Vyksa Iron and Steel Works will assemble a new seamless pipes producing machine. The machinery will be supplied by Danieli. The design capacity of the machinery is 0.5 million tons of pipes per year. The commissioning is scheduled for 2021. (Ukrainian metal)Details
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In 2018 the Belarusian steel mill BMZ exported over 2 million tons of metal products worth over $1.25 billion, up by 25.9% YoY. Last year BMZ exported steel products to 66 countries. Europe accounted for 49.1% of BMZ’s exports, the CIS for 24.2% and Asia for 11.9%. The share of Africa and the Americas was…Details
In January Ukraine exported $234.6 million worth of iron ore and concentrate, down by 2.44% YoY. Volume-wise exports dropped by 0.28%, to 3.152 million. According to the State Fiscal Service, iron ore raw materials accounted for 5.77% of all exports. China, Poland and the Czech Republic purchased almost half of all ore. The share of…Details
In January Ukraine increased scrap imports by 40.5% YoY, to 3.846 thousand tons. The cost of scrap imported dropped by 19.7%, to $2.417 million. The main suppliers of scrap were Turkey (54.7%), Russia (34.8%) and South Korea (8.36%). (Ukrainian metal)Details
In January Ukraine exported 3.14 thousand tons of scrap, down 10.8-fold YoY. According to the State Fiscal Service, the value of the scrap exported dropped 10.6-fold, to $936 thousand. In December 2018 Ukraine exported 7.488 thousand tons of scrap. The main customers were Turkey (75.61%), the Netherlands (16.9%) and Germany (3.74%). (Ukrainian metal)Details
Interpipe has won a tender to supply 1.674 thousand tons of steel pipes to Ukrtransgaz. The cost of the pipes is 109.186 million UAH. The auction was held on February 11. Trading House Trubizolkomplekt offered to supply pipes for 109.265 million UAH. The pipes have to be delivered from March 1 through December 31. (Ukrainian…Details
In January Yuzhniy Mining and Processing Works increased concentrate output by 4.6% YoY, to 1.102 million tons. According to the company statement, sinter manufacture dropped by 19.6%, to 105.7 thousand tons. In 2018 UGOK produced 12.247 million tons of concentrate and 1746.3 thousand tons of sinter, down by 0.2% and by 6.04% YoY respectively. (Ukrainian…Details
Zaporizhstal decided to attract $18 million from Ukrgazbank. The decision has been taken at an extraordinary meeting of the shareholders. The shareholders have approved of taking a loan of $18 million for 5 years with the interest rate of 7% to 9%. The company CEO Rostislav Shurma, or an individual acting as a CEO, has…Details
In January Ukraine imported $80.345 million worth of ferrous metals, down by 9.2% YoY. According to the State Fiscal Service, in December 2018 imports stood at $101.118 million. The import of metal wares in January grew by 5.3%, to $63.229 million. In December 2018 Ukraine imported $81.192 million worth of metal wares. (Ukrainian metal)Details
In January Ukraine increased ferrous metals export revenue by 12.3% YoY, to $980.43 million. According to the State Fiscal Service, ferrous metals accounted for 24.11% of the exports as opposed to 23.45% in January 2018. In December 2018 the revenue was $760.141 million. The exports of metal wares in January increased by 10.5%, to $73.229…Details
PJSC Magnitogorsk Iron & Steel Works announced that on February 8 the company’s Board of Directors recommended that the Annual General Meeting of shareholders approve a dividend of 1.398 rubles (before taxes) per share for the fourth quarter of 2018 on MMK’s issued ordinary registered shares. The dividend will represent the total of approximately $239…Details
Last year social expenditures of ArcelorMittal Kriviy Rih rose by UAH 92 million YoY, from UAH 340.6 million to UAH 432.7 million because of the increase of financing of some items and launching of new projects. The most significant part of the funds in 2018 was allocated for the rest and recuperation of the company’s…Details
In January Dneprovsky Iron and Steel Combine produced 54 thousand tons of rolled metal, up by 20.7%. The pipe-billet mill output grew by 12.2%, to 5.6 thousand tons, the mill-400/200 – by 17.7%, to 41.5 thousand tons, and the ball-rolling mill by 22.4%, to 5.4%. Last month the enterprise produced 292.4 thousand tons of sinter,…Details