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Energomashspetsstal has shipped a large batch of rolls to ABB. The total weight of the shipment was 177.29 tons. The rolls will be used in the manufacture of electric engines. The companies have been cooperating for 10 years. (Ukrainian metal)
DetailsSinarsky Pipe Works has produced the 35-millionth ton of pipes. The milestone has been reached in 82 years after the manufacture of the first pipe. The casing pipe with the diameter of 101.6 mm and wall thickness of 6.5 mm was produced at the pipe-rolling shop No. 2. Thanks to modernization, last year the company…
DetailsRussian gold producer Polyus has asked the government for support in construction of a bridge across the Yenisei River, Vice President Sergei Zhuravlyov said. The bulk of gold reserves of the region is located on the right bank of the river, where reserves of antimony, zinc, lead, and magnesite are also located. Their production is…
DetailsThe state enterprise Vostochniy Mining and Processing Works has applied to the Commercial Court of Kiev asking to unblock the payment of $1.98 million for the delivery of the uranium concentrate to Steuermann Investitions und Handelsgeselschaft GbmH. According to the court materials, Ukrgazbank, where VostGOK has some accounts, refuses to transfer $1.98 million to Steuermann.…
DetailsIn January-March Ukraine mined 8.359 million tons of coal, up by 19.3% YoY. According to the Ministry of energy and coal industry, coking coal output dropped by 9.9%, to 1.614 million tons, and that of power-generating coal – by 21.3%, to 6.744 million tons. In March coal mining grew by 1.3%, to 3.024 million tons.…
DetailsThe pilot project “Package Tour for Leave” was launched in the beginning of the year. At this moment, over 360 employees have applied for it and chosen trip vouchers via travel agencies. The price of such a voucher is partly compensated by the company, and the compensation depends on the fact how often does an…
DetailsIn March Ukraine increased iron ore raw materials exports by 4% MoM, to 2.8 million tons. According to Ukrmetallurgprom, in Q1 exports dropped by 13% YoY, to 8.6 million tons. Iron ore raw materials delivery to metal companies grew by 10% MoM, to 2.75 million tons in March, and in Q1 – by 23% YoY,…
DetailsIn March metal companies received 860 thousand tons of coke, up by 11% MoM. According to Ukrmetallurgprom, Ukrainian coke accounted for 785 thousand tons, up by 12% MoM, while imports – 75 thousand tons, flat MoM. In Q1 metal companies received 2.55 million tons of coke, up by 8% YoY, including 2.31 million tons of…
DetailsIn March scrap procurers obtained 284 thousand tons of scrap, up by 2% MoM. According to Ukrmetallurgprom, of this Ukrainian metal companies received 230 thousand tons, up by 2% MoM, and 54 thousand tons were exported, up by 2%. The scrap need was only 82% covered as opposed to 93% in February. In Q1 scrap…
DetailsIn May Ukraine intends to produce some 1.8 million tons of pig iron, 1.8 million tons of steel and 1.6 million tons of rolled metal. According to Ukrmetallurgprom, as of April 10, 19 out of 21 blast furnaces, 7 out of 9 open-hearth furnaces, 12 out of 16 converters, 7 out of 15 arc furnaces…
DetailsIn Q1 steel output at NLMK totaled 4.33 million tons, flat QoQ, but up by 3% YoY. Capacity utilization rate grew by 3%, to 99%. Group sales in Q1 totaled 4.15 million tons, up by 13% YoY, but down by 5% QoQ. (NLMK/Ukrainian metal)
DetailsThe prices of the main precious metals varied in Azerbaijan on April 13, according to the data published by the Central Bank. The cost of gold decreased by 15.963 manats, to 2278.3825 manats per troy ounce compared to the price on April 12. The cost of silver decreased by 0.1804 manats, to 28.0996 manats per…
DetailsThe Magnitogorsk Iron and Steel Works (MMK) took part in the XVIII Urals Industrial and Economic Week international exhibition and the X International Industrial Forum on “Reconstruction of industrial enterprises – breakthrough technologies in metallurgy and machine building”. The events took place on April 10-12 at the World Trade Center in Chelyabinsk. As the largest…
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