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…
DetailsIn 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…
DetailsDuring 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…
DetailsRussian 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…
DetailsMariupol 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…
DetailsKarelsky 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…
DetailsIn 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…
DetailsDTEK 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…
DetailsAlexander 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,…
DetailsIn 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…
DetailsUkraine 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…
DetailsThe 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…
DetailsEnergomashspetsstal 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)
Mariupol Ilyich Iron and Steel Works has launched the first phase of Hot Strip Mill (HSM) 1700 modernization. The large-scale upgrade of rolling equipment for HSM 1700 will include installation of modern coiling equipment able to handle coils up to 27 tons. Major overhaul of Reheat Furnace No.1 will be part of the second phase.…
DetailsIn January-July MMK sold 948 thousand tons of metal in Povolzhye region. For the company this is the second largest sales region of Russia after the Ural region. MMK supplies mostly hot-rolled metal to Povolzhye. Cold-rolled metal sales start growing. The main consumers in Povolzhye are construction and machine-building – 54% and 25% respectively. (Ukrainian…
DetailsIn January-July Russia exported 2.03 million tons of aluminum, up by 0.3% YoY. According to the Federal Service of State Statistics, exports to foreign countries grew by 0.1%, to 1.99 million tons, while those to CIS dropped by 8.1% YoY, to 61.5 thousand tons. At the same time in monetary terms exports fell by 28.1%,…
DetailsPoltava Mining and Processing Works has been granted the right to trade in its shares. The decision to prohibit deals with PGOK shares was taken on November 11, 2014. The last trade at Ukrainian Stock Exchange was carried out on November 14, 2014, with share price going up by 2.65%, to 16.48 UAH. PGOK was…
DetailsAccording to the Independent miners union of Ukraine, the state owes 890 million UAH to miners, or $33.4 million. Earlier the minister of energy and coal industry Igor Nasalik claimed the debt was 355 million UAH ($13.3 million). “This is not true, as some state-run coal companies still have December 2015 salary debts. According to…
DetailsArcelorMittal Kriviy Rih is updating its converter No. 6, having installed the slag control manipulator. The new equipment will decrease manufacturing expenses and improve steel quality. The manipulator was supplied by Monocon. The same equipment has already been assembled at converter No. 5. After it was put into operation the slag layer in the steel…
DetailsIlyich-Stal, a part of Metinvest, has sold 29.837 thousand shares or 99.45% of Ilyichevskoye insurance company. The company had 10 deals of 2730 shares each and one deal with 2537 shares. Ilyichevskoye has been working on the insurance market of Ukraine since 2005. It has 30 licenses. In H1 the company increased payment received by…
DetailsThe Ministry of energy and coal industry has developed a program that presupposes the reforming of the state coal industry until 2020 valued at 25.28 billion UAH. Of this sum 10.57 billion UAH will be provided from the state budget. Direct investments to cover differences between the prime cost of coal and sale price at…
DetailsThe state enterprise Vostochny Mining and Processing Works has ordered Temp LLC transportation of uranium ore valued at 5.78 million UAH. By December the company will have to transport 45 thousand tons of uranium ore from Novokonstatninovskaya mine to Ingulskaya mine (around 55 km). Temp has been monopolizing VostGOK transportation tenders since September 2011 –…
Details