Russia’s output of unrefined and semi-refined or powder platinum decreased by 10% YoY and by 15.3% MoM in June, the Federal State Statistics Service said in a statement without disclosing absolute figures. Silver output fell by 17% YoY, but rose by 16.4% MoM. In January-June output of platinum grew by 1.4% YoY and of silver…Details
Russian steelmaker Novolipetsk Steel (NLMK) will continue exports of metal products to the E.U. as usual after the union’s introduction of temporary protective duties, a representative of the company reported. “We expect the tariff quotas to allow us to continue supplies as usual,” the NLMK representative said. The E.U. earlier introduced protective tariff quotas on…Details
In January-June Kazakhmys produced 123.056 thousand tons of copper cathodes, down by 2% YoY.
The copper contents in the ore dropped from 0.94% to 0.93%.
In mid-term Kazakhmys intends to increase copper output to 250 thousand tons per year. (Ukrainian metal)
In H1 Severstal e-store customers placed orders for over 1 million tons of steel products, up 2.5-fold YoY. In the whole 2017 the e-store received 1.3 million tons worth of orders. The company is developing the e-store. For example, now it is possible to order the delivery via water transport. It is planned that by…Details
According to the Association of the stele construction development (ARSS), in Q1 metal structures for construction output increased by 10% YoY. Since 2011 the growth has reached 29%. The Far Eastern Federal District demonstrated the highest growth – 2-fold. Since the beginning of the year the number of construction agreements concluded in Russia has increased…Details
In June the Volgogradsky subsidiary of Severstal Steel Ropes produced 624 tons of large diameter ropes. The ropes were produced on the new machine commissioned in 2017. The machine produces 6- and 8-strand steel ropes with the diameter of 28 to 100 mm used in mines and on excavators. “The output was 2 times as…Details
In April-June TMK sold 1.075 million tons of pipes, up by 10% QoQ. In H1 the combined pipe sales grew by 14% YoY, to 2.056 million tons, mostly because of the sales growth in America. TMK retains its forecast for this year unchanged and expects OCTG pipes demand in Russia to remain on the high…Details
In April Metinvest increased EBITDA by 2.7% MoM, or by $6 million, to $231 million, having decreased the revenue by 2.7%, or by $30 million, to $1.066 billion. According to the group statement, as of April 30 its combined debt was $3.206 billion. In April Metinvest produced 487 thousand tons of semi-finished products valued at…Details
In June Dneprospetsstal decreased steel output by 8.2% MoM, or by 1.8 thousand tons, to 20 thousand tons. According to the company statement, it also produced 13877 tons of rolled metal, down by 3.2%. The total cost of the products manufactured in June was 773.785 million UAH, down by 10.4% MoM. In H1 the company…Details
Energomashspetsstal has supplied a batch of rolls to ABB.
“In June EMSS shipped 183 tons of rolls to Finnish and Polish metal makers. The parts will be used in engine manufacture”, the company said.
The rolls were delivered by automobiles and via railroad. (Ukrainian metal)
In June direct deliveries of rolled metal and pipes to metal structure manufacturers via railroad totaled 59.5 thousand tons.
In annual comparison they dropped by 14%.
In January-June deliveries decreased by 9.8% YoY, to 329.4 thousand tons. (Ukrainian metal)
In June direct deliveries of ferrous metals to the major car manufacturers via railroad totaled 89.3 thousand tons.
In annual comparison the deliveries grew by 9.3%.
In January-June deliveries reached 533.8 thousand tons, up by 7% YoY. (Ukrainian metal)
In June direct deliveries of steel, pipes and semi-finished products to the major shipbuilding companies via railroad reached 6.1 thousand tons.
In annual comparison the deliveries decreased by 22.4%.
In January-June supplies totaled 57.5 thousand tons, down by 13.7% YoY. (Ukrainian metal)
Svyatogor, a part of UGMK, has put into operation after a major overhaul the reverberatory furnace No. 1.
