Severstal will invest 22 billion rubles into the development of Cherepovets Iron and Steel Works and other Severstal Russian Steel assets. According to the company statement, 55% of the amount will be invested in the maintenance projects, the major of which is the reconstruction of the coking battery No. 4. The rest will be spent…Details
The L5-UM Larssen sheet piling produced at Evraz NTMK is used in the reconstruction of the Magadan trade seaport berths. The deliveries commenced in February. By May the works will have shipped 3 thousand tons of sheet piling to the Far East. The Larssen sheet piling is the unique product of Evraz NTMK, no other…Details
A new plant for the production of metalware for industrial use is planned for construction on the territory of the Free Economic Zone Angren. Memorandum on the project was signed in the framework of the Uzbek-Turkish business forum between management of the FEZ Angren and Director of DAL Teknik Makina Sanayi Ve Tigaret AnonimSirketi Gaudet…Details
Problems of Makmal reached the walls of the Parliament. Last week, the state of affairs at the gold mine was discussed by the parliamentarians of the committee on the fuel and energy complex and subsoil use. It was also attended by the head of Kyrgyzaltyn Almaz Alimbekov. He said that Makmal reserves were depleted. With…Details
Zaporozhye Titanium and Magnesium Works has ordered magnesium valued at 43.85 million UAH from Titan Ukrainy LLC. By the end of the year the company will have supplied 406 tons of MG-90 magnesium at 108 thousand UAH per ton. In August 2016 the same company sold it 28% cheaper to ZTMK – at 77.23 thousand…Details
In February Zaporozhogneupor increased unmolded refractories output by 18% YoY.
The company produced 720 tons of unmolded refractories, in particular 181 tons of refractory concretes and masses and 539 tons of insulating and slag mixes.
In January-February Zaporozhogneupor increased output by 35% YoY. (Ukrainian metal)
In January-February Ukraine exported 1.116 million tons of carbon steel semi-finished products, valued at $409.31 million, down by 12.1% and up by 36.6% YoY respectively. According to the State Fiscal Service, the main consumers were Italy (19.83%), Egypt (19.77%) and Turkey (19.24%). At the same time Ukraine imported 717 tons of steel semis valued at…Details
In 2016 DTEK mined 33.2 million tons of coal, or 74.33% of all the coal mined in Ukraine. According to the Ministry of energy and coal industry, last year Ukraine mined 44.68 million tons of coal, with 5 million tons being coking coal and 39.68 million tons – power-generating coal. DTEK Pavlogradugol yielded the largest…Details
In January-February Ukraine imported 184.376 thousand tons of manganese ore and concentrate valued at $28.457 million, up by 69.6% and 2.2-fold YoY respectively. According to the State Fiscal Service, the South African Republic (61.36%), Ghana (35.1%) and Gabon (2.37%) were the main suppliers. At the same time Ukraine has sharply decreased manganese ore and concentrate…Details
In January-February Ukraine imported 2.46 million tons of coal valued at $357.59 million. According to the State Fiscal Service, Russia supplied $247.24 million worth of coal, or 69.1% of the total imports, USA – $65.4 million (18.3%), and Kazakhstan – $20.45 million (5.7%). Other countries supplied 6.9% of all coal, or $24.51 million. Coal imports…Details
In February the Vostochnaya processing factory of ArcelorMittal Temirtau started the pilot project on concentrate output increase. With 210 thousand tons according to the business-plan, the shortest month in the year saw 225.1 thousand tons of concentrate produced. In January the plan was overfulfilled by 7 thousand tons, in February – by 15 thousand tons,…Details
In 2017 Mechel-Service plans to sell over 2 million tons of rolled metal (1.9 million tons in 2016) and open at least two new divisions. “We will be using the combined strategy – expand sales geography and increase client base, as well as improve servicing. This year we intend to take part in all major…Details
VSMPO-Avisma has signed the acceptance report on the new ring-rolling mill to make products of titanium alloys for engine manufacturing.
With the new mill the corporation will be able to produce titanium rings with highly complex outer and inner sections. The mill can produce rings with up to 3500 mm diameter. (Ukrainian metal)
The net profit of TMK in 2016 reached $166 million as opposed to $368 million of losses in 2015. According to the company statement, its revenues decreased by 19.1%, to $3.33 billion, with gross profit down by 16.7%, to $704 million. EBITDA dropped by 18.6%, to $530 million. Net profit in Q4 2016 totaled $84…Details
Evraz has postponed the sale of Evraz NMTP in Nakhodka. Novoport, one of the probable buyers of the port, offered $250 million. In late November 2016 Evraz started looking for buyers of a 100% stake in NMTP. A dozen buyers could purchase the asset, including companies from China and Kazakhstan. The main advantage that makes…Details
Kyrgyzstan is studying a ban on the export of gold concentrate abroad and is considering the possibility of building a copper plant, the State Committee of Industry, Energy and Subsoil Use reported. It is noted that the Kyrgyz delegation headed by the chairman of the State Committee Duishenbek Zilaliev visited Balkhash copper smelting plant. The…Details
In January-February Ukraine exported $122.1 million worth of metal wares, with $63.47 million exported in February. According to the State Fiscal Service, metal wares imports increased by 24.8%, to $108.02 million ($62.34 million in February). In 2016 Ukraine exported $689.81 million worth of metal wares, down by 24.8% YoY, while imports grew by 23.8%, to…Details
The AzerGold company, which is engaged in exploration, development and management of non-ferrous metal deposits, plans to produce almost 1.3 tons of gold and two tons of silver at the Chovdar mine in Azerbaijan’s Dashkasan district in 2017, according to the report on the activities of the Azerbaijani government for 2016. In the subsequent years,…Details
Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, says it has loaded the largest batch of coal in the company history. According to the terminal’s press center, 111,339 tons of coal delivered to the port in 1,560 wagons were loaded…Details
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