Until the end of the year SMC-Kolpino will produce 14 dump car sides for Karelsky Okatysh. The length of each side will be 14 meters, height – 1.3 meters and weight – over 4 tons. The sides will be produced of sheet and plates manufactured at the mill-5000 in Kolpino. SMC-Kolpino mastered the manufacture of…Details
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The gold-ore company Rudnik Karalveyem at the auctions on May 22-23 won the right to develop three alluvial gold sites in Chukotka region. The company offered 43.659 million rubles for the Nevidimiy site. The initial price increased 485.1-fold. The Zayachiy site was sold for 69.3 million rubles. And the price of the Poldnevoy Brook site…Details
In April, Electrostal Tyumeni exceeded the output target by 9%. In particular, the electric arc shop made 31 steel meltings per day, while the average result is 27 meltings. Rolling shop produced 2.6 thousand tons per day with the average being 2.1 thousand tons. Last year the company mastered the manufacture of 34 new sections…Details
Evraz has presented new solution for bridges made of rolled metal at the International exhibition Metal Structures’2019. Yevgeniy Samarin, manager of the market demand development department, has spoken of the flanged beams for the small bridge structures with the length of up to 25 meters. According to him, the advantage of using these beams in…Details
According to Worldsteel, in January-April steel output in the world totaled 599.86 million tons, up by 4.76% YoY. China is traditionally in the lead with 314.96 million tons produced, up by 10.14%, and the share of 52.5% Ukraine produced 7.44 million tons of steel, up by 6.6%, securing the 13th place. (Ukrainian metal)Details
Severstal deems the VTB Capital report on Russian steel demand too optimistic. The analysts believe that from 2019 steel consumption in Russia will grow by 5% per year and will have reached 14 million tons by 2025. The growth will be due to the national projects – creation of infrastructure valued at $170 billion will…Details
Since 2016 Dneprovsky Iron and Steel Works has invested 329 million UAH in environment-protection measures. As a result, air pollution decreased by 25%. According to DCH, the owner of the plant, this is the best result among Ukrainian metal companies. The company employs some 4.5 thousand people, with 80% of them living nearby. In 2018…Details
Moldova Iron and Steel Works intends to win back its lost positions on Ukrainian market. Last summer sanctions were imposed on the company. In late March, the Council of the National Security and Defense excluded the plant from the sanctions lists. “We have plans of cooperation with agents, as the market is quite familiar to…Details
Domnaremont specialists have finished assembling metal structures of the new blast furnace Cowper stoves at the Cherepovets Iron and Steel Works. The Cherepovchanka blast furnace No. 3 has four Cowper stoves. Their height is some 40 meters and the weight – 500 tons. The assembly started last September. The blast furnace is expected to be…Details
In 5 years several large-scale projects on pipe manufacture are expected in Russia, resulting in the welded pipes output increase by 13%. OMK believes that the market demand will grow by 6%. Average loading of capacities will drop from 50% to 47%. In particular, OMK intends to commission a shop to produce oil and gas,…Details
Russia produces around 19 million tons of hot-rolled sheet per year, including 14 million tons of thin sheet and 5 million tons of plates. In 2017-2018 a third of this volume was exported. Hot-rolled metal imports grew from 1 million tons in 2016 to 2 million tons in 2017-2018. Domestic consumption of hot-rolled metal in…Details
According to the NLMK chief specialist Vitaly Glazunov, the company has decided to shut down two of its welded pipe lines with the combined capacity of 50 thousand tons per year. In 2018 – April 2019 average price difference between cold-rolled metal and welded pipes in Russia was around 700 rubles per ton with VAT…Details
U.K.-based mining giant Evraz, which operates mainly in Russia, plans to invest 6.4 billion rubles in the first stage of the development of the Kachkanar-proper titanium magnetite vanadium-containing ore deposit in the Sverdlovsk region, the company said in a statement on May 27. Commercial ore production is expected to begin in the first quarter of…Details