In January Krivoy Rog Iron Ore Industrial Complex mined 503 thousand tons of iron ore, up by 20% YoY. According to a company representative, in December 2016 KZhRK produced 466 thousand tons of ore, up from 397 thousand tons in November 2016. In 2016 iron ore output decreased by 8.4% YoY, to 5 million tons.…
DetailsThe Industrial Union of Donbass has named the manufacturing and financial losses of its Alchevsk and Dneprovsky Iron and Steel Works, as well as EU steel works due to the railroad blockade in the ATO zone. According to ISD, on February 13, Alchevsk Works, Alchevskkoks and Ecoenergia stopped operating. The companies stopped producing pig iron,…
DetailsIn the nearest future three options to provide Ukrainian power-generating companies with A-grade coal would be evaluated, the Vice Prime Minister Vladimir Kistion announced. “According to our forecasts, we have enough anthracite for 40-50 days. And in this period we have to study the matter of anthracite imports”, he said. “The Ministry of energy and…
DetailsThe Industrial Union of Donbass corporation calls unto the Cabinet of Ministers, the Ministry of Finances, the State Fiscal Service and the Ministry of economy to pay attention to the catastrophic conditions of VAT reimbursement. “Last time VAT was reimbursed in November 2016. As of today the state debt to Dneprovsky Iron and Steel Works…
DetailsZaporizhstal employees have addressed the mayor of Zaporozhye Vladimir Buryak asking him to use all the possible legal methods to help solve the railroad blockade of Donbass problem. “The employees have expressed their concern of the ongoing blockade of Donbass, resulting in the coking and energy-generating coal shortages. The workers are aware of the consequences…
DetailsArcelorMittal Temirtau has included 23 environment projects valued at 18.5 billion tenge into its environment protection plan for 2017-2019. In particular, 7 projects have to do with air protection, 3 with water resources, and 4 with wastes, as well as various scientific and research measures to protect land resources and on radiation, biological and chemical…
DetailsTwo drum granulators OB-2.8×10 will be operating on the open site of Aldanzoloto (Yakutia) under –20 degrees C. For the machinery to operate in severe climate conditions Uralmashzavod has used new engineering techniques, in particular cold-resistant steel will be used. “Uralmashzavod has a vast experience of producing drum granulators to process iron ore materials. Machinery…
DetailsThe Ministry of Finances of Taiwan has imposed preliminary antidumping duties on the import of hot-rolled metal originating from Ukraine, Brazil, China, India, Indonesia and South Korea until August 22, 2021. The duties in the volume of 4-80.5% depending on the manufacturer have been imposed for 5 years from the date of the decision to…
DetailsIn 2016 KAZ Minerals increased its income by 43% YoY, to $969 million. According to the company statement, it produced 140.3 thousand tons of copper cathodes, up by 73% YoY. Sales increased from 84 thousand tons of copper in 2015 to 141 thousand tons, which allowed covering the decrease in price: $4860 per ton, down…
DetailsIn 2016 Beloretsk Iron and Steel Works, a part of Mechel, received the highest supplier reliability category from Irkutskcable, one of the largest cable manufacturers in Russia. BMK supplies steel galvanized wire in various sizes to the company. Having assessed such criteria as product quality, quality management certification system, period of cooperation, supplier loyalty and…
DetailsVIZ-Stal, a part of NLMK, has finished the first stage of the highly efficient dust extraction system implementation on the heat-resistant coating machines. The financing of the project totals 1.4 billion rubles. VIZ-Stal is capable of producing 180 thousand tons of transformer steel. 80% of products is exported. VIZ-Stal share in the world transformer steel…
DetailsIn January metal companies from CIS-countries produced 8.935 million tons of steel, up by 11.4% YoY. Ukraine increased steel output by 8.5%, to 2.103 million tons, and occupies the 10th position in the world steel manufacturers list. Russia is on the 5th position with 6.183 million tons of steel, up by 11.6%. All the other…
DetailsIn 2016 Russia exported 511.1 thousand tons of raw copper, down by 9.2% YoY. According to the Federal Customs Service, Copper deliveries to the far foreign countries decreased by 10.1% YoY, to 501.1 thousand tons, to CIS – went up by 69.5%, to 10 thousand tons. In monetary terms exports decreased by 22% YoY, to…
