In July, according to the customs statistics, Russia exported 548 thousand tons of ferrous scrap, down by 7.7% MoM and by 3% YoY. In June scrap exports grew by 39.9% and by 6%, while in May they dropped by 13% and by 29% respectively. In January-July Russia exported 2.7 million tons of scrap, down by…Details
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In July Russia exported 308.6 thousand tons of pig iron, down by 43% MoM, but up by 35.7% YoY. In June pig iron exports increased by 38% MoM, but decreased by 14.7% YoY, while in May they were up by 183% and down by 12.1% respectively. In January-July exports totaled 2.56 million tons, down by…Details
In August Vostsibugol LLC mined 887.9 thousand tons of coal at its three pits in Irkutsk region, up by 18% YoY. In particular, the Cheremkhovsky and Golovinsky sites of the Cheremkhovugol pit yielded 283.7 thousand tons, Tulunugol pit – 543.2 thousand tons, and the youngest pit of the company – Zheronsky – 60.9 thousand tons.…Details
The authorities of Nizniy Novgorod region intend to provide Vyksa Iron and Steel Works with preferences of almost 8 billion rubles on the project to create casing, oil-and-gas and compressor pipes manufacture. VMZ could get a regional support of profit and assets tax exemption if it carries out the project. Investments total 41 billion rubles.…Details
In January-July Mechel-Service increased metal sales from warehouses by 2% YoY. “In 7 months of 2016 we shipped 852 thousand tons of products, this year – 871 thousand tons. Our sales network has expanded: we have opened a site in Biysk. Soon our subsidiaries will appear in Izhevsk and Volgograd”, the company CEO Leonid Polyansky…Details
According to the Mariupol city council member Maksim Borodin, Azovstal had another chemical attack on the city. “A strong east wind carries Azovstal pollutions to the Ilyanskaya and Slobodka (city districts). I reported to the contact-center. They promised to send a mobile lab”, he posted on his Facebook page. Local citizens in their comments to…Details
Azovstal Iron and Steel Works has started experiencing shortage of scrap. “The situation on the scrap market is worsening, we see the shortage”, the company CEO Enver Tskitishvili said. According to him, the company has been better provided with scrap in a more complex period (June-July) because of Ukrzaliznytsia selling its stocks. “As far as…Details
Avdiivka Coke and Chemical Works had to decrease output because of the untimely delivery of coking coals from seaports via railroad. “We are fighting for our competitiveness. We had sleepless nights to reach pre-war output levels last month – 270 thousand tons. But no we have to decrease output because Ukrzaliznytsia has not brought coal…Details
According to the State Statistics Committee, in January-July the country imported 162.8 thousand tons of rolled metal, up by 7.3% YoY, valued at $100.52 million. Ferrous rods imports reached 66.38 thousand tons, up by 23.8%, valued at $33.39 million, angles – 22.255 thousand tons, up by 35.6%, valued at $15.9 million. At the same time…Details
OEMK (a part of Metalloinvest) has successfully completed major repair works at DRI Plant 2. This has enabled the plant to increase production from 88 to 110 tons per hour. The increased productivity at DRI Plant 2 will enable OEMK to boost direct reduced iron (DRI) production by nearly 200,000 tons per year. OEMK operates…Details
The further fall of the world prices for iron ore threaten the operation of Ukrainian mining and processing works. According to the Federation of Ukrainian Metallurgists chairman Sergey Belenkiy, in just a week the prices have fallen by 15%, from $78 to $66 per ton. “If ore is cheaper than $60 per ton, some enterprises…Details
The state enterprise Ukrpromvneshexpertisa believes that in September delivery of ferrous scrap to metal companies will grow by 9.8-13.7% MoM, or by 25-35 thousand tons, to 280-290 thousand tons. “In August deliveries totaled 255 thousand tons. We expect that in September they will be on the level of 280-290 thousand tons”, the company deputy director…Details
On September 20 Ruspolymet put into operation a new radial forging shop. The new Austrian radial-forging mill operating together with two heating furnaces, two heat-treating furnaces, a mobile manipulator and three mills will provide for the manufacture of the high-quality rods for aviation, power, machine-building, chemical and oil-and-gas industries. The new machine will allow Ruspolymet…Details