In 13 years ArcelorMittal has invested over $4.4 billion in its Kriviy Rih assets, with more than 6 billion UAH invested in the environment-friendly machinery. AM bought the plant for $4.8 billion, and none of the 36 main units operated according to environmental standards. Now 4 coke-oven batteries, 2 blast furnaces, 3 converters and 2…Details
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In January-June Ukraine imported 2.566 million tons of aluminum ore and concentrate (bauxites), up by 11.7% YoY, valued at $112.740 million, up by 22.6%. According to the State Fiscal Service, the main suppliers were Guinea (57.09%), Guyana (37.53%) and Brazil (2.59%). In 6 months Ukraine exported 22 tons of aluminum ore and concentrate valued at…Details
Evraz ZSMK has received a certificate of correspondence to the requirements of the Customs Union of the DT400IK high-durability rails. The certificate allows the company selling the rails on the territory of the Union. The DT400IK rails are used in complex environment, characteristic of the Urals, Siberia and the Far East. The first batches of…Details
In January-June Yerkovetsky pit in Amur region mined 1.5 million tons of coal, up by 5% YoY. The pit resources are 5 billion tons of coal. The pit was commissioned in 1991. Its capacity is 2.5 million tons of coal per year. On the whole, in H1 Amur region mined 1.7 million tons of coal.…Details
In January-June Severstal steel output grew to 6.1 million tons. Pig iron manufacture increased by 1%, to 4.67 million tons. The sales of iron ore concentrate went up by 3%, to 2.73 million tons. The sales of large-diameter pipes in Q2 grew by 9%. (Ukrainian metal)Details
In June Zlatoust Electrometallurgical Works exceeded the output target. In particular, the company produced 5.054 thousand tons of liquid steel, up by 1.1% from the plan. The electric arc steel shop No. 2 produced 4.566 thousand tons. The company also manufactured 2.687 thousand tons of bars, with the mill-400 yielding 732 tons, up by 9%,…Details
Magnitogorsk Iron and Steel Works (MMK) was named the best exporter of high technology products among enterprises in the Urals Federal region of Russia. The winners of the “Exporter of the Year” awards were announced as part of the Global Manufacturing & Industrialization Summit 2019, held on July 9-11 in Yekaterinburg. MMK won the regional…Details
In January-June Ukraine increased carbon steel semi-finished products exports by 8.6% YoY, to 3.811 million tons, valued at $1.603 billion, down by 4.2%. According to the State Fiscal Service, exports went to Italy (30.58%), Egypt (15.35%) and Algeria (8.39%). In 6 months Ukraine imported 30.48 thousand tons of semis, up by 34.9%, valued at $18.388…Details
In January-June Ukraine decreased ferroalloys exports by 2.6% YoY, to 459.161 thousand tons, valued at $505.271 million, down by 6.2%. According to the State Fiscal Service, Turkey accounted for 17.13% of exports, Italy for 15.6% and the Netherlands for 9.62%. In 6 months Ukraine imported 22.075 thousand tons of ferroalloys valued at $72.873 million, down…Details
Amur Zoloto LLC, extracting gold in Khabarovsk region, obtained 805.5 kg of the precious metal in January-June, up by 40% YoY. The Yubileyniy Mining and Processing Works processed 59.5 thousand tons of ore mined at the Krasivoye deposit. Perevalniy GOK processed 59.7 thousand tons of ore. Buor and Udachniy sites yielded 120.3 kg of alluvial…Details
Severstal and Evraz Inprom are launching a technical platform of joint sales at the market.severstal.com under a pilot project. The goal of the joint project is to expand the geography of sales in Russia by using the warehouse infrastructure of partners. Now any client of the company can buy hot-rolled sheet from the warehouse in…Details
Igor Khafizov has been appointed CEO of Mechel-Mining. He has replaced Pavel Shtark, who has been appointed the Mechel deputy CEO on prospective development. Khafizov has been working for Mechel for 27 years. Since 2017 he has been Mechel-Mining deputy CEO. He was responsible for the operation of Yakutugol and Elgaugol. (Ukrainian metal)Details
In June Ukraine procured 324 thousand tons of scrap, down by 10% MoM. All the amount was supplied to the domestic metal companies, down by 8%. No scrap was exported in June (8 thousand tons in May). In January-June 1725 thousand tons of scrap were procured, down by 9% YoY. Domestic metal companies received 1688…Details