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A company, connected with TMK and ChTPZ, have gained control over the electrometallurgical works in Smolensk region, which could have become a Zagorsky Pipe Works (ZTZ) site to produce seamless pipes. Pervouralsky Pipe-Rolling Plant has become a mortgagee of Parus LLC, owner of the Electrometallurgical Foundry-Rolling Works in Yartsevo. ZTZ intended to produce 400-450 thousand…
DetailsCherepovets Iron and Steel Works is constructing a 110 kW high-voltage line at its manufacturing site. The cost of the project exceeds 1.5 billion rubles. The goal of the project is to provide the company with its own electricity. The project is expected to be completed in December 2020. (Ukrainian metal)
DetailsUntil January 15, 2020 companies producing rolled metal for construction will be inspected. The experts will check whether the companies comply with the set quality and safety standards. The corresponding government decision was taken on December 14. Until March 1, 2020 all the laboratories controlling rolled metal quality and safety have to be modernized. Moreover,…
DetailsIn October Russia exported 8.3 thousand tons of ferrochrome, down by 32% MoM and by 60% YoY. Deliveries to the Netherlands decreased by 25%, to 6 thousand tons. 1.3 thousand tons were exported to Taiwan, up by 32%. Japan decreased imports from 2 thousand tons to 25.5 tons. In January-October exports totaled 100 thousand tons,…
DetailsBeloretsk Iron and Steel Works has produced aviation ropes for its new customer – the Far Eastern Aviation Service Center. At the request of the customer BMK has produced a batch of galvanized steel ropes with the diameter of 4 mm. In 2016 the company received a gold medal at MetalExpo for this type of…
DetailsThe Cabinet of Ministers has directed UAH 322.6 million to pay salaries to coal miners. Prime Minister of Ukraine Oleksiy Honcharuk wrote about this on his Telegram channel on December 18. “The government has allocated UAH 322.6 million to pay salaries to miners,” Honcharuk wrote. (Ukrinform/Ukrainian metal)
DetailsIn January-November Interpipe Steel decreased steel output by 12% YoY, to 786 thousand tons. In November the company produced 53 thousand tons of steel, up by 23% MoM. The low result of October is explained with capital repairs of machinery. The company resumed operation on November 6. (Ukrainian metal)
DetailsIn January-September Ferrexpo invested over 4.5 billion UAH ($172.2 million) in development of its Poltava, Yeristovo and Belanovsky Mining and Processing Works. In particular, PGOK received 3.03 billion UAH ($115 million), while EGOK and BGOK – 1.48 billion UAH ($57.2 million). PGOK spent the money to maintain current operation (580.1 million UAH, $22 million), on…
DetailsBystrinsky Mining and Processing Works has received all the necessary documents to commission its construction objects. Among the largest are the processing factory, quarries, tail dumps, etc. The construction of the GOK began in 2013. The annual capacity will be 10 million tons of ore. The design capacity is expected to be reached in 2020.…
DetailsThe authorities of Sverdlovsk region have approved new residents of the Titanium Valley special economic zone. In particular, at the Salda site Ferrostar will be producing directly reduced iron with low prime cost. Investments will reach 2.3 billion rubles. When the company reaches its design capacity it will employ 80 people. (Ukrainian metal)
DetailsSeverstal has started supplying industrial batches of new product – hot-rolled strips with the size of 40×4 mm. In late November the first 100 tons of the new product were shipped to a customer. The new product manufacture was mastered at the mill-250 of Cherepovets Iron and Steel Works. The hot-rolled strip can be used…
DetailsThe Russian government has not agreed with a bill liberalizing access of private investors to large gold fields, prepared by the Natural Resources and Environment Ministry. The ministry suggested raising the threshold of reserves to qualify a field as strategic to 200 tons from 50 tons to draw private investment, because under the current law,…
DetailsGazprom was studying production potential of titanium giant VSMPO-Avisma for possible partnership, the titanium producer said in a statement on December 18 after a Gazprom delegation visited the Sverdlovsk region’s city of Verkhnyaya Salda to study VSMPO-Avisma’s production and discuss partnership. “After analyzing production potential of VSMPO-Avisma, the leader of the world’s titanium industry, we…
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