Russia: metal prices down on November 16-22, 2018

On November 16-22 metal prices index in Central region dropped by 0.13% WoW.

Only rounds saw an increase of 0.18%.

Channel prices fell by 0.43%, cold-rolled metal – by 0.27%.

Hot-rolled sheet decreased in price by 0.24%, and pipes – by 0.22%. (Ukrainian metal)

Ukraine: AMKR opens museum of mining equipment

The open-air museum of mining equipment has been opened in Kriviy Rih for all citizens and visitors of the city. Igor Sokol, the Ambassador of Republic of Belarus in Ukraine, and Piotr Parkhomchik, Chief Executive Officer of BelAZ company, came to visit its opening. Paramjit Kahlon, Chief Executive Officer, PJSC ArcelorMittal Kriviy Rih opened the…

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Ukraine: InGOK iron ore concentrate output up in January-October 2018

In January-October Ingulets Mining and Processing Works produced 9.104 million tons of iron ore concentrate, up by 7.2% YoY.

In particular, in October the company produced 825.3 thousand tons of iron ore concentrate, up by 0.16% from the target.

The iron content was 66.02% with the plan of 65.92%. (Ukrainian metal)

Ukraine: vessel transporting AMK metal released

The Comet ship with 3 thousand tons of Alchevsk Iron and Steel Works metal, arrested in early November, left the Mariupol port without cargo.

All the metal is kept at the port.

The ship is in the Sea of Marmara already. (Ukrainian metal)

Russia: OMZ-Spetsstal gets new CEO

The director of Izhorskiye Zavody Yuri Gordienkov has been appointed CEO of OMZ-Spetsstal LLC.

The decision was taken in order to consolidate the operation of both enterprises to fulfill the contract with Rosatom.

Gordienkov has been working at Izhorskiye Zavody for 30 years. (Ukrainian metal)

Russia: TMK Chermet sells 500 tons of Rusal scrap

In October TMK Chermet won a tender to sell scrap of Rusal Ural.

The scrap and used metal structures were taken from the territory of Rusal Kamensk-Uralsky.

The total weight of scrap was 507 tons. (Ukrainian metal)