In January-November the foreign trade turnover of Lipetsk region totaled $3.451 billion. Exports accounted for $2.986 billion, and imports – for $464.9 million. The share of NLMK in exports was 81.6%. At the same time, ferrous metals imports accounted for 5%. (Ukrainian metal)Details
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NLMK Group, an international steelmaker, was ranked third in the Top 20 Energy Efficient Companies annual ranking, compiled by Expert RA based on performance data for 600 leading Russian companies. Sergey Chebotarev, NLMK Group Vice President for Energy, said: “Steelmaking is an energy-intensive industry, where expenditure on energy in integrated companies reaches 10-12% of production…Details
For several years Ventall has been designing, producing and supplying metal structures for construction to Azerbaijan. So far over 100 thousand square meters of constructions have been delivered to Azerbaijan. At present the company metal structures are used in the construction of candy plant in Khyrdalan. (Ukrainian metal)Details
This year Kolmar intends to mine 9 million tons of coal, up by 60% YoY. This is possible due to the commission of the Famur machine and the purchase of other mining machines. Moreover, this year Kolmar has started seriously developing two sites – Inaglinskaya and Vostochnaya Denisovskaya mines. Last year railroad sales totaled 3.5…Details
Kaluga is constructing a sports palace. Since spring Ventall has been participating in the process. The company has designed and manufactured metal structures for the roof of the ice arena with the size of 54×78 and the roof of the water premises with the size of 35×33.9 m. The volume of metal structures delivery reaches…Details
In January-October the demand for UGMK-OTsM non-ferrous metals processing works products increased by 14% YoY. Kirov Works increased output by 6%. Copper and brass sheets, plates and strips accounted for the most part of the output. The growth in the copper-nickel rolled metal output was 2.5-fold. Revda Works copper-nickel pipes manufacture grew 2-fold, and copper…Details
Severstal Russian Steel has chosen a supplier of the main machinery for the modernization of the steel degassing machine at Cherepovets iron and Steel Works. Danieli & C. Officine Meccaniche S.p.A. will supply the machinery. The first deliveries are expected until the end of 2020. The commission of the modernized machine is scheduled for Q2…Details
Zlatoust Electrometallurgical Works has repaired the billet mill-750 shearing press. The repair lasted for 5 days. The billet mill-750 produces rolled billet for further rolling at the mills-400 and 280, as well as round bars with the diameter of 90 to 210 mm, square bars with the size of 85 to 160 mm and flat…Details
Bidzhu Nair has been appointed a new CEO of ArcelorMittal Temirtau. The new director was presented to the company by Lakshmi Mittal on November 10. Nair previously held the office of the ArcelorMittal Zenica CEO. Since May 1, 2016 AMT has been chaired by Paramjit Kahlon, the CEO of ArcelorMittal Kriviy Rih. (Ukrainian metal)Details
The international ratings agency Moody’s Investors Service has changed its outlook on Ferrexpo plc rating from stable to positive. At the same time the Ferrexpo Group of Companies corporate rating has been confirmed on the B3 level and the default rating on B3-PD. The change follows the amendment of the Ukrainian government rating from stable…Details
This year the scrap procurement in Ukraine is expected to fall to 3.1 million tons. According to the UAvtormet Association, in January-November 2.8 million tons of scrap were procured, down by 14.6% YoY. Scrap deliveries to metal companies dropped by 6.9%, to 2.8 million tons. Exports in 11 months fell by 87.2%, to 40.9 thousand…Details
The current regulations do not allow Ukrzaliznystia to efficiently operate on the scrap market. “The scrap prices change very quickly. We cannot catch up with them with the current regulations”, the company director on legal issues and property policy Arthur Reznik declared. “According to our calculations, it takes us 3.5 months to start the selling…Details
Estonia-registered NT Marine has received a right to supply over 600 thousand tons of cocking and power-generating coal from Russia to Ukraine in December. This is almost 50% of all imports. In November Kuzbassrazrezugol, Evraz, NLMZ and MMK were allowed to supply coal. Russia supplies some 1.2-1.3 million tons of coal and coke to Ukraine…Details