The state enterprise Selidovugol has ordered Zakhystprom Trade LL the delivery of mining rescuing equipment valued at 58750 thousand UAH. In particular, this year the company has to deliver the products of Dezega SP (Turkey): 4792 self-rescuers at 9500 UAH apiece and 3961 regenerative charges at 3340 UAH apiece. In June Selidovugol ordered another company…Details
The state enterprise Ukrpromvneshexpertisa forecasts that in November ferrous metals scrap prices will decrease by 3.1% MoM, or by 200 UAH per ton, to 6300 UAH per ton. In October scrap price averaged 6.5 thousand UAH per ton, but because of the low stocks metal companies increased it to 6750 UAH pert tons. Until mid-November…Details
In January-August Russia imported 107.7 thousand tons of steel pipes from Germany, up 11-fold YoY. June saw the record high results in all the history of imports from Germany – 53.7 thousand tons. In May and July imports were also rather considerable – around 25.5 thousand tons. But in August deliveries fell to 0.63 thousand…Details
In January-September Kazakhstan produced 62697 kg of raw gold, up by 16.3% YoY.
According to the Statistics Committee of the Ministry of the national economy, raw silver output totaled 792535 kg, down by 12.5% YoY. (Ukrainian metal)
According to the American Iron and Steel Institute, in 2017 USA will import 35.9 million tons of steel, up by 20% YoY. Russian companies will contribute the most.
In January-August US imported 24.09 million tons of steel, up by 20.5% YoY.
In particular, Russia supplied 2.12 million tons, up by 65.6% YoY. (Ukrainian metal)
Scientists of the National Research Technological University MISiS together with their Canadian colleagues have created a unique titanium – niobium – zirconium alloy – its resilience is identical to that of the human bones. This innovation will allow creating more efficient and practical medical implants. Researchers believe the new alloy will replace the currently used…Details
ChTPZ has supplied a batch of compressor-pump pipes with the F-3.2 joints to Surgutneftegaz. The pipes have been manufactured at the Pervouralsky Pipe Works. The pipes with the diameter of 73 mm and the wall thickness of 5.5 mm are used in both vertical and slanting shafts. “The ChTPZ group is constantly developing new types…Details
JSC “Electrocable “Kolchuginsky Plant” a part of the “Cable Alliance Holding”, integrating UMMC cable assets) mastered the production of silicone rubber insulated control cables NIKI. Unique properties of this innovative material ensures cables’ high fire-resistance designed for broadcasting signals from sensors to control equipment and for remote control of various machinery. Under flame silicone rubber…Details
ArcelorMittal Kriviy Rih has started reconstructing the small bars and sections mill 250-4. After modernization the mill will be able to process 150×150 mm billets and will be the first mill at the works to produce rebars from such billets. One of the advantages of the reconstruction is that it will be possible to manufacture…Details
In Q3 Metalloinvest produced 10 million tons of iron ore concentrate and sinter ore, down by 0.9% QoQ, mostly because of scheduled repairs. Pellets output totaled 6.3 million tons, up by 0.9% QoQ. HBI manufacture dropped by 4.8% QoQ, to 1.7 million tons, because of the repair of HBI complexes Nos. 1 and 2 at…Details
Russian metals giant Norilsk Nickel is ready to return to the development of the Bugdainskoye deposit in the Zabaikalsky region if molybdenum prices grow significantly, Sergei Dyachenko, first vice president and chief operating officer, declared. “We have done almost everything we could on the Bugdainskoye deposit. We have a project, a positive conclusion of the…Details
Ukraine’s coal industry can cover only 71% of the country needs, thus in 2016 Ukraine had to import 17 million tons of coal. Ukraine is an energy dependent country. The coal shortage is compensated for by imports at 27%, gas – 33%, oil and condensate – 19%, oil products – 77%, and nuclear fuel –…Details
Metinvest B.V. has started reselling a part of metal manufactured by Dneprovsky Iron and Steel Combine, which it receives as payment for raw materials, supplied previously and being supplied still. According to Maxim Zavgorodniy, the executive director of ISD, the owner of DMK, the works supplies only a part of its products to clear debts.…Details
