CIS Steel Industry News

Rusal increased revenue despite U.S. sanctions
Fri, 18 May 2018 00:00:00 GMT
Russian aluminum giant Rusal on April 11 warned of expected harm to its business from U.S. sanctions, sending its shares down more than 7% despite the company reporting a 20% jump in first-quarter core profit. Washington last month announced sanctions on Russian billionaire Oleg Deripaska and several companies in which he is a large shareholder, including Rusal, En+ Group and GAZ Group, in response to what the United States said were Russias malign activities. Though Rusal said longer-term...


Steel Ingot Market Growth 2018 Outlook, Trends, Forecast and ...
Wed, 16 May 2018 17:30:00 GMT
U.S. Steel Corporation, IMIDRO, Rizhao Steel, Fangda Steel, EVRAZ, MMK, Baotou Steel. Download Sample Brochure of Steel Ingot Market spread across 122 pages, profiling 30 companies and supported with Tables & Figures is now available at https ...


Vedanta's bid for Essar Steel should be considered: Anil Agarwal
Mon, 14 May 2018 00:00:00 GMT
Vedanta was called to bid for the debt-laden steel asset when questions arose over the eligibility of firstround bidders, Russian investment bank VTB-backed Numetal, and Lakshmi Mittals ArcelorMittal.


Ukraine: AMKR to get Sumy pumps
Fri, 11 May 2018 10:00:21 GMT
Sumy Machine-Building Scientific Enterprise has produced liquid-packet ring pumps for ArcelorMittal Kriviy Rih. The capacity of the pumps is 300 cubic meters per second. AMKR will receive 3 pumps. The weight of each machine is 13 tons. (Ukrainian metal)


NLMK Board of Directors approves new composition of Management ...
Fri, 27 Apr 2018 00:00:00 GMT
At a meeting held on 27 April 2018, the Board of Directors of NLMK Group, an international steel company with operations in Russia, the US and the EU, approved the new composition of the Groups Management Board


EVRAZ crude steel sales fall as output drops 5.5% in Q1
Thu, 26 Apr 2018 00:00:00 GMT
EVRAZ crude steel output slumped in the first quarter of the year as pig iron production fell weighed by iron ore supply ...


First-phase facility of new sinter plant gas cleaning put into ...
Tue, 24 Apr 2018 08:08:54 GMT
The first-phase state-of-the-art facility of the sinter plant gas cleaning system is launched at Ilyich Iron and Steel Works of Mariupol. The new sinter plant gas cleaning system will allow to reduce dust emissions by 90% and sulphur oxides by 43%. The equipment and technology vendor for the project was Termokimik Corporation (Italy). Investments made by Metinvest Group into the sinter plant revamp totalled USD 20 million.


Metinvest successfully completes largest ever refinancing by ...
Tue, 24 Apr 2018 07:06:51 GMT
Metinvest, the vertically integrated steel and mining group of companies, today announced the completion of the refinancing of its US$2,271 million of debt, consisting of the issuance of two tranches of bonds and the amendment and restatement of its pre-export finance (PXF) facility.


Global Electrical Steels Market Trend Analysis by 2023: Baowu ...
Mon, 23 Apr 2018 17:50:00 GMT
The top Manufacturers/Prime Players covering Global Electrical Steels Market (2018-2022) are; Baowu, ArcelorMittal, JFE Steel, Shougang, TISCO, NSSMC, NLMK Group, AK Steel, ThyssenKrupp, Ansteel, Masteel, Posco, Cogent , Voestalpine, Benxi Steel ...


Report explores the global crude steel sales market
Wed, 18 Apr 2018 22:18:00 GMT
Magnitogorsk Iron And Steel Works (Mmk), Iranian Mines & Mining Industries (Imidro), Techint (Tenaris), Maanshan Steel and others. Access complete report at: xxx When taking a good look at this report, based on the ...


Global steel demand expected to increase 1.8% in 2018, says worldsteel
Wed, 18 Apr 2018 02:17:00 GMT
Provided geopolitical stability can be achieved, steel demand outlook for the region could further improve as a result of reconstruction activities. In Russia and Brazil a mild recovery is expected to continue. In Russia, credit expansion, easing monetary ...


Trade war backfire: Steel tariff shrapnel hits U.S. farmers
Fri, 13 Apr 2018 15:12:00 GMT
The reason: steel prices jumped right after U.S. President Donald Trump ... that have depressed prices for staples such as corn and soybeans. U.S. competitors Brazil, Argentina and Russia have all raised grain output in recent years, eating into the ...


CHINA COKE WRAP: Prices fall further on soft steel, coking coal ...
Fri, 13 Apr 2018 02:47:00 GMT
The countrys steel market performance has also been lackluster recently ... Aluminium leads gains on LME; Brazils aluminium industry to request increase on ingot import tax-free quota; Glencore force majeure said declared on Russia-origin metal ...


Falling miners push FTSE lower
Mon, 09 Apr 2018 00:00:00 GMT
Mounting weakness in the mining sector dragged the FTSE 100 into negative territory. Steel giant Evraz (EVR) weakened 1...


Stoilensky to boost iron ore production by 10%
Mon, 09 Apr 2018 00:00:00 GMT
Stoilensky has begun the mining of quartzites on the southern bank of the Stoilensky deposit. The development of this site and the overall expansion of mining operations will enable a 10% increase in production output year-on-year to 38 million tonnes in 2018 and will cover NLMK Groups growing needs in iron ore.


Aluminium market under short covering; Support seen at130.1
Sun, 08 Apr 2018 22:23:00 GMT
The last time aluminium inventories in ShFE warehouses in Shanghai, Guangdong, Jiangsu, Zhejiang, Shandong, Tianjin, Henan and Chongqing fell ... Russian companies from U.S. trade tariffs on steel and aluminium in the coming days.


India to flag steel duty hike issue at Trade Policy Forum meet ...
Sat, 07 Apr 2018 23:34:00 GMT
Major steel exporters to the US comprise Canada, Brazil, South Korea, Mexico and Russia which together account for close to 60 per cent of the shipments. NEW DELHI: India will take up the issue of duty hike on certain steel and aluminium products by the US ...


Metalloinvest announces operational results for Q1 2018
Thu, 05 Apr 2018 00:00:00 GMT
Metalloinvest, a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel, today announces its operational results for the first quarter of 2018. Management comments Andrey Varichev, CEO of Management Company Metalloinvest, commented: In the first quarter of 2018, Metalloinvest continued the successful implementation of its strategy to increase volumes of value-added products, raising production of pellets, HBI, hot metal and ste...


MMK invests over RUB 4 bln in environmental programmes in 2017
Thu, 05 Apr 2018 00:00:00 GMT
In 2017, Magnitogorsk Iron and Steel Works invested 4,157.8 million rubles in environmental initiatives. From 2018 to 2025, the Company plans to spend more than 38 billion rubles on environmental protection. In 2017, 2,578 million rubles were invested in the construction and reconstruction of facilities aimed at improving air quality. As a result of the implementation of 31 environmental initiatives, air pollutant emissions were cut by 2,536 tonnes per year. The key projects of the past year ...


New report: Steel rebars market analysis to 2022
Wed, 04 Apr 2018 15:13:00 GMT
This Report Covers Market Segment by Manufacturers: ArcelorMittal,Hebei Iron and Steel,Baowu Group,Jiangsu Shagang,Sabic Hadeed,EVRAZ,Nucor,Riva Group,Emirates Steel,SteelAsia,Qatar Steel,Mechel,Jianlong Iron and Steel,Tata Steel,NLMK Group,Celsa Steel ...


Number of news reports: 20