The Pipe Metallurgical Company has started manufacturing casing pipes of corrosion-resistant chrome-nickel alloys TMK-S. The first batch of TMK-S pipes has been produced at Tagmet and shipped to Lukoil. The alloy has been developed for pipes used in oil and gas extraction with high content and partial pressure of sulfuretted hydrogen and carbon dioxide. “This…Details
Amurmetall, the only steel producer in Russia’s Far East, has restarted production of steel after a six-month break, the government of the Khabarovsk region, where the plant is located, said in a statement on July 31. Amurmetall has been undergoing bankruptcy management since 2013. In 2015, the plant was put to auction at a price…Details
Prime Minister of Kazakhstan Bakytzhan Sagintayev visited the production facilities of Arcelor Mittal Temirtau, one of the largest industrial enterprises of Kazakhstan. Minister of Energy Kanat Bozumbayev reported on the measures to solve the paramount task of uninterrupted provision of heat and electric energy to consumers. To this end, a comprehensive plan for the modernization…Details
The Kremenchug Car Works has supplied another batch of all-terrain buses KrAZ-5233 to Severniy and Ingulets Mining and Processing Works.
This is the second batch of automobiles delivered to the GOKs this month.
The first batch was dispatched some 2 weeks ago. (Ukrainian metal)
In January-June the Tajik Aluminum Company produced 49.101 thousand tons of aluminum, down by 32.8% YoY. The decrease had to do with the world price jumps on aluminum and the usage of outdated technology, which makes TALCO products uncompetitive. According to the industry and new technologies minister Shavkat Bobozoda, the only aluminum manufacturer and the…Details
In January-June Uralelectromed produced 172.9 thousand tons of copper cathodes, up by 2.7% YoY.
Gold and silver output also increased – by 2.3% and by 23.2% YoY respectively.
The company has also improved its technical tellurium manufacture – by 11.9% and powder wares – by 15.7%. (Ukrainian metal)
In January-June VSMPO-Avisma produced 14.2 thousand tons of titanium, up by 20.4% YoY. At the same time, because of the drop of the exchange rate, the company earnings decreased by 0.4%, to 36.232 billion rubles, and its net profits by 35.6%, to 8.793 billion rubles. The strengthening of the ruble resulted in the decrease in…Details
The Splav Corporation has received an order for pipe vales from a major Russian oil extractor and processor – Surgutneftegaz.
According to the agreement, in autumn the corporation will start supplying 1200 gland type globe valves to Kirishnefteorgsintez for the construction of the complex of pump petrol and diesel fuel. (Ukrainian metal)
NLMK Group has participated in the 18th International Specialized Exhibition “Construction Machinery and Technologies/ STT 2017” in Moscow. There the group presented the premium wear-resistant steel of the Quard grade. KAMAZ presented dump trucks and truck bodies made of Quard450 steel. NLMK produces Quard steel at its NLMK Clabecq works in Belgium. The steel sheets…Details
In June Ukrainian market received 269 thousand tons of scrap, up by 18 thousand tons MoM, with 1421 thousand tons delivered since the year beginning. According to the state enterprise Ukrpromvneshexpertisa deputy director Yuri Dobrovolsky, the raw materials shortage is still felt on the market. Since the year started, the demand in scrap has been…Details
At a meeting held on July 28, NLMK Group’s Board of Directors recommended the company’s shareholders to approve payment of Q2 2017 dividends at the upcoming Extraordinary General Shareholder Meeting (EGM) to be held on September 29. NLMK Group’s Board of Directors recommended NLMK shareholders approve Q2 dividends of RUB 3.20 per share, equivalent to…Details
At the plant for production of metallurgical-grade silicon of Tau-Ken Temir LLP, Prime Minister of Kazakhstan Bakytzhan Sagintayev has checked the current measures for technological modernization and prospects for development of the enterprise. Sagintayev examined the operational shops for silicon, refining, teeming and production, and visited the silicon intermediate storage facility. Murat Zhukenov, the Board…Details
The Mariupol city council has concluded an agreement with Mariupol Ilyich Iron and Steel Works as to the lease of cars valued at 175 thousand UAH. The lease of 2 Toyota Land Cruiser with drivers till the end of the year costs 160 thousand UAH. Thus for each car the city council will pay 8…Details
In January-June Poltava Mining and Processing Works exported 4.123 million tons of iron ore pellets. At the same time Karelsky Okatysh exported 2.461 million tons, Mikhailovsky GOK – 1.878 million tons, Lebedinsky GOK (all three – Russia) – 1.355 million tons, while SevGOK – 983.9 thousand tons of pellets. In H1 PGOK produced 5.16 million…Details
In June Russia produced 4.55 million tons of pig iron, down by 7.7% YoY (5.095 million tons in May). In January-June pig iron output decreased by 1.7% YoY, to 30.186 million tons. Ukrainian pig iron output in June totaled 1.52 million tons, down by 13.9% YoY (1.61 million tons in May), with 9.658 million tons…Details
The Electrocable Kolchugino Works has assembled the new machinery valued at 3 million rubles. It will allow the company to increase medium and high voltage (up to 110 kW) power cable output. The new taping and armoring machines have been incorporated in the existing line. “The necessity to improve the line resulted from the increase…Details
A presidential decree dated July 26 approved measures to improve governance structures and increase the efficiency of activity of enterprises of the coal industry. The document notes that the decree of the President of the Republic of Uzbekistan dated June 13, approved the program of further development and modernization of the coal industry in 2017-2021,…Details
In June Russia produced 5.341 million tons of steel, down by 8% YoY. In 6 months steel output totaled 35.34 million tons, up by 0.8% YoY. Ukraine decreased steel output by 13% YoY in June, to 1.593 million tons (1.69 million tons in May). In January-June Ukraine produced 10.504 million tons of steel, down by…Details
Belarus Iron and Steel Works (BMZ trademark) has been granted a Gold Recognition Level based on its participation in the EcoVadis Corporate Social Responsibility (CSR) assessment. The result places BMZ in the top 5% of suppliers evaluated by EcoVadis, BMZ spokesman Alexander Olesik reported. The results achieved demonstrate the high professionalism of BMZ’s employees. The…Details
Aksu Ferroalloy Works has been chosen as the site for the new energy efficiency project, as it is a leading enterprise of KazChrome in energy saving. According to the estimates, the economical effect of the project will be 346 million tenge. The project will be carried out in 3 years. Under the project the company…Details
In January-June Kazakhstan produced 41161 kg of raw gold, up by 18.6% YoY.
According to the Statistics Committee of the Ministry of national economy, raw silver output dropped by 13% YoY, to 543930 kg. (Ukrainian metal)
Armet LLC, a part of Anglo Russian Gold Ltd., will construct a mine with the capacity of 1.5 tons of gold per year at the Archiyskoye deposits. Investments into the construction of the mine with the ore processing capacity of 1.05 million tons will total 4.222 billion rubles. The public hearings of the project are…Details
The pipe works ArcelorMittal Tubular Products Aktau will create a new shop to produce steel pipes with corrosion-resistant insulation. The company will produce 24-meter pipe sections, which will decrease the welding volume and improve its quality, as the welding will be done at the plant. The project will also increase the Kazakhstani share – 80%…Details
In January-June KAZ Minerals produced 118 thousand tons of copper, more than doubling the previous results (56 thousand tons). In Q2 the group produced 66 thousand tons of copper, with 52 thousand tons produced in Q1. In H1 the group mined 34.4 million tons of ore, up by 56% YoY. Ore processing increased 3.8-fold, and…Details