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In June Russia exported 26.8 thousand tons of ferrosilicon, up by 1% MoM, but down by 47.2% YoY. Deliveries to Japan grew 1.5-fold, to 12.1 thousand tons, but to the Netherlands dropped by 39%, to 4.9 thousand tons, and to Korea – by 3%, to 2.4 thousand tons. In H1 ferrosilicon exports totaled 187 thousand…
DetailsZaporizhstal CEO Rostislav Shurma supports the Chinese experience in high tech development, especially in the sphere of logistics as a tool to decrease corruption. He has visited the Yangshan Deepwater Port and called it a “port from the future”. “China has built a port with the capacity of 20 million TEU on an artificial island…
DetailsAzovstal has finished the third stage of the lighting efficiency improvement program. Under the third stage DTEK ESKO has installed some 4 thousand new LED-lamps, which save 80% of electricity. At the same time the volume of light in the shop increased. Azovstal plans to replace lamps in three more shops. Replacement of outdated lamps…
DetailsArcelorMittal Kriviy Rih has delivered rebars for the construction of a modern housing complex of business-class Avalon Up, which includes the tallest skyscraper in Lviv. The company has already shipped over 320 tons of its metal products. The project envisages the construction of four apartment houses (19-25 floors with panoramic glazing) with underground and guest…
DetailsKyrgyzstan spends up to 12 million soms on protection of uranium tailings annually, the First Deputy Prime Minister of Kyrgyzstan Kubatbek Boronov announced at a meeting of the Committee on Fuel and Energy Complex and Subsoil Use. According to him, international organizations allocate funds for reclamation of uranium waste. “We allocate money from the budget…
Details“No new land was allocated to Kumtor for geological exploration. At least 16,000 hectares were allocated back in 1994 and 1997,” Karybek Ibraev, Deputy Chairman of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan, announced. According to him, the territory of Sarychat-Ertash nature reserve is clearly set by a government decree. The…
DetailsAs the previous Energomashspetsstal certificate expired on August 25, TUV Thuringen issued a new certificate of the company quality management system correspondence to ISO 9001:2015. EMSS switched to the ISO certification in 2017. The decision to issue the new certificate has been taken following the successful re-certification audit. (Ukrainian metal)
DetailsIn June Russia imported 104.3 tons of raw tin, up by 27.6% MoM, but down by 16% YoY. After a 2-fold drop of deliveries from China in May they increased to 31 tons in June. Imports from Estonia went up by a third, to 61 tons. In 6 months raw tin imports totaled 500.9 tons,…
DetailsIn June Russia exported 211.1 tons of flat rolled copper, up by 20% MoM and by 6% YoY. Deliveries to Belarus grew 1.5-fold, to 124 tons, and to Ukraine – insignificantly to 51 tons. In 6 months flat copper exports totaled 1.3 thousand tons, up by 8.7% YoY. In monetary terms since the start of…
DetailsKorolevsky Pipe Works (Moscow region) will expand its product portfolio. Already in September the company will start producing electric welded section pipes with the size of 100×40 mm and wall thickness of 2 to 5 mm. The company will also manufacture electric welded round pipes with the diameter of 120 mm and the wall thickness…
DetailsRussian metals holding Metalloinvest plans to invest more than 12 billion rubles in a second stage of ore concentrate quality improvement at Mikhailovsky GOK mining and processing plant, the company said in a statement. The company invested 1.2 billion rubles in the first stage of improvement, under which Metalloinvest launched fine screening equipment from Derrick…
DetailsIn August Ukraine produced over 2.4 million tons of coal, which was 13% less than planned. This was reported by the Coal Miners Union of Ukraine with a reference to the data provided by the Energy and Coal Industry Ministry. “In August coal mining enterprises of Ukraine of all forms of ownership produced 2,417,413 tons…
DetailsRatings agency ICRA has revised its outlook on the long term rating for JSW Steel from Stable to Negative based on the fall in profits on the back of low steel prices as well as weakness in domestic demand, JSW Steel said in a stock exchange filing ” ICRA has reaffirmed long-term rating to [ICRA]AA…
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