The electric arc furnace No. 5 has been put into trial operation at the electric shop No. 2 of Krasniy Octyabr. The volume of the furnace is 200 tons. The furnace has not been operating for a year. It was shut down in May 2018 in order to assemble gas-purifying equipment. (Ukrainian metal)Details
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Gennadiy Urbanov, director of the Inaglinskaya mine, has held some business meetings in the Czech Republic and Poland. In particular, on May 20, he had a meeting with Ferrit management. It was agreed that the company would expand its service maintenance at the Denisovskaya mine as well as supply spare parts for the monorail diesel…Details
Chelyabinsk Iron and Steel Works has produced 750 tons of rebars for the construction of a thermal and electrical power plant in Tatarstan. The plant is being constructed in the industrial district of the Nizhnekamsk city. Its main fuel will be Nizhnekamskneftekhim gas. (Ukrainian metal)Details
In January-April, Russia produced 20.4 million tons of rolled metal, up by 0.2% YoY, and 17.1 million tons of pig iron, down by 1.1%. In April output dropped by 4.9% MoM and by 4.1% YoY as well as by 3.2% MoM and by 3.5% YoY respectively. Pipe companies decreased output by 2.6% YoY in 4…Details
The output capacity of the Liskimontazhkonstruktsia pipe complex will be increased. In particular, the company intends to increase stainless steel pipe manufacture to 11 thousand tons. Last year the company shipped 370 tons of stainless pipes to Novatek. The manufacturing site was officially opened in June 2017. (Ukrainian metal)Details
Novoorlovsky Mining ad Processing Works developing the Spokoyninskoye tungsten deposit in Zabaikalye region intends this year to increase output by 55% YoY, to 1327 tons of concentrate. Last year the company did not mine tungsten and processed ore from old tails. In particular, the GOK processed 728.6 thousand tons of ore and produced 857.7 tons…Details
Shareholders of VSMPO-Avisma decided to pay 873.42 rubles per share as dividends for 2018. For H1 2018, shareholders received 756 rubles per share in dividends. Thus, the total amount of dividends reached 8.7 billion rubles. Shareholders have also discussed a strategic development program until 2026. It is intended to invest over $700 million. (Ukrainian metal)Details
According to Rosstat, the industrial output in April increased by 4.9% YoY after a growth of 1.2% in March. At the same time, ferrous metallurgy witnessed a drop in pig iron manufacture by 3.5% YoY, rolled metal – by 4.1%, and pipes – by 2.6%, in particular, drilling pipes – by 10.9%. Primary aluminum output…Details
ArcelorMittal Temirtau is carrying out a project to replace dust-exhaust machinery in the sinter manufacture. The cost of the project exceeds 1.2 billion tenge. Sinter shop accounts for 23% of all dust pollution. “This is not the first project to install bag filters at the sinter shop. In 2017 we put into operation bag filters…Details
In April, transportation of metal in FGK gondola cars grew by 7% YoY, to 1.4 million tons. The share of transportation in the total volume was 13%. In particular, transportation of ferrous metals scrap increased by 50%, to 224 thousand tons, metal structures – by 20%, to 4 thousand tons, metal wares – by 11%,…Details
Interpipe has certified its own premium inserted joints Interpipe UPJ-F for the correspondence to the ISO 13769 CAL IV. It took the company around a year to develop, test and certify the new product. This is the second premium-class joint developed by Interpipe. Earlier it has mastered the manufacture of a UPJ-M muff joint. Trial…Details
Severniy Mining and Processing Works has put into operation a Lurgi 552 A pelletizing machine in the pellets shop No. 2 after essential repairs. The cost of the project was 84 million UAH. Other pelletizing machinery will also be repaired at SevGOK. The project will cost some 400 million UAH. (Ukrainian metal)Details
Gold, platinum and palladium prices decreased in Azerbaijan on May 22 compared to the prices of May 21. The price of gold dropped by 3.2045 manats, to 2,165.443 manats per ounce. The price of silver grew by 0.0142 manats, to 24.5601 manats per ounce. The price of platinum fell by 14.62 manats, to 1,379.295 manats…Details