NLMK Group has launched NLMK.lab, a new internet platform, designed to attract partners for joint innovation projects. This platform offers a convenient channel for developers to reach out to end business customers, and hands-on peer-review of their project. The best solutions will be field-tested at NLMK Group’s production sites around the world. NLMK offers its…Details
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In 2019 Mechel-Service Kazakhstan supplied over 2.6 thousand tons of beams for the construction of a Tengiz Chevroil oil plant in Atyrau region. The project is expected to be launched in 2022. Mechel-Service Kazakhstan has supplied flanged beams manufactured by Chelyabinsk Iron and Steel Works. In the past 5 years the company has sold some…Details
Metalloinvest has signed a program of social and economic partnership with the government of Belgorod region for 2020. The volume of the program will exceed 8.55 billion rubles, and Metalloinvest will contribute 1.7 billion rubles. Metalloinvest is the city-forming company of Starooskol and Gubkinskaya agglomerations, accounting for a third of the region population. The money…Details
According to Rusal, in 2019 global demand for aluminum grew by 0.1%, to 65.3 million tons. Despite the current uncertainty, the segment of cargo transportation could provide for the growth of demand in 2020 on the background of new models launch, including electric vehicles, and the increase of aluminum usage in automobile industry. The global…Details
In January-February, Ukrainian seaports exported 6.6 million tons of iron ore, up by 41% YoY. Transportation of ferrous metals grew by 7.8%, to 30.5 million tons, rolled metal – by 10%, to 1.96 million tons, and pig iron – by 12.2%, to 436.6 thousand tons. At the same time transportation of scrap dropped by 14.2%,…Details
Metinvest has gained control over 73% of Dneprovsky By-Product Coke Plant shares. In 2014 the group applied to the Antimonopoly Committee of Ukraine to buy the controlling stake in Dneprodzerzhinsk By-Product Coke Plant, which was renamed in 2017. A year ago the Committee approved of the deal with some limitations. In particular, the group was…Details
Trubodetal has successfully passed its second annual supervisory audit by the American Petroleum Institute, API. Following the inspection the company has confirmed the correspondence of its quality management system to ISO 9001:2015 and the new edition of API Spec Q1 Edition 9, which sets additional requirements to oil and gas industry enterprises. The inspection has…Details
In January Russia exported 3.14 million tons of ferrous metals, down by 6.5% YoY. According to the Federal Customs Service, exports without pig iron, ferroalloys, wastes and scarp totaled 2.198 million tons, down by 7.3%. Sales of carbon steel semi-finished products decreased by 4.1%, to 1.252 million tons, and of flat rolled metal – by…Details
Vostsibugol Company LLC has increased the statutory capital of its daughter company Razrez Cheremkhovugol LLC (Irkutsk region) from 100 thousand rubles to 1.67 billion rubles. Moreover, in January the company increased its share in the Irbeyskiy Razrez LLC (Krasnoyarsk region) to 100%. The increase of the statutory capital is due to consolidation of coal and…Details
KVOiT, Tula region, has produced and delivered the first batch of metal structures to Trest Sevzapenergomontazh, the contractor of the Arctic LNG 2 construction. According to the contract, KVOiT has to produce 400 tons of metal structures for the project. So far, 20 tons have been shipped. The structures are used in the assembly of…Details
Severstal Distribution is supplying rebars for the construction of a new bridge over the Sheksna River in Cherepovets. Some 400 tons of rebars with the diameter of 12 to 25 mm will be delivered in February-March. The company warehouse in Cherepovets is next to the construction site. The rebars are delivered in batches, when needed.…Details
In December 2019 Russia exported 34 thousand tons of zinc ore and concentrate, down by 11% MoM and by 23% YoY. Deliveries to China remained unchanged at 23 thousand tons, but to Kazakhstan dropped 2-fold, to 6.2 thousand tons. In 2019 exports totaled 313 thousand tons, down by 14% YoY, and by 33% in monetary…Details
In December 2019 Russia exported 1.6 thousand tons of raw chrome, down by 13% MoM and by 2% YoY. Deliveries to US dropped by 6%, to 476 tons, and to the Netherlands – by 20%, to 936 tons. In 2019 exports totaled 19 thousand tons, flat YoY, but decreasing by 23% in monetary terms. Price…Details