In January-September Ukrainian ports transshipped 18.3 million tons of iron ore raw materials, up by 35% YoY. At the same time export growth rate in September dropped by almost 2%. In 8 months transshipment grew by 36.9% YoY, to 16.3 million tons. Yuzhniy port increased throughput by 43%, to 15.5 million tons and port Chernomorsk…Details
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In September Izhstal increased steel and rolled metal output. In particular, steel manufacture grew by 3% YoY, to 18.3 thousand tons, and rolled metal – by 4.5%, to 29.8 thousand tons. The company has mastered the manufacture of 800 steel grades. It can produce rolled metal with round (6.5-200 mm), square, hexagonal and strip sections.…Details
By the decision of the World Steel Association members at the annual meeting the Corporation of the Ferrous Metals Manufacturers (Chermet Corporation) has been accepted as an affiliated member. This category is reserved for industry associations, as well as scientific and technical organizations acting in the interest of developing the metal industry. The membership in…Details
Cherepovets Iron and Steel Works (CherMK), one of the largest integrated steel plants in the world (a part of Severstal’s Russian Steel division), has announced plans to increase the amount of electricity it generates using by-product industrial gases. CherMK consumes 5.9 billion kWh of electricity per year, 78% of which the plant generates itself. As…Details
Metalloinvest has signed an agreement with MUFG for ECA-backed financing in the amount of EUR 9.9 million. The loan will be used for the technical re-equipping of CCM-3 at OEMK, with the equipment supplied by Inteco melting and casting technologies GmbH. Insurance cover will be provided by Oesterreichische Kontrollbank AG, the Austrian export credit agency.…Details
In January-September TMK decreased pipes sales by 2% YoY, to 2.93 million tons, mostly due to the drop in sales in the American division. Sales of seamless pipes went down by 1%, to 2.003 million tons, and welded – by 5%, to 927 thousand tons. Sales of OCTG pipes decreased by 4%, to 1.364 million…Details
In January-September Tulachermet decreased pig iron exports by 7.2% YoY, to 1.37 million tons. In particular, deliveries to the USA dropped by 8.6%, to 877 thousand tons, and to Turkey – by 28.5%, to 110 thousand tons. At the same time exports to Spain resumed (they were stopped in October 2017) and reached 90.2 thousand…Details
The Antimonopoly committee of Ukraine has fined Corum Ukraine for 53 million UAH and the scientific and manufacturing company Mining Machines for 3.3 million UAH for the breach of the legislation on economic competitiveness protection. The AMCU found out about the violations at the three auctions held by the state enterprise Lvivugol, in which the…Details
The Ministry of economy, trade and agriculture development expects steel output in 2019 to grow by 4% YoY, to 21.927 million tons. The ministry believes that rolled metal manufacture will increase by 3%, to 18.842 million tons, and pig iron – by 1%, to 20.69 million tons. The forecast is based on the output in…Details
In January-June air pollution in Krivoy Rog increased by 15% YoY. According to the environment department of the city council, in particular, ArcelorMittal Kriviy Rih increased pollution by 27%, InGOK – by 15%, Metinvest KRMZ – by 13%, Sukhaya Balka – by 3% and CGOK – by 1.6%. The worst situation in Q3 was at…Details
In January-September Sukhaya Balka Mine decreased iron ore output by 1.1% YoY, to 2.015 million tons. In September iron ore output totaled 214 thousand tons. In 2018 output increased by 8.4% YoY, to 2.725 million tons. The capacity of the mine is 3.1 million tons of ore per year. (Ukrainian metal)Details
In September Ukraine exported 5.36 million tons of semi-finished steel products valued at $2.24 million, up by 9.4% and by 8.2% YoY respectively. The share of semis in the exports exceeded 6%. More than half was shipped to Italy (34%), Egypt (15.5%) and Turkey (14.8%). (Ukrainian metal)Details