Ukrmetallurgprom forecasts that in January 2018 Ukraine will produce 2 million tons of steel, 1.9 million tons of pig iron and 1.8 million tons of rolled metal. According to updated data, in November Ukraine produced 1.87 million tons of steel, 1.83 million tons of pig iron and 1.6 million tons of rolled metal. A slight…Details
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In 2018 Metinvest SMC will start constructing a large distribution center in Dnepr with the capacity of 40 thousand tons of metal. “This will allow us to concentrate on that site a number of items, which are periodically in demand”, the company CEO Dmitry Lippa noted. According to him, thus Metinvest will be able to…Details
Metinvest will develop coated rolled metal manufacture together with Unisteel Ukraine LLC in the city of Kriviy Rih. According to Metinvest-SMC marketing director Roman Kurashev, the plant’s capacities are around 100 thousand tons of galvanized sheets per year. “Unisteel will be commissioned this year. In a couple of days it will start operating. The company…Details
In November Ukrainian metal companies received 2.5 million tons of iron ore raw materials, on the October level. At the same time coal supplies dropped by 14% MoM, to 1.12 million tons. Coke deliveries were on October level at 965 thousand tons. Imported coal share was 78%, and coke – 13.8%. In January-November metal and…Details
In November Ukrainian metal companies consumed 165 million cubic meters of gas, up by 10% MoM. According to Ukrmetallurgpromgas, in 11 months gas consumption grew by 3% YoY, to 1.6 billion cubic meters. Metal companies also consumed 10.5 billion kW-h of electricity, down by 11%. (Ukrainian metal)Details
In November Ukrainian metal companies were supplied with scrap at 96%. According to Ukrmetallurgprom, last month scrap-procuring companies prepared 318 thousand tons, up by 2% MoM. Of this volume local metal companies received 270 thousand tons, while 48 thousand tons were exported, up by 20% MoM. In January-November out of 3.4 million tons of scrap…Details
Metinvest analysts believe that in 2018 the average price of hot-rolled coils will be $517 per ton as opposed to $503 in 2017. According to Metinvest-SMC CEO Dmitry Lippa, steel billets prices will increase to $459 per ton from $431. Iron ore raw materials will cost $71 per ton (in 2017 – $65). At the…Details
In January-October Russia imported 5.555 million tons of ferrous metals, up by 1.49-fold YoY. Far foreign countries supplied 1.967 million tons, while CIS countries – 3.588 million tons, up from 1.296 and 2.438 million tons in 10 months of 2016 respectively. Imports of ferrous metals not counting pig iron, ferroalloys, waste and scrap also grew…Details
ArcelorMittal Kriviy Rih has purchased 4 large BelAZ dump trucks valued at $24 million. According to the company statement, the lifting capacity of each machine is 136 tons. Having made the purchase the company has renewed its large machinery fleet by half. “Regular arrivals of new trucks allow us to considerably increase output”, the company…Details
In January-November Interpipe Steel produced 779 thousand tons of steel, up by 36.2% YoY. In November steel output totaled 78 thousand tons as opposed to 52 thousand tons in October. In 2016 the company produced 614 thousand tons of steel, up by 2% YoY. (Ukrainian metal)Details
In January-November Amur region obtained 24395 kg of gold, up by 18% YoY, or by 3682 kg. Ore gold accounts for 16215 kg, and alluvial gold – 8180 kg. Some 50 companies extract gold in the region, with the main contributors being Petropavlovsk, Priamurye Group of Companies and Priisk Solovievsky. This year Petropavlovsk intends to…Details
In January-October Kirov Non-Ferrous Metals Processing Works increased rolled metal output by 5% YoY. In particular, rolled copper manufacture went up by 13.5%, and copper-nickel rolled metal – by 45%. Sheet manufacture demonstrated the largest growth among product types: 14.4% YoY, with copper sheet up by 24.4%. Belt output increased by 5%. (Ukrainian metal)Details
This year Magadan region has to obtain 30.9 tons of gold. But it has already exceeded this target, having yielded 31.2 tons, up by 4.6 tons YoY. “With the annual target of 30.9 tons of gold, the region has already obtained 31.2 tons. By the end of the year the results will grow even more”,…Details