Magnitogorsk Iron and Steel Works (MMK) took fifth place in the global 2019 Value Creators rankings among metals companies with the highest return on investment, compiled by international consulting company Boston Consulting Group. The rankings’ methodology is based on total shareholder return (TSR) generated in the past five years. Five-year TSR for MMK shareholders from…Details
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According to Worldsteel, in January-May global steel output grew by 5.03% YoY, to 764.07 million tons. China is a traditional leader with 404.88 million tons, up by 10.19%. China’s share in the world output is 53%. Ukraine is still on the 13th place with 9.27 million tons produced, up by 6.9%. (Ukrainian metal)Details
Would you like to place advert here and on ALL pages and groups of the “Ukrainian Metal” with 3 links FOREVER ? E-mail, please, to firstname.lastname@example.org. Our groups and pages Our site – https://metalukraine.com/ Twitter – https://twitter.com/metalukraine Facebook (page) – https://fb.me/metalukr Facebook (group) – https://www.facebook.com/groups/350083612105329/ LinkedIn (page) – https://www.linkedin.com/company/19144986/ LinkedIn (group) – https://www.linkedin.com/groups/13707817/ Telegram –…Details
The employees of the Yuzhnodonbasskaya No. 1 mine and partially of the Mine named after Surgay have started striking because of non-payment of salary. The wage debt reaches 35 million UAH. The miners have blocked a highway. The Yuzhnodonbasskaya No. 1 miners have also suspended coal mining. (Ukrainian metal)Details
Aktyubinsk Copper Company has purchased new special machinery to develop the Vesenne-Aralchinskoye deposit. The batch comprises 7 dump trucks, 3 loaders and 2 drilling rigs. The lifting capacity of the loaders is 10 tons, and of the trucks – 20 tons. The deposit is situated both on the territory of Kazakhstan (southern part) and Russia…Details
In early 2021 Polyus Magadan will commission a new tailing dump at the Natalkinskoye deposit in Magadan region. The lifetime of the dump will be 19 years. It will be able to store 170 million cubic meters of rock. The new dump will be situated next to the current temporarily tailing dump in the Intrigan…Details
Cherepovets Iron and Steel Works is carrying out a program to replace cranes. Thus, a new Baltkran electric bridge crane No. 26 with the lifting capacity of 40 tons has been assembled in the metal treatment shop No. 2. Another 20-ton crane has been commissioned in the metal treatment shop No. 1. CherMK has also…Details
NLMK-Metiz has concluded an agreement to assemble a bell type furnace in the steel wire shop. The furnace will be used for the pelletizing of wire. The wire with the diameter of 1.2 to 6 mm is one of the most sought-after products of the company. Annually NLMK-Metiz produces some 30 thousand tons of thermally…Details
In case railroad transportation to the currently uncontrolled territories of Lugansk and Donetsk regions is resumed, Ukrzaliznytsia intends to have doubled the volumes of coal, iron ore and ferrous metals by 2030. According to the company strategy for 2019-2030, the export of ferrous metals will grow by 31.7% compared with 2018, to 21.809 million tons…Details
Russia has temporarily allowed importing some products from the sanctioned list. In particular, until October 1, 2021 it is allowed to import some types of pipe products. The sanctions on imports from Ukraine were applied in April. (Ukrainian metal)Details
Last week, the price of one ounce of gold increased by 100.2575 manats or by 4.4% in Azerbaijan, Trend reports. Accordingly, the average price of one ounce of gold stood at 2,317.1272 manats. The price of one ounce of silver grew by 0.9188 manats or by 3.6 percent, to 25.6702 manats per ounce. The price…Details
In May Russia imported 30824 tons of stainless steel products, up by 1.3% MoM, but down by 21.6% YoY. In particular, the import of flat rolled metal increased by 3.6% MoM, pipe fittings – by 14.9% and primary billets – by 172.3%. At the same time the imports of electric welded pipes dropped by 21.6%,…Details
Energomashspetsstal has finished producing rolls for Primetals Technologies, Austria. Under the contract EMSS has manufactured 36 supporting rolls with the combined weight of almost 1500 tons. The end customer of the rolls is ArcelorMittal Lazaro Cardenas, Mexico, which ordered Primetals Technologies a new rolling mill. So far the customers have inspected and accepted 11 supporting…Details