If the decree No. 1210 is supported by the Parliament, the industry will most likely start importing iron ore and not mining its own. “ArcelorMittal has already said they would review their policy and start importing iron ore, and not mining it in Ukraine, as it would become inefficient. The decree is bad for all…
DetailsAccording to Worldsteel, in January-August global steel output totaled 1240.29 million tons, up by 4.42% YoY. China is still the leader in the output with 609.36 million tons (53.6% of the overall manufacture). Of the 62 countries Ukraine is on the 13th place – 14.66 million tons produced, up by 4.82%. (Ukrainian metal)
DetailsNLMK Group, a global steel company, with operations in Russia, the US and the EU, has shipped 5 million tons of slabs to Vyksa Iron and Steel Works (VSW, part of OMK Group). NLMK Group and OMK created a unique process chain in Russia in 2012. NLMK manufactures slabs at it Lipetsk site from captive…
DetailsOn September 24 a 30-year miner was injured during preparatory works at the Lesnaya mine. Roof of the shaft collapsed and he received heavy injuries of chest, ribs and legs. According to preliminary information, the miners were not supposed to be at the place of the cave-in. (Ukrainian metal)
DetailsIn January-June the net profit indicators of Kyrgyzaltyn OJSC turned out to be 14 times higher than in 2018, press service of the company reported. The net profit of Kyrgyzaltyn amounted to 119.2 million soms. In 2018 the OJSC earned only 8.5 million soms over the same period. “Such high rates became possible thanks to…
DetailsMechel-Koks has shut down its coke oven battery No. 8 for reconstruction to decrease pollution. The coke oven gas pipeline and ammonium water pipeline will be replaced. During the reconstruction a temperature of around 1 thousand degrees C will be maintained at the battery in order to keep the refractory brick lining intact. The modernized…
DetailsThe coordination council of MMK and TMK has held a meeting. The parties discussed the results of cooperation and set prospects to continue it. This was the 27th meeting of the council. In 2018 TMK pipe plants received over half a million tons of flat rolled metal manufactured by MMK. In January-September deliveries will total…
Details