Avdiivka Coke and Chemical Works, the largest coke manufacturer in Europe, will considerably decrease air pollution thanks to a new Niba Dalgakiran cooling tower. The tower has been built in 9 months. Investments in the project totaled 25 million UAH. (Ukrainian metal)Details
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RZD has suggested changing the structure of tariffs on the transportation of the metal raw materials and finished products. In particular, tariffs for the transportation of coke, iron ore concentrate and metal ores will sharply increase, while those for ferrous metal will slightly drop. RZD believes, that as a result of the tariff change, metal…Details
Evraz ZSMK and Evraz NTMK have produced over 3 thousand tons of high-strength rolled metal for the winter sports complex “Baikal” in Ikrutsk. The metal was supplied by Evraz Metal Inprom. More metal will follow. A500C strengthened rebars with the diameter of 10-25 mm produced by Evraz ZSMK are used in the manufacture of ferroconcrete…Details
Polymetal has concluded an agreement with a company affiliated with Mineral Exploration Network (Finland) Ltd (MEN) on the creation of a joint venture to carry out prospecting works in Chukotka Autonomous District. The gold ore to be found by the JV will provide additional raw materials to the Mayskaya factory, able to process both sulfide…Details
Zagorsky Pipe Works has for the first time received its credit rating. According to AKRA rating committee dated May 20, the company rating is “BBB+” with stable outlook. The decision is based on the company strong market position, low debt burden, moderate business profile and corporate management level. “We are satisfied with the debt to…Details
Gold, silver and platinum prices decreased in Azerbaijan on May 29 compared to the prices of May 27. The price of gold dropped by 9.044 manats, to 2,178.499 manats per ounce. The price of silver fell by 0.3852 manats, to 24.4726 manats per ounce. The price of platinum went down by 7.752 manats, to 1,358.963…Details
In March, Kazakhstan increased exports of steel to Russia by 60% MoM, almost 2-fold compared with January, but decreased by 25% YoY, to 125.3 thousand tons. In Q1 deliveries dropped by 37% YoY, to 263 thousand tons. Alloyed flat steel accounted for 81% of all exports, down by 41.5%, including steel plates – 63%, down…Details
In March, according to the customs statistics, Russia imported 246.2 thousand tons of rolled steel and pipes from Ukraine, up by 12.7% MoM, by 24% compared with January, and by 11% YoY. In January-March imports grew by 16.7% YoY, to 663.1 thousand tons. Sections and bars accounted for 44% of the imports, including 47% of…Details
Russia is prepared to do anything to settle the issue of antidumping investigation on metal imports to Mexico. “We have drawn the attention of our Mexican colleagues to the situation with the ongoing antidumping investigation on our ferrous products. We have certain suggestions on what to do, and we’ll continue doing it”, deputy foreign minister…Details
In March, Yekaterinburg Non-Ferrous Metals Processing Works successfully passed its quality management system re-certification audit, carried out by TMS Rus LLC, an exclusive representative of the TÜV SÜD Management Service GmbH in the EAEU. The new ISO 9001:2015 certificate is valid until April 4, 2022. EZOTsM products have been certified since 1992, and the whole…Details
Karelsky Okatysh has completed a complex repair of its pelletizing machine No. 3 by replacing 150 meters of rails. The rails are used to transport trolleys with raw pellets to the machine. In order to free the old rails to be disassembled the company first had to remove 120 trolleys, weighing 10 tons each. The…Details
Miners in Georgia’s western town of Chiatura have ended a strike launched on May 16 after demanding better salaries and working conditions, as a deal has been reached with the Georgian Manganese company. The company promised a 25% in salaries starting from June 1, while an additional 10% rise will take place starting next year.…Details