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In January-March Mechel produced 1.055 million tons of steel, down by 6% YoY. Pig iron output also dropped by 6%. “We’ve focused on the manufacture of sections and mastering new sizes of beams. Because of the stable demand for these products, we have increased their output by 17%. We now produce some 20 types of…
DetailsIn June Ukraine intends to produce 1.8 million tons of steel. According to Ukrmetallurgprom, pig iron output will total 1.8 million tons, and rolled metal – 1.6 million tons. For May Ukrmetallurgprom forecast the same output figures. In April Ukraine produced 1.65 million tons of pig iron, down by 2% MoM, 1.72 million tons of…
DetailsIn April Ukrainian by-product coke enterprises received 1.12 million tons of coking coals, down by 18% MoM. In particular, Ukraine-produced coal deliveries totaled 0.24 million tons, down by 4%, and imported – 0.88 million tons, down by 21%. In January-April by-product coke plants received 4.74 million tons of coal, down by 1% YoY, including 1.02…
DetailsIn April Ukrainian metal companies received 2.77 million tons of iron ore raw materials, up by 8% MoM. In January-April metal companies received 10.63 million tons of iron ore raw materials, up by 27% YoY, including 10.6 million tons of Ukrainian materials (up by 28%) and 25 thousand tons of imported (up by 32%). Exports…
DetailsIn January-April Severniy Mining and Processing Works produced 2.917 million tons of pellets, up by 40% YoY. According to the company statement, concentrate output grew by 5.2%, to 3.835 million tons. In April the works produced 820 thousand tons of pellets and 1.002 million tons of concentrate. (Ukrainian metal)
DetailsIn January-March Nord Gold SE produced 225.1 thousand ounces of gold, down by 6% YoY and by 10% QoQ. Revenue grew by 2% YoY, to $300 million, mostly because of the increase of the gold sale price. At the same time revenue dropped by 6% QoQ. EBITDA was $126 million, down by 4% YoY and…
DetailsElectrozinc is preparing to commission a new absorber, the final part of the sulfur acid shop reconstruction. The machine will be connected to the technological line during the scheduled repair in September. The new machine will let the company reach sulfuric anhydride absorption and gas purification level of 99.99%. The height of the absorber is…
DetailsTulachermet-Stal is carrying out cold tests and preparing for the hot tests of its rolling machinery. The company will be the first new integrated bar-rolling manufacture in modern Russia on the basis of a highly efficient converter technology. Tulachermet-Stal will create some 1700 jobs. The commissioning of the enterprise is scheduled for H2. The capacity…
DetailsDCH, which bought Dneprovsky Iron and Steel Works from Evraz in March, intends to construct a new shop of continuous casting with a high-speed 5-slit rolling machine, two external treatment machines, a ladle-furnace and other machinery. The capacity of the continuous casting machine will be 155 tons per hour. The new shop will provide for…
DetailsUkraine has imposed sanctions against Moldova Iron and Steel Works for 3 years. According to the president order No. 126, the special economic and other limiting measures have been taken against a number of individuals and companies, The sanctions are introduced for 3 years to block assets, limit trade operations, prevent capital outflow as well…
DetailsArcelorMittal Kriviy Rih has additionally increased its salary fund by 1.1 billion UAH, and intends to return to the issue of raising salary in autumn. According to the workers’ union, a meeting was held on May 23 with the company CEO Paramjit Kahlon. “He said that the industrial situation at the enterprise was difficult. The…
DetailsSince the start of the year Amur region has mined over 1.2 million tons of power-generating coal, up by 5% YoY. The coal is mined at 2 deposits – the Raychikhinskoye and Yerkovetskoye. The coal industry employs over 1600 locals. With the increase of the Yerkovetsky open-pit capacity their number could grow. The oldest pit…
DetailsSeverstal has completed assembly of the new heating furnace in the blanking shop of SSM-Tyazhmash. “The cost of the investment project exceeded 55 million rubles. Innovative materials and techniques allow saving up to 40% of gas as well as increasing product quality”, Severstal Russian Steel CEO Vadim Germanov said. The operating temperature of the furnace…
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