The furnace was shut down in May 2017.
It took 2 months to cool down the furnace. While working its temperature reaches 1500 degrees C.
Investments in the project totaled 120 million rubles. (Ukrainian metal)
Rosgeologia has finished the planned complex of gold ore prospecting works within the Kakadurskoye ore zone. In particular, the enterprise has discovered three ore bodies of up to 11 meters with the gold contents of 3.8 g per ton, silver – 14.4 g per ton, copper – 1%, zinc – 5.27% and lead – 1.59%.…Details
Mechel-Service LLC has supplied 200 tons of rolled metal for the reconstruction of the Tolmachevo airport in the city of Novosibirsk. The beams have been produced at the Chelyabinsk Iron and Steel Works at the rail and beam mill, commissioned in 2013. Tolmachevo is the largest airport in Siberia and on the Far East. (Ukrainian…Details
Severstal has shipped hot-rolled sheet to Uralmash NGO Holding LLC. The rolled metal will be used to produce drilling rigs to be operated in the extreme conditions of the Far North. The sheets were produced at Cherepovest Iron and Steel Works. By 2020 the company will have modernized the flat rolled metal manufacture, valued at…Details
ChTPZ has supplied the first batch of 138 tons of seamless stainless pipes for Kudankulam Nuclear Power Plant construction in India. The pipes were produced at Pervouralsky Pipe Works. The pipes with the diameter of 16 mm and the wall thickness of 1.5 mm will be used in the construction of the steam generator. According…Details
Since 2012 Kumtor Gold Company (KGC) has received claims from various Kyrgyz regulatory authorities seeking compensation of $465 million, the company’s annual Environment and Sustainability Report 2017 says. Centerra and KGC believe that such claims are without merit and have vigorously defended such claims in the Kyrgyz Republic courts and in international arbitration. In September…Details
A plant for production of pipes in a protective shell with thermal insulation may soon be built in Uzbekistan. The plant’s founders will be Russia’s Ural Pipe Insulation Plant, the Ministry of Housing and Communal Services of Uzbekistan and the administration of the Tashkent region. The plant will be called Tashkent Pipe Insulation Plant and…Details
In January-June an overall production of unwrought gold and semi-processed gold or in powder form reached 44,965 kg, up by 8.4% YoY, Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period gross output of unwrought and semi-processed silver or in the powder form made 494,145 kg, down by 9.3%. (Kazinform/Ukrainian…Details
ArcelorMittal Temirtau JSC has suspended its export of hot rolled steel coils to the Islamic Republic of Iran due to sanctions the U.S. imposed on the country. “Supplies will be suspended due to the sanctions introduced. As soon as sanctions are lifted the supplies will be resumed,” official representative of the company Alexey Agureyev reported.…Details
In January-June VIZ-Stal produced 86 thousand tons of transformer steel, up by 12% YoY, with capacities fully loaded.
Sales grew by 10%, to 84 thousand tons.
Exports accounted for 78%, with 90% of them on long-term contracts. (Ukrainian metal)
In May, according to the customs statistics, Russia imported 70.3 thousand tons of galvanized flat steel, up by 5.1% YoY. In January-May imports dropped by 12.1%, to 269 thousand tons. Kazakhstan supplied 54% of the steel, down by 8% YoY. Average price was $779 per ton without VAT. South Korea supplied 15.6%, up by 22.9%,…Details
In May, according to the customs statistics, Russia imported 49.5 thousand tons of ferrous scarp from Kazakhstan, down by 24.3% YoY.
Average price was $257 per ton.
In January-May imports dropped by 25.5% YoY, to 155.6 thousand tons. (Ukrainian metal)
A number of Chinese companies plan to carry out projects to mine tungsten, molybdenum and copper on the Ingichka plateau.
According to the preliminary agreement, $50-55 million will be invested in the construction of infrastructure.
Investors also plan to construct at least two mines. (Ukrainian metal)