In January-August Kazakhstan exported 1.25 million tons of rolled steel and pipes to Russia, up by 6.8% YoY. Non-alloyed flat rolled metal accounts for some 90% of the exports, of which plate steel – 58% and coated rolled metal – 29%, all up by 9.3%, 10.2% and 0.2% YoY respectively. Steel pipe deliveries grew by…Details
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Metinvest has created a new enterprise – Metinvest Digital LLC. The company will be responsible for all the IT-related tasks for the Metinvest group. It is also planned to create expertise on new digital solutions and improve project starts. Sergey Detyuk has been appointed the CEO of the new company. All the staff of the…Details
An ArcelorMittal Kriviy Rih employee was injured while transporting rock. The locomotive brigade – the train driver and his assistant – were transporting the rock from the quarry. According to the official information, the assistant jumped out of the moving train and thus was injured – he broke his left arm. AMKR employees in social…Details
In January-September Kamchatka sold 16 thousand tons of coal, down by 12.5% YoY. Only one company in the region is mining coal – Palana-ugol LLC. The company is developing the Palana deposits. Last year Palana-ugol sold 20 thousand tons of coal. This year the sales are expected at the same level. The company has been…Details
The processing factory of the Alexandrinskaya Mining and Ore Company in Chelyabinsk region has started preparing foundation for a new filter-press of copper processing cycle. The hydraulic filter-press of the new generation will allow decreasing the moisture of the copper concentrate from 12% to 8%. Investments in the project will exceed 60 million rubles. Over…Details
The city of Kurgan is selling an enterprise producing door accessories and ornamental wares of metal – the Non-Ferrous Castings Works. The starting price of the whole complex is 500 million rubles. The shop premises, warehouses, land plots, special and industrial machinery, gas pipelines, shafts, transformer power plants, etc. will be sold. The total size…Details
Ural Mining and Metallurgical Company is mulling the issues of the possible increase of Chelyabinsk Zinc Works capacity following the fire at Electrozinc in the city of Vladikavkaz. “We are studying the issue of organizing temporarily ways to deliver raw materials and ship manufactured goods, including with the participation of ChelZinc. But so far we…Details
In January-September Mednogorsk Copper-Sulfur Works produced 35366 tons of raw copper, up by 9.6% from the target. Next year the copper-smelting shop will undergo a reconstruction. In particular it is planned to repair and modernize the Pobeda smelting machine and construct the second stage of the oxygen plant. In order to reconstruct the sulfur acid…Details
The Pipe Metallurgical Company has shipped a batch of corrosion-resistant casing pipes of 13Cr steel with TMK UP PF joints to Gazprom to be used at the Kirinskoye deposits. The pipes have been successfully lowered to the shafts. The first deliveries of TMK pipes to the deposits were carried out in 2015. (Ukrainian metal)Details
Russian steelmaker Novolipetsk Steel (NLMK) plans to raise capital expenditures in 2019 from $650-700 million expected in 2018, CEO Grigory Fedorishin said. He said that the company planned to raise capital expenditures in the next two to three years to support capacities, in particular, to rebuild two blast furnaces and two converters. “This way, capital…Details
Prices of precious metals decreased in Azerbaijan on October 26, according to the data published by the Central Bank. The price of gold dropped by 8.0325 manats, to 2,094.2045 manats per ounce on October 26 compared to the price on October 25. The price of silver fell by 0.1834 manats, to 24.876 manats per ounce.…Details
In January-August Russia imported 29 thousand tons of corrosion-resistant seamless steel pipes valued at $118 million, up 2.4-fold and 1.5-fold YoY respectively. According to the customs statistics, this is the record-high result in 8 months in the past few years. Kazakhstan was the main supplier with the share of 54%. It was followed by China…Details
In August Russia exported 8.9 thousand tons of corrosion-resistant steel scrap and waste valued at $10 million, down by 24.3% YoY and by 2.8% respectively. According to the customs statistics, in January-August exports totaled 73.9 thousand tons valued at $82 million, up by 28.3% and by 47.8% YoY respectively. Scrap with the nickel contents of…Details