In July Ukraine produced 1.81 million tons of steel, down by 12.9% YoY. Still, despite the decrease, Ukraine was able to outmaneuver Iran and Mexico and reach the 12th position in the world rating. In January-July the world produced 977.371 million tons of steel, up by 4.6% YoY. China still holds the 1st position with…Details
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In July Ukraine, not counting the temporarily occupied territories of Crimea, Sevastopol and the ATO zone, produced 975 thousand tons of steel (without continuous cast semi-finished products), up by 7.8% YoY and by 16.5% MoM. According to the State Statistics Service, steel output in January-July decreased by 7.3% YoY, to 6175 thousand tons. Pig iron…Details
The decision to build a rotary-kiln complex at Chelyabinsk Zinc Works was taken in 2012 under the program to increase capacity. In January 2017 the complex was put into operation. The project capacity of the complex is 296 tons of zinc-containing charge per day. The sixth rotary-kiln in addition to increasing zinc output allowed increasing…Details
In H1 Kamensk-Uralsky Foundry Works received 74 million rubles of net profits, up by 20 million rubles YoY. The funds earned will be invested in the reconstruction of the friction plates manufacture under the Federal target program. “The Federal target program is a very serious part of our manufacturing process. It will allow Russian special…Details
In January-May Russia increased gold output by 2.5% YoY, to 88.92 tons, including 68.96 tons of extracted gold, 7.29 tons of by-product gold and 12.66 tons of secondary gold. Silver output in 5 months decreased by 4.7% YoY, to 380.59 tons, including 170.36 tons of extracted silver, 134.83 tons of by-product silver and 75.4 tons…Details
In January-June Magnitogorsk Iron and Steel Works invested 1.64 billion rubles into reconstruction and construction of environment protection facilities. In particular in the sinter shop MMK has reconstructed a sulfur recovery unit No. 2. An extraction system for foundries of blast furnace No. 10 with the capacity of 800 thousand cubic meters per hour has…Details
Beloretsk Iron and Steel Works has modernized the roller furnace in the rolling shop. This will improve the rolled metal quality and decrease expenses. The furnace is used to heat the billets to 1050 degrees C before rolling. Investments in the project totaled 15 million rubles. (Ukrainian metal)Details
The Russian Ministry of energy has acknowledged that most of the coal, supplied from pro-Russia terrorist-occupied territories of Ukraine, is re-exported. The deputy energy minister Anatoly Yanovsky said that a small portion of Donbass coal was consumed by Gazprom’s electric power plant in Rostov region. “Coal from Donbass is supplied to Russia. It is consumed…Details
On August 1, the Kharkiv Machine-Building Works “Corum Svet shakhtera”, a part of Corum Group, started increasing salary of its employees on the background of the 120% loading of its capacities. The maximum increase will total 40%. Previously the wages ranged between 8 and 15 thousand UAH depending on the output and quality of products.…Details
The Russian group of companies MetProm will design the modernization project for Uzbekistan Iron and Steel Works. The Uzbek party will have received the project documentation by October. The project presupposes the construction of two steelsmelting furnaces, two steel-treating furnaces and a casting-rolling complex. The modernization cost is estimated at $550 million. After the modernization…Details
In January-June, according to customs statistics, Russia imported 135.4 thousand tons of corrosion-resistant flat rolled steel valued at $291 million, up by 35% and by 50% YoY respectively. China supplied 26.4% of metal, up by 56.5% YoY, with the average price on the border of Russia in June at $2047 per ton, up by 36.4%.…Details
In June, according to the customs statistics, Russia exported 3.9 thousand tons of corrosion-resistant steel scrap and waste valued at $3.2 million, down by 22.8% MoM and by 44.5% YoY. Earnings decreased by 31.4% MoM and by 54.7% YoY. In January-June Russia exported 38.5 thousand tons of scrap valued at $37 million, up by 5.6%…Details
ArcelorMittal Temirtau is starting the implementation of the project on the reconstruction of the dust extraction units No. 5 and 6 at the sinter shop. The company plans to invest some 330 million tenge in the project. Under the reconstruction it is envisioned to assemble highly efficient bag hoses with the air purification rate of…Details