One more license has been given in the Republic of Khakasia to conduct activities connected with ferrous and non-ferrous scrap. The company to receive the license was Sorsk Mining and Processing Works. Now SGOK may procure, store, process and sell such a scrap. At present there are 43 licenses to conduct this activity in the…Details
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Over 800 tons of Evraz rails have been shipped to the city of Nizhniy Novgorod to construct the railroad to the new subway station of Strelka. For this order Evraz ZSMK produced R50 rails with the length of 25 meters. Evraz rails have been used in most of Russian and CIS subways. They have been…Details
Severstal positively assesses the results of its E-store operation. “An Internet store is no competitor to traditional ways of selling our products, but an additional way to cooperate with the clients. The constantly growing number of users shows that this way of communication is in demand”, Severstal Management marketing director Dmitry Gorshkov noted. According to…Details
Vyksa Iron and Steel Works has produced the first batch of high-speed wheels for Estonia. The diameter of the wheels is 870-880 mm, and they are specifically built for the speed of 200 km per hour and will be used at the Stadler FLIRT passenger trains. “Such wheels, just like any other products for high-speed…Details
The new subdivision of Metinvest – the Technical Service Department – will deal with orders and technical support of customers, the department director, ex-CEO of Mariupol Ilyich Iron and Steel Works Yuri Zinchenko said. “I’m currently chairing a new and very important division, it’s new both for the company and for the industry – the…Details
Ukrainian metal companies expect the Turkish import duties to be lifted. At present the two countries are negotiating trade. “We hope that as the result of the talks duties on our products will be cancelled altogether or step by step. Any country is interested in the exports of high value added products. The market of…Details
In August Dneprospetsstal increased steel output by 10% MoM, to 23 thousand tons. Pig iron manufacture went up by 3.7%, to 14 thousand tons. The total cost of products manufactured in August dropped by 8.4% MoM, to 611.6 million UAH. In January-August DSS produced 172 thousand tons of steel and 113 thousand tons of rolled…Details
The state enterprise South Machine-Building Works named after Makarov (Yuzhmash) has ordered 245 million rubles (111.32 million UAH) worth of aluminum from Alfa-Metal LLC (Russia). By late 2019 the company will have supplied EXW Moscow 210 tons of rolled aluminum of various sizes at the average price of 1119 rubles or 508 UAH per kg,…Details
The Zaporozhye regional department of the State Property Fund has decreased the price of the state enterprise Aluminum Foil Works 2-fold. The initial price of the works is 583.977 million UAH (with VAT), previously it was set for auctions at 1.159 billion UAH. The new auction will take place on October 13. The capacity of…Details
Korshunovsky quarry of the Korshunovsky Mining and Processing Works has mined the 500-millionth ton of ore. The anniversary ton of ore will be processed and supplied to Chelyabinsk Iron and Steel Works. The first ton of ore from Korshunovsky quarry was shipped in December 1964, 3 months before the enterprise was officially created. The first…Details
Beloretsk Iron and Steel Works has organized testing 4 new grades of wire for boiler and oil-and-gas machinery. The results allow expanding the sales market and increasing the share of the high value products. The first batches of new products (20 tons) have already been produced and shipped to the customer. The wire has been…Details
High demand for steel and low stocks of Chinese traders, US import duties and high expenses on raw materials are among the factors influencing the world steel price increase. Moreover blast furnace manufacture in Northern China is expected to be limited, which will result in the drop of output by 50 million tons. Thus prices…Details
The supervisory board of Zaporozhye Vtormet has relieved the acting chairman of the board Alexander Umrikhin of his duties, appointing the shop director Konstantin Beskorovayniy instead. The term of the office has not been stipulated, but Beskorovayniy has been hired with a 3-month trial term. Zaporozhye Vtormet procures and processes ferrous scrap. (Ukrainian metal)Details