In January-May the metal industry of the Volgograd region demonstrated positive dynamics. In particular, alloyed steel output increased by 1.6% YoY, pipes, sections and fittings – by 16.6%. Metal companies transferred 1.1 billion rubles of taxes to the regional budget, up by almost 20% YoY. The average salary in the industry totaled 41.2 thousand rubles,…
On July 12 the Uzbek-Swiss joint venture Metal Processing commissioned a plant in the city of Tashkent. The works will produce parts for the textile machinery, as well as spare parts used in the transportation sphere. Investments totaled $4 million. The company will be able to process 760 tons of metal per year. 60 jobs…
The trading-industrial group Bi Shi (China) intends to create the manufacture of steel plate for shipbuilding industry with the capacity of 1 million tons per year in the Primorye region. The investors also plan to construct a by-product coke plant and a power plant. Investments will total $1-1.5 billion. The construction will last for 5…
The limitation of sulfuric acid imports will affect the whole economy, as the shortage of this raw material could halt the metal industry. “If, because of the lack of sulfuric acid, by-product coke plants shut down, the whole metal industry will halt as well”, Azovstal CEO Enver Tskitishvili said. According to him VostGOK and Sumykhimprom…
In January-May the throughput of Russian sea ports grew by 2.7% YoY, to 328.4 million tons, According to the Association of the Sea Trade Ports, in particular, the throughput of coal grew by 3.6%, to 63.7 million tons, ferrous metals – by 7.7%, to 13.3 million tons and ore – by 5.9%, to 2.9 million…
Metal products for the construction of stadiums for the World Cup were supplied by Severstal, Mechel, Evraz, Metalloinvest, TMK, OMK, NLMK and MMK. According to the Russian Steel Association, the 8 major companies supplied 200 thousand tons of rolled metal. NLMK accounted for almost 25% of all the deliveries (49140 tons). The company metal was…
In January-May Ukrainian metal companies increased electricity consumption by 10% YoY, to 4.93 billion kW-h. In May natural gas consumption remained on the April level – 140 million cubic meters. In January-May 790 million cubic meters of gas were consumed. (Ukrainian metal)
The Central Scientific Institute of Ferrous Metallurgy named after Bardin has successfully carried out an import-substituting project. For the nuclear industry, machine-building, aerospace and chemical industries it has created a unique material – chromium-nickel alloy. It can be used where the improved corrosion resistance is needed. The samples were tested for over 2 thousand hours…
