The National anticorruption bureau of Ukraine suggests the State Property Fund to annul the contract with the Zaporozhye Titanium and Magnesium Works director suspected in 492 million UAH embezzlement. According to the bureau chairman Artem Sytnik, the ZTMK director has violated several clauses of the contract. The bureau also suggests the SPF to analyze the…Details
In January the world pig iron manufacture increased by 6.78% YoY, to 97.586 million tons. CIS countries increased output by 5%, to 6.855 million tons. In particular, Ukraine produced 2.03 million tons. North America increased pig iron output by 4,7%, to 2.56 million tons, EU – by 4.1%, to 8.25 million tons, South America –…Details
Energomashspetsstal has created an ingot weighing 415 tons. The ingot will be used to produce a shell of the reactor for one of the nuclear power plants being constructed. EMSS used the newest techniques in the production of the ingot. The ingot has been delivered to the AKK-15000 forging mill. The total weight of the…Details
The acting chairman of the State Service of geology and soil Nikolai Boyarkin has signed 4 orders to allow the Nuclear Energy Systems of Ukraine LLC to prospect and mine uranium in Nikolaev and Dniepropetrovsk regions. In February 2016 the company addressed the service to provide allowances to operate on 5 uranium ore deposits for…Details
The Ukrainian Energy and Coal Industry Ministry intends to reduce grade A coal consumption from 9.5 million tons to 6 million tons in 2017, minister Ihor Nasalyk has stated at a meeting of the Cabinet of Ministers of Ukraine. “The ministry has developed and is implementing four programs enabling us to replace more than 3.5…Details
The mine-constructing management of the Gaysky Mining and Processing Works is finishing construction of an important object for the underground mine – the complex of wagons in the mineshaft. “The goal of this complex is to bring up wagons with rock to the surface. The daily capacity of the complex is expected to amount to…Details
In February Ukraine produced 1.71 million tons of steel, down by 18.7%, or by 393 thousand tons MoM. The average daily steel smelting in February dropped to 61.1 thousand tons from 67.8 thousand tons in January. Pig iron production in February decreased by 18.2%, to 1.565 million tons, rolled metal output dropped by 20%, to…Details
In 2016 Severstal Distribution sales increased by 6% YoY, to 1.545 million tons. Last year the companies of the network sold 14% of all the Severstal Russian Steel products. Half of the total volume, or 756 thousand tons of metal, was delivered to Russian customers. The North-Western Federal district companies sold 47% of the total…Details
The Privolzhsky subsidiary of the Rosbank has signed an agreement on the 6 billion rubles credit line with Vyksa Iron and Steel Works, a part of OMK. The contract stipulates provision of loans in rubles, dollars and euros. “Rosbank started cooperating with the Vyska Works in 2006, and now it’s one of our strategic partners.…Details
Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, says it handled 3 million tons of coal in January-February. The milestone ton was loaded onto Panamax ship Lucky, the 49th vessel handled at the terminal from the year beginning. In February…Details
U.K.-based mining giant Evraz, which operates mainly in Russia, expects its net debt to earnings before interest, taxes, depreciation and amortization (EBTIDA) ratio to fall to below 3x in January-June from 3.1x as of the end of 2016, president Alexander Frolov said in a conference call. Evraz’ dividend policy stipulates that the company may pay…Details
Evraz is in the process of selling its Evraz Yuzhkoks Works, uniting Bagley and Dneprodzerzhinsk coke and chemical plants. “The conclusion of the transaction requires several conditions, which the sides cannot fully influence”, Evraz said. According to the company, the payment of assets will be made by installments by August. Apart from the two coke…Details
Azovstal Iron and Steel Works planned to increase output in 2017 by 0.8-0.9 million tons, to 4.2-4.3 million tons, but because of the trade blockade of the occupied territories it revaluated the forecast to 3.15 million tons. “If the situation persists and we still operate under the blockade regime, we might not even reach 3…Details
Russia suggests creating an OPEK-like international organization in the aluminum industry. “This is just a suggestion. But we would like this organization to function with direct government participation and state representatives. For the first stage even an association will be enough. The main thing is that all the countries, which are major manufacturers and exporters…Details
Avdiivka Coke and Chemical Works has coal enough for 13 days of operation. “At present only two out of four coking shops are operating”, the company CEO Musa Magomedov said. According to him, the situation with heating in the town is normal, as the works supplies it. “The shelling and shooting is actively carried out.…Details
In January Dneprospetsstal produced 20.29 thousand tons of steel, down by 5.1% MoM.
At the same time, rolled metal output increased by 4.1% MoM, to 14.17 thousand tons.
The total cost of products manufactured in January reached 619.9 million UAH, up by 7.3% MoM. (Ukrainian metal)
In February Zaporizhstal produced 254.3 thousand tons of pig iron, 293.3 thousand tons of steel and 247.1 thousand tons of rolled metal. According to the company YoY decrease has to do with the blast furnace No. 3 being shut down in November 2016 for a large-scale overhaul. The company invested 1.5 billion UAH in the…Details
In January Russia transported 5.9 million tons of ferrous metals via its railroad network, up by 7.3% YoY. The key importers, which increased volumes, were Turkey (up by 25% YoY), Taiwan (up by 10%) and the USA (up 1.5-fold). At the same time Italy decreased imports by 15%. In the short term ferrous metals exports…Details
In January raw magnesium production increased by 7.3% YoY and by 1.4% MoM.
According to the Federal Service of State Statistics, magnesium alloys output went up by 21.5% YoY, but dropped by 35.5% MoM. (Ukrainian metal)
The Sredneuralsk Copper Works, a part of UMMC, has assembled a centrifugal casting machine and two induction melting furnaces with the capacity of 1 ton each at its non-ferrous castings site. The size of the site, which is situated in the repairs premises, is 400 square meters. The company has also purchased two casting ladles…Details
TUV has audited the welding processes at the Zagorsky Pipe Works.
Technological welding processes and pipe repairs have been certified according to EN ISO 15614-1.
The welders have been certified according to ISO 9606-1. (Ukrainian metal)
As the result of the coal blockade of Donbass Ukraine could lose some $3.5 billion of revenues a year, as well as 75 thousand jobs and 4 billion UAH budget revenues. According to the Ukrmetallurgprom president Alexander Kalenkov, the blockade also affects energy and metal systems of Ukraine. The local metallurgical complex is a single…Details
After the coal deliveries from the temporarily occupied regions of Donbass have been blocked, Ukraine has only two countries from which to buy it – USA and Russia, and the latter has just increased its price by 37%. “At first Avdiivka Coke and Chemical Works was shut down following the shelling, then people blocked the…Details
Enterprises of DTEK private energy holding located on the territory of Donbass temporarily uncontrolled by Ukrainian authorities have been working and will work within the framework of Ukrainian legislation, DTEK Director General Maksym Timchenko said. “The company has been working and will continue to work exclusively within the framework of Ukrainian legislation,” he said. According…Details
In 2016 Severstal supplied 350 thousand tons of metal to Russian and foreign car-producers in Russia. “The decrease in demand on the Russian automobile market in 2016 totaled 2%. Still Severstal was able to increase its deliveries by 12% YoY. The growth was mostly achieved by substituting high quality imported steels”, Severstal Russian Steel sales…Details
In 2016 Russia produced 10.3 million tons of steel pipes, down by 9% YoY. According to the Fund on development of pipe industry, consumption dropped by 10%, to 9.7 million tons. The main reason is the decrease in demand for large diameter pipes. Last year it decreased by 35% YoY, to 2.14 million tons. On…Details