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New seamless pipes capacities of 450,000–500,000 tons that Zagorsky Pipe Works wants to build are excessive for the Russian market, the Fund for Development of Pipe Industry said in a statement. The fund said that combined capacity of all Russian plants stood at 4.1 million tons, and it was loaded by only 70% as of…
DetailsIn September Ukraine exported 47.05 thousand tons of pipes valued at $48.05 million, up by 2.3% and by 8% MoM respectively. According to the State Tax Service, in January-September pipes exports reached 486.9 thousand tons valued at $524.6 million. In particular, Ukraine exported 344.6 thousand tons of seamless pipes valued at $435.9 million, 131.01 thousand…
DetailsIn January-June Interpipe received $125.44 million of EBITDA, up by 37.4% YoY. The pipe segment grew 2.8-fold, to $44.51 million, and railroad wheels – by 62.2%, to $60.23 million. At the same time in steel manufacture EBITDA fell by 49.1%, to $20.01 million. Revenue in H1 totaled $557.17 million, up by 2.7%. In particular, railroad…
DetailsKrasniy Octyabr Iron and Steel Works intends to implement industrial tourism programs. According to the company management, this will help solve the employee shortage problem. At present the company lacks operators of bridge cranes and excavators. Industrial tourism is not developed in Volgograd region – only a handful of food industry plants participate in the…
DetailsUralelectromed is finishing concrete works to create the foundation for the third stage of the copper electrolysis shop. The third stage will operate using stainless steel cathodes, just like the previous two stages. It will have a circulation system of 224 electrolyzes baths. The first stage was commissioned in February 2012. Its capacity was 160…
DetailsMechel-Service has supplied over 5.1 thousand tons of rebars for the construction of the largest medical center of Moscow in the village of Kommunarka. The size of the center will exceed 150 thousand square meters. A500C rebars manufactured at Chelyabinsk Iron and Steel Works are used in the construction. (Ukrainian metal)
DetailsThe Raspadskaya mine of the Raspadskaya Coal Company has commissioned a new long face 5a-7-34. Until the end of the year the company intends to mine over 600 thousand tons of coal. Reserves of the long face amount to 3 million tons of coking coal. The long face will be in development until the end…
DetailsThe authorities of the Orenburg region have discussed the intent of Novotroitsk Iron and Steel Company LLC to start producing ferroalloys (ferrochrome and ferroaluminum) in Novotroitsk. The capacity is estimated at 1155 tons of ferroalloys per year. The total cost of the project exceeds 24 million rubles. More than 20 jobs will be created. The…
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