ChTPZ group intends to increase sales on foreign markets by participating in international projects. In 2019 the group will have high loading in the large diameter pipes segment. In particular, orders have been received to supply 130 thousand tons of large diameter pipes to Kazakhstan for the construction of the Saryarka gas pipeline. The group…Details
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Russian Deputy Prime Minister Dmitry Kozak has ordered preparation of two government orders limiting exports of scrap ferrous and non-ferrous metals from January 1, 2020. Exports must be carried out only via the commodities markets. A draft order will be prepared by the Industry and Trade, Economic Development and Finance ministries until September 1. The…Details
In January-May 8660 kg of ore gold was mined in Chukotka, down by 6.3% YoY. Silver output dropped by 9.3%, to 44.6 tons. Alluvial gold season will start this month. 5 enterprises mine ore gold in Chukotka. In 2018 the autonomous district yielded 24130 kg of gold and 111.4 tons of silver. (Ukrainian metal)Details
According to the company deputy managing director Irek Garipov, it intends to increase output by 5% YoY even despite growing competitiveness. While in 2008 there were only 7 manufacturers of roofing sheet, siding and metal tiles, in 2018 there were 11. 10 years ago there were 21 units of machinery to produce roofing sheet in…Details
In January-March, Russia produced 1.14 million tons of ferrous metal structures, up by 8% YoY. Construction metal structures manufacture totaled 0.9 million tons, up also by 8%. The largest manufacturers increased output by 9%, to 510 thousand tons. (Ukrainian metal)Details
Irbit Pipe Works Metallinvest has shipped the first batch of its new product – pipes in polyurethane foam insulation. At present the company is capable of producing up to 1 thousand tons of pipes per month and apply PUF insulation on pipes with the diameter of 57 to 820 mm. Such pipes are widely used…Details
Uralelectromed has started constructing a new warehouse to store sulfur acid. The commissioning of the warehouse is scheduled for December. “The new warehouse will decrease sulfur acid store volumes almost two-fold at the same time improving the efficiency of the acid loading to manufacturing shops”, the company chief engineer Alexei Korolev said. The size of…Details
In May Beloretsk Iron and Steel Works increased metal wares sales by 19% MoM, to 39 thousand tons. Machine-building, car manufacture and construction industry were the main drivers behind the growth in sales. The sales of welding alloyed wire and steel sections for car industry increased by 63% and by 51% respectively. The sales of…Details
In January-April Russia imported 2.174 million tons of ferrous metals, down by 15.6% YoY. In April imports grew by 4.83% MoM, to 0.66 million tons. The import of ferrous metals excluding pig iron, ferroalloys, waste and scrap totaled 1.73 million tons in 4 months, down by 8.3%, with April imports up by 3.92% MoM, to…Details
NLMK Group, a global steel company, has won a Silver award at the international Step Two Intranet and Digital Workplace Awards 2019 for the launch of its Intranet portal, which extends to all employees, promotes automation of business processes and enhances personnel engagement. The jury honored the main achievement of the NLMK project: the company…Details
The commercial court of the Dniepropetrovsk region has satisfied the claim of Spirit Finance LLC to the Yuzhniy Mining and Processing Works and decided to recover 1.3 billion UAH from the latter. In September 2017 the UGOK shareholders decided to pay dividends of 16.16 billion UAH (10.16 UAH per ordinary share). In due time the…Details
Zaporizhstal railroad transport department employees have been awarded Metinvest CEO prizes for labor, health and environment safety. “The winners have designed a number of projects on labor safety to improve the safety of the railroad operation to the maximum”, the company said. Zaporizhstal and Zaporozhkoks have become winners in the Labor competition-2018 contest. This is…Details
Prices of gold and silver increased in Azerbaijan on June 13 compared to the previous prices. The price of gold grew by 4.0885 manats, to 2,269.245 manats per ounce. The price of silver went up by 0.0288 manats, to 25.1396 manats per ounce. The price of platinum dropped by 9.962 manats, to 1,381.488 manats per…Details