DetailsIn February the coke manufacture of CherMK will be 61 years old. For the past 10 years the manufacture changed greatly: coke batteries No. 3 and 7 (and the works has 8 in total) have been modernized, 2 shops have been reconstructed. This year will see the reconstruction of the oldest coking battery – No.…
DetailsRussia’s Federal Mineral Resources Agency has granted a license to develop the Sukhoi Log gold deposit to SL Zoloto, a joint venture between miner Polyus and state conglomerate Rostec, Polyus said in a statement. Polyus plans to perform additional geological survey and design a feasibility study with the help of international consultants in the next…
DetailsUzbekugol held on February 20 a press conference titled ‘Levels of perspective specialty development’ to inform media on the work done under the Cabinet resolution ‘On additional measures for improvement of coal production supply to the population and budget organizations of the Republic’. Uzbekugol, a part of Uzbekenergo, has been mining and selling coal for…
DetailsUkraine has started an antidumping investigation on the imports of rebars and wire rods from Russia. The corresponding decision was taken by the foreign trade commission of Ukraine on February 13. Russian exporters could register in the investigation as participants by March 20, and by April 18, send comments to the Ministry of economic development…
DetailsIn January Ukraine retained the last position in the top-10 world steel producers. According to World Steel Association, in January Ukraine produced 2.103 million tons of steel, up by 8.5% YoY. The first position is traditionally occupied by China (67.2 million tons, up by 7.4%), followed by Japan and India (9.002 and 8.4 million tons,…
DetailsArcelorMittal Kriviy Rih has started the next stage of its project of continuous cast shop No. 2 construction. The company invests $72.4 million into construction. The capacity of the new CCM will total 1.3 million tons per year. The construction of the shop is a part of the steel-smelting complex modernization, which presupposes the complete…
DetailsIn January Russia produced 3 thousand tons of structures and parts of aluminum.
According to the Federal Service of State Statistics, this is up by 14.9% YoY, but down by 32.2% MoM.
The Ministry of foreign affairs has prepared a decree that will toughen sanctions against North Korea. In particular, the draft presupposes the prohibition of delivery from North Korea of copper, nickel, silver and zinc and their transportation through the territory of Russia. Coal and iron ore purchases could be excluded from the list, if they…
DetailsIn 2017 Russian Railroads expect the delivery of 1 million tons of rails. All the products are purchased from Russian manufacturers. Evraz is planned to supply up to 700 thousand tons of rails, and Mechel – 330 thousand tons. Rails are used by RZhD for new construction as well as for repairs. In 2016 Russian…
DetailsThe Federal Antimonopoly Service has again postponed the hearing of the rebars price increase case. This time the hearing has been postponed till April 3. On July 21, 2016 FAS started the case on antimonopoly legislation violation on rebar market against Evraz, Severstal and Chelyabinsk Iron and Steel Works, a part of Mechel. The price…
DetailsThe Kirov Non-ferrous Metals Processing Works has put into operation the new line of coil milling by MINO (Italy). The investments into the project totaled 50 million rubles. This is an important stage of the large-width rolled metal production program. The line allows milling surfaces with the width of up to 1050 mm. This will…
DetailsThe total throughput of the Novorosiisk Sea Trade Port in January increased by 6.4% YoY, to 12.67 million tons. In particular, iron ore raw materials throughput dropped by 15.9% YoY, to 177 thousand tons, that of coal – increased by 45%, to 178 thousand tons. Ferrous metals throughput went up by 6.2%, to 963 thousand…
DetailsSeverstal has started transferring quality certificates into digital format with digital signature. No other major metal company in Russia has done this so far. The specialists of the sales and technical control finalize the testing of the pilot project at Cherepovetsk Iron and Steel Works. “Paper certificates take up a considerable document workflow of the…
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