Russian power producer Unipro has filed an appeal to the Ninth Arbitration Court of Appeal against a lower court’s decision to terminate the company’s contract with Novokuznetsk Aluminium Smelter of the Russian aluminum giant UC RUSAL to receive more than 24 million rubles in debt redemption, Unipro said. The Novokuznetsk plant filed a suit previously…Details
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At two plate-rolling workshops of Magnitogorsk Iron and Steel Works (MMK), a new digital system has been put in operation to monitor the number of cars that are in commercial operation. The system will allow for rapid identification of violations during work with rolling stock and significantly improve the efficiency of shipment unloading. In the…Details
Magnitogorsk Iron and Steel Works (MMK) participated in the international exhibit of metallurgical technologies METEC 2019. At the MMK stand, the visitors were able to familiarize themselves with a wide range of products and technological capabilities of one of Russia’s largest metallurgical companies. As a result of a large-scale technical re-equipment in recent years, MMK…Details
In January-March Ukraine produced 44 thousand tons of metal structures, up by 1 thousand tons YoY. 66% of manufacturers posted increase in output. 6% of market participants produced over 2 thousand tons of structures. Consumption remained unchanged and totaled 42 thousand tons. Exports dropped by 19%, to 1.7 thousand tons. Imports went down by 52%,…Details
In January-March large and medium metal companies posted losses of 6.13 billion UAH as opposed to the profit of 4.36 billion UAH in Q1 2018. According to the State Statistics Service, 69.5% of enterprises received a profit of 2 billion UAH, while the other 30.5% got losses of 9 billion UAH. EBITDA was –6.75 billion…Details
The Cabinet of ministers has decreased expenses on technical revamping and modernization of coalmining enterprises by 320.89 million UAH. In particular, the previous amount of 704.5 million UAH has been decreased to 383.61 million UAH. Initially it was supposed to spend 1 billion UAH, but on June 5 the amount was lowered to 704.5 million…Details
In April Russia exported 53 tons of nickel wire, rods and sections, up by 20.4% MoM and by 5.19% YoY. In 4 months exports grew by 66.2% YoY, to 197.8 tons. In monetary terms since the start of the year the exports have increased by 55%. Export prices have grown 2-fold, to $48 per kg.…Details
In April Russia imported 25.5 tons of molybdenum, including scrap, up by 3.7% MoM, but down by 20.9% YoY. In 4 months imports grew by 0.4% YoY, to 111.8 tons. In monetary terms exports have increased by 37.8% YoY. China is still the main supplier with the share of 52.6%, down by 22%. The price…Details
In April Russia exported 1.9 thousand tons of raw chromium, up by 33% MoM and by 5.7% YoY. In 4 months exports dropped by 9.8% YoY, to 6.3 thousand tons. In monetary terms since the start of the year exports have decreased by 4.6%. US accounted for a quarter of all deliveries (461 tons). In…Details
Krasniy Octyabr has repaired and commissioned its Metso Lindemann Eto Cut 1240-10 hydraulic shearing press in the drop-hammer shop. The machine was first put into operation in spring of 2015 and had worked for over 3 years. In autumn of 2018 it went out of order. In late 2018 the plant management decided to increase…Details
The Center of standardization and certification of metal products of the Central scientific and research institute of ferrous metallurgy named after Bardin has prepared the first edition of amendments to the national standard GOST R 57837-2017 “Steel rolled sections. Hot-rolled flanged beams. Technical conditions”. The standard draft is being developed to make amendments taking into…Details
In June Ukraine produced 1.627 million tons of steel, down by 10.9% MoM. Pig iron manufacture dropped by 12.7%, to 1.463 million tons, and rolled metal – by 15.6%, to 1.47 million tons. In H1 Ukraine produced 10.18 million tons of pig iron, 10.9 million tons of steel and 9.39 million tons of rolled metal,…Details
In June Ukraine produced over 2.7 million tons of coal, which was 8% less than planned, the Coal Miners Union of Ukraine reported with a reference to the data provided by the Energy and Coal Industry Ministry. “In June coal mining enterprises of Ukraine of all forms of ownership produced 2,743,300 tons of coal. The…Details