The state enterprise Ukrpromvneshexpertisa forecasts that in November ferrous metals scrap prices will decrease by 3.1% MoM, or by 200 UAH per ton, to 6300 UAH per ton. In October scrap price averaged 6.5 thousand UAH per ton, but because of the low stocks metal companies increased it to 6750 UAH pert tons. Until mid-November…Details
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In January-August Russia imported 107.7 thousand tons of steel pipes from Germany, up 11-fold YoY. June saw the record high results in all the history of imports from Germany – 53.7 thousand tons. In May and July imports were also rather considerable – around 25.5 thousand tons. But in August deliveries fell to 0.63 thousand…Details
In January-September Kazakhstan produced 62697 kg of raw gold, up by 16.3% YoY. According to the Statistics Committee of the Ministry of the national economy, raw silver output totaled 792535 kg, down by 12.5% YoY. (Ukrainian metal)Details
According to the American Iron and Steel Institute, in 2017 USA will import 35.9 million tons of steel, up by 20% YoY. Russian companies will contribute the most. In January-August US imported 24.09 million tons of steel, up by 20.5% YoY. In particular, Russia supplied 2.12 million tons, up by 65.6% YoY. (Ukrainian metal)Details
Scientists of the National Research Technological University MISiS together with their Canadian colleagues have created a unique titanium – niobium – zirconium alloy – its resilience is identical to that of the human bones. This innovation will allow creating more efficient and practical medical implants. Researchers believe the new alloy will replace the currently used…Details
ChTPZ has supplied a batch of compressor-pump pipes with the F-3.2 joints to Surgutneftegaz. The pipes have been manufactured at the Pervouralsky Pipe Works. The pipes with the diameter of 73 mm and the wall thickness of 5.5 mm are used in both vertical and slanting shafts. “The ChTPZ group is constantly developing new types…Details
JSC “Electrocable “Kolchuginsky Plant” a part of the “Cable Alliance Holding”, integrating UMMC cable assets) mastered the production of silicone rubber insulated control cables NIKI. Unique properties of this innovative material ensures cables’ high fire-resistance designed for broadcasting signals from sensors to control equipment and for remote control of various machinery. Under flame silicone rubber…Details
ArcelorMittal Kriviy Rih has started reconstructing the small bars and sections mill 250-4. After modernization the mill will be able to process 150×150 mm billets and will be the first mill at the works to produce rebars from such billets. One of the advantages of the reconstruction is that it will be possible to manufacture…Details
In Q3 Metalloinvest produced 10 million tons of iron ore concentrate and sinter ore, down by 0.9% QoQ, mostly because of scheduled repairs. Pellets output totaled 6.3 million tons, up by 0.9% QoQ. HBI manufacture dropped by 4.8% QoQ, to 1.7 million tons, because of the repair of HBI complexes Nos. 1 and 2 at…Details
Russian metals giant Norilsk Nickel is ready to return to the development of the Bugdainskoye deposit in the Zabaikalsky region if molybdenum prices grow significantly, Sergei Dyachenko, first vice president and chief operating officer, declared. “We have done almost everything we could on the Bugdainskoye deposit. We have a project, a positive conclusion of the…Details
Ukraine’s coal industry can cover only 71% of the country needs, thus in 2016 Ukraine had to import 17 million tons of coal. Ukraine is an energy dependent country. The coal shortage is compensated for by imports at 27%, gas – 33%, oil and condensate – 19%, oil products – 77%, and nuclear fuel –…Details
Metinvest B.V. has started reselling a part of metal manufactured by Dneprovsky Iron and Steel Combine, which it receives as payment for raw materials, supplied previously and being supplied still. According to Maxim Zavgorodniy, the executive director of ISD, the owner of DMK, the works supplies only a part of its products to clear debts.…Details
Black Iron intends to use loans, including from EBRD, to construct Shimanovskoye Mining and Processing Works. “Recently the bank has decided to invest $350 million into ArcelorMittal Kirviy Rih, which is close to our deposits”, the company said. The first stage of construction presupposes the GOK capacity of 4 million tons per year, and the…Details