Magnitogorsk Iron and Steel Works (MMK) was named the best exporter of high technology products among enterprises in the Urals Federal region of Russia. The winners of the “Exporter of the Year” awards were announced as part of the Global Manufacturing & Industrialization Summit 2019, held on July 9-11 in Yekaterinburg. MMK won the regional…
DetailsIn January-June Ukraine increased carbon steel semi-finished products exports by 8.6% YoY, to 3.811 million tons, valued at $1.603 billion, down by 4.2%. According to the State Fiscal Service, exports went to Italy (30.58%), Egypt (15.35%) and Algeria (8.39%). In 6 months Ukraine imported 30.48 thousand tons of semis, up by 34.9%, valued at $18.388…
DetailsIn January-June Ukraine decreased ferroalloys exports by 2.6% YoY, to 459.161 thousand tons, valued at $505.271 million, down by 6.2%. According to the State Fiscal Service, Turkey accounted for 17.13% of exports, Italy for 15.6% and the Netherlands for 9.62%. In 6 months Ukraine imported 22.075 thousand tons of ferroalloys valued at $72.873 million, down…
DetailsAmur Zoloto LLC, extracting gold in Khabarovsk region, obtained 805.5 kg of the precious metal in January-June, up by 40% YoY. The Yubileyniy Mining and Processing Works processed 59.5 thousand tons of ore mined at the Krasivoye deposit. Perevalniy GOK processed 59.7 thousand tons of ore. Buor and Udachniy sites yielded 120.3 kg of alluvial…
DetailsSeverstal and Evraz Inprom are launching a technical platform of joint sales at the market.severstal.com under a pilot project. The goal of the joint project is to expand the geography of sales in Russia by using the warehouse infrastructure of partners. Now any client of the company can buy hot-rolled sheet from the warehouse in…
DetailsIgor Khafizov has been appointed CEO of Mechel-Mining. He has replaced Pavel Shtark, who has been appointed the Mechel deputy CEO on prospective development. Khafizov has been working for Mechel for 27 years. Since 2017 he has been Mechel-Mining deputy CEO. He was responsible for the operation of Yakutugol and Elgaugol. (Ukrainian metal)
DetailsIn June Ukraine procured 324 thousand tons of scrap, down by 10% MoM. All the amount was supplied to the domestic metal companies, down by 8%. No scrap was exported in June (8 thousand tons in May). In January-June 1725 thousand tons of scrap were procured, down by 9% YoY. Domestic metal companies received 1688…
DetailsIn June Ukrainian metal companies received 670 thousand tons of coke, down by 21% MoM. In particular, the delivery of domestic coke fell by 15%, to 660 thousand tons, and imported – by 83%, to 10 thousand tons. In 6 months coke deliveries decreased by 2%, to 4.7 million tons, including 4.39 million tons of…
DetailsIn January-June Ukraine produced 5.19 million tons of bulk coke with 6% moisture, down by 3% YoY. In June delivery of coking coal to by-product coke enterprises dropped by 26% MoM, to 950 thousand tons. In particular, delivery of Ukrainian coal grew by 28%, to 310 thousand tons, while imports fell by 36%, to 640…
DetailsIn June Ukraine exported 3.42 million tons of iron ore raw materials, down by 9% MoM. In 6 months exports grew by 12%, to 20.75 million tons. Delivery of raw materials to domestic metal companies in June was 2.2 million tons, on par with May. In January-June deliveries dropped by 5%, to 14.6 million tons.…
DetailsIn June Ukrainian metal companies increased natural gas consumption by 7% MoM, to 150 million cubic meters. In 6 months consumption dropped by 5% YoY, to 890 million cubic meters of natural gas. At the same time electricity consumption in June dropped by 3% MoM, to 950 million kW-h, and in 6 months – by…
DetailsIn the Magnitogorsk Iron and Steel Works (MMK) long products shop, the overhaul of the two-thread fine-wire mill 170 was completed. Repair works on the unit were carried out simultaneously with the reconstruction work. As part of the modernization of the mill, which took place from May to June, the heating furnace was reconstructed, the…
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