On November 11, shareholders of Chelyabinsk Iron and Steel Works will discuss the early termination of the board office and elect a new one. The acting board was elected on June 21. It includes board chairman Igor Zyuzin, managing director Rashid Nugumanov, HR director Natalia Trubkina, Mechel-Steel director Valery Usachev, Mechel-Steel general director economics and…Details
If Ukrzaliznytsia sells 300 thousand tons of accumulated scrap, it will get some 1.1 billion UAH. According to Ukrmetallurgprom letter to Ukrzaliznytsia, in mid-2015 Ukrainian Railways stopped selling such scrap due to unknown reasons. “As of September 2015 Ukrzaliznytsia should have stocked 83 thousand tons of scrap. We believe that in 2012-2015 it was also…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* min max min max June 413 413 413 430 July 413 413 430 430 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16 according to the National Bank of Ukraine and the Central Bank of the…Details
Mikhailovsky Mining and Processing Works has started supplying iron ore pellets to the Hungarian works of Dunaferr, owned by the Industrial Union of Donbass (Ukraine).
So far 67 thousand tons of pellets have been supplied. In Q4 MGOK plans to supply 160.2 thousand tons of pellets.
Ukrmetallurgprom and Vtormet have initiated changes to legislation to lead the scrap market out of the shade. “We have just signed the letter to the prime-minister Vladimir Groysman on legislation initiatives. They will make the scrap market more clear”, the Ukrmetallurgprom president Alexander Kalenkov said. In particular, the changes propose the cancellation of VAT in…Details
Month Russian market, $/t, EXW, without VAT, $1/RUR67.05* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.798* Export, Ukraine, $/t, FOB Black sea ports min max min max min max June 423 564 353 442 370 380 July 389 522 336 395 365 380 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 31.07.16…Details
In January-August Kemerovo region companies mined 148.2 million tons of coal, up by 9% YoY, with 20.6 million tons mined in August, up by 2.6 million tons YoY. Output increase has been observed at SUEK-Kuzbass (by 8.8 million tons) and Kuzbassrazrezugol (by 0.5 million tons). On the other hand, Zarechnaya, Yuzhny Kuzbass and Raspadskaya Coal…Details
Energomashspetsstal will produce supporting rolls for ArcelorMittal Spanish and French works.
According to the company statement, rolls will be supplied to AM Aviles and AM Mardyck.
The total weight of rolls will reach 118 tons. They are intended for hot- and cold-rolling strip mills. (Ukrainian metal)
In mid-November Mariupol Ilyich Iron and Steel Works plans to complete the capital repairs at converter No. 2.
The machinery was assembled in late August, the workers are now actively disassembling metal structures.
According to the company CEO Yuri Zinchenko the works is also reconstructing dust and gas collectors. (Ukrainian metal)
The hot-rolled metal market is stable now after the local demand increase in spring. According to NLMK, a slight seasonal price decrease is expected at the end of the year. As to the cold-rolled metal, its consumption in January-July dropped by 2.5% YoY, though at present a seasonal increase in demand is observed. Demand for…Details
In October Ukraine will keep steel and rolled metal production on September levels – 2 and 1,7 million tons respectively. According to Ukrmetallurgprom, pig iron output will also be on the September level – 2 million tons. In January-August Ukraine produced 16.37 million tons of steel, 15.96 million tons of pig iron and 14.38 million…Details
During her visit to Kandalaksha the Murmansk region governor Marina Kovtun got acquainted with the project of Kandalaksha Aluminum Works casting division modernization. A new wire rod rolling mill has been assembled at the works and is now being prepared to be put into operation. According to KAZ general director Andrei Terentiev, the project will…Details
Russian aluminum giant UC Rusal plans to raise domestic sales of aluminum by 7-8% YoY to more than 850,000 tons in 2017, Roman Andryushin, the company’s director for sales in Russia and CIS, reported. “I am sure that we will exceed (the sales) of 800,000 tons (this year). Last year, we sold 754,000 tons, so…Details
Mariupol Ilyich Iron and Steel Works has started producing high-strength hot-rolled coil of S460MS grade according to EN 10149-2. “This rolled metal is used in machine-building, that needs high strength and low weight of wares”, said the company in its statement. The first 120 tons of the new metal have been delivered to Poland. The…Details
Karelsky Okatysh (a part of Severstal) has started producing new wares – metallized pellets (DR-pellets). This new product will allow the works to get to new markets. DR-pellets have less impurities and higher physical characteristics: increased abrasive resistance and reactivity index. “We see pellets overproduction on the Russian market in the next 2 years. So…Details
In January-August mining companies of Zabaikalye region mined 7772 tons of gold and 30657 tons of lead concentrate, up by 14.45% and 20.15% YoY respectively.
