Nadezhdinsky Iron and Steel Works has started exporting steel to be used in the manufacture of pressure cylinders to European plants. In Q2 exports exceeded 2 thousand tons. “A trial batch of 66 tons was shipped in April. The customer carried out tests, saw the quality and started placing orders. In September-October we have to…Details
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Cherepovets Iron and Steel Works has started constructing a plate-straightening machine No. 4. The cost of the investment project exceeds 1 billion rubles. The company plans to increase high-quality steel output to 10 thousand tons per year. The new machine is expected to reach its design capacity in Q1 2020. (Ukrainian metal)Details
Electrostal Tyumeni has mastered the manufacture of new metal products – angles No. 4 with flanges of 5, 4 and 3 mm made of carbon steel. A trial batch has already been shipped to the customer. The company continues mastering new products. In particular, in September-October it plans to start producing equal angles Nos. 3…Details
The Verkhovna Rada of Ukraine has approved a draft decree to implement licensing of uranium mining by the State Inspection of Nuclear Regulation. The draft decree has been backed by 293 members of the parliament. Now only processing and transportation of uranium ores are licensed. (Ukrainian metal)Details
Mariupol Ilyich Iron and Steel Works and Azovstal have successfully passed the SASO certification audits necessary to continue exporting metal to Saudi Arabia. The audit showed that the companies were controlling the quality when fulfilling orders. The SGS Ukraine representatives inspected the steel manufacture, as well as documents to produce metal and make samples. Metinvest…Details
Agency of the Far East on attracting investments and export support and Ozernaya Mining Company LLC have agreed to construct until 2023 an enterprise to mine and process lead and zinc ores and produce zinc and lead-silver concentrate in the north of the Republic of Buryatia. On the basis of the polymetalic ores deposit of…Details
Coal industry of Kazakhstan is sustaining losses after Russia imposed limitations on the export of coal to Ukraine. According to the Association of mining and metallurgical enterprises, in June-September coalmining companies intended to ship 584.12 thousand tons of coal to Ukraine via Russia, but the Russian Ministry of Economic Development approved only 233.5 thousand tons.…Details
In January-June Russia extracted 142.223 tons of gold, up by 11.41% YoY. The growth is due to the Natalkinskiy Mining and Processing Works in Magadan region reaching its design capacity. Petropavlovsk has commissioned its autoclave manufacture and until the end of the year intends to get 15.5 tons of gold. Russia is expected to produce…Details
In June Russia imported 28 tons of molybdenum including scrap, up by 63.2% MoM and by 77.8% YoY. China increased supplies by 22%, to 12.2 tons. After a drop in May imports from Germany grew 2-fold, to 14.4 tons. In H1 molybdenum imports totaled 157 tons, up by 2.4% YoY. In monetary terms since the…Details
In June Russia imported 7.7 tons of tungsten including scrap, down by 25% MoM and by 82% YoY. China supplied 7.1 tons, down by 17% MoM. In H1 tungsten imports totaled 64.3 tons, down by 35% YoY. In monetary terms since the start of the year imports have dropped by 16.2%. Import prices in June…Details
Since the start of the year Mechel-Service has supplied almost 2.5 thousand tons of rolled metal for the construction of the Moscow subway. Most of the products – rebars, sheet and beams – are manufactured at Chelyabinsk Iron and Steel Works. Metal wares, strips and shaped sections are also supplied to the construction site. Cold-deformed…Details
ArcelorMittal Kriviy Rih has opened its second metal warehouse in Odessa. The new site has a size of 6 thousand square meters and can accommodate up to 10 thousand tons of metal products. The second warehouse in Odessa is aimed at increasing sales in the southern regions. The choice of Odessa was stipulated by a…Details
Times of India reported that Maruti Suzuki has decided to set up a old vehicles dismantling plant along with a subsidiary of Toyota. The venture between Maruti and Toyota Tsusho India will supply, dismantle and process end-of-life vehicles, and market and sell scrap and other products generated from such activities In doing so, the Maruti-Toyota…Details