Some 90% of scrap, supplied to TMK companies, is provided by TMK Chermet. Daily over 3 thousand tons of scrap are delivered to Seversk, Volzhsk and Taganrog works. Since the start of the year TMK Chermet has been exceeding the delivery plans by 14% on average. (Ukrainian metal)Details
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In January-June Severstal supplied over 315 thousand tons of rolled metal to Russian machine-building companies, up by 27% YoY. “The growth of the deliveries was the result of the metal consumption increase in some industry sectors, as well as the unique offer of Severstal to Russian machine-builders,” Severstal Russian steel sales director Yevgeniy Chernyakov said.…Details
The prolongation of the 30 euro per ton export duty on scrap for 1 year is good for economy. According to the president of Ukrmetallurgprom Alexander Kalenkov, 1 ton of scrap processed into metal yields 5-6 times more to the budget than that ton exported. “Each ton of scrap not exported but turned into metal…Details
NLMK Group is embarking on the second stage of its project to implement High Pressure Grinding Rolls (HPGR) technology at the Stoilensky beneficiation plant, NLMK Mining Division core asset. Four HPGRs were installed in 2016 at two of the four sections of the beneficiation plant. The HPGR technology, unparalleled in Russia, has delivered a 12.5%…Details
UC RUSAL has commissioned a $1.14 million two-stage gas purification unit at Krasnoyarsk Aluminum Smelter to make sodium sulfate used for production of pulp, glass and construction materials, the company said in a statement on August 3. The unit has been tested and made over 50 tons of the product. According to preliminary assessment, RUSAL…Details
Dneprovsky Iron and Steel Combine has resumed manufacture of rolled metal – 50×50 angles and wire rod. The company has also resumed manufacture of billets for milling balls with the diameter of 40 mm. One ball mill has been put into operation. The rolling shop has enough scrap to operate. The sinter shop operates 4…Details
ArcelorMittal Kriviy Rih received the most VAT returns in July among mining and metal companies. According to the State Treasury Service, AMKR was reimbursed 1.075 billion UAH, followed by Azovstal (707.7 million UAH) and Mariupol Ilyich Iron and Steel Works (493.6 million UAH). Most of VAT was reimbursed to the taxpayers of Kiev (4.9 billion…Details
In January-July Irkutsk region yielded 11395 kg of gold, including 6543 kg of ore gold and 4852 kg of alluvial gold. Ore gold output decreased by 3% YoY, while that of alluvial rose by 2%. At present 3 companies mine for ore gold in the region. Pervenets, a part of Polyus, mined 3652 kg of…Details
In January-June Severstal increased purchases of goods and services from small and medium enterprises of Vologda region by 1.7 billion rubles YoY. According to the company statement, total cost of products and services purchased in Vologda region constituted 10.6 billion rubles, up by 19% YoY. At present Severstal cooperates with almost 300 Vologda region companies.…Details
In January-June Izhstal increased output and sales by 31% YoY. Metal sales reached 204 thousand tons. In particular the company produced 152 thousand tons of steel, up by 34% YoY, and 173 thousand tons of rolled metal, up by 13% YoY. High margin sales showed the most growth: alloyed products sales increased 1.6-fold, while speed…Details
Ukraine should try not to take measures, which contradict the World Trade Organization principles and the DCFTA, for example, the imposing of export duties on metal scrap. “The EU doesn’t see the prolongation of the additional export duty on scrap as positive. This is a fundamental issue”, the chairman of Ukraine support group in the…Details
In June world pig iron manufacture increased by 2.1% YoY, to 99.603 million tons, according to the World Steel Association. China remains the world leader with 61.678 million tons of pig iron produced in June. Ukraine is on the 9th position, having produced 1.52 million tons of pig iron. In January-June Ukraine produced 10.957 million…Details
PJSC ArcelorMittal Kriviy Rih continues the work on relocation of the citizens out of the zone of probable ground motion on Saksahanskiy district of Kriviy Rih city and the company is ready to purchase each premises located at Lavrenyova and Chystopilska streets (“Zhukovka village”), at price of UAH 425 thousand under condition of execution of…Details