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If the decree No. 1210 is supported by the Parliament, the industry will most likely start importing iron ore and not mining its own. “ArcelorMittal has already said they would review their policy and start importing iron ore, and not mining it in Ukraine, as it would become inefficient. The decree is bad for all…
DetailsAccording to Worldsteel, in January-August global steel output totaled 1240.29 million tons, up by 4.42% YoY. China is still the leader in the output with 609.36 million tons (53.6% of the overall manufacture). Of the 62 countries Ukraine is on the 13th place – 14.66 million tons produced, up by 4.82%. (Ukrainian metal)
DetailsNLMK Group, a global steel company, with operations in Russia, the US and the EU, has shipped 5 million tons of slabs to Vyksa Iron and Steel Works (VSW, part of OMK Group). NLMK Group and OMK created a unique process chain in Russia in 2012. NLMK manufactures slabs at it Lipetsk site from captive…
DetailsOn September 24 a 30-year miner was injured during preparatory works at the Lesnaya mine. Roof of the shaft collapsed and he received heavy injuries of chest, ribs and legs. According to preliminary information, the miners were not supposed to be at the place of the cave-in. (Ukrainian metal)
DetailsIn January-June the net profit indicators of Kyrgyzaltyn OJSC turned out to be 14 times higher than in 2018, press service of the company reported. The net profit of Kyrgyzaltyn amounted to 119.2 million soms. In 2018 the OJSC earned only 8.5 million soms over the same period. “Such high rates became possible thanks to…
DetailsMechel-Koks has shut down its coke oven battery No. 8 for reconstruction to decrease pollution. The coke oven gas pipeline and ammonium water pipeline will be replaced. During the reconstruction a temperature of around 1 thousand degrees C will be maintained at the battery in order to keep the refractory brick lining intact. The modernized…
DetailsThe coordination council of MMK and TMK has held a meeting. The parties discussed the results of cooperation and set prospects to continue it. This was the 27th meeting of the council. In 2018 TMK pipe plants received over half a million tons of flat rolled metal manufactured by MMK. In January-September deliveries will total…
DetailsBeloretsk Iron and Steel Works has started manufacturing a new import-replacing product – high-strength galvanized wire for cable industry. A customer has already approved of trial batches. At the customer’s request BMK has developed steel galvanized wire with the diameter of 1.85 to 3.05 mm with high-strength characteristics. Previously such products had to be purchased…
DetailsThe Belarusian steel mill BMZ continues strengthening its position on the global steel market in the segment of products intended for automotive industry, with the relevant sales exceeding $35 million in H1. The company intends to have doubled the figure by the end of the year, BMZ Press Secretary Aleksandr Olesik reported. According to the…
DetailsAnglo Asian Mining PLC (AAM), a gold producer in Azerbaijan, plans to begin production at new deposits. According to the information, electromagnetic intelligence revealed that there was a new field in the vicinity of Gadabay. “It also shows that there is a great potential in Ordubad, and the geological team is working on it,” the…
DetailsIn July Russia imported 11.6 thousand tons of ferrosilicomanganese, down by 32% MoM and by 8.3% YoY. Deliveries from Georgia dropped by 29% MoM, to 6.6 thousand tons, and from Kazakhstan – by 13%, to 5 thousand tons. In January-July imports totaled 113 thousand tons, up by 3% YoY. In monetary terms since the start…
DetailsSince the start of the year the Raspadskaya mine (a part of the Raspadskaya Coal Company) has extracted 5 million tons of coal, with 2 million tons extracted from site No. 1. In April the site No. 1 was one of the first to mine 1 million tons of coal from the same breakage face.…
DetailsRechitsa Metal Wares Works is the global leader in nails manufacture. Lately the company has been increasing sales to the far foreign countries and decreasing its exports to Russia. Thus its shares are now 42% and 34% respectively, with some 23% supplied to the local customers. The trend is due to more attractive prices on…
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