In January-February Ukraine exported 17.78 thousand tons of ferrous scrap valued at $3.655 million, up by 77.9% and by 70.7% YoY respectively. Scrap imports increased by 63.2% YoY, to 6.755 thousand tons, valued at $4.878 thousand, up 4.1-fold. Turkey (79.87%), Moldova (16.6%) and Russia (3.5%) were the main suppliers of scrap, with Turkey (92.97%), the…Details
In January-February Ukraine exported $1.346 billion worth of ferrous metals, up by 46.3% YoY. According to the State Fiscal Service, ferrous metals amounted to 21.48% in the total export as opposed to 19.48% in January-February 2016. In February ferrous metals export revenues reached $691.81 million. In January-February Ukraine imported $114.98 million ($60.53 million in February)…Details
Uralmashzavod will supply 1 thousand tons of back-up rolls for hot-rolling to ArcelorMittal Temirtau.
According to the company statement, the rolls will be supplied in Q3-4.
Uralmashzavod has finished the first stage of its roll manufacture modernization, which allows it to increase output and improve quality. (Ukrainian metal)
Armalit (Saint Petersburg) has put into operation the robotized welding complex on the basis of an industrial robot.
The robot allowed the company to implement adaptive welding.
With the robot put into operation the capacity of the company increased 2.5-fold. (Ukrainian metal)
Sberbank has opened a credit line of 1 billion rubles to Zagorsky Pipe Works. The money will be used to clear debts to the Insulation Pipe Works. According to the loan agreement, ZTZ has to clear the credit in 2018. At the same time Sberbank has restructured the ZTZ debt of 4.1 billion rubles. The…Details
The Khabarovsk region governor Vyacheslav Shport together with the new owners, representatives of Torex, visited Amurmetal.
According to the company representatives, the situation at the works was stable, salary issues have been settled. In March the works plans to produce 12 thousand tons of steel from raw materials supplied by Torex. (Ukrainian metal)
In January-February Ukraine exported 347.6 thousand tons of steel-making pig iron, down by 10% YoY, following the increase of 50.6% in January. According to the State Fiscal Service, the value of the pig iron exported was $99.644 million, up by 56.5% YoY. Pig iron was mostly exported to USA (50.25%), Turkey (19.2%) and Italy (12.7%).…Details
On March 9, in spite of the strikes of coal miners in Lviv region, the coalmines of the region shipped 609 tons of coal. “The mines of state-run Lvivugol enterprise operated as usual in the past day. A total of nine trucks of coal were shipped,” director general of Lvivugol Andriy Diachenko said. According to…Details
Global rating agency Fitch has revised the outlook for the ratings of gold mining company Nordgold, controlled by Russian businessman Alexei Mordashov, to Positive from Stable, the agency said in a release. The company’s long-term issuer’s default rating has been affirmed at “BB-“. “The affirmation of the company’s ratings reflects operational and financial results in…Details
In the past several years the gold contents in the ore at Makmalzoloto have decreased 2-3-fold. The works could operate with what it has by the start of H2 2018 at best. The depth of ore has also increased – by almost 120 meters from the bottom of the quarry, resulting in the increase of…Details
According to the ex-director of the PR department of Naftogaz Ukrainy Valentin Zemlyansky, imported coal will cover only half of what is needed to prepare for the next heating season. It is expected that new contracts for the delivery of coal from SAR and Australia will be concluded, and the first batches will arrive in…Details
The largest coalmine in Donbass – Komsomlets Donbassa – has been put out of operation. The mine is a part of DTEK, owned by Rinat Akhmetov. Most of the personnel were sent into unpaid vocation on March 3. Only the servicing employees were left who pumped water from the mine and controlled gas level. According…Details
In 2016 Chelyabinsk Zinc Works, the largest Russian zinc and alloys manufacturer, a part of UMMC, produced 174803 tons of Special High Grade zinc and alloys, up by 2.2% YoY. Nova Zinc LLC in 2016 produced 36718 tons of zinc concentrate (36770 tons in 2015), and 5677 tons of lead concentrate (5655 tons). The Brock…Details
The Federal Antimonopoly Service has allowed the Tominsky Mining and Processing Works (a part of the Russian Copper Company) to buy a 50% stake in Chelyabinsk Coal Company. In October 2016 the press-service of the Chelabinsk region governor reported RMK planned to acquire shares of ChUK to recultivate Korkinsky coal pit. RMK needed the deal…Details
Yakutugol, a part of Mechel, has started operations at the open-pit coalmine at the Jebariki-Khaya site. In summer 2016 the company stopped using underground method of mining at the site. For open-pit mining Yakutugol bought all the necessary machinery: excavators, bulldozer, dump trucks, etc. The project capacity of the pit is 320 thousand tons of…Details
The manufacturing company DIA has started making new products – oval-section pipes.
