Stainless steel consumption in Russia is gaining pace. For example, in H1 demand for stainless rolled metal increased by 25.7%, and had to be satisfied with imported metal. This situation will persist, as only Mechel has plans to carry our investment project in the segment of stainless and special steels. Thus the dependence of Russian…Details
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In August the Obukhovskaya Mine Group (Rostov region, Russia), a part of DTEK, supplied some 105.3 thousand tons of anthracite to Ukrainian thermal power plants, slightly more than in July (103.5 thousand tons). Of this volume 88.8 thousand tons were delivered to Lugansk TPP (89.7 thousand tons in July), and 16.5 thousand tons to Pridneprovskaya…Details
In January-August the MMK Trading House sold 840 thousand tons of metal, up by 14% YoY. In particular, in August the company hit a record of monthly sales – 145 thousand tons of rolled metal, metal wares and sections. Warehouse sales increased due to the optimization of logistics and the increase of deliveries to end…Details
Under the environment program Chelyabinsk Iron and Steel Works increases iron-containing sludge processing 2-fold. This will decrease industrial wastes. Manufacturing by-products contain up to 40% of iron and can replace iron ore concentrate that the company has to buy. Previously ChMK used only the current volumes of iron-ore wastes. They were scrupulously collected with the…Details
In January-June Ferrexpo enterprises (Poltava, Yeristovo and Bilanovsky Mining and Processing Works) paid 535.7 million UAH of various taxes to local, regional and the state budgets, up by 29.4% YoY. In particular, PGOK paid 411 million UAH of taxes, EGOK – 122.1 million UAH, and BGOK – over 2.6 million UAH. Poltava GOK paid 78…Details
Energomashspetsstal will produce a batch of rolls for Mariupol Ilyich Iron and Steel Works roller conveyers. According to the company statement, the order will be carried out under the contract concluded in January. The batch will feature 20 rolls with the total weight of 69 tons. The rolls will be delivered to the customer in…Details
Uzmetkombinat will import 157 thousand tons of metal raw materials without paying customs duties. The corresponding decree “On measures to cover additional needs of the Republic in ferrous rolled metal” has been approved by the government. The government has allowed Uzmetkombinat to import 157 thousand tons of metal raw materials till January 1, 2018 without…Details
In July Turkey imported 830.2 thousand tons of rolled sheet, up by 32.3% YoY. Hot-rolled sheet accounted for 501.9 thousand tons, up by 38.3% YoY. The largest supplier is still Russia. In July Russia supplied 262.5 thousand tons of hot-rolled metal to Turkey. Imports from Ukraine reached 30.4 thousand tons. (Ukrainian metal)Details
Taras Shevchenko who earlier headed Alchevsk Iron and Steel Works has been appointed the new General Director of Metinvest’s Mariupol Ilyich Iron and Steel Works. In his new position Shevchenko will lead continued implementation of investment projects at Mariupol Ilyich, such as the reconstruction of the sinter plant and the revamp of the 1700 Hot…Details
Energomashspetsstal has passed the audit to check the readiness to produce equipment for the Finnish Hanhikivi-1 NPP. Special attention was paid to the quality management system, as well as lab quality management system. As the result of the audit carried out by Fennovoima (Finland), EMSS has been approved as the manufacturer for the NPP. (Ukrainian…Details
“This is a great result for us. It is very important that the agreement lasts long and is carried out by both parties. We often change the government, and everything starts anew, we can’t be having that,” board member of the Kyrgyz Mining Association Valentin Bogdetsky said, commenting on new agreements between Centerra and the…Details
The Republic of Mordovia has put into operation a new metal manufacture, specializing in aluminum and copper wire rod. The complex is situated on the territory of Saranskcable and will reach the full manufacturing capacity in April 2018. Its capacity is 10 thousand tons of aluminum wire rod and 5 thousand tons of copper wire…Details
According to the Federal Customs Service, in January-July the share of metal and metal wares in the imports from far foreign countries reached 5.9% (5.6% in January-July 2016). The cost-wise volume increased by 35.3% YoY, physical volume – by 59.9%. Steel pipes imports grew by 97.4%, flat rolled metal by 47.2%. The share of metal…Details