According to the Russian Steel Association November forecast, in 2019 steel consumption in Russia is expected to grow by 4% YoY. The June forecast presupposed a 2% increase. In Q3 the local demand increased by 8.6%. Rolled metal exports decreased by 13%, while semi-finished products grew by 3%. (Ukrainian metal)Details
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Since the start of the year the number of employees in Ukrainian metal industry has decreased by 2.6% YoY, or by 5100 people, to 191 thousand. According to the State Statistics Service, in October the number of employees declined by 0.4% MoM. In mining and quarrying the number of employees dropped by 0.3%, to 193.2…Details
Evraz ZSMK rail and beam shop has produced the first batches of 60E1 and 136RE rails of unique steel grade. According to the order of Rumo All, Brazil, the company has produced rails of G2HH steel. The patent for such steel is owned by EVRAZ Pueblo. The peculiarity of this steel grade is that it…Details
Pervouralsk Pipe Works has successfully passed voluntary certification and confirmed its high level of business reputation according to Gazprom standards. During the audit the experts inspected the quality management system, market position, financial indexes and other PNTZ operation parameters. In May Chelyabinsk Pipe-Rolling Works also confirmed its status of Gazprom reliable supplier. (Ukrainian metal)Details
A headquarters has been created in connection with the situation at Kumtor mine, which includes representatives of relevant government agencies of Kyrgyzstan, the Ministry of Emergencies reports. According to the ministry, 92 rescuers continue to search for two missing employees of the company. According to preliminary information, a dramatic failure occurred at Kumtor mine at…Details
Nikopol Ferroalloy Plant has increased output plan for November to 38 thousand tons, as two of its blast furnaces Nos. 7 and 8 have been re-launched. Earlier the company has reported a decrease of output by 50%, to 31 thousand tons. The market is unfavorable to increase output. In October NZF manufactured 62 thousand tons…Details
In January-September Mangazeya Mining Ltd produced 26.728 thousand ounces of gold, up by 40% YoY. The company is operating at the Savkinskoye and Kochkovskoye gold ore deposits in Zabaikalye region. In 9 months some 8.66 thousand ounces of gold were mined at the Savkinskoye deposit, down by 39.7% YoY, because of the drop in ore…Details
Vyksa Iron and Steel Works has assembled over 50% of the metal structures of the projected 21 thousand tons for the building of the pipe-rolling shop, which will produce casing seamless pipes. The builders have started assembling roof and walls. The frame of the building is expected to have been completed by the end of…Details
Metinvest has invested almost 60 million UAH to improve the city of Mariupol, where two of its plants are situated – Mariupol Ilyich Iron and Steel Works and Azovstal. In particular, the group has created a chess club, on the basis of which a Multi-Hub SPALAH has been initiated, which has become a place to…Details
In November Ukraine decreased metal output. In particular, 1.39 million tons of pig iron were produced, down by 12.4% MoM, 1.31 million tons of steel, down by 15.8%, and 1.18 million tons of rolled metal, down by 17.4%. In 11 months Ukraine produced 18.46 million tons of pig iron (-1.4% YoY), 19.28 million tons of…Details
In November Ukraine produced over 2.75 million tons of coal, down by 8% from the target, the Coal Miners Union of Ukraine reported 2 with a reference to the data provided by the Energy and Coal Industry Ministry. “In November coal mining enterprises of Ukraine of all forms of ownership produced 2,754,546 tons of coal.…Details
In November the Tau-Ken Altyn gold-processing works reached its design capacity – 25 tons of gold. This year some 27 tons of gold are expected to be processed, or 108% of the target. In 6 years the company has processed over 92 tons of gold, with 80.83 tons delivered to the National Bank. The construction…Details
The department of inner market protection of the Eurasian economic commission has announced the prolongation of the special protective investigation of the welded corrosion-resistant steel pipes imports until January 3, 2020. The investigation began in February. It is focused on round pipes and tubes with the outer diameter of 6 to 115 mm and wall…Details