Russia: NLMK Group expands premium transformer steel portfolio

NLMK Group is bringing a series of new premium grade transformer steels to the global market. The new grades of steels are designed for manufacturers of energy-efficient transformers, including those featuring stranded magnetic conductors, that are cost-efficient and easy to manufacture, and are widely used in individual housing construction. Advanced grades of transformer steel, namely…

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Kazakhstan: KAC receives TKZ equipment

The Taganrog Boiler-Making Works “Krasny Kotelshchik” (TKZ), a member of PJSC Power Machines, has completed the delivery of a drum complete with separation devices and expansion rollers for the Kazakhstan Aluminum company TPP (Pavlodar, the Republic of Kazakhstan), a member of the Eurasian Group (ERG). This large-scale item was designed and manufactured within the framework…

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Belarus: BMZ reroutes export due to European Commission’s antidumping duty

The Belarus Iron and Steel Works has rerouted its export after the European Commission introduced a five-year antidumping duty on steel rebars, BMZ Deputy Director General Andrei Kulakovsky declared. Reinforcing bars accounted for an average of 12.3% of BMZ’s total export in 2012-2013. The introduction of the antidumping duty was no shock. During the investigation…

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Ukraine: AMKR spends 4.7 billion UAH on environment protection

In 2006-2016 ArcelorMittal Kriviy Rih spent 4.7 billion UAH on environment protection projects. In 2016 the company spent 472.7 million UAH, including on reconstruction and construction of 35 gas-purifying machines in the sintering shop No. 2, blast furnace shop No. 2, converter shop, refractory-lime shop, grinding factory, etc. Last year the company paid 193.7 million…

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Russia: MMK net profits up in H1 2017

In January-June Magnitogorsk Iron and Steel Works increased its net profits by 35.8% YoY, to 32.287 billion rubles ($538 million). According to the company statement, its earnings totaled 185.308 billion rubles ($3.088 billion), up by 17.5% YoY. Gross profit increased by 7.5%, to 48.863 billion rubles ($814 million), EBITDA – by 23.8%, to 40.016 billion…

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Russia: Khabarovsk region yields 9 tons of gold in H1 2017

In January-June Khabarovsk region enterprises obtained 9170.4 kg of gold, up by 14.1% YoY.

Alluvial gold companies showed the increase in output of 8.6% YoY, to 1517 kg, while miners yielded 7653.4 kg, up by 15.3%.

Silver output totaled 27509.5 kg against 19260.4 kg in H1 2016. (Ukrainian metal)