The Kristall Non-Ferrous Metallurgy Works, situated in the North Osetia, will be restored by S7 Group. The works used to be the only producer of the vacuum cooper in the country. The operation of the works started in 1967. All the machinery has been retained since the suspension of operations in 2012. Moreover the specialists…Details
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In January-June Severstal – Bar Works Balakovo produced over 450 thousand tons of steel, up by 34% YoY. The company also increased bars output by 27%, to 400 thousand tons. Sales volumes reached 400 thousand tons. Domestic market accounted for 94% of the purchases. The rest was exported. The widening of the sales market (to…Details
In July Zlatoust Electrometallurgical Works produced 5508 tons of liquid steel. The vacuum arc remelting site overfulfilled its target by 5%. The main products were stainless nickel-containing alloys and corrosion-resistant steel without nickel. The rolling shop produced 2824 tons of metal. In particular, the mill-400 produced 998 tons and bar mill-280 – 226 tons. (Ukrainian…Details
Evraz NTMK has put into operation a new ball-rolling mill to produce balls with the diameter of 60 to 120 mm of the highest – the fifth – hardness group, previously only manufactured abroad. The mill is situated in the rail and beam shop. The total length of the manufacturing line is 300 meters. There…Details
Russia’s president Vladimir Putin does not plan an extraordinary meeting with business representatives to discuss the situation in the industry, presidential spokesman Dmitry Peskov reported. “No such meetings have been scheduled yet because the president has not approved any decision. The president agreed that the issue should be considered by the government’s experts,” he said.…Details
Ukraine increases coal purchasing from Russia despite the public anti-Russian mood of the high-rank officials. In January-June Russia accounted for 63% of coal supplies to Ukraine, the largest volume in the past 4 years. The share of coal in the overall imports reached 6%, while Ukraine has 4% of the world coal reserves. This year…Details
In January-July Ukraine increased the import of manganese ore and concentrate by 1.5% YoY, to 580.98 thousand tons valued at $113.953 million, up by 32%. According to the State Fiscal Service, the main suppliers were Ghana (51.97%), the Republic of South Africa (22.82%) and Russia (15.71%). In 7 months manganese ore and concentrate exports and…Details
In January-July Ukraine increased exports of carbon steel semi-finished products by 15.9% YoY, to 4.011 million tons valued at $1.92 billion, up by 46.7%. According to the State Fiscal Service, the main customers were Italy (33.41%), Turkey (17.74%) and Egypt (17.44%). At the same time Ukraine imported 22.679 thousand tons of semis, up 3.5-fold YoY,…Details
In January-July Ukraine imported 2.771 million tons of aluminum ore and concentrate (bauxites) valued at $109.994 million, up by 6.3%, but down by 1.3% YoY respectively. According to the State Fiscal Service, the main suppliers were Guinea (57.99%), Guiana (35.86%) and Brazil (5.48%). In 7 months Ukraine re-exported 45 tons of bauxites valued at $5…Details
In January-July Ukraine imported 891.674 thousand tons of nickel ore and concentrate valued at $43.582 million, up by 13.4% and by 13.5% YoY respectively. According to the State Fiscal Service, the main suppliers were Guatemala (71.01%) and Indonesia (28.99%). In 7 months Ukraine neither exported nor re-exported nickel ore and concentrate. (Ukrainian metal)Details
In January-July Ukraine decreased exports of titanium-containing ores and concentrate by 2.5% YoY, to 344.26 thousand tons, valued at $70.381 million, up by 24.1% YoY According to the State Fiscal Service, the main importers of the products were Turkey (23.65%), the Czech Republic (20.39%) and Russia (13.6%). In 7 months Ukraine imported titanium-containing ore and…Details
The price of coal has more than doubled and amounted to 17,000 tenges in some areas of the East Kazakhstan region. “Its growth for the end user is significantly influenced by railway tariffs and surcharges of intermediary organizations. The main volume of coal for municipal consumers is sold through the commodity exchange,” Kazakh Energy Ministry…Details
The prices of precious metals decreased in Azerbaijan on August 10, according to the data published by the Central Bank. The price of gold decreased by 5.015 manats, to 2059.0655 manats per ounce on August 10 compared to the price on August 9. The price of silver went down by 0.097 manats, to 26.1884 manats…Details