In September Russia exported 65.8 thousand tons of refined copper, down by 2.5% MoM, but up by 78% YoY. Deliveries to China dropped to 7 thousand tons from 17.3 thousand tons in August. Germany increased imports of copper by 28%, to 7.7 thousand tons. The share of the Netherlands was 62%, or 41 thousand tons.…Details
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In September Russia imported 79.5 thousand tons of chrome ore, down by 3% MoM. Deliveries from Kazakhstan dropped by 7%, to 65 thousand tons, but from the South Africa grew by 57%, to 6.6 thousand tons, and from Turkey remained unchanged – 7.6 thousand tons. In January-October imports totaled 727 thousand tons, up by 2%…Details
Magnitogorsk Iron and Steel Works (MMK), together with Deloitte, has produced a list of MMK’s future digital transformation projects, to be completed by 2025. A thorough selection process resulted in a list of 110 projects in 18 areas of the company’s core business. These will form the basis of MMK’s overall digitalization strategy. MMK’s readiness…Details
ArcelorMittal Kriviy Rih has applied a new method to repair coke-oven batteries Nos. 1 and 2 in order to decrease pollution. The new method is based on the ceramic hard-laying of deep fissures with further inflation of powder mixes to seal smaller cracks in the refractory lining of the coking ovens. This method is already…Details
Zaporizhstal has successfully passed the second supervisory audit of its integrated management system correspondence to the international management quality standard ISO 9001:2015, environment management ISO 14001:2015 and the first supervisory audit of its health and labor safety system according to ISO 45001:2018. The audit has been carried out by Bureau Veritas Certification Ukraine. The experts…Details
Mining and metal companies are the best employers in Russia, according to the Forbes rating. The first place is occupied by Norilsk Nickel. It is followed by the gold-extracting Polyus. Polymetal has also entered the top-5. Severstal is on the 14th position, Russian Copper Company – on the 29th, NLMK – on the 36th, MMK…Details
In July-September Mechel increased coal output by 15% QoQ, to 5.29 million tons. In 9 months mining dropped by 7%, to 13.429 million tons. Pig iron manufacture in Q3 decreased by 7%, to 794 thousand tons, and in January-September – by 10%, to 2.52 million tons. In Q3 Mechel produced 888 thousand tons of steel,…Details
In September Russia exported 2.1 thousand tons of ferrotitanium, up by 16.5% MoM and by 47.7% YoY. Deliveries to the Netherlands grew by 3%, to 1.3 thousand tons, to Germany – by 66%, to 110 tons, and to China by 55%, to 420 tons. In 9 months exports totaled 14.4 thousand tons, up by 18%…Details
In January-September Vysochaishiy received 9.4 billion rubles of revenue, down by 6.2% YoY. Sales profit fell 3-fold, to 1.35 billion rubles. Net profit decreased by 24.5%, to 1.8 billion rubles. Debts as of September 30 totaled 3.49 billion rubles as opposed to 5.63 billion rubles in late 2018. (Ukrainian metal)Details
Uchaly Mining and Processing Works has modernized the technological line of the grinding and mixing unit at the Uzelginskiy mine. An ultra-fine screening mill has been added to the existing line of fill rock. The mill will help reduce cement consumption by 30-50%. When this target is reached, the new technique will be applied at…Details
In July-September Mechel received 74.9 billion rubles of revenue, down by 5% QoQ and by 6% YoY. In 9 months revenue decreased by 4% YoY, to 228.2 billion rubles. EBITDA in Q3 dropped by 9% QoQ and by 29% YoY, to 15 billion rubles. Losses accountable to the shareholders in July-September amounted to 571 million…Details
Azovstal and Mariupol Ilyich Iron and Steel Works are transferring their employees from order-free departments to decreased working week. The administrative employees and manufacturing workers will now have a working week of 32 hours. The order is valid until March 31, 2020. Moreover, the business trips are suspended and the employees will not receive premiums.…Details
In October Poltava Mining and Processing Works produced 975 thousand tons of pellets, down by 3% from the target. The reason of the output decrease is the unscheduled repairs. Instead of 60 hours of idle time, the pellets shop has been idle for 172 hours. The company management believes that this year down time will…Details