Severstal Steel Ropes has completed a project to develop packaging, copper and steel-aluminum ropes manufacture. Investments exceeded 260 million rubles. The project started in March 2019 and included two stages running at the same time – the placement of the packaging site in new premises and the creation of a manufacturing site to produce copper…
DetailsRailroad workers of the Severniy Mining and Processing Works intend to carry out a large-scale digitalization. In particular, the enterprise is installing two automated systems – the controller management and the railroad stations management. The automatization will help track the position of the trains, control the speed of locomotives and energy resources spending, as well…
DetailsIn February, Zaporizhstal produced 270.5 thousand tons of rolled metal, down by 4.8% YoY. At the same time, manufacture of pig iron increased by 3.3%, to 370.1 thousand tons, and steel – by 1%, to 321 thousand tons. In 2 months Zaporizhstal produced 562.5 thousand tons of rolled metal, 659.2 thousand tons of steel and…
DetailsThe state enterprise Yuzhniy Sea Trade Port and Ferrexpo have agreed to increase pellets exports. In January, Ferrexpo ordered the transshipment of some 500 thousand tons. In February the order grew. The TIS-Ruda terminal in the port, a joint venture of TIS and Ferrexpo, with the capacity of 7 million tons of pellets per year…
DetailsIn 2019 Zagorsky Pipe Works sold 575,459 tons of pipes, up by 15% YoY. Russian companies were the main suppliers of strips to produce large-diameter pipes. In particular, Severstal supplied 260 thousand tons, MMK – 217 thousand tons and Vyksa Iron and Steel Works – 130 thousand tons. Imports decreased by 11%, to 6%. Revenue…
DetailsThe property of Rostov Electrometallurgical Works has been sold at an auction. The new owner of the works is Novorossiysky Rolling Works. The property was sold for 6.5 billion rubles. The capacity of the Rostov enterprise is 0.73 million tons of steel and 0.53 million tons of rolled metal per year. (Ukrainian metal)
DetailsIn 2019 Pavlik gold-extracting company yielded 6.69 tons of gold, up by 2% YoY. In early 2020, the factory produced the 25th ton of gold since the start of the operation. In 2015 Pavlik produced 1.08 tons of gold, in 2016 – 3.83 tons and in 2017 – 6.54 tons. The company processing capacity is…
DetailsIn 2019 Severstal bought 25.6 billion rubles worth of goods and services from Volgograd region companies, up by 5.6 billion rubles YoY. The share of Volgograd companies in Severstal purchases amounted to 13%. Transport services accounted for 9.3 billion rubles, up 5-fold. Severstal is constructing the third blast furnace and the coke-oven battery No. 11…
DetailsIn 2019 gold exports grew 8-fold, to $5.7 billion, with almost everything shipped to the UK. In particular, the United Kingdom purchased $5.33 billion worth of gold, up 12-fold. UK accounted for 93% of all gold exports in 2019. Other 12 countries, including Kazakhstan and Switzerland, purchased $409 million worth of gold. (Ukrainian metal)
DetailsIn December 2019 Russia exported 27 thousand tons of ferrosilicon, down by 8% MoM, but up by 17% YoY. Deliveries to Turkey decreased by 43%, to 1.7 thousand tons, to Japan – by 24%, to 7.9 thousand tons, and to South Korea – by 71%, to 1.3 thousand tons. Exports to the Netherlands grew by…
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