Chelyabinsk Pipe Plant (ChelPipe) has announced early payment of the syndicated loans totaling 80 billion rubles obtained in 2012. The loans were refinanced with funds obtained under credit arrangements signed with VTB Bank, Gazprombank and Sberbank in December 2016. The new loans have been acquired on more favorable terms, which helped the company cut its…Details
In 2016, Zaporizhstal paid a record UAH 3.2 billion in taxes (up by 28% YoY) to the national budget of Ukraine. In 2015, the company paid UAH 2.5 billion in taxes. Tax payments of Zaporizhstal to local budgets increased by 66% (by UAH 255 million), to UAH 640 million in 2016 against UAH 385 million…Details
In 2016 Ukrainian iron and steel works produced 23.5 million tons of pig iron, 24.2 million tons of steel and 21.4 million tons of rolled metal, all up by 8%, 6% and 6% YoY respectively. Exports increased by 0.2% YoY, to 21.4 million tons, valued at $7.2 billion, down by 10.3% YoY. Semi-finished products, rolled…Details
In 2016 Evraz Sukhaya Balka produced 2.563 million tons of sinter ore, down by 8.7% YoY. According to the company statement, in Q4 2016 sinter ore output decreased by 3.3% QoQ, to 618 thousand tons. The company was selling sinter ore in Q4 2016 at $28 per ton, up from $25 per ton in Q3…Details
Zaporizhstal was the first in Ukraine to get an eco-loan valued at $1 million for the construction of the gas-purifying system within the cooperation with the Ministry of ecology and natural resources and the state-run Ukrgazbank. According to the company statement, the money will be used to disassemble the outdated machinery and assemble a new…Details
In 2016 Seligdar enterprises produced 4332 tons (139.277 ounces) of gold, up by 24.5% YoY. According to the company statement, tin output increased by 6.9% YoY, to 578.618 tons. “Last year we have shown the highest growth of output in our history. For the first time we have exceeded the 4-ton mark”, board of directors…Details
Guryevsk Iron and Steel Works has increased the quality of its products sorting. The management of the works pays special attention to the demands of the customers. If the clients want to get a good product, the employees will provide quality metal products. The employees examine each channel, angle, beam and other sections to check…Details
The Ministry of energy and coal industry has increased the sale price of power-generating coal mined by state-run companies by 24.1%, or by 330 UAH, to 1700 UAH per ton. The price increase was announced on December 22, 2016. Last time the ministry increased coal price was on August 1, 2016 – from 1200 to…Details
The public joint stock company Ukrgazvydobuvannya has ordered Interpipe to supply 189.36 million UAH worth of casing seamless steel pipes. By the end of January Interpipe will have supplied 3900 tons of pipes produced at its NTZ works and 100 tons of triangular thread pipes according to D TU 14-3-1557-88 produced by Chelyabinsk Piperolling Works.…Details
In 2016 Ukrainian metal companies consumed 1.74 billion cubic meters of gas, down by 14% YoY. In December 2016 gas consumption increased by 35 million cubic meters MoM, to 190 million cubic meters. Average daily gas consumption in December 2016 went up by 0.9 million cubic meters MoM, to 6.1 million cubic meters. In 2016…Details
Russian silver and gold producer Polymetal International will buy 5% in the Prognoz silver field for $3 million through an acquisition of 10% in Polar Silver Resources, which indirectly controls 50% in the field, Polymetal said in a statement. Polymetal also has an option for raising the stake in the field, located in the republic…Details
Aktau city is planning to build a steelworks in the territory of Aktau Seaport. The project is to be launched from Q1. The plant will produce molded steel and cast iron items for various sectors of national economy. Progressive method – lost foam casting – will be applied at the plant. Its territory will cover…Details
In 2016, NLMK Group steel output increased by 4% YoY to a record 16.6 million tons; sales totaled 15.9 million tons (stable YoY). Group steelmaking capacities in 2016 were running at 96%, up by 3% YoY. Q4 2016 sales totaled 3.6 million tons (down by 4% YoY); steel output grew by 8% to 4.2 million…Details
The State Service of Geology and Earth has resumed 2 special allowances to use the earth to Evraz Sukhaya Balka. According to the ruling, the licenses No. 592 dated August 5, 1996 and No. 599 dated August 6, 1996 have been resumed since the company has removed all violations. The licenses were suspended in September…Details
Law enforcers together with the military have suppressed the delivery of 80 kg of scrap from the exclusion zone of the Kiev region.
