Evraz ZSMK has produced a trial batch of rails of the new category – DT400 IK. The rails can be used under the most sever conditions. Previously such rails were not produced in Russia. After all the certification documents are received, a batch of rails will be sent for tests. (Ukrainian metal)Details
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Ukraine: Economic Ministry disappointed with EC decision to reject obligations proposed by hot-rolled steel exporters
The Economic Development and Trade Ministry of Ukraine is disappointed by a decision of the European Commission (EC) to reject price commitments proposed by Metinvest Group and other hot-rolled steel exporters in exchange for non-applying the previously introduced anti-dumping duties to them. “We are very disappointed by this decision of Europe, especially in the context…Details
In January-February Chukotka Autonomous District mined 135.7 thousand tons of coal, up by 10% YoY. The increase in output has to do with the growth of coalmining at Beringpromugol LLC. In 2 months the company shipped 95.3 thousand tons of coal, up 1.5-fold YoY. Shakhta Ugolnaya also mines for coal in the region. Its output…Details
The Uralsky Engineering Center has supplied to Cherepovets Iron and Steel Works and installed the new system of press management, as well as the complex to purify liquids and the system to lubricate the machine. “The cost of the investment project exceeded 48 million rubles. The modernization of the machine improved its productivity, product quality…Details
Rusal and the Institute of light materials and techniques have developed a unique alloy on the basis of Al-Mg-Sc, the best advantage of which is the 3-fold decrease of scandium contents, while its increased parameters, usual for scandium-containing aluminum alloys are preserved. Thus, the decrease in cost makes this alloy widely accessible. The work on…Details
In 2018 the last year tendencies will persist on the steel pipes market: OCTG pipes demand will be increasing because of the growth of drilling. ChTPZ intends to increase its share in the supplies of pipes for construction of compressor plants. “This year the group plans to retain its output volumes on the previous year…Details
In January-February Ukraine increased revenue from ferrous metals exports by 27% YoY, to $1.709 billion. According to the State Fiscal Service, ferrous metals accounted for 23.17% of the total exports revenue against 21.48% in January-February 2017. In February ferrous metals exports revenue reached $836.157 million. In 2 months ferrous metals imports grew by 59.8%, to…Details
Severstal has received machinery of four quality control systems for its Cherepovets Iron and Steel Works. The investment project with the total amount of over 180 million rubles will improve cold-rolled metal surface quality. Under the contract Isra Surface Vision GmbH (Germany) has supplied modules of video cameras with high resolution, the equipment for lighting…Details
Energomashspetsstal will supply 461.55 tons of supporting rolls for hot-rolled mills to Essar Steel (India). According to the company statement, it will produce 12 supporting rolls. The agreement is valid until August 2019. The rolls will be used in stainless steel rolling. (Ukrainian metal)Details
In 2017 the state enterprise United Mining and Chemical Company concluded two thirds of its contracts on titanium ore deliveries with Bollwerk (Austria). The total cost of these contracts is $53 million, or 1.5 billion UAH. Last year the UMCC management was detained for economic crimes. After that Bollwerk was replaced by TS Taunus Chemical…Details
Іmerys Refractory Minerals Clerac (France) has increased its share in the statutory capital of Vatutino Refractory Works from 89.35153646% to 89.37987559%. The company share in the total number of voting shares grew from 99.80537953% to 99.927133%. Last year VKO net profit dropped by 21% YoY, to 51.862 million UAH. The consolidated accounts receivable grew 2-fold,…Details
On March 12 the electric arc furnace No. 3 of Belarus Iron and Steel Works made the first steel after capital repairs. The furnace was shut down on February 12 for essential repairs. The company was able to cope with the repair 3 days in advance. At present scheduled repairs are being carried out at…Details
The Uskovskaya mine of Raspadskaya Coal Company has put into operation a new long face. Its reserves total 1.7 million tons of coking coal. The monthly output is planned at the level of 250-270 thousand tons. (Ukrainian metal)Details