Russia: Chinese to produce tin in Yakutia

The Republic Investment Company and its daughter enterprise Yanolovo have concluded an agreement with the Chinese investment fund YaZuan Investment Co. Ltd on development of tin-bearing deposits on the territory of Yakutia.

Yanolovo obtained the license to develop Tirekhtyanskoye tin deposits in 2015. Raw metal output could be 500-3.5 thousand tons per year. (Ukrainian metal)

Russia: ZEMZ starts producing slabs of new sizes

In October ZEMZ started producing slabs of 12X18H10T steel with the size of 150×680 and 150×700 mm for the Krasniy Oktyabr Iron and Steel Works.

This is the first time that ZEMZ produces slabs of such a width.

The slabs have been manufactured at the 1150-mill of the rolling shop No. 1. (Ukrainian metal)

Russia: Profil-Akras exports 3900 tons of pipes in October 2017

The Profil-Akras pipe works has presented the results of October.

In particular, pipe output totaled 12 thousand tons.

Sales reached 13.6 thousand tons, with 3.9 thousand tons exported. (Ukrainian metal)

Russia: Metalloinvest net profit up in January-September 2017

In January-September Metalloinvest received $1.089 billion of net profit, up by 53.8% YoY.

Revenue totaled $4.556 billion, up by 52.4% YoY.

EBITDA grew by 80.8%, to $1.544 billion, with metallurgical segment of the company EBITDA up by 39.8%, to $267 million. (Ukrainian metal)

Kazakhstan: local rebars to be used in construction of light rail transport

Kazakh manufacturers have great and unrealized potential of participation in major construction projects. “For example, ArcelorMittal Temirtau produces some 400 thousand tons of rebars per year that could be used in construction. At the same time we import over 340 thousand tons of rebars. Local rebars could be used in the project of the light…

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Ukraine: Lvivugol orders 25 million UAH worth of self-rescuers

The state enterprise Lvivugol has ordered Zakhidprom Trade LLC the delivery of self-rescuers valued at 25.5 million UAH.

According to the agreement the company has to supply 679 self-rescuers produced by Dezega (Turkey). The price of self-rescuers is 9449.92 UAH apiece.

Lvivugol bought 421 self-rescuers at the same price in August. (Ukrainian metal)

Ukraine: coal output down in October 2017

In October Ukraine mined 2 million tons of coal, down by 25.9% YoY. According to the State Statistics Service, this does not take into account the temporarily occupied territory of Crimea and the Antiterrorist operation zone. October output increased by 4.3% MoM. In January-October Ukraine mined 20.2 million tons of coal, down by 16.4% YoY.…

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Russia: aluminum wiring returning to the market

RUSAL announces that aluminum alloys 8030 and 8176 have been successfully approved by Russian authorities for the use in electrical wiring applications. This approval opens up new market opportunities for aluminum. The Ministry of Energy of the Russian Federation has approved the order that regulates construction of electrical installations and permits the use of aluminum…

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