Kazakhstan to supply uranium to UAE

Kazatomprom National Atomic Company JSC and Emirates Nuclear Energy Corporation (ENEC, UAE) have inked a Memorandum of Understanding in Astana. The aim of the memorandum is to establish mutually beneficial cooperation between Kazakhstan and the United Arab Emirates in terms of peaceful atom and energy industry. In addition, the memorandum reflects the intentions to supply…

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Russia: railroad deliveries of rolled metal to construction companies down in August 2017

In August direct supplies of rolled steel to housing-construction and ferroconcrete structures manufacturing companies totaled 19.2 thousand tons, up by 2.9% MoM, but down by 15.2% YoY. According to the railroad statistics, in July the indexes were +5.2% and –30% respectively, and in June –37.2% and –3.4%. In January-August construction companies received 180 thousand tons…

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Russia: ChMK increases iron-containing sludge processing

Under the environment program Chelyabinsk Iron and Steel Works increases iron-containing sludge processing 2-fold. This will decrease industrial wastes. Manufacturing by-products contain up to 40% of iron and can replace iron ore concentrate that the company has to buy. Previously ChMK used only the current volumes of iron-ore wastes. They were scrupulously collected with the…

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Ukraine: Ferrexpo payments to budget up in H1 2017

In January-June Ferrexpo enterprises (Poltava, Yeristovo and Bilanovsky Mining and Processing Works) paid 535.7 million UAH of various taxes to local, regional and the state budgets, up by 29.4% YoY. In particular, PGOK paid 411 million UAH of taxes, EGOK – 122.1 million UAH, and BGOK – over 2.6 million UAH. Poltava GOK paid 78…

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Russia: steel sheet exports to Turkey up in July 2017

In July Turkey imported 830.2 thousand tons of rolled sheet, up by 32.3% YoY.

Hot-rolled sheet accounted for 501.9 thousand tons, up by 38.3% YoY. The largest supplier is still Russia.

In July Russia supplied 262.5 thousand tons of hot-rolled metal to Turkey. Imports from Ukraine reached 30.4 thousand tons. (Ukrainian metal)

Ukraine: new CEO appointed at Mariupol Ilyich Iron and Steel Works

Taras Shevchenko who earlier headed Alchevsk Iron and Steel Works has been appointed the new General Director of Metinvest’s Mariupol Ilyich Iron and Steel Works. In his new position Shevchenko will lead continued implementation of investment projects at Mariupol Ilyich, such as the reconstruction of the sinter plant and the revamp of the 1700 Hot…

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Russia: Metalloinvest discusses freight transport partnership opportunities

A meeting has taken place at Lebedinsky GOK (a part of Metalloinvest) to discuss Metalloinvest enterprises’ partnership with the rolling stock operating company New Forwarding Company (a part of Globaltrans Group), specifically focusing on issues relating to freight transport organization in the current year, as well as in 2018-2019. Participants of the meeting included: representatives…

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