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In December 2019 the electric steel smelting shop No. 2 of the Krasniy Octyabr Iron and Steel Works produced 26.2 thousand tons of steel, up by 1 thousand tons from the output target. The company also produced 19 thousand tons of rolled metal. Moreover, the company was able to make 10 smeltings a day as…
DetailsMechel ordinary shares have grown in price by 8.47% at the Moscow Stock Exchange. The cost of a share was 93.77 rubles, with the peak at 94.3 rubles. In the first days of the Stock Exchange operation in January, Mechel shares became 60% more expensive – 99.6 rubles on January 8 as opposed to 63.14…
DetailsIn 2019 Interpipe decreased steel output by 4.2% YoY, to 854.5 thousand tons. Pipe manufacture dropped by 13.3%, to 587 thousand tons. At the same time the company increase railroad products output by 11%, to 207.7 thousand tons. Last year pipes were mostly sold in Ukraine (25%), Europe (24%) and America (24%), while railroad products…
DetailsMetinvest has attracted a loan of 24.4 million euros for 11 years to finance the construction of an oxygen plant at Mariupol Ilyich Iron and Steel Works. The machinery will be supplied by Air Liquide. The corresponding agreement was signed in June 2019. The capacity of the air-separation and gasification plant will be 25 thousand…
DetailsPereyaslovsky Pit has mined 90 million tons of coal. The pit was commissioned in 1983. It is developing the Pereyaslovskoye coal deposit in Krasnoyarsk region. Annual capacity exceeds 5 million tons, and the reserves amount to 260 million tons of coal. The enterprise employs around 700 people. (Ukrainian metal)
DetailsOmZM-Metal will supply the Irkutsk Oil Company with metal structures for its gas project. The corresponding agreement was signed with a contractor of the project – Toyo Engineering Corporation. Under the agreement the company will produce some 4 thousand tons of metal structures for the construction of an ethylene plant. (Ukrainian metal)
DetailsMednogorsk Copper and Sulfur Works has purchased railway scales valued at some 8 million rubles. The scales have been placed on the railway truck between the raw materials and charge preparation shop and the briquetting shop. The equipment will be used to measure the weight of railroad transport means loaded with cargo. The scales will…
DetailsIn January-November 2019 Russia imported 6.716 million tons of ferrous metals, up by 1% YoY. According to the Federal Customs Service, in November 2019 imports grew by 6.88% MoM, to 0.548 million tons. Imports of ferrous metals without pig iron, ferroalloys, scrap and waste totaled 5.404 million tons, up by 2.3%, with 0.478 million tons…
DetailsIn 2019 Kazakhstan produced 4.463 million tons of steel, up by 11.4% YoY. At the same time, rolled metal manufacture dropped by 20%, to 2.036 million tons. According to the Statistics Committee of the Ministry of the National Economy, Kazakhstan produced 2.217 million tons of ferroalloys, up by 6.2%. (Ukrainian metal)
DetailsIn November 2019 Russia exported 11.4 thousand tons of secondary aluminum, up by 12% MoM and by 44% YoY. Deliveries to Japan grew by 11%, to 8.3 thousand tons, and to Cyprus – by 25%, to 1.1 thousand tons. In 11 months exports totaled 105 thousand tons, up by 52% YoY. In monetary terms since…
DetailsGold production on Chukotka peninsula increased by 1.34% YoY, to 24.452 tons in 2019, the regional government said on January 15. Silver production rose by 0.22%, to 111.677 tons. Ore gold output grew by 2.56%, to 22.097 tons, while alluvial fell by 8.86%, to 2.355 tons. Kinross Gold raised production by 7.38%, to 15.194 tons,…
DetailsIn November 2019 Russia exported 8.7 thousand tons of ferrochrome, up by 5% MoM and by 4% YoY. Deliveries to the Netherlands grew by 8%, to 6.6 thousand tons, while to Japan and Taiwan didn’t change – 20 tons and 1.3 thousand tons respectively. In monetary terms since the start of the year exports have…
DetailsThe influential industry magazine Metal Supply and Sales has named Magnitogorsk Iron and Steel Works (MMK) first among Russian producers of flat products. The magazine Metal Supply and Sales has published its traditional rating of the leading metallurgical companies in the second half of 2019, where PJSC MMK once again took the first place among…
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