Property of a major non-ferrous metals scrap processor Vtormet Industrial Company LLC has been put up for sale with the initial price of 2.5 billion rubles. All the property (11 automobiles, manufacturing machinery, secondary raw materials, scrap and wastes) are auctioned as a single lot. The debt of 387 million rubles is also included in…Details
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Cherepovets Iron and Steel Works has commissioned new laboratory equipment to study the segregation of the furnace charge when it is loaded into the sintering machines. The equipment allows studying the processes by the height of the layer in detail. The machine was designed and produced by the specialists of the coke-sinter-blast furnace manufacture. It…Details
In July Russia imported 116 thousand tons of manganese ore, down by 11% MoM, but up by 19.3% YoY. Deliveries from South Africa and Kazakhstan decreased by 16% and by 18%, to 84.1 thousand tons and 13.8 thousand tons respectively. Gabon supplied 17.9 thousand tons, up by 40%. In 7 months imports totaled 636 thousand…Details
In July Russia exported 305 thousand tons of raw aluminum, up by 21.8% MoM and by 40.5% YoY. In 7 months exports totaled 1.9 million tons, up by 20.6% YoY. In monetary terms since the start of the year the exports have grown by 18.3%. Export prices in July dropped from $1680 to $1670 per…Details
Severniy Mining and Processing Works has spent over 1 billion UAH on modernization of its quarry machines. In particular, the Pervomaisky quarry received 2 BelAZ dump trucks and 1 Liebherr bulldozer. The latter will be used in the construction of new roads. In June 2 more BelAZs were added to the company fleet. Together they…Details
In July Russia exported 8.5 thousand tons of copper wire rod, up by 154% MoM, but down by 40% YoY. The increase is due to the growth of deliveries to Egypt to 3.1 thousand tons, and to Kuwait to 1.3 thousand tons. In 7 months exports totaled 74.6 thousand tons, down by 10.6% YoY. In…Details
In July Russia imported 39.9 thousand tons of copper ore and concentrate, up by 15.2% MoM, but down by 19.4% YoY. Deliveries from Malaysia totaled 23 thousand tons, and from Peru – 16.8% thousand tons, up by 53% MoM. In 7 months copper ore imports decreased by 29.7% YoY, to 247 thousand tons. In monetary…Details
Mechel-Service supplies rebars for the construction of new surgery premises of the cardiology center. The construction began in July. Mechel-Service supplies A500 rebars manufactured at Chelyabinsk Iron and Steel Works. So far 200 tons have been shipped. (Ukrainian metal)Details
On September 11 Akron Holding started managing the operation of the Volzhskaya Metallurgical Company, the manufacturer of aluminum sections. Until the end of the year Akron Holding will carry out a number of steps to improve financial conditions of the company. In particular, the product portfolio will increase and the machinery will be modernized. Volzhskaya…Details
India’s Commerce & Industry Minister Mr Piyush Goyal launched Steel Import Monitoring System to give advance information about steel imports to government and stake holders. The SIMS will provide advance information about steel imports to Government and stake holders including, steel industry, steel consumers to have effective policy interventions. In this system, the importers of…Details
Kuzbassrazrezugol has finished the scheduled replenishment of technological automobiles for 2019. The company subsidiaries have received and put into operation 87 new BelAZ quarry dump trucks with the lifting capacity of 90 to 360 tons. This year the company has purchased 49 units of 220-ton BelAZ-75306 trucks and 24 BelAZ-75131 with the lifting capacity of…Details
In January-June Metinvest decreased net profit by 39% YoY, to $408 million. The company revenue dropped by 6%, to $5.818 billion, and EBITDA – by 33%, to $890 million. At the same time the total and net debts remained unchanged – $2.753 billion and $2.474 billion respectively. (Ukrainian metal)Details