The Center of standardization and certification of metal products of the Central scientific and research institute of ferrous metallurgy named after Bardin has prepared the first edition of amendments to the national standard GOST R 57837-2017 “Steel rolled sections. Hot-rolled flanged beams. Technical conditions”. The standard draft is being developed to make amendments taking into…Details
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In June Ukraine produced 1.627 million tons of steel, down by 10.9% MoM. Pig iron manufacture dropped by 12.7%, to 1.463 million tons, and rolled metal – by 15.6%, to 1.47 million tons. In H1 Ukraine produced 10.18 million tons of pig iron, 10.9 million tons of steel and 9.39 million tons of rolled metal,…Details
In June Ukraine produced over 2.7 million tons of coal, which was 8% less than planned, the Coal Miners Union of Ukraine reported with a reference to the data provided by the Energy and Coal Industry Ministry. “In June coal mining enterprises of Ukraine of all forms of ownership produced 2,743,300 tons of coal. The…Details
On June 26 the State Treasury Service transferred 7.56 billion UAH of budget reimbursement of VAT to companies. ArcelorMittal Kriviy Rih accounted for the largest amount of reimbursement – 635 million UAH. The company is followed by Metinvest-affiliated enterprises: Zaporizhstal – 606.8 million UAH, Mariupol Ilyich Iron and Steel Works – 460.8 million UAH and…Details
Zagorsky Pipe Works has started fulfilling the order of the sole heating supplier of the city of Tyumen – USTEK. The corresponding contract was signed in early June. ZTZ will supply pipes with the diameter of 530 to 820 mm in polyurethane foam insulation according to GOST 30732-2006. The combined length of the pipes and…Details
In January-May Nikopol Ferroalloy Plant decreased output by 7.1% YoY, to 320.057 thousand tons. In particular, the manufacture of silicomanganese dropped by 10.5%, to 291.98 thousand tons. At the same time, the ferromanganese output increased by 28.1%, to 19.55 thousand tons. The company also produced 9.04 thousand tons of other ferroalloys, up 2.4-fold. (Ukrainian metal)Details
This year Mechel coal output plan envisages the increase to 20-25 million tons. “Last year the output dropped by 9% YoY, to 18.8 million tons. Thus, the optimistic scenario presupposes the restoration of the output almost to the level of 2017. In 2020 the company sees the potential of the coal output growth to 25…Details
At the annual meeting on June 25, the shareholders of Chelyabinsk Zinc Works decided not to distribute the 2018 profit and not to pay dividends. The profit will be spent to finance the company investment programs. Last year ChTZ decreased net profit 3-fold YoY, to 1.8 billion rubles. The decrease is due to the company…Details
In April Russia exported 454.6 tons of tin ore and concentrate, up by 652% MoM and by 532.4% YoY. In January-April exports went up by 381.4% YoY, to 515.1 thousand tons. In monetary terms the exports since the start of the year have increased by 889.5%. In April the price dropped by 4%, to $9.3…Details
In April the export of raw copper from Russia totaled 56.7 tons, down by 74.8% MoM and by 50.4% YoY. In 4 months exports fell by 62.8%, to 508.7 tons. At the same time, the price grew by 27%, to $15.9 per kg. Kazakhstan accounted for 99.6% of purchases. Since the start of the year…Details
In April Russia exported 426.8 tons of copper rods and sections, down by 9.2% MoM and by 20.7% YoY. At the same time the price has increased by 7.4%, to $6.6 per kg. In 4 months exports dropped by 5.2%, to 1.7 thousand tons, and in monetary terms – by 4%. (Ukrainian metal)Details
The Ministry of Economy of Kyrgyzstan proposes to increase the tax rate on the income of mining and mining-processing enterprises by 3% in the case of sale of gold ore and concentrates and revise the tax royalty base in sale of metal ores and concentrates. Amendments to the Tax Code have already been submitted for…Details