In 2019 Kola Company, a part of Norilsk Nickel, increased nickel output by 5%, to 229 thousand tons. Nickel manufacture of own raw materials totaled 225 thousand tons. Copper production grew by 5%, to 499 thousand tons, with 455 thousand tons produced of own raw materials. Bystrinsky GOK manufactured 43 thousand tons of copper. Nornickel…
DetailsOn February 1 Magnitogorsk Iron and Steel Works turns 88. The enterprise was created at the foot of the Magnitnaya mountain. The first blast furnace produced the first pig iron on February 1, 1932. The first open-hearth furnace started operating in July 1933, and in August 1934 the company commissioned the 500-mill. In late 1980s…
DetailsKamensk-Uralsky Non-Ferrous Metals Processing Works will start manufacturing aluminum powder in the amount of 1008 tons per year to be exported to Kazakhstan. Aluminum powder is used in the manufacture of aerated concrete. The Fund of the industry development has already approved of a company loan. The total cost of the project is 200 million…
DetailsIn November 2019 Russia imported 246 tons of molybdenum ore and concentrate, up by 19% MoM and by 186% YoY. Deliveries from US grew from 100 to 141 tons, those from Chile remained unchanged at 20 tons, but from the Netherlands dropped from 85 to 83 tons. In 11 months of 2019 imports totaled 2.7…
DetailsIn November 2019 Russia exported 294 tons of long rolled copper, down by 26% MoM and by 28% YoY. Deliveries to Belarus dropped by 39%, to Germany by 60%, to Kazakhstan by 33% and to Ukraine by 20%, to 105, 23, 38 and 35 tons respectively. In 11 months of 2019 exports totaled 4.1 thousand…
DetailsThe net profit of Russian steelmaker Severstal fell by 23.7% YoY, to $374 million in October-December 2019, while revenue decreased by 12.9%, to $1.838 billion, and EBITDA went down by 23.5%, to $602 million, as sales and prices fell, the company said in a statement on January 31. Free cash flow slumped by 70.5%, to…
DetailsThe city of Taganrog has sold a land plot with the total area of 18 ha and the main assembly premises of the local car plant for 81.7 million rubles. VtorCherMet LLC was the buyer of TaGAZ. Earlier the assets were estimated at 181 million rubles. TagAZ was founded in 1997 and declared bankrupt in…
DetailsIn November 2019 Russia exported 38.2 thousand tons of zinc ore and concentrate, up by 4% MoM and by 26% YoY. Deliveries to China grew by 50%, to 23.2 thousand tons, but to Kazakhstan dropped from 21.2 thousand tons to 13.3 thousand tons. In 11 months of 2019 exports totaled 279 thousand tons, down by…
DetailsIn 2019 Ural Works of Pipes Insulation LLC increased turnover by 35% YoY, from 441 million rubles to 596 million rubles. Sales of pipefittings grew by 21%, to 22.3 thousand pieces. Overall output last year amounted to 40 million rubles. (Ukrainian metal)
DetailsIn 2019 Volgograd region increased metal output by 13.7% YoY. Cold-drawn unalloyed steel wire manufacture grew by 31%, rolled metal – by 23.8% and steel pipes – by 8.9%. Companies producing metal wares increased output by 17.1%, with ferrous metals structures manufacture growing 1.6-fold, metal doors, windows and frames – by 41.7%, and electrodes with…
DetailsCherepovets Iron and Steel Works has modernized the capacities of its converter No. 3. In particular, the company has implemented an automated system of lining thickness measurement. The converter has received a robot-manipulator with laser scanner. The equipment was supplied by Vesuvius, Process Metrix and PiroMet. Investments in the project exceeded 50 million rubles. (Ukrainian…
DetailsArcelorMittal Kriviy Rih summarized results on safety in 2019. During last year company investments into labor and industrial safety increased by a fourth compared to 2018 and amounted to 503,4 million UAH. Expenditures on each employee exceeded 25 thousand UAH. The company will continue investing into improvement of work conditions, supply of overalls and safety…
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