ThyssenKrupp Industrial Solutions has performed an inspection of the coking and by-product facilities at Magnitogorsk Iron and Steel Works (MMK) as part of implementation of an environmental program for reduction of dust and gas emissions from the Coke Plant. The key priority of MMK’s environmental policy is implementation of measures included in the Clean Air…
DetailsNLMK Group, a global steelmaking company, has announced that following the August 2019 review of the MSCI ESG Ratings assessment, NLMK’s overall ESG score has improved from BB to BBB (on an AAA – CCC scale, where AAA is the highest score). Previously, FTSE Russell confirmed that the company remained a constituent of the FTSE4Good…
DetailsThe Russian government has set up a 1.009-million ton quota for exports of ferrous metal scrap and waste to the countries outside the Eurasian Economic Union starting from September 1 until the end of 2019, the government said in a ruling published on the website for disclosure of data on state procurements. The Industry and…
DetailsInformation that the government of Kyrgyzstan, under a new agreement with Centerra Gold, allegedly agreed to allocate 16,000 hectares of land in Sarychat-Ertash nature reserve for gold mining appeared on social networking websites. Chairman of Kyrgyzaltyn OJSC Almaz Alimbekov denied the information. According to him, the territory of the concessional area, including 16,000 hectares, is…
DetailsIn January-July Dneprospetsstal manufactured 4.972 billion worth of products, down by 12.4% YoY. The total cost of products manufactured in July was 673.052 million UAH, up by 1.5% MoM. In 7 months steel output dropped by 14.8% YoY, to 125.983 thousand tons, and rolled metal – by 10.9%, to 87.579 thousand tons. In July DSS…
DetailsIn June Russia exported 12.3 thousand tons of ferrochromium, down by 36% MoM and by 45.3% YoY. Deliveries to China dropped by 90%, to 208 tons, and to the US – by 61%, to 4 thousand tons. Exports to the Netherlands decreased by 6%, to 4.3 thousand tons. In 6 months ferrochromium exports totaled 69.7…
DetailsSince the start of the year Rosterminalugol has exported 16 million tons of coal. In the record-setting 2017 such level was reached on September 1. The 16-millionth ton of coal was a part of the batch of 108 thousand tons loaded onto the Anglo Alexandria (Post-Panamax) vessel. This was the 26th ship with the deadweight…
DetailsEvraz has supplied some 1700 tons of steel flanged beams for the construction of the plant to produce Mercedes-Benz cars in Russia. Evraz NTMK beams were used in the manufacture of steel structures for the main shop. In particular, Evraz NTMK produced 20K1, 20K2 and 25K1 beams of C345 steel alloyed with vanadium, which made…
DetailsTimes Of India reported that Dr BN Singh, a former chairman and managing director of Rashtriya Ispat Nigam Ltd said that “That the crude steel production has declined over June is reflective of the broader softening in the economy. When there is no demand from critical industries like construction and the automobile sector, then steel…
DetailsIn August Zaporizhstal produced 350.9 thousand tons of steel, down by 1.5% MoM. According to the company press service, pig iron manufacture dropped by 0.4%, to 393.9 thousand tons, and rolled metal – by 3.9%, to 290.3 thousand tons. In January-August Zaporizhstal produced 2.845 million tons of pig iron, 2.691 million tons of steel and…
DetailsIn August Ukraine increased steel output by 8.5% MoM, to 1.936 million tons. Pig iron manufacture grew by 10.5%, to 1.819 million tons, and rolled metal – by 3.6%, to 1.568 million tons. In January-August Ukraine produced 14.65 million tons of steel, 13.71 million tons of pig iron and 12.55 million tons of rolled metal,…
DetailsRussian aluminum producer RUSAL plans to accept bids for at least 10 billion rubles of 10-year exchange bonds on September 5, a banking source reported. The first coupon guidance was set at 8.50-8.65%, which corresponded to an 8.68-8.84% yield to 3-year put. RUSAL Bratsk will be the issuer. Technical placement is preliminarily scheduled for September…
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