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In November the Federal Cargo Company increased metal transportation in gondola cars by 10% YoY. In particular, ferrous metals transportation reached 1.1 million tons, and other metals – 200 thousand tons. The share of metal in the FCC transportation amounted to 12%. The main railroads in ferrous metals transportation were South-Urals (270 thousand tons, up…
DetailsMagnitogorsk Iron and Steel Works (MMK) has been named one of the top ten most environmentally responsible metals and mining companies in Russia in 2019, according to a rating compiled by World Wildlife Fund (WWF) Russia and the National Rating Agency. The company ranked particularly high in the environmental impact category, where it shared the…
DetailsIn October Russia exported 1.8 thousand tons of raw chrome, up by 36% MoM and YoY. Deliveries to US grew from 332 tons to 348 tons, and to the Netherlands – by a third, to 1.2 thousand tons. In 10 months exports totaled 15.8 thousand tons, on par with last year. In monetary terms since…
DetailsIn October Russia imported 40 tons of molybdenum including scrap, up by 56% MoM and by 217% YoY. Deliveries from China grew from 17.5 tons to 28 tons, and from Germany – by 76%, to 11 tons. In 10 months imports totaled 287 tons, up by 6% YoY. In monetary terms since the start of…
DetailsIzhorsky Pipe Works has once again successfully passed the supervisory audit according to API. The inspectors checked the current management quality system for compliance with API Specification Q1 9th edition and ISO 9001:2015. As a result the company has confirmed its ability to produce pipes according to API Specification 5L 46th edition. (Ukrainian metal)
DetailsIn 2019 metal output is expected to decrease because of the long repairs of rolling mills and blast furnaces. In January-September Russian metal output increased by 1.3%, mostly due to the non-ferrous metals (+2%), while ferrous metals dropped by 0.1%. Exports fell by 10.6%, with prices down by 15-20%. Domestic consumption grew by 4%. (Ukrainian…
DetailsChelyabinsk Pipe Plant (ChelPipe) has delivered more than 150,000 tons of large-diameter pipes for construction of the linear part of the Turkmenistan–Afghanistan–Pakistan–India (TAPI) pipeline, the company said in a statement on December 25. “ChelPipe Group was the only Russian company to pass all stages of qualification selection and offer the best delivery conditions among 94…
DetailsUkraine retained its 10th place in the ranking of the world’s largest pig iron producers and the 13th place in the ranking of the world’s largest steel producers in January-November, according to the World Steel Association. “Ukraine ranks 10th among 40 pig iron producing countries. Ukraine ranks 13th among 62 steel producing countries,” the Ukrmetalurhprom…
DetailsThe Cabinet of Ministers has determined the volume of scrap procurement in 2020. According to the decree, the country will procure both ferrous and non-ferrous metals scrap. Belvtormet has been appointed the state customer. The order amounts to 1.3 million tons of ferrous metals scrap and 21,191 tons of non-ferrous scrap. The Ministry of Industry…
DetailsThe Sayano-Partizansky Pit, a part of Russky Ugol, has fulfilled its annual output plan. Moreover, coal output this year has grown by 10% YoY, to 1.1 million tons. In 2018 the enterprise, commissioned in 1991, for the first time reached the annual output level of 1 million tons. (Ukrainian metal)
DetailsIn December Metinvest enterprises did not receive VAT reimbursement in the amount of 1.5 billion UAH. In particular, Mariupol Ilyich Iron and Steel Works has not received some 1 billion UAH. Because of that the employees are worrying about the delays in their salary payment. According to Ukrmetallurgprom president Alexander Kalenkov, the State Tax Service…
DetailsThe Eurasian Economic Commission’s department of the internal market protection has announced a new antidumping investigation of the import of stainless steel welded pipes from China. The investigation relates to the pipes and tubes with the wall thickness of 0.4 to 6 mm and the outer diameter of 6 to 115 mm. The investigation was…
DetailsInternational rating agency S&P Global Ratings (S&P) has revoked the long-term credit rating of Russian coking coal producer Koks, a part of Industrial Metallurgical Holding (IMH), at a request of the company, the agency said in a statement. At the time of revocation, the rating was B, and the outlook was Stable. (Prime/Ukrainian metal)
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