Steel

MMK harvests competition

Magnitogorsk Iron and Steel Works (MMK) intends to invest about $ 2 billion in new projects by 2025. The goal is to reduce the cost of blanks (slabs) from $ 313 to $ 266 per ton.

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Russia reduces exports of semi-finished steel and flat products

In January-September 2019, exports of ferrous metals (72nd group of Foreign Economic Activity Commodity Nomenclature) from Russia amounted to 30.931 million tons.

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Vorkutaugol sets new production records in October

In October, Vorkutaugol produced 1.213 million tonnes of rock, setting personal records for coal mining and processing, concentrate output and shipment of finished products to customers.

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Kazakhstan has reduced steel production since the beginning of the year by 2.3%

During October 2019, metallurgical enterprises of Kazakhstan smelted 0.34 million tons of steel that is by 14% less in annual ratio.

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Evraz: in 2020, demand for rolled metal in Russia to grow by 3.8%

According to Evraz's expectations, the demand for rolled metal in Russia as a whole will grow by about 3.1% during 2019.

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Belarusian Steel Works BMZ signs major agreements in Austria

As part of the Belarusian-Austrian business forum, BMZ - Managing Company of the BMK holding company - has signed major export agreements with Austrian partners for 2020.

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Metalloinvest and TMK expand partnership

Metalloinvest, a leading global producer and supplier of iron ore products and hot briquetted iron (HBI), a regional producer of high quality steel, and TMK, a global supplier of steel pipes, pipe

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TMK signs an agreement for the supply of round continuous cast billets to Kazakhstan

At the 25th International Industrial Exhibition Metal-Expo held in Moscow, the Pipe Metallurgical Company (TMK) and the Kazakhstani enterprise Prommashkomplekt LLP, which produces products for rail

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Severstal plans to increase its share on Russian market to 17%

According to metallurgical company Severstal, the fourth largest steel producer in Russia, domestic steel consumption in 2021-2023 will grow by about 2.3% per year to 46.8 million tons in 2023.

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NLMK plans to increase transportation by road

NLMK Group, Russia's largest steel producer, intends to significantly increase the share of road transportation of metal - from 4% in 2018 to 22% in 2022.

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