This year UAH 3 billion will be allocated from the state budget to cover the difference in cost and market price of coal, Prime Minister of Ukraine Volodymyr Groysman said during an Hour of Questions to the Government. “The state of affairs in the coal sector is very poor, and this isn’t good for the…
DetailsIn June Energomashspetsstal shipped over 100 tons of supporting rolls to Mariupol Ilyich Iron and Steel Works. The rolls have been produce under the agreement signed last October. EMSS has to produce some 500 tons of rolls for Mariupol Ilyich. The rolls will be used at hot- and cold-rolling strip mills. (Ukrainian metal)
DetailsIn June rolled metal and pipes shipment via railroad from the main market players totaled 4.92 million tons, down by 7% MoM, but up by 7.4% YoY. Sales on domestic market were 3 million tons, down by 5.6%, but up by 7.1%, while exports – 1.09 million tons, down by 9.1%, but up by 7.9%…
DetailsIn June railroad transportation of ferrous metals totaled 6.2 million tons, down by 5.2% MoM, but up by 15.7% YoY. Deliveries to the domestic market reached 3.64 million tons, down by 3.5% MoM, but up by 14% YoY. Exports totaled 2.1 million tons, down by 6.1%, but up by 22.5%. Imports were on the level…
DetailsIn June railroad deliveries of ferrous scrap to the metal works and pipe companies totaled 1.44 million tons, up by 7.6% MoM and by 10% YoY. In January-June scrap deliveries dropped by 1.6% YoY, to 5.93 million tons. (Ukrainian metal)
DetailsThe governmental commission on support of priority investment projects in the Republic of Bashkortostan has approved provision of state support to a number of projects. In particular, this is the project of Sibay Mining and Processing Works, a part of UGMK, to maintain capacities and reconstruct mine and dump waters cleaning facilities at Sibayskoye and…
DetailsThe rolling shop No. 3 of ZEMZ has started assembling the centerless turning machine used to turn round bars. Earlier all the earthworks at the site have been carried out, the concrete foundation has been laid. All the work was performed by the company construction department. The machine can turn up to 3200 tons of…
DetailsIn June Severstal-Gonvarri-Kaluga LLC successfully passed the re-certification audit for the correspondence to the international standards of ISO 9001:2015 and IATF 16949:2016. Bureau Veritas carried out the re-certification audit. SGK management system is certified according to ISO 9001:2015, IATF 16949:2016, ISO 14001:2015 and OHSAS 18001:2007. The first certification was carried out in 2011 according to…
DetailsIzhstal has repaired the arc steel furnace to produce stainless, tool and speed steel grades. The repair of the rolling mill-450 has also been completed. All the work was performed according to schedule. The repaired arc furnace produces high-alloyed steel grades. The site capacity is 60 thousand tons per year. The mill-450 produces rolled metal.…
DetailsNext year prices of metal products and raw materials will stabilize, Evraz says. “We believe the prices of coal and steel will return to a more sensible level. It’s difficult to say, when this happens, but probably already in the second half of the year. Or next year”, Evraz vice president on finances Nikolai Ivanov…
DetailsIn 2017-2018 the United Mining and Chemical Company bought special machinery worth 195.9 million UAH. In particular, for its subsidiaries of Volnogorsk Iron and Steel Works and Irshansk Mining and Processing Works it purchased 47 units of machines, including 24 special machines, and 17 cargo and passenger machines. Volnogorsk Works saw the largest machine park…
DetailsThe prices of the main precious metals varied in Azerbaijan on July 6, according to the data published by the Central Bank. The cost of gold increased by 0.085 manats, to 2133.8825 manats per ounce compared to the price on July 5. The cost of platinum increased by 5.1425 manats, to 1434.8255 manats. The cost…
DetailsThe electricity supplier has cut the state enterprise Volynugol mines off grid because of the debt. “Since the second shift on July 4, the Regional Electric Networks has stopped supplying electricity to the Volynugol mines”, Mikhail Volynets, chairman of the Independent Miners Union of Ukraine, wrote on his Facebook page. According to him, the regional…
DetailsIn 2017 Rusal Armenal received 49.7 billion drams, up by 31.5% YoY. The company gross profit grew by 67.5%, to 6.031 billion drams. Assets increased by 2.6%, to 46.7 billion drams. The company liabilities dropped by 1.1%, to 36.5 billion drams. The foil-rolling plant Rusal Armenal in the city of Yerevan was created by Rusal…
DetailsTaking into account the Lysva Iron and Steel Works capacities, the MMK share of the coated rolled metal market could reach 30%. In June LMZ sold 35 thousand tons of polymer-coated metal, which became a historical record. This year Lysva Works intends to sell 280 thousand tons of metal. So far 110 thousand tons have…
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