Lukoil president Vagit Alekperov and Severstal chairman Alexei Mordashov have held a working meeting in Moscow. They discussed development of cooperation. “Severstal is an important partner for Lukoil. It is one of the leaders in Russian metal and mining industry, a company with a vast international experience. We’ve been developing cooperation since 2006, helping each…Details
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In January-September Ukraine increased imports of coal by 20% YoY, to 15.64 million tons. According to the State Fiscal Service, the cost of coal was $2.191 billion, up by 15.4%. Russia supplied $1.374 billion worth of coal (62.72%), USA – $670.563 million (30.59%), Canada – $86.93 million (3.97%) and other countries – $59.532 million (2.72%).…Details
Energomashspetsstal has received a new order from ArcelorMittal for the manufacture of four supporting rolls for the hot-rolling mills. The rolls have to be delivered to France – to AM Atlantique et Lorraine Seremange HSM and ArcelorMittal Lorraine-Florange CSM. The first two rolls with the weight of 63.2 tons will be shipped to the customer…Details
In September direct deliveries of ferrous scrap to the major Russian metal and pipe works via railroad totaled 1.43 million tons. According to the railroad statistics, this is up by 10.43% YoY. In January-September scrap deliveries grew by 4.4%, to 10.23 million tons. (Ukrainian metal)Details
In September sales of steel and pipes via railroad from the major metal companies dropped by 4.5% YoY, to 4.94 million tons. Delivery to the local market totaled 2.91 million tons, down by 7.4%, while exports grew by 0.1%, to 2.03 million tons. In 9 months steel sales via railroad reached 47.7 million tons, up…Details
In September Russia transported 6.22 million tons of ferrous metals via railroad, up by 1.7% YoY. Deliveries to the local market dropped by 0.8%, to 3.6 million tons, while exports grew by 7.5%, to 2.21 million tons. Imports decreased by 16.8%, to 303.7 thousand tons. In January-September ferrous metals transportation reached 58.22 million tons, up…Details
The Vorgashorskaya mine has become the first enterprise of Vorkutaugol to mine 2 million tons of coal this year. By the end of the year the mine intends to have extracted one more million tons of coal. The mine is the largest coal-extracting enterprise on the European part of Russia. This is also the youngest…Details
Nizhniy Tagil Iron and Steel Works, a part of Evraz, will construct its fifth continuous casting machine. “We’re modernizing extraction systems in the mixing department, which will decrease impact on the environment. We are also planning to develop the department of continuous cast steel and have started the project of the CCM No. 5”, Evraz…Details
In Q3 Zagorsky Pipe Works reached its design capacity and produced 138 thousand tons of large diameter pipes in January-September. In July the company shipped 45 thousand tons, in August – 37 thousand tons, while in September – 56 thousand tons. In particular, for Gazprom ZTZ produced 130 thousand tons, including 37 thousand tons for…Details
The project to create a new pipe manufacture at Vyksa Iron and Steel Works is entering the investment stage. The new shop will produce a wide range of seamless pipes with the diameter of 70-273 mm with the annual capacity of 450 thousand tons. Investments in the project are not disclosed. Danieli will supply the…Details
Energomashspetsstal has won a tender to supply over 700 tons of rolls to ABB. The rolls will be used in electric engines. According to the schedule of deliveries, the billets will be shipped to the customer in February 2019. In September EMSS shipped a batch of rolls for ABB to Finland. The batch included 12…Details
Belarus Iron and Steel Works intends to commission a new gas and dust extraction system in 2019. According to the company information, investments in the project will exceed $13.5 million. 55% of funds have already been used. WaterGroup Ltd. (Finland) has supplied all the necessary equipment. To assemble the system, the electric furnace No. 3…Details
Magnitogorsk Iron and Steel Works (MMK) has decided to use the electronic trading platform B2B Center to choose equipment repair services. This will ensure the openness of tender procedures, as well as automating the collection of proposals from potential contractors and expanding the customer base. “We have successfully tested the capabilities and functionality of B2B…Details