Ukraine: Interpipe Steel output down in January 2019

In January Interpipe Steel manufactured 71 thousand tons of steel, down by 5.3% YoY.

In December 2018 the output was 82 thousand tons.

In 2018 Interpipe Steel produced 973.8 thousand tons of round billets, up by 15% YoY. (Ukrainian metal)

Russia: Rusal replaces board of directors

Rusal has replaced the members of its board of directors, On February 14, the executive director Sergey Popov resigned, having been elected to a governmental office. Yevgeniy Kuryanov has been appointed in his stead. From February 14, Maxim Poletayev, Randolf Reinolds, Kevin Parker, Nicolas Jordan and Christopher Burnam were appointed to the board of directors…

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Russia: Nornickel buying machinery for Kola

In 2019 Norilsk Nickel will invest around 2.8 billion rubles in buying new machinery and equipment for Kola Iron and Steel Company.

Nornickel intends to buy 1467 pieces of various machines.

Severniy Mine will see a lot of its outdated machinery replaced, including underground dump trucks, loading machines, self-propelled drilling machines, etc. (Ukrainian metal)

Russia: Severstal-Balakovo to produce briquettes

Severstal – Bar Works Balakovo is constructing a line to produce briquettes of steel and pig iron swarf.

Investments in the construction total some 145 million rubles.

The manufacture of the first briquettes is scheduled for late March.

Machinery was delivered by ATM, Austria. (Ukrainian metal)

Ukraine: DSS output down in January 2019

In January Dneprospetsstal produced 14.548 thousand tons of steel, down by 19.9% MoM.

Rolled metal output dropped by 3.8%, to 11.441 thousand tons.

The total cost of products manufactured in January was 759.915 million UAH, down by 1.1%. (Ukrainian metal)

Russia: KGOK modernizes quarry machine monitoring system

Korshunovsky Mining and Processing Works has put into operation a renewed system of monitoring the quarry transport named Karier (Quarry). The system allows for more efficient control of the main indexes of the quarry machine fleet operation: lifting capacity, delay time, fuel consumption, etc. The system has been operating since 2007. The modernization of the…

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Ukraine: Ukrzaliznytsia repeatedly auctioning scrap

Ukrzaliznytsia (Ukrainian Railways) has once again announced a tender to sell scrap.

This is 16.059 thousand tons of bulk scrap No. 510 (rail scrap) with the starting price of 181.196 million UAH.

The auction will take place on March 4. (Ukrainian metal)

Ukraine: 2 miners perish at Sukhaya Balka mine

2 miners have perished at the Yubileynya mine of Sukhaya Balka.

The accident happened at 7 a.m. after a night shift at the depth of 1340 meters. The miners died of gas.

The bodies are still in the mine. The conditions of the accident are being determined. (Ukrainian metal)

Kazakhstan: metal output down in January 2019

According to the Statistics Committee of the Ministry of the National Economy, in January Kazakhstan produced 223.8 thousand tons of steel, down by 41.3% YoY.

Flat rolled metal manufacture dropped by 72.3%, to 69.932 thousand tons.

Ferroalloys output grew by 5.4%, to 180.573 thousand tons. (Ukrainian metal)

Russia: Moody’s upgrades Severstal to Baa2 with stable outlook

Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announces that Moody’s has upgraded its rating on Severstal to Baa2 from Baa3 and changed its outlook from positive to stable. Moody’s also raised Russia’s country ceilings for foreign currency debt to Baa2/P-2 from Baa3/P-3 and the ceilings for local currency-denominated debt…

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