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In May, Zaporizhstal increased steel output by 6.8%, to 342 thousand tons. Pig iron manufacture grew by 7.7%, to 335.1 thousand tons, while that of rolled metal dropped by 5.1%, to 292 thousand tons. In 5 months Zaporizhstal produced 1.711 million tons of steel, 1.832 million tons of pig iron and 1.46 million tons of…
DetailsPrices of gold, silver and platinum increased in Azerbaijan on June 4 compared to the prices on June 3. The price of gold grew by 17.8755 manats, to 2,249.253 manats per ounce. The price of silver went up by 0.167 manats, to 25.0631 manats per ounce. The price of platinum increased by 30.9825 manats, to…
DetailsMechel-Service has supplied the first 1.5 thousand tons of flanged beams to its new warehouse in Vidnoye, Moscow region. The warehouse will stock a wide range of flanged beams and channel produced by Chelyabinsk Iron and Steel Works. This is the second beam warehouse. It will supply beams to the customers in the Central, Northwestern…
DetailsKrasnobrodskiy Coal Pit, a subsidiary of Kuzbassrazrezugol, has received two new TEM7A locomotives. The modernization of the rolling stock is provided for by the company railroad transport development program. Investments in the program in 2018-2019 exceed 1 billion rubles. The new locomotives will replace outdated OPE-1 models. As Kuzbassrazrezugol ships over 1.5 thousand railroad cars…
DetailsYekaterinburg Non-Ferrous Metals Processing Works has received a report of the independent auditor, represented by PriceWaterhouseCoppers Audit, on the inspection of its gold refining in 2018. As a result of the inspection the company received a positive report. “The gold refining report for 2018 shows all the actions taken by the company comply with the…
DetailsZagorsky Pipe Works has shipped the first pipes for Gazprom’s Northern supplies. Gazprom will receive 87 thousand tons of large diameter pipes; in particular, ZTZ will produce 1020-1040 mm diameter pipes with the wall thickness of 15-21.6 mm in three-layer outer insulation. Pipes have to be delivered by November. Last year ZTZ supplied over 112…
DetailsVietnam government has announced the imposition of protective duties on the billets originating from Kazakhstan and Malaysia. The duty will be introduced on June 13 and will be valid until March 21, 2020. Protective duties on billets and bars were imposed in 2016. At present their size is 17.3% and 10.9% respectively. The duties were…
DetailsIn 2017-2018 Ukrainian metal and mining companies increased investments in environment protection. In particular, expenses of the iron ore processors grew by 30.3%, to 7.3 billion UAH, and metal companies – by 25.5%, to 5.9 billion UAH. The share of the industry in the overall expenses in Ukraine increased from 17.7% to 21.4% and from…
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