Ukraine: Metinvest gets loan to construct CCM at Mariupol Ilyich

Metinvest has attracted a loan of 43.2 million euros for 7 years to finance the Mariupol Ilyich Iron and Steel Works. The loan is covered by the Austrian export guarantee issued by Oesterreichische Kontrollbank AG. The money will be spent to finance the construction of the continuous casting machine No. 4 at Mariupol Ilyich by…

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Russia: corrosion-resistant seamless pipes imports up in January-May 2018

In January-May, according to the customs statistics, imports of seamless pipes of corrosion-resistant steel totaled 22.1 thousand tons valued at $61 million, up 2.9-fold and 1.6-fold YoY respectively.

This is the largest volume of imports in the past 7 years.

The main supplier is Kazakhstan (60%), followed by China (19%) and Ukraine (5%). (Ukrainian metal)

Russia: Severstal recommends paying dividends for Q2 2018

Severstal board of directors has recommended paying dividends for April-June in the amount of 45.94 million rubles.

The voting on the issue will be held at the next shareholders meeting scheduled for September 14.

The list of the shareholders entitled for the dividend payment will be created on September 25. (Ukrainian metal)

Russia: ZEMZ masters production of slabs of new stainless –nickel-based alloy

Zlatoust Electrometallurgical Works is carrying out a campaign to expand grade and size portfolio. Each month manufacture of a new type of product is mastered. In July the company started producing corrosion-resistant alloy on the basis of nickel. According to the tests, the quality of the slabs corresponds to all the technical conditions and GOST…

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Russia: Izhstal output up in H1 2018

In January-June Izhstal produced 224 thousand tons of metal products, up by 9% YoY. Rolled metal manufacture increased by 12%, to 193 thousand tons. Sales of steel with special treatment of surface grew by 8%, of stainless grades without nickel – by 43%, and of speed steel – by 18%. Sales to the machine-building enterprises…

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Ukraine: coal output down in H1 2018

In January-June Ukraine mined 16.495 million tons of coal, down by 10.5% YoY. According to the Ministry of energy and coal industry, coking coal mining decreased by 8.2%, to 3.205 million tons and power-generating coal – by 11.1%, to 13.293 million tons. In June coal output dropped by 1.7% YoY, to 2.599 million tons. The…

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Kazakhstan: Kazakhmys copper output up in H1 2018

In January-June Kazakhmys produced 123.056 thousand tons of copper cathodes, down by 2% YoY.

The copper contents in the ore dropped from 0.94% to 0.93%.

In mid-term Kazakhmys intends to increase copper output to 250 thousand tons per year. (Ukrainian metal)

Ukraine: EMSS produces rolls for ABB

Energomashspetsstal has supplied a batch of rolls to ABB.

“In June EMSS shipped 183 tons of rolls to Finnish and Polish metal makers. The parts will be used in engine manufacture”, the company said.

The rolls were delivered by automobiles and via railroad. (Ukrainian metal)

Russia: rolled metal railroad deliveries down in H1 2018

In June direct deliveries of rolled metal and pipes to metal structure manufacturers via railroad totaled 59.5 thousand tons.

In annual comparison they dropped by 14%.

In January-June deliveries decreased by 9.8% YoY, to 329.4 thousand tons. (Ukrainian metal)

Russia: ferrous metals deliveries to car manufacturers up in June 2018

In June direct deliveries of ferrous metals to the major car manufacturers via railroad totaled 89.3 thousand tons.

In annual comparison the deliveries grew by 9.3%.

In January-June deliveries reached 533.8 thousand tons, up by 7% YoY. (Ukrainian metal)