons of steel, 2 million tons of pig iron and 1.8 million tons of rolled metal, according to Ukrmetallurgprom. For December the company forecast 2 million tons of pig iron, 2.1 million tons of steel and 1.8 million tons of rolled metal. In 2016 Ukraine is expected…Details
In January-November Ukraine imported $817 million worth of coal from Russia. According to the State Fiscal Service, total imports reached $1.29 billion, with exports on the level of $43.28 million. The main importers in the given period were Slovenia ($25.8 million), Russia ($7.5 million) and Turkey ($7.1 million). In January-November Ukraine imported $817.4 million worth…Details
In January-November Russian output of raw copper alloys decreased by 31.6% YoY.
According to the Federal Service of State Statistics, in November raw copper alloy output dropped by 23.5% YoY and by 14.5% MoM. (Ukrainian metal)
For the last 6 years steel pipes consumption in Russia stabilized on the level of 10 million tons per year. Imports have decreased in the last 2 years, with 400 thousand tons imported in 2015-2016, as opposed to 1 million tons previously. At the same time Russian manufacturers increase exports. In 2016 the volume of…Details
Uralelectromed, a part of UMMC, has acquired 41.75% of the Malyshevskoye Mine Group. According to the company statement, in September the Federal Antimonopoly Service allowed it to buy 100% of shares. The share of the MRU feldspar concentrates on the Russian market is 25-27%, and of mica concentrates – 80-85%. In 2015 Malyshevskoye Mine Group…Details
Novolipetsk Iron and Steel Works has completed the project on refractory shop 4 electric air filters reconstruction, started in 2015. Thanks to the project the pollution from shop decreased by 18%. “The massive reconstruction of the filters started in 2015. The investments totaled 480 million rubles. Taking the new machinery into account, we now have…Details
The Energomashspetsstal non-destructive testing department has received the certificates of the British Institute of Non-Destructive Testing.
Now the company can use the machinery under the PED 2014/68/EU.
The company employs specialists of the 2nd and 3rd level of qualification according to EN ISO 9712:2012. (Ukrainian metal)
In 2016 Krasnoyarsk Krai companies are expected to increase gold output by 18% YoY. According to the regional ministry of industry, energy and trade, in 2015 the Krai mined 49.3 tons of gold, thus this year the yield could total 58 tons. Polyus and Sovrudnik, the regional major companies, are expected to mine around 50…Details
The board of directors of PJSC «MMC «Norilsk Nickel», the leading global nickel and palladium producer, approved of the company’s budget for 2017. In 2016, the company successfully completed all scheduled key investment projects including the development of high-IRR brownfield mining projects in the Polar division, the ramp-up of Skalisty mine, active construction phase of…Details