The flat half-ovals are in demand by furniture manufacturers.
The company specialists have developed the necessary rolling tools for the production of the new pipe. (Ukrainian metal)
Coal mining companies of DTEK, situated on the temporarily occupied territories of Donetsk and Lugansk regions, have suspended mining coal. “Komsomolets Donbassa mine, DTEK Sverdlovantrazit and DTEK Rovenkiantrazit have stopped mining coal”, the group press service reported. On February 13, the railroad connection through the demarcation zone was completely stopped, resulting in the coal mined…Details
Ukrainian Prime Minister Volodymyr Groysman has said that the needs of the coal sector in mine rescue equipment are financed by 15-20%. “This is our tragedy that due to a lack of financing of many important spheres of life people are killed and suffer. Sufficient funds were not invested neither in coalmines, nor roads, hospitals,…Details
The Seversk Pipe Works, a part of TMK, has put into operation the steel arc furnace waste-heat utilization machine. The machine is used to utilize the waste heat, emerging in the arc furnace during cooling. The new machine allows the works to put around 5 gKal of heat per hour to good use – supplying…Details
Coal stocks at the warehouses of the thermal power plants on March 6-9, increased by 2.1%, or by 36 thousand tons, to 1.734 million tons. According to the Ministry of energy and coal industry as of early March 9, coal stocks of the anthracite group totaled 711.4 thousand tons, down by 4.7% as of March…Details
The ChTPZ Group intends to increase compressor-pump pipes with externally upset ends output from 18 to 35 thousand tons per year. The increase of capacities has been made possible thanks to the modernization program at the Pervouralsk Pipe Plant. The modernization saw the replacement of parts at pipe cutting-mills, etc. The Pervouralsk Plant produces CPP…Details
In January-February Neva-Metal CJSC (stevedoring company of Severstal) handled about 508,000 tons of cargo, which is close to the result of January-February 2016, the company reported. Container handling totaled about 14,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal specializes in transshipment of containerized and…Details
The National Bank of Tajikistan and Metalor Technologies SA, an international Swiss-based group, have signed a cooperation agreement. According to NBT press center, the document has been signed during a visit of the first deputy head of Tajik central bank Jamoliddin Nouraliyev to Switzerland. The agreement reportedly provides for cooperation on refining gold produced in…Details
The largest VAT refunds recipients in January and February among metal companies were Mariupol Ilyich Iron and Steel Works and Azovstal, parts of Metinvest Group, with UAH 895 (UAH 382.5 million in December 2016) and UAH 856.3 million (UAH 703.1 million), followed by Evraz DMZ with UAH 731.1 million (no refunds in December 2016), the…Details
The situation at the metal works, taken by the DPR-LPR militants from their rightful owners, has become almost critical in just 1 week. Despite the local authorities’ forecasts, which promised to quickly reorient production to Russian and provide up to 70% of the budget revenues from these companies, most of them start to shut down.…Details
In 2016 Beloretsk Iron and Steel Works, a part of Mechel, received 315.5 million rubles of net profits, down 6.6-fold YoY. The works revenue dropped by 2.5%, to 22.89 billion rubles. Export sales decreased by 14.7%, to 4.49 billion rubles, while local sales went up by 1.1%, to 18.4 billion rubles. In Q4 2016 BMK…Details