In January-June Ceramet invested over 10 million UAH into its development. 85% of the investments fell to the Keramet Hungary Kft. In its Ukrainian assets Ceramet invested around 1.5 million UAH The company plans to invest 750 thousand UAH more into its Hungarian branch by the end of the year, and some 25 million UAH…Details
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Energomashspetstal has received an order from the Starokramatorsk Machine-Building Works for the supply of mining and metallurgical equipment. According to the company statement, it will produce gear-shafts, axles, rolls etc. “As per the contract, the equipment is to be shipped in October. The total weight of the products will be 78 tons”, said the statement.…Details
Artemovsk Non-Ferrous Metals Processing Works has decided to close down its subsidiary Vtortsvetmet in Donetsk, as it simply can’t operate. The subsidiary was responsible for leasing and exploitation of its own or leased real estate; fuel, ore, metal and industrial chemicals trade, as well as warehousing. (Ukrainian metal)Details
ArcelorMittal Kriviy Rih plans to put its coking battery No. 6 into operation in Q4. According to the company statement, the battery has already been put for drying and warming-up. The coking battery No. 5 is scheduled to be put into operation in 2018. The project capacity of batteries No5 and 6 is 530 thousand…Details
The state-extracting company Ukrgazdobycha has accepted the offer of Interpipe for the delivery of casing pipes with the total weight of 11.35 thousand tons valued at 565.18 million UAH. The pipes will be supplied by 2017. Metall-Impex, Dniepropetrovsk Works of Drilling Equipment, Dniepropetrovsk Tube Works, Nefteservis, Energo-Invest and Business Global also participated in the trade.…Details
In January-July Zaporizhstal produced 2272.3 thousand tons of steel, down by 0.1% YoY, or by 1.5 thousand tons. According to the company statement, pig iron output increased by 0.05% YoY, or by 1 thousand tons, to 2108.9 thousand tons, while that of rolled metal went up by 1.2% YoY, or by 22.7 thousand tons, to…Details
In July Ukraine produced 139.5 thousand tons of manganese concentrate and sinter, down by 3.3% MoM, or by 4.7 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in January-July manganese output dropped by 31.8% YoY, or by 253.4 thousand tons, to 543.3 thousand tons. In June Ukraine produced 144.2 thousand tons of manganese…Details
Dniepropetrovsk Metal Structures Works named after Babushkin has dismissed Rustem Asilgareev from the office of the general manager and appointed Helen Tarasenko acting CEO instead. Asilgareev has been in the office for 15 months. Tarasenko has been appointed for an indefinite term. Previously she worked as the financial director of the company. Neither owns company…Details
The state enterprise Ukrpromvneshexpertisa (UPE) believes square billet prices (FOB Black Sea) in September will increase by $15-20 per ton MoM, to $335-340 per ton. The company analysts expect the increase in demand on European markets in September, as well as in Turkey and Near East due to the start of the autumn construction period.…Details
The state enterprise Ukrpromvneshexpertisa (UPE) believes iron ore raw materials prices in October (Australian Fe 62% ore CFR China) will drop below $50 per ton on the world market. “We’re not yet sure how long it will last – a week, 2 or 3, but the prices will be below $50”, said the company analyst…Details
Mariupol Ilyich Iron and Steel Works has finished repairing its sintering machine No. 4. The overhaul started on July 15. In addition to the repairs the sintering machine also received the new gas-purifying system. At present the sintering machine undergoes the commissioning work. Mariupol Ilyich is one of Ukraine’s largest metal companies. It produces pipes…Details
Rusal started the producing 99% scandium oxide. The market price of the new product is up to $2,000 per kg. The new product output started at the Urals Aluminum Smelter (UAZ) after the installation and launch of the pilot unit for the processing of scandium concentrate into scandium oxide. Experts at Rusal Engineering and Technology…Details
The Indian Ministry of Finances has imposed the preliminary antidumping duties on flat cold-rolled metal from China, South Korea, Japan and Ukraine. The duty is the difference between $594 and the customs cost of the cold-rolled steel per ton. If the steel is sold at this price or higher, the duty is zero. Complaints to…Details
Karelsky Okatysh has assembled new equipment at its fine crushing site – the second advanced crusher. The replacement of the first two crushers is the beginning of the large project of the whole ore crushing network modernization. The goal of the project is to improve the quality of pellets and increase the output volumes. One…Details
Volzhsky Pipe Works has confirmed the correspondence of its seamless and welded pipes manufacture to DIN EN 10216-1, DIN EN 10216-2, DIN EN 10216-5, DIN EN 10210-1 and DIN EN 10219-1, as well as the 2014/68/EU PED and EU CPR 305/2011. All the pipe samples and technological processes have passed the audit. Thus VTZ was…Details
In July Russia’s gold bar production decreased by 15.5% YoY but rose by 3.4% MoM, the Federal State Statistics Service said in a statement on Wednesday. Platinum production decreased by 13.2% YoY and rose by 2.4% MoM. Palladium output fell by 5.8% YoY and increased by 1.1% MoM. Gold-bearing ore and concentrate production went down…Details
On August 16, the Customs Service of Taiwan imposed the preliminary antidumping duties on the imports of hot-rolled sheet originating from Ukraine, Brazil, China, India, Indonesia and South Korea. The 8.66-80.5% duty will come into effect on August 22, for 4 months. For Mariupol Ilyich Iron and Steel Works, Metinvest and other Ukrainian manufacturers the…Details