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Cherepovets Iron and Steel Works has produced the first coke at the coke-oven battery No. 4 after its reconstruction. “The completion of the main stage of the coke-oven battery No. 4 reconstruction valued at 6 billion rubles opens a long-term program to renew capacities of CherMK coke-and-sinter manufacture. The new machine will mainly operate on…
DetailsThe German chemical concern BASF has chosen the site for its first European plant to produce components for accumulator batteries near the Norilsk Nickel enterprise in the city of Harjavalta (Finland). The commissioning of the plant, to be constructed on the basis of the operating since 2018 pilot manufacture, is scheduled for late 2020. It…
DetailsThe state enterprise Ukrpromvneshekspertisa forecasts that in November the volume of ferrous scrap deliveries to metal companies will grow by 4.4% MoM, to 260 thousand tons. The forecast for October will drop by 3.9% MoM, to 240 thousand tons. In December the deliveries are expected to reach 230 thousand tons. (Ukrainian metal)
DetailsMiners of the state enterprise Lisichanskugol mine named after Kapustin are still striking underground. On October 19, 33 miners refused to return to the surface. “The unions have provided them with food and water. But they have stayed without food for a day”, Mikhail Volynets, the chairman of Independent Miners’ Union, reported. The miners demand…
DetailsFor the first time in Russia Evraz NTMK has implemented a system of manufacture planning on the basis of SAP ERP and SAP APO PP/DS. The system has changed the process of ordering, manufacture planning and spare parts producing. As a result, the level of warehouse stocks has decreased by 10%. (Ukrainian metal)
DetailsIn August Russia imported 74.1 thousand tons of flat galvanized rolled metal (including coatings with aluminum), down by 4.5% YoY. In January-August imports dropped by 7.4%, to 392.2 thousand tons, valued at $393 million, up by 4%. Kazakhstan supplied the most – 46%, down by 2.3%. The average price on the Russian border was $739.3…
DetailsIn August Russia imported 55.4 thousand tons of flat galvanized steel with polymer coating, up by 7.6% YoY. In January-August imports dropped by 30.3% YoY, to 277.8 thousand tons. The main supplier is China (118.7 thousand tons, down by 50.4%). The average price at the Russian border in August was $894.2 per ton without VAT.…
DetailsA fire appeared on the territory of 4500 square meters at the zinc electrolysis shop of Electrozinc in the city of Vladikavkaz. 150 firemen and 42 machines were used to extinguish the fire. As a result of the accident one fireman perished and two were injured. Presumably the building contained sulfuric acid tanks. The company…
DetailsThe Rostov subsidiary of the First Cargo Company reported that in January-September the Tuapse Sea Trade Port unloaded 33.5 thousand wagons, that brought over 2 million tons of NLMK ferrous metals, up by 36% YoY. The increase has to do with the demand growth in the far abroad countries. The port shipped pipes (90% of…
DetailsIn September Ukraine increased coal imports by 1.5% YoY, to $215.429 million, while exports grew by 99.5%, to $0.034 million. According to the State Fiscal Service, the main supplier was Russia ($136.23 million). In January-September Ukraine imported $2191.76 million worth of coal, up by 15.4% YoY, while exports dropped by 89.2%, to 8.127 billion. (Ukrainian…
DetailsEvraz will increase the capital investments program for 2019-2022 to $830-990 million, while since 2014 it has already invested more that $660 million. It is planned to carry out projects worth $1.5 billion, and spend $500 million a year on the maintenance. In particular, the modernization of rail manufacture at Evraz Rocky Mountain Steel (USA)…
DetailsPrices of gold, silver, platinum and palladium increased in Azerbaijan on October 22, according to the data published by the Central Bank. The price of gold grew by 0.918 manats, to 2,087.515 manats per ounce on October 22 compared to the price on October 19. The price of silver went up by 0.0907 manats, to…
DetailsThe price of one ounce of gold increased by 8.9675 manats or by 0.4% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2,081.2624 manats. The price of one ounce of silver decreased by 0.0391 manats or by 0.16%, to 24.8707 manats. The price of one ounce of platinum…
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