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Rushydro and Rusal have taken a pause in the construction of the Taishet Aluminum Plant because of the sanctions. Earlier the Rushydro CEO Nikolai Shulginov noted that the company deemed it necessary to review the initial conditions of participation in the project. Rusal began constructing the plant in Irkutsk region in 2006, but had to…
DetailsIn January-August deliveries of steel products to construction companies (including imports) decreased by 7.8% YoY. Bars accounted for 43.6% of the total deliveries. The result dropped by 8% YoY. Shapes and sections accounted for 34%, down by 8%. The share of roofing steel, including galvanized, was 8.1%, down by 11.7%. The share of steel pipes…
DetailsIn June-August direct deliveries of ferrous scrap to the major metal companies and pipe plants totaled 4.31 million tons. According to the railroad statistics, this is up by 13.7% YoY. At the same time it is down by 2.8%, up by 22.6% and by 12% compared to 2014, 2015 and 2016 respectively. (Ukrainian metal)
DetailsAccording to the statistics committee of the Ministry of National Economy, in August Kazakhstan produced 0.374 million tons of steel (0.367 million tons in July), down by 5.2% YoY. In January-August steel manufacture dropped by 0.5%, to 3.061 million tons. Flat rolled metal output grew by 7.1%, to 2.017 million tons, with 0.279 million tons…
DetailsMagnitogorsk Iron and Steel Works will take part in the Expert Group for the Development in Russia of Standards for the Implementation of Technology and Innovation. A unified methodology will increase demand for Russian technology and help boost Russian companies’ competitiveness. The standards will constitute recommendations on working with external innovations, along with other measures…
DetailsThe prices of precious metals varied in Azerbaijan on September 12, according to the data published by the Central Bank. The price of gold decreased by 0.5355 manats, to 2,029.222 manats per ounce on September 12, compared to the price on September 11. The price of silver decreased by 0.0787 manats, to 23.9715 manats per…
DetailsIn August Dneprospetsstal produced 20999 tons of steel, up by 3% MoM, and 14034 tons of rolled metal, up by 8.6%. The combined cost of the products manufactured in August totaled 849861 thousand UAH, up by 7.4%. In January-August the company produced 168808 tons of steel and 112359 tons of rolled metal, down by 1.9%…
DetailsIn January-August Chukotka Autonomous District extracted 16.38 tons of gold, down by 5% YoY. 14.52 tons accounted for ore gold, with 1.86 tons provided by alluvial sites. Silver output decreased by 15%, to 74.98 tons. In January-August 2017 gold output was 17.18 tons and silver – 87.85 tons. (Ukrainian metal)
DetailsIn August the Federal Cargo Company transported 1.3 million tons of metal in gondola cars, up by 17% YoY. “In Ural region MMK increased loading into gondola cars to 155 thousand tons. In North-West Izhorsky Pipe Works to 16.3 thousand tons. Rostov Electrometallurgical Works increased loading to 11 thousand tons”, the company director of department…
DetailsIn August Zlatoust Electrometallurgical Works exceeded its manufacturing plans. In particular, the metallurgical manufacture surpassed the plan on steel production using vacuum arc remelting technique. Nickel-containing steel and alloys accounted for some 1400 tons. The company has also mastered the manufacture of slabs of corrosion-resistant heat-resistant steel. In August ZEMZ produced 4.876 thousand tons of…
DetailsIn January-July Russia exported 27.452 million tons of ferrous metals, up by 13.5% YoY. According to the Federal Customs Service, the exports of ferrous metals without pig iron, ferroalloys, scrap and wastes totaled 17.904 million tons, up by 5.9%. The exports of semi-finished products of carbon steel reached 9.507 million tons, up by 14.8%, of…
DetailsBelarus Iron and Steel Works has manufactured a trial batch of new products – rebars of 8 mm diameter. Previously the company produced rebars with the diameter of 10 to 40 mm. The mastering of the new product has been dictated by the demand from customers. This year the company has received some 40 orders…
DetailsEmployees of the Novovolynskaya Mine No. 9 have been striking for 10 days already because of the wage debts. Now they have made a strike near the Volynugol administration premises demanding the CEO to be fired. “In addition to the clearing of the salary debts they also insist on firing the acting CEO of the…
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