In 2019, Ferrexpo received $403.293 million of net profit, up by 20.3% YoY. Revenue grew by 18.3%, to $1.506 billion. EBITDA increased by 17%, to $586 million. Capital investments went up by 83%, to $247 million. (Ukrainian metal)
DetailsPervouralsky Pipe Works, a part of ChTPZ, has carried out a project to optimize OCTG pipes manufacture, which will allow increasing output and improving quality control. In particular, the compressor-pump pipes manufacture is expected to grow by 50%, and casing pipes – by 30%. Investments totaled 50 million rubles. In 2019, ChTPZ accounted for 18%…
DetailsOver 3.3 thousand units of new machinery and equipment will be supplied to Kola Iron and Steel Company, a part of Norilsk Nickel, in 2020. Investments will total 2.6 billion rubles. In particular, the Severniy mine will receive dump trucks and drilling machines. Anode cells, new polymer-concrete baths and a lot of pump machines will…
DetailsIn 2019, Uralelectromed produced 413,346 tons of cathode copper, up by 3.2% YoY. This is the highest output ever. According to the chief engineer Alexei Korolyev, the high result is due to stable raw materials deliveries as well as using highly efficient machinery in the new copper electrolysis shop. The company has also increased blue…
DetailsSukremlsky Pig Iron Works has mastered the manufacture of chain links and fire-bars. Chain links are used in the construction of casting machines. The company produces them of 110G13L steel and intends to manufacture some 1.6 thousand pieces per year. Fire-bars are used in the sintering trolley. They are made of ICh30018G3 pig iron. The…
DetailsIn December 2019, Russia exported 436 tons of long rolled copper, up by 43% MoM and by 78% YoY. Price remained unchanged at $5.7 per kg. Deliveries to Belarus grew by 39%, to 160 tons, to Germany – by 170%, to 63 tons, to Kazakhstan – by 45%, to 58 tons, and to Ukraine by…
DetailsIn January, Russia exported 6.1 thousand tons of ferromanganese, down by 6% MoM, but up by 74% YoY. Price dropped by 4%, to $971 per ton. Deliveries to USA decreased by 21%, to 3.2 thousand tons, and to Ukraine by 12%, to 1.5 thousand tons. At the same time exports to Kazakhstan grew 1.5-fold, to…
DetailsMariupol Ilyich Iron and Steel Works has finished constructing dust-exhaust systems for the blast-furnace manufacture. The cost of the project was over $31 million. The construction began in August 2019. Soon bag filters will be installed at all blast furnaces. (Ukrainian metal)
DetailsIn January, Russia’s exports totaled $29.9 billion, down by 7.9% YoY. According to the Federal Tax Service, the share of metal and metal wares was 8.7% (8.6% in January 2019). The share of exports to far foreign countries dropped from 8.1% to 7.5%, but to CIS grew from 13.1% to 18.6%. Exports of aluminum decreased…
DetailsIn 2019, Kazakhmys mined 30.696 million tons of ore, up by 1.6% from the target. Average copper content in processed ore was 0.94%, while the target was 0.90%. The company produced 245.924 thousand tons of refined copper, up by 1046 tons from the target. Gold ingot output totaled 4428 kg and silver – 223,496 kg.…
DetailsEnergomashspetsstal has received a qualification order from General Electric. Under the project to produce a low-pressure turbine rotor for the Akkuya NPP third unit, EMSS will manufacture two qualification billets – a shaft with the weight of 54 tons and a disc of 39 tons. A GE representative visited EMSS in mid-February to check manufacturing…
DetailsIn 2019, Cherepovets Iron and Steel Works repaired 21.28 km of railroads and 70 switches. The company spent 505 million rubles on the work. This year, some 515 million rubles will be spent on the repair of 16 km of railroads and replacement of 91 switches. CherMK also plans to buy 7 new TEM-9 locomotives.…
Details