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Chelyabinsk Iron and Steel Works has shut down one of its three blast furnaces for capital repairs. The repair is scheduled to be completed this year. The modernization will decrease harmful emissions by 42 tons per year. The design capacity of the blast furnaces at ChMK is 4 million tons of pig iron per year.…
DetailsRussia has asked for consultations within the World Trade Organization (WTO) on the U.S. steel anti-dumping duties, the WTO said in a statement on July 9. Russia thinks that the measure does not meet the requirements of the WTO’s Anti-Dumping Agreement, the organization said. (Prime/Ukrainian metal)
DetailsA manufacturing complex on deep processing of tungsten will be created on the territory of the Uzlovaya Special Economic Zone in Tula region. The project will be carried out by Evraz. Investments will amount to 5.5 billion rubles. Some 500 jobs will be created. (Ukrainian metal)
DetailsIn 15 years of cooperation Severstal has supplied over 500 million tons of polymer-coated rolled metal to Kazan Steel Sections. The Severstal coated metal is used in the manufacture of roofing and wall materials, as well as various sections. Kazan Steel Sections manufactures all metal tiles according to a new GOST R 58153-2018. The standard…
DetailsThe Ministry of industry and trade expects the domestic demand for steel to grow thanks to national projects. “Last year the growth was some 2%. This year we await a small growth. I think around 1%. Next year we expect a considerable growth due to a number of projects in various market segments. We hope…
DetailsA building on the territory of the Pavlogradsakaya Central Processing Factory LLC, a part of DTEK, in the village of Verbki has collapsed. As a result one person was killed and another taken to the hospital. The building collapsed during the disassembly. (Ukrainian metal)
DetailsDanieli has received an order to supply machinery for the foundry-rolling complex at the Uzbekistan Iron and Steel Works in Bekabad, Tashkent region. The construction will commence in August. The project presupposes the construction of a 120-ton electric arc furnace, a ladle furnace and steel degassing unit. Slabs will be manufactured at the vertical continuous…
DetailsIn June Krasniy Octyabr Iron and Steel Works produced 21 thousand tons of liquid steel, up by 3 thousand tons than planned. Moreover, the company produced 4380 tons of expensive nickel-containing stainless steel. The stainless steel output growth occurred in January – 1 thousand tons, and in early Q2 – 1.5 thousand tons. The jump…
DetailsIn January-May Russia’s imports totaled $94.5 billion, down by 1.5% YoY. The share of metals and metal wares grew from 7.2% to 7.4%. In particular, from far foreign countries – from 5.8% to 6.2%, but from CIS-countries it fell from 18.5% to 16.9%. The monetary value of the group remained unchanged, but the physical volumes…
DetailsIn 20219-2022 Russian Copper Company intends to invest some 20 billion rubles in the manufacture. In particular, projects will be implemented under the long-term strategy of the company to increase raw materials and mineral base and to improve capacity. Thus, in 2021 Karabashmed will launch the manufacture of copper anodes with the capacity of 230…
DetailsIn 2018 VTB purchased 11.04 tons of gold and 3.42 tons of silver from the Republic of Sakha (Yakutia) extractors. To prepare gold-extractors for the 2019 season, the bank has provided 2 billion rubles, up by 18% YoY. This year VTB intends to buy 12 tons of gold and 4 tons of silver. (Ukrainian metal)
DetailsRussia’s top bank Sberbank plans to issue more than 23 billion rubles of financing for Ural Mining and Metallurgical Company’s (UMMC) largest projects, UMMC said in a statement. “Sberbank will issue a more than 23-billion ruble financing for the largest projects of Ural Mining and Metallurgical Company. Under the agreements, 20 billion rubles will be…
DetailsKyrgyzstan plans to reduce its dependence on Kumtor. According to representatives of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan, it is necessary to increase production at such fields as Taldy-Bulak Levoberezhny, Ishamberberdi, Bozymchak, Kuru-Tegerek, Karakazyk, Jamgyr and Chaarat. In addition, it is planned to launch Jerooy project. According to preliminary data,…
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