According to the Ministry of natural resources and industrial policy of the region, zinc concentrate output, on the other hand, dropped by 2.45% YoY, to 4.89 thousand tons. (Ukrainian metal)
According to the Ukrmetallurgprom president Alexander Kalenkov, the decree on scrap export duty increase, signed by the Ukrainian President Petro Poroshenko, will play a major role in industry revival. “This decree is very useful for Ukraine, as we feel a sharp shortage of scrap. In 2015 Ukraine exported 1.2 million tons of scrap, it was…Details
DTEK plans to increase coal output at its mines in the second half of 2016 by 3.5 million tons HoH. According to the company commercial director Vitaly Butenko, Ukraine’s thermal power plants need 1.5 million tons of gas coal per month, with DTEK supplying 1.2-1.25 million tons. Because of the increase in investments DTEK will…Details
Alexander Vladychenko has won the competition for the office of the Ministry of energy and coal industry coal department director.
Previously he worked as the general director and the chairman of the supervisory board of Belozerskaya mine, deputy director and chairman of Mine Group Donbass as well as the executive director of Ukrexpert. (Ukrainian metal)
In January-August Ferrexpo produced 7.52 million tons of iron ore pellets, down by 1.8% YoY. According to the company statement, concentrate output went up by 2.3% YoY, to 9.56 million tons. In August pellets output increased by 79 thousand tons MoM, to 939 thousand tons, while that of concentrate went up by 86 thousand tons,…Details
In January-August Evraz Sukhaya Balka produced 1.86 million tons of iron ore, down by 1% YoY.
In August iron ore output totaled 327 thousand tons, up from 232 thousand tons in July.
In 2015 Evraz Sukhaya Balka produced 2.81 million tons of iron ore, down by 2.7% YoY. (Ukrainian metal)
In January-August Interpipe-Steel produced 401 thousand tons of steel, up by 1.5% YoY.
In August the works smelted 45 thousand tons of steel, down from 53 thousand tons in July.
The company confirmed problems with ferrous scrap supplies. (Ukrainian metal)
In January-August Ukrainian companies supplied 1.99 million tons of ferrous scrap to local metal producers, down by 8.1% YoY. According to the Ministry of economic development and trade, this is 83% of the scrap needs. In August metal companies received 240 thousand tons of scrap and 254 thousand tons in July. Scrap exports in January-August…Details
Ukraine sees the decrease in scrap procurement. In H1 scrap procurement dropped by 40% YoY. In January-June Ukraine procured 1590 thousand tons of scrap, down from 2393 thousand tons in H1 2015. The main reason for the decrease is the low local prices. As of July 1, 1 ton of scrap FOB Black Sea cost…Details
The President of Ukraine Petro Poroshenko has signed a decree, which increases the ferrous scrap metal export duty from 10 euro per ton to 30 euro. The Verkhovnaya Rada adopted the decree on April 21. The decree presupposed the temporary duty increase – for 3 years. But the President vetoed it, and returned it to…Details
Energomashspetsstal has concluded a contract to produce machinery for ISD Dunaferr (Hungary).
EMSS will produce 5 slag ladles with the volume of 11 cubic meters. The weight of the lot will be 82 tons. The products will be shipped to the buyer in November.
Energomashspetsstal has been producing slag ladles since 1987. (Ukrainian metal)