In April MMK supplied 858.3 thousand tons of rolled metal to its customers, down by 7% MoM and by 2.7% YoY. At the same time, in January-April sales grew by 7%, to 3.6 million tons, the highest result in the past several years. Delivery to Russian customers increased by 16.4% YoY, to 2.26 million tons,…
DetailsIf the Verkhovna Rada does not extend the scrap export duty and does not increase it to 42 euro per ton, it will have a catastrophic impact on the economy. According to the Ukrmetallurgprom chairman Alexander Kalenkov, in Q1 scrap export from Ukraine grew 3.5-fold YoY, which resulted in the shortage on the market. “And…
DetailsIrshansk Mining and Processing Works has ordered Mezhyrechensk Mining and Processing Works LLC the delivery of ilmenite valued at 174.36 million UAH. This year the company will have to supply 80 thousand tons of raw ilmenite concentrate with the ilmenite content of not less than 70%, TiO2 – 52-58% and the moisture level of not…
DetailsCorum Svet Shakhtera has produced a KA200 shearer for the Space Heroes mine (DTEK Pavlogradugol). According to the company statement, the shearer is used to mechanical remove coal from breakage faces. For the Space Heroes mine the Kharkiv machine-builders have constructed a special version of the machine. In particular it provides for the better watering…
DetailsIn January-April Chukotka Autonomous District mined 225.8 thousand tons of coal, up by 13.2% YoY. Beringpromugol and Ugolnaya Mine are the main coalmining companies in the region. In particular, this year Beringpromugol intends to mine 600 thousand tons of coal. Last year the region yielded 445.3 thousand tons of coal. (Ukrainian metal)
DetailsIn January-April Neva-Metal, a part of the Severstal transport segment, handled 1.042 million tons of metal, down by 3% YoY. According to the company statement, its container throughput totaled 22 thousand TEUs. In 2017 the company handled 3.1 million tons of metal. (Ukrainian metal)
DetailsSeverstal has chosen the supplier of the machinery for the foundry shop of the blast furnace No. 3 at the Cherepovets Iron and Steel Works. The total cost of the contract is over 28 billion rubles. Under the contract TMT GmbH (Germany) will supply all the necessary machinery. The first deliveries are expected in Q2…
DetailsTrubprom has mastered the manufacture of large diameter pipes of stainless steel. Last year the company passed a number of procedures and obtained the permission to supply its products to the Russian nuclear power plants. But this resulted in some difficulties, as the domestic flat stainless steel manufacturers could not completely cover all the company…
DetailsThe consortium consisting of British Steel, Greybull Capital and Estonian Baltic Metal Holding is interested in KVV Liepājas metalurgs’ recovery, not the purchase of its assets, says Greybull Capital partner Daniel Goldstein. He refused to go into detail as to why the consortium exited from last year’s KVV Liepājas metalurgs sale process. He did say…
DetailsThe prices of main precious metals decreased in Azerbaijan on May 16, according to the data published by the Central Bank. The cost of gold decreased by 28,594 manats, to 2200,208 manats per troy ounce compared to the price on May 15. The cost of silver decreased by 0.2945 manats, to 27.7177 manats per ounce.…
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