Russia’s production of finished, semi-finished, and powdered gold increased by 1.7% YoY and by 19.7% MoM in July, the Federal State Statistics Service said in a report. In January-July gold production decreased by 0.6% YoY. Previously, absolute figures on production of precious metals were a state secret. The figures are no longer classified, but the…Details
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Russian metals giant Norilsk Nickel is working on a mechanism of settlements in rubles with foreign clients who are ready for that, a representative of the company reported. “Some clients of Norilsk Nickel expressed readiness to make settlements in rubles. We are working on this issue with them,” the representative said. (Prime/Ukrainian metal)Details
Panyutino Wagon-Repair Works, a subsidiary of Ukrzaliznytsia (Ukrainian Railways) has ordered Metinvest-SMC LLC the delivery of metal valued at 55.88 million UAH. This year the company will supply 2520 semi-finished axles manufactured by Dneprovsky Iron and Steel Combine at 22176 UAH apiece. The price of the contract is 0.1% below the expected cost of the…Details
In January-July Ukraine imported 730.9 thousand tons of rolled metal valued at $596.6 million, up by 10.1% and by 21.6% YoY respectively. The increase has to do with the growth of bars imports by 44%, to 306 thousand tons valued at $202.7 million, up by 66%. Flat rolled metal imports dropped by 1.2%, to 163.3…Details
Vyksa Iron and Steel Works has successfully tested the machine to apply protective coating to the pipes in the casing pipe finishing shop. The new Venkajob machine will be used to coat pipes with the special UV-varnish to protect the metal surface from the environment impact and prevent corrosion in transit. During the tests the…Details
In January-July Chukotka Autonomous District mined 364 thousand tons of coal, up by 41%. Beringpromugol LLC has contributed the most to the output increase. In 7 months the company mined 304.3 thousand tons of coal, up 2.3-fold YoY. Shakhta Ugolnaya decreased coal output by 43%, to 59.8 thousand tons. Last year the region yielded 445…Details
Chelyabinsk Zinc Works is carrying out a program to modernize its capacities. In particular, the specialists have started switching machinery of the rotary kiln No. 2 to rotary oxide calcination. The framework of the building has been completely reconstructed. The project will be finished in September. The total cost is 410 million rubles. (Ukrainian metal)Details
Izhstal has passed the re-certification audit for the correspondence of its quality management system to ISO 9001:2015. The certificate increases the competitiveness of the company both on the domestic market and abroad. The inspection has been carried out TUV SUD. The company received its first quality management system certificate according to ISO 9000 in 2003.…Details
In January-July exports of raw materials for metal industry grew by 42.2%, to 2.6 million tons, valued at $1.323 billion, up by 32.3%. Pig iron exports went up by 59.3%, to 1.767 million tons, with 175.5 thousand tons valued at $64.56 million exported in July, which was one of the lowest results since the start…Details
The board of directors of Russian metals giant Norilsk Nickel has recommended paying 776.02 rubles per share, or a total of about 122.802 billion rubles in dividends for January-June, the company said in a statement. The shareholders will discuss the recommendation at an extraordinary meeting scheduled for August 27. The record date for the dividends…Details
Novocherkassk Electrode Works (NEZ) has put into operation a new line of pitch impregnation. The line will increase the output of electrodes with the diameter of 250 mm to 710 mm 2-fold, from 1500 tons to 3 thousand tons. The cost of the project is 172 million rubles. Until 2020 Energoprom will invest 2.6 billion…Details
Smart Maritime Group has shipped to the customer the first batch of metal structures produced under the contract to assemble three thickener tanks for Yuzhniy Mining and Processing Works with the combined cost of 175 million UAH. So far 180 pillars have been sent to the city of Krivoy Rog. All of them have been…Details
Energomashspetsstal has supplied a batch of supporting rolls for ArcelorMittal. The companies have been cooperating since 2001. This time EMSS shipped rolls to AM Atlantique et Lorraine Seremange HSM (France), AM Bremen GmbH (Germany), AM Espana SA (Spain) и AM Poland S.A. (Poland). The combined weight of rolls to be used in cold- and hot-rolling…Details