In January-September MMK produced 7.301 million tons of pig iron and 9.552 million tons of steel, down by 2.8% and by 0.2% YoY respectively. Metal products output grew by 0.6%, to 8.599 million tons. Bars accounted for 1.372 million tons, up by 0.3%, hot-rolled sheets – 3.92 million tons, up by 3.2%, and cold-rolled sheets…Details
According to the Federal Service of State Statistics, in January-September Russia produced 38.9 million tons of pig iron, up by 0.4% YoY. In September manufacture dropped by 2.2% YoY and by 4% MoM. Rolled metal output increased by 2.5%, to 46.3 million tons. In September production fell by 3.1% MoM and by 0.2% YoY. Pipe…Details
Corum has produced a KA200 shearer for the Mine named after Space Heroes of DTEK Pavlogradugol. The Space Heroes miners intend to extract some 2750 tons of coal per day. To decrease coal losses, Corum machine-builders have additionally equipped the shearer with rake-in devices and Lechler multi-injectors. Corum has also repaired a scrapper machine. (Ukrainian…Details
In January-September Chelyabinsk Iron and Steel Works received 4.1 billion rubles of net profit, up 2.4-fold YoY. Revenue grew by 7.6%, to 94.5 billion rubles. The company accounts payable dropped from 21.8 billion rubles in early 2018 to 16.8 billion rubles at the end of Q3. Accounts receivable also decreased – from 27.8 billion rubles…Details
Next week Prime Minister Vladimir Groysman intends to host a meeting on the salary debts to state miners and other debts in the industry. According to him, the problem of the profitless operation of state coal industry is systematic, and the government has to provide 2.5 billion UAH of subsidies for coal miners in the…Details
The JSC Ukrtransnafta following the tenders has concluded 7 agreements on the delivery of welded pipes worth 566.89 million UAH. Interpipe Ukraine LLC has received the most orders – for 362.15 million UAH. The company will supply pipes produced by Interpipe NTZ according to GOST 20295-85 at 7989-7991 UAH per meter. The Trading House Truboizolkomplekt…Details
The deliveries of the domestic scrap to metal companies in September grew by 3% MoM, to 276 thousand tons. At the same time exports dropped by 60%, to 8 thousand tons. In September scrap-procuring companies collected 284 thousand tons of scrap, up by 3% MoM. In January-September of 2.74 million tons of procured scrap (up…Details
Prices of gold, silver and platinum decreased in Azerbaijan on October 17, according to the data published by the Central Bank. The price of gold dropped by 6.8085 manats, to 2,077.4085 manats per ounce on October 17 compared to the price on October 16. The price of silver fell by 0.0783 manats, to 24.8617 manats…Details
In September railroad deliveries of Ural Steel LLC metal totaled 98.1 thousand tons, up by 4.4% YoY. According to the railroad statistics, in 9 months sales reached 987 thousand tons, up by 20.9 YoY. Deliveries to Russian customers grew by 20.4% YoY, to 891 thousand tons, and exports – by 25.2%, to 96 thousand tons.…Details
In September railroad sales of rolled metal from Oskol Electrometallurgical Works totaled 281.8 thousand tons, up by 3.3% YoY. According to the railroad statistics, in 9 months sales reached 2.3 million tons, up by 1% YoY. Deliveries to Russian customers fell by 24.8% YoY, to 438.6 thousand tons, while exports grew by 9.8%, to 1.87…Details
In September direct railroad deliveries of ferrous scrap to MMK grew by 11% YoY, to 258.7 thousand tons.
According to the railroad statistics, in 9 months deliveries totaled 1.36 million tons, up by 3.6%.
Since 2012 MMK has been the leader in scrap purchases via railroad. (Ukrainian metal)
The Federal Antimonopoly Service has initiated a case against railroad wheel manufacturers – Vyksa Iron and Steel Works and NTMK. They are suspected of setting monopoly high prices for wheels. The service reported a considerable increase in price since H2 2017. In April the Eurasian Economic Committee increased antidumping duty for Interpipe wheels from 4.75%…Details
Prices of precious metals increased in Azerbaijan on October 16, according to the data published by the country’s Central Bank. The price of gold grew by 6.5875 manats, to 2,084.217 manats per ounce on October 16 compared to the price on October 15. The price of silver went up by 0.0557 manats, to 24.94 manats…Details
In just one week there appeared 3 announcements on the start of bankruptcy procedures of Svetlinsky Ferronickel Works. Three claimants are EnergosbyT Plus Company, Absolut Bank and an individual. The combined volume of claims is 48 million rubles. The situation at the works worsened in spring, when the experiment to commission the newest energy saving…Details
In January-September Belarus Iron and Steel Works sold $1.136 billion worth of metal. This is almost on par with the whole last year level. Exports reached 1.5 million tons valued at $941 million, up by 9.2% and by 35.5% YoY respectively. In 9 months the company produced 1.8 million tons of steel, 1.56 million tons…Details
Navoi Mining and Metallurgical Combine has commissioned a new site to produce rare and rare-earth metals. The company occupies the 7th place in the world in uranium mining and uranium oxide concentrate production. The uranium concentrate is the main product of the ore group No. 5, where a new site has been commissioned. It will…Details
Rosselkhozbank has provided a loan to the Abinsky Electrometallurgical Works LLC, the largest metal company in Southern Russia. With the help of the loan, the company has modernized and increased its capacities, as well as infrastructure. Until the end of the year AEMZ will commission a metal wares shop, which will create additional jobs. The…Details
None of the large diameter pipe suppliers attended the Gazprom tender to supply pipes for the Kovykta-Chayanda site of the Sila Sibiri (Power of Siberia) pipeline to China. In mid-September Gazprom komplektatsia LLC announced 5 purchases of 601.904 thousand tons of LDP for the expected amount of 47.415 billion rubles. The pipes had to be…Details
As of October 1, the Daksib LLC alluvial gold output in Irkutsk region totaled 160.6 kg, down by 26.3% YoY. As of October 1, 2017 the company washed 217.9 kg of gold. Last year the output totaled 232.6 kg. This year the company intends to extract 265 kg of gold. Daksib owns 4 licenses in…Details
In January-August Severstal Distribution increased sales to Serwistal (Poland) by 70% YoY. The company supplies hot-rolled flat metal, as well as galvanized and polymer-coated rolled metal. The metal is then processed into sheets and strips. “We have been cooperating with Serwistal since 2010, but it is now that we have considerably increased our sales due…Details
In 2018 Yekaterinburg Non-Ferrous Metals Processing Works kept on expanding its geography of exports. This year the company has entered the new markets in Europe and Southeastern Asia, having started deliveries to Spain (products for medicine industry) and Thailand (standard silver samples). Thus, the EZOTsM exports geography has expanded to 33 countries. In 2015 the…Details
Elgaugol LLC has commissioned a weighing control unit.
The unit is used to weigh loaded trucks.
The premises of the weighing unit are fully automated: all the information is shown on the screen and is then saved.
The new unit will improve the speed and the precision of the truck weighing. (Ukrainian metal)
In November Ukraine is expected to produce 1.8 million tons of steel and pig iron each, as well as 1.6 million tons of rolled metal. As of October 10, 20 out of 21 blast furnaces, 8 out of 9 open-hearth furnaces, 14 out of 16 converters, 7 out of 15 electric arc furnaces and all…Details
The militants of the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, have transferred the Dokuchaevsk Flux-Dolomite Complex, once a part of SCM, to Vneshtorgservice, a company linked to the fugitive oligarch and the accountant of the Yanukovich family – Sergey Kurchenko. The transfer has to do with the fact, that,…Details