Russia: Metalloinvest increases rolled metal deliveries to KamAZ

Metalloinvest and KamAZ have negotiated the conditions of the three-year agreement on prices for high-quality rolled metal (SBQ) produced by Oskol Electrometallurgical Works (OEMK), which will come into effect on January 1, 2018. The discussion was held during the visit of the first deputy CEO, commercial director of Metalloinvest Nazim Efendiyev to KamAZ, where he…

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Ukraine: AMKR demands justice from Krivoy Rog authorities

ArcelorMittal Kriviy Rih has sent an open letter to the president of Ukraine Petr Proshenko, the Prime Minister Vladimir Groysman, the general prosecutor Yuri Lutsenko and the Krivoy Rog city mayor Yuri Vilkul. The company CEO Paramjit Kahlon voiced against the discriminative attitude to AMKR, connected with the increase of the land tax. The company…

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Ukraine: Interpipe sells tyres to Ukrzaliznytsia

On July 3 Ukrzaliznytsia announced a tender to buy tyres valued at 73.69 million UAH.

Interpipe Ukraine LLC won all the five lots. The difference with the expected price was 0.8%.

It should be noted that Interpipe prices were not the lowest. (Ukrainian metal)

Ukraine: coal imports up in H1 2017

In January-June Ukrainian power companies imported $1.257 billion worth of coal, up 1.8-fold YoY. According to the State Fiscal Service, Russia supplied 50.2% of the coal, USA – 27% and Canada – 8.7%. Russian share increased to $631.1 million from $446.3 million in January-June 2016. US increased sales from $95.9 million ton $340.5 million. Canada…

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Russia: Kedrovskiy gold auction fails

The auction to prospect, develop and mine gold at Kedrovskiy site in Khakasia failed, as there was only one offer – from ZapSibNK LLC.

The starting price of the site with the reserves of 77 tons was 60.946. The license would have been granted for 25 years. (Ukrainian metal)

Russia: MMK to receive Ural turbine

Ural Turbine Plant will supply a steam turbine T-42/50-2.9 to Magnitogorsk Iron and Steel Works. The turbine, capacitor, generator, heaters, pump equipment and pipelines will be assembled at the central electric plant of MMK. All the machinery will be supplied in Q2 2018. The new turbine will replace the AT-25 turbine, produced by the Ural…

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Russia: Metallokonstruktsia exports up in H1 2017

In January-June the Metallokonstruktsia works exported 338 million rubles worth of metal structures, up by 35% YoY.

According to the Ulyanovsk regional administration, the company is one of the major local exporters.

At present the company is finishing construction of the new galvanizing shop. (Ukrainian metal)