The Arbitrary court of Krasnodar region has declared the Krasnodar Metal Structures Works bankrupt and has imposed bankruptcy proceedings for 6 months. The bankruptcy was initiated by SMK-Retail LLC, which claimed 1.36 billion rubles. In 2011 the works borrowed 1.17 billion rubles for modernization from Sberbank. The works was unable to pay, and the bank…Details
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Gaysky Mining and Processing Works has for the first time received a Transvers Mixer Р1086 underground self-propelled concrete-placing machine. The machine has been made to order. In 11 months Gaysky GOK received some 50 units of mining machinery. (Ukrainian metal)Details
Zlatoust Electrometallurgical Works has added a powerful MAZ tractor unit to its fleet. The machine will be transporting hot ingots from the second electric steel shop to the rolling shop No. 1. The MAZ unit has an engine with 328 hp. The machine will be able to deliver the steel to the shop without its…Details
In October Russia imported 2.5 thousand tons of aluminum scrap and waste, up by 60.3% MoM, but down by 26% YoY. Deliveries from Kazakhstan grew by 61%, to 1.5 thousand tons, and from USA from 251 to 687 tons. In 10 months imports totaled 22.8 thousand tons, down by 26% YoY. In monetary terms since…Details
In October Russia exported 65.1 thousand tons of refined copper, down by 1.6% MoM and by 2% YoY. Deliveries to China grew almost 2-fold, to 13 thousand tons, and to Germany – 2-fold, to 16.3 thousand tons. The Netherlands accounted for 40% of all exports (26.1 thousand tons). In 10 months exports totaled 573 thousand…Details
NLMK Lipetsk, the flagship site of NLMK Group, has delivered a pilot batch of galvanized bake hardening (BH) steel to the Uzbekistan-Korean joint venture UzSungwoo. The pilot batch of steel was custom-made to meet the customer’s individual requirements. It was used to make General Motors internal car body parts, which contributed to vehicle safety. Tests…Details
In October Russia imported 14.3 thousand tons of ferrosilicomanganese, up by 88.5% MoM and by 8.2% YoY. Deliveries from Georgia grew 3-fold, to 7.9 thousand tons, and from Kazakhstan – by 11%, to 5.5 thousand tons. In 10 months imports totaled 149 thousand tons, down by 4.3% YoY. In monetary terms since the start of…Details
In October Russia exported 2.2 thousand tons of ferrotitanium, up by 3.3% MoM and by 33.6% YoY. Deliveries to the Netherlands grew by 18%, to 1.5 thousand tons, and to Germany – by 72%, to 187 tons. At the same time China decreased imports by 36%, to 270 tons. In 10 months exports totaled 16.5…Details
Hot-rolled copper plates manufactured at Kirov Non-Ferrous Metals Processing Works have been named a winner of the “100 best products of Russia-2019”. The plates have been awarded the “Novelty” status. The copper plates have improved corrosion-resistant characteristics. These products are in high demand in Russia. (Ukrainian metal)Details
Nikolai Kigalov has been appointed a new Vorkutaugol general director. Sergey Likhopud, who has been holding this office since November 2016, will pursue his career outside Severstal. Since 2009 Kigalov has been a chief engineer at various Kemerovo region coal enterprises. In 2017 he was appointed the Raspadskaya mine director. And since July 2018 he…Details
In 2020 Balakovo Iron and Steel Works intends to start producing A800/1000 rebars with the diameter of 10 to 14 mm, rounds (8 to 10 mm), squares (10 to 50 mm), channel Nos. 5-10, as well as steel strips. The company expects that the customers will be able to order these goods in Q1 2020…Details
In January-November Krivoy Rog Iron Ore Industrial Complex decreased iron ore output by 5.8% YoY, to 4 million tons. In November the output totaled 380 thousand tons. Last year KZhRK produced 4.6 million tons of iron ore, down by 9.7% YoY. (Ukrainian metal)Details
In November ArcelorMittal Kriviy Rih decreased rolled metal output by 18% MoM, to 390 thousand tons. Steel manufacture dropped by 28.5%, to 350 thousand tons, and pig iron – by 20%, to 375 thousand tons. In 11 months AMKR produced 4.2 million tons of rolled metal, 4.94 million tons of steel and 4.9 million tons…Details