In mid-January 3 Ukrainians were stopped some 100 meters from the exclusion zone while transporting around 80 kg of scrap.
The investigation revealed that they were stocking scrap to sell. (Ukrainian metal)
In 2016 Oskol Electrometallurgical Works supplied 3.23 million tons of rolled steel to its customers, up by 2.5% YoY. Exports saw an increase of 10.5% YoY, to 2.63 million tons, while local consumers received 0.6 million tons, down by 22.1% YoY. The total deliveries during the last 3 years increased by 6.6%, with exports up…Details
In 2016 Vyksa Iron and Steel Works, a part of OMK, produced and supplied over 3 thousand tons of shaped tubes for the construction of the new and the reconstruction of the existing arenas. In particular, pipes were supplied for the construction of stadiums in Nizhny Novgorod, Saransk and Volgograd, which would host FIFA World…Details
In 2016 Evraz-ZSNK shipped 6.05 million tons of rolled steel via railroad. This is down by 1.8% YoY. Exports saw 3.82 million tons, up by 9.6% YoY, while local deliveries dropped by 16.6% YoY, to 2.22 million tons. In total for the past 3 years deliveries decreased by 5.6%, with exports growing by 13%, and…Details
In 2016 Severstal supplied 195.6 thousand tons of rolled metal to Gazpromtrubinvest. “This is the record volume of supplies in the history of our cooperation – since 1999. Last year our deliveries to GPTI increased by 108 thousand tons, or 2-fold YoY”, Severstal Russian Steel sales director Yevgeny Chernyakov said. To GPTI Severstal supplies hot-rolled…Details
Zagorsky Pipe Works has won a tender to supply pipes to Yamal SPG.
The company has to deliver 10 thousand tons of pipes with 530×25 mm and 530×28 mm size of X70 steel with insulation.
The pipes will be used in construction of the second stage of the Yuzhno-Tambeysk gas condensate deposits. (Ukrainian metal)
Energomashspetsstal will supply a large batch of ingots to Euskal Forging (Spain). The contract concluded presupposes the production and delivery of 36 forgings with the total weight of 1039.6 tons. The ingots will be used as raw materials for production of parts for various industries. All the forgings will be supplied by installments. According to…Details
Products of Severstal – Balakovo Section Works have received the certificates of correspondence of the Republic of Belarus. The quality of S500 rebars with 8-40 mm diameter (GOST R 52544-2006) and A400 rebars of 25G2S and 35 GS steel of 10-40 mm diameter (GOST 5781-82) has been confirmed following the tests of an independent laboratory…Details
In 2016, according to the railroad statistics, Magnitogorsk Iron and Steel Works received 2.15 million tons of ferrous scrap.
The deliveries increased by 20.2% YoY, and slightly exceeded the 2013 level. Still they were 15.5% below 2014 results.
After NLMK-Kaluga MMK has the second largest index of positive scrap consumption in 2016. (Ukrainian metal)
Severnoye Olovo, managed by Roman Abramovich’s Aristus Holding Ltd, decided to stop operating. The company had a license through 2028 to work at the largest tin deposits in Russia – Pyrkakai in Chukotka Autonomous District, but gave it up in November 2016. Pyrkakai reserves are estimated at 228.5 thousand tons of tin (the fourth place…Details