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According to the market sources, manufactures of metal wares intend to increase prices in April. One of the major suppliers in addition to a 5% price increase in March has already announced the further growth: in April fasteners will become 10% more expensive, resulting in the price increase for bolts by 5-7%. Experts believe that…
DetailsThe coal mined at the Ukraine-uncontrolled territories of Donetsk region is supplied to Russia, as well as to some enterprises, still operating in the region, “Yenakievo Iron and Steel Works is slightly operating, as well as Makeevka Works, and some mines, for example Komsomolets Donbassa, and mines named after Skochinsky and Zasyadko. Some by-product coke…
DetailsMariupol Ilyich Iron and Steel Works has received new machinery for the construction of the continuous casting machine. According to the company statement, the new machine will produce premium slabs. The cost of the equipment is $150 million. The Primetals Technologies machine will ensure the environmental safety of the operation. The project to reconstruct the…
DetailsIn 2017 Zaporozhogneupor, the largest manufacturer of refractories in Ukraine, increased profits by 71% YoY, to 63.9 million UAH. The company assets cost as of late 2017 totaled 99.484 million UAH. Its current liabilities stood at 681.076 million UAH, while consolidated accounts receivable at 355.777 million UAH. In 2016 the company net profit was 37.348…
DetailsIn February steel output in CIS dropped by 0.5 YoY, to 7.675 million tons. According to World Steel Association, in January-February output decreased by 1%, to 16.165 million tons. In February Russia produced 5.15 million tons of steel, down by 5.7% YoY, and 10.85 million tons in 2 months, down by 4.8%. Ukraine in February…
DetailsPJSC ArcelorMittal Kriviy Rih will allocate 8 million UAH for environmental projects implementation in Kriviy Rih and Dnipropetrovsk region. These projects are included into city and regional programs aimed at environmental issues elimination and environment conditions improvement. PJSC ArcelorMittal Kriviy Rih will finance implementation of new dust suppression technologies on dumps and industrial sites, purchase…
DetailsGold production is set to commence in the third quarter of 2018 at the Amulsar gold mine in south-central Armenia, said Lydian International Ltd, the Canadian mining group. Lydian’s management expects mining within the Amulsar project to produce 225,000 gold ounces annually over ten years and reports that it is currently completing construction of the…
DetailsThe state enterprise Vostochniy Mining and Processing Works has ordered Svit Stali LLC the delivery of pig iron and steel valued at 20.97 million UAH. This year the company will supply iron shots at 223450 UAH per ton from Netrika LLC and steel milling balls with the diameter of 60, 80 and 120 mm according…
DetailsAt the meeting on March 29 shareholders of Donetskkoks decided to liquidate the company. In 2017 Donetskkoks decreased losses 11-fold YoY, to 2.5 million UAH. Metinvest reported on the threat of losing control over operation of its enterprises in the Russia-seized lands of Donbass, including over Donetskkoks, on March 15, 2017. (Ukrainian metal)
DetailsKosaya Gora Iron and Steel Works has concluded a 3-year contract for the delivery of high-carbon ferromanganese to NLMK. The companies have been cooperating for a long while. Being the strategic supplier, KMZ provides NLMK with 80-90% of its ferromanganese needs. The volume of delivery, stipulated by the contract, exceeds 50% of the company output.…
DetailsMine constructors of Gaysky GOK have started another stage of the shaft reconstruction at the Ekspluatatsionnaya mine – reinforcing. In a way, this is a construction of a vertical railroad for the skips and cages. The reinforcing is carried out at the depth of 910-1420 meters. At present the mining is carried out at the…
DetailsSeverstal – Bar Works Balakovo has successfully certified the A500SN rebar sections with the diameter of 8-40 mm. The need to obtain the new certificate has to do with the coming into effect of the new GOST 34028-2016 “Rebars for ferroconcrete structures” on January 1, 2019. At present the works supplies its products mostly to…
DetailsSeverstal has carried out the scheduled capital repairs of the mill-5000 in Kolpino. It took some 140 specialists just 7 days to complete the overhaul. “We carry out capital repairs of machinery every year. They are an integral part of the efficient operation. The spring repair of the mill-5000 was the first in the series…
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