Black Iron intends to use loans, including from EBRD, to construct Shimanovskoye Mining and Processing Works. “Recently the bank has decided to invest $350 million into ArcelorMittal Kirviy Rih, which is close to our deposits”, the company said. The first stage of construction presupposes the GOK capacity of 4 million tons per year, and the…Details
In January-September Chelyabinsk Pipe Rolling Works received 825.92 million rubles of net losses as opposed to 3.529 billion rubles of net profit in 9 months of 2016. According to the company statement, its earnings increased by 7.4%, to 78.686 billion rubles, sales profits dropped from 9.784 billion rubles to 4.75 billion rubles, gross profit –…Details
The new owner of Dneprometiz is now its previous owner, TAS Group owner and ex-vice-prime minister Sergey Tigipko. After the sale by Severstal of its 100% on Dealzone Holding Ltd, owning 98.6% in Dneprometiz, there have been changes in the board of directors. Andrei Ryzhov and Vitaly Palabugin, representing Severstal, resigned. Instead of two more…Details
A resident of Min-Kush village died in an old mine in Dzhumgal district of Naryn region, the Ministry of Emergency Situations of Kyrgyzstan reported. According to it, a 61-year-old villager illegally mined coal in the old mine near Ak-Ulak field. The tunnel of the mine collapsed. Rescuers of the Ministry lifted the body from a…Details
Russian oil and gas pipe maker TMK expects that the U.S.’ demand for the company’s products will double to around 5 million tons in 2017, Sergei Alekseyev, director for global marketing, reported. “Thanks to the U.S. market recovery demand will be about twice as high as in 2016 and will amount to around 5 million…Details
In January-August Russia exported 5.9 million tons of flat rolled metal, up by 2.56% YoY. This is also the highest volume of exports for the past 7 years. Revenue increased by 51.4%, to $3 billion, the highest in 3 years. The main consumer was Turkey (33.4%, up by 8% YoY), followed by Egypt (6.3%, +133%),…Details
Novovolynskaya Mine is the only new mine in Ukraine. Its construction began in early 1980s. As of 2013 it was 87% complete, but the same year construction stopped because of the strike due to the half a year salary debts to builders. The mine had to be commissioned in 2014, but it did not happen.…Details
Refugees who had to leave Donbass because of the Russian aggression and to find new home in other regions of Ukraine, continue contributing to its development. In particular, a businessman from Gorlovka moved to the village of Dityatki, near the Chernobyl NPP zone. There Vadim Minzyuk, who had a large enterprise in Gorlovka, created a…Details
In August, according to the customs statistics, Russia exported 137.8 thousand tons of pig iron, down by 55.3% MoM and by 73% YoY. In July the results were down by 43% MoM, but up by 35.7% YoY, while in June – up by 38%, but down by 14.7% YoY. In January-August sales dropped by 20.1%…Details
Beloretsk Iron and Steel Works has repaired and commissioned one of the main shops – rolling mill-150. 90% of the products manufactured there are processed at the steel wire shops of BMK. All the repair work was complete in 8 days. The rolling mill-150 specializes in the manufacture of high quality wire rod with the…Details
The Metal Wares Trading Company forecasts changes in prices from November 1. Construction nails will become some 5% cheaper, and wire – 2-3%. MTK believes that the price drop could be larger, but many manufacturers report decreasing output by up to 40%. Thus, the company believes the market will not repeat the sharp price fall…Details
The arbitrary court of Chelyabinsk region declared Ufaleinickel bankrupt following the claim of Rost-bank because of the debt of 202.6 million rubles.
The total debt of the company to the bank is 14.6 billion rubles.
In August the company shareholders decided to shut down Ufaleinickel. (Ukrainian metal)
Since the beginning of the year Mednogorsk Copper and Sulfur Works has sent 1136 tons of ferrous scrap valued at 12.6 million rubles to Nadezhdinsky Iron and Steel Works and Electrostal Tyumeni. The main source of scrap is disassembly of old machinery and metal structures. One of the latest objects to be disassembled and turned…Details