This year Zaporizhstal intends to focus on improving the quality of its products. Last year the company received some 100 thousand tons of low-quality products. “We lose $100-150 on each low-quality ton. This money is a reserve that we could spend to finance investment and social projects. This is, actually, our people’s salary. Thus, our…
DetailsSome 5.7 million tons of coal were extracted from the Russky Ugol pits in Khakasia. The Stepnoy pit and the Kirbinskiy pit employ some 1200 locals. Power-generating coal is extracted at the pits. Coal processing at Stepnoy grew by 21%, to 4.1 million tons. (Ukrainian metal)
DetailsIn 2019 Metinvest spent around the same amount of money on investments as in 2018. Last year it was able to finish all the scheduled key projects – modernization of the blast furnace No. 3 at Azovstal and the mill-1700 at Mariupol Ilyich Iron and Steel Works. “We are also going forward with our environment…
DetailsThe Osinnikovskaya mine, a part of Raspadskaya Coal Company, has received a Glinik cutter-loader. Until March another machine, as well as energy train are expected. The machine will operate in the 4-1-5-7 long face. Its development will begin in April. With the help of the cutter-loader miners will be able to extract some 170 thousand…
DetailsIn November 2019 Russia imported 89.7 tons of raw tin, down by 41% MoM and by 14% YoY. Deliveries from Peru decreased 2-fold, to 25 tons, while from Bolivia grew 2-fold, to 40.5 tons. Belgium supplied 20 tons. In 11 months of 2019 imports totaled 1.1 thousand tons, up by 3% YoY. In monetary terms…
DetailsIn 2019 Ukraine exported 40.22 million tons of iron ore raw materials, up by 9% YoY. Domestic companies received some 27 million tons, down by 1%. Iron ore concentrate output grew by 4.6%, to 63.084 million tons. At the same time sinter manufacture dropped by 2.4%, to 30.911 million tons, and pellets – by 2.8%,…
DetailsRussian steelmaker Novolipetsk Steel (NLMK) expects its capital expenditures to exceed $900 million in 2020 with the exact figure to be clear in March, NLMK President Grigory Fedorishin announced on January 23 on the sidelines of the World Economic Forum. He confirmed the earlier plan of $1 billion in 2019 and about $900 million per…
DetailsIn 2019 Ukraine exported $14 billion worth of metal and mining products. It is expected, that last year Ukraine exported some 14.7 million tons of rolled metal valued at $7.2 billion. In 2018, 14.4 million tons were exported at $7.8 billion. The share of exports in the total output was 82% in 2019 and 78.5%…
DetailsThe State Property Funds says that the privatization of Centerenergo and Krasnolimanskaya Coal Company as one package is possible. For this the fund is cooperating with the Ministries of energy and environment, economy and prime minister in order to develop a correct policy. Privatization of such assets, as Krasnolimanskaya, according to the fund, should be…
DetailsIn December 2019 Ukraine produced 1.61 million tons of pig iron, up by 15.5% MoM, 1.56 million tons of steel, up by 17.8%, and 1.43 million tons of rolled metal, up by 15.3%. Moreover, 5.25 million tons of iron ore concentrate were produced (+1.4%), 2.47 million tons of sinter (+10.8%), 1.51 million tons of pellets…
DetailsProducts of Belarus Iron and Steel Works have won the Best Products of Belarus 2019 award in the “Products of the manufacturing and technical usage” nomination. In particular, the hot-rolled alloyed round steel with the diameter of 30 to 80 mm and the grade of 16MnCrS5/20MnCrS5 has been awarded. The steel is used to produce…
DetailsAccording to the Association of Trade Seaports, in 2019 the seaports’ throughput totaled 840.3 million tons, up by 2.9% YoY. Ferrous metals transportation accounted for 26.7 million tons, down by 12.6%. In particular, the port of Ust-Luga transported 0.179 million tons of ferrous metals, up by 56%, St. Petersburg – 4.944 million tons, down by…
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