In January-June Russia exported 23.565 million tons of ferrous metals, up by 13.8% YoY. According to the Federal Customs Service, ferrous metals exports not counting pig iron, ferroalloys, scrap and wastes totaled 15.427 million tons, up by 5.1%. Exports of carbon steel semi-finished products grew by 13.7%, to 8.172 million tons. Flat rolled metal of…Details
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Kazakhstan Electrolysis Works intends to increase primary aluminum manufacture. In 3-5 years the company will continue its work of increasing current strength in electrolytic cells from 320 kA to 340 kA. This will allow producing up to 265 thousand tons of primary aluminum per year. The design capacity of the works is 250 thousand tons…Details
In July direct deliveries of ferrous metals to railroad machine-building companies totaled 132.2 thousand tons. According to the railroad statistics, this is up by 52.4% YoY. In January-July deliveries reached 893 thousand tons, up by 25.4% YoY. (Ukrainian metal)Details
In July Severstal-Metiz manufactured the record-high amount of high-carbon products – almost 15 thousand tons. The large output was due to the lack of delays in machinery operation and the favorable order portfolio. Consumption is active both locally and abroad. The main consumers are agriculture and light industry. “The previous record, set in May 2017,…Details
Chukotka has one of the largest reserves of gold in Russia – it occupies the second place after Krasnoyarsk region. Last year Chukotka yielded 25.3 tons of gold, 8% of the total Russian output of 306.9 tons. In the next 2 years the residents of the Beringovsky advanced development territory will occupy a considerable place…Details
VIZ-Stal has begun the third stage of the bell furnaces modernization. By the end of the year the company will have put into operation 18 new stands. The usage of the modern equipment will decrease maintenance costs by 20%, while increasing the reliability and wear-resistance of the furnaces. The program to replace bell furnaces started…Details
Due to the implementation of energy saving techniques Abinsky Electrometallurgical Works was able to considerably increase output. In November 2017 the arc furnace shop suspended operation due to the breakdown of the arc furnace transformer. In March the operation was resumed, and the works reached the full capacity again. One of the records was set…Details
Net profit of Evraz in January-June grew to $1.145 billion from $86 million in H1 2017. Free money flow increased from $549 million to $661 million, while the debt dropped by $646 million, to $4.786 billion. Consolidated EBITDA went up by 65.5%, to $1.906 billion. (Ukrainian metal)Details
Tau-Ken Altyn gold refinery produced more than 10 tons of pure gold in the first six months of 2018. “The gold refinery sent more than 10 tons of 9999 refined pure gold bars to the National Bank,” its representative Muratbek Zhanas declared. “This year the Tau-Ken Altyn refinery is expected to refine and sell 20…Details
In Q1 DCH Group paid the last $15 million to Evraz from the amount on the deal to buy Sukhaya Balka plus $3 million of dividends. Evraz started the selling procedure in May 2017. The deal had to be closed by the end of the year, but as of December 1, 2017 Evraz had received…Details
In January-July Azovstal produced 2.368 million tons of rolled metal up by 10.4% YoY. According to the company statement, steel output grew by 2.1%, to 2.488 million tons, and pig iron – by 6.4%, to 2.289 million tons. In July Azovstal produced 266 thousand tons of rolled metal, 307 thousand tons of steel and 289…Details
In January-July Dneprovsky Iron and Steel Works, purchased in early March by DCH, produced 441 thousand tons of rolled metal, up by 11% YoY. According to the company statement, steel output increased by 4%, to 505 thousand tons, while that of pig iron dropped by 18%, to 485 thousand tons. In July DMZ produced 37…Details