News. Russian ferrous metallurgy news

Preliminary year-end results, along with predictions, interviews and more

The final issue of the year "Metal Supply and Sales" magazine has been published. The edition contains a number of materials on the results of the 30th anniversary International Industrial Exhibition Metal-Expo' 2024 , which this year saw high levels of business activity and record attendance. The event also saw the publication of photo reports from the metallurgists' forum site, interviews with participants, reviews of the most interesting business events and competitions. The market situation ...
18 December 2024., 08:02   comment

Four days and four photo clouds of Metal-Expo'2024: stands, exhibitors, visitors and events

During the autumn Metals Week in Moscow, professional photographers were on hand to capture the key moments of the business programme and Metal-Expo' 2024 stands, providing a visual record of the most significant events in the metallurgical calendar. Following the editing and structuring of the photographic material by days, approximately 3,000 images from the Metal-Expo site are now available for download in the cloud. The photo archive is likely to contain images that will resonate with all ...
17 December 2024., 14:25   comment

At Metal-Expo'2024, metallurgists and machine builders presented their respective areas of expertise and potential opportunities for collaboration.

More than 30 thousand visitors - managers and specialists of companies from all sectors of economy, construction, fuel and energy complexes - visited the exhibition and held fruitful negotiations with the participants of the Forum during the 4 days of the exhibition. This year 875 companies were represented at Metal-Expo'2024 , including 467 from Russia, 368 from China and 38 from other fourteen countries. More than 5 thousand managers and specialists worked at their stands. The final day of ...
18 November 2024., 14:11   comment

Severstal becomes the first company in Russia to produce cold-formed piling

Severstal was the first in Russia to produce a new sheet piling solution for hydraulic structures, transport and civil engineering - cold-formed sheet piling. The product is marketed under the Grani brand. One of the main advantages of the new type of sheet piling is lower metal intensity compared to alternative solutions due to constant profile thickness and increased width, which allows to reduce the weight of supplied structures by up to 30%. The piles are manufactured by cold forming (cold ...
10 September 2024., 08:59   comment

MMK uses artificial intelligence to monitor blast furnace operations

Magnitogorsk Iron and Steel Works (MMK) has begun operating a machine learning–based digital system that helps workers control the oxygen levels supplied to its blast furnaces. The system recommends the optimal oxygen levels for the hot blast air in order to improve blast furnace efficiency during the production of cast iron. Until recently, the blast furnace operator made decisions based solely on readings of discrete data. In a dynamic environment, however, those readings may not always be ...
10 September 2024., 08:52   comment

MMK’S hot rolling mill 2000 produces 150 millionth tonne of rolled stock

Sheet rolling shop No. 10 at Magnitogorsk Iron and Steel Works (MMK) has produced the 150 millionth tonne of rolled stock on its hot rolling mill 2000. First commissioned in 1994, the mill produced its 100 millionth tonne of hot-rolled steel in 2015. Mill 2000 is MMK’s most productive rolling unit and one of the most powerful in Russia. Capable of making practically every grade of steel currently available, the mill is used to manufacture around a thousand different products for a diverse range ...
21 May 2024., 14:34   comment

Pipe industry as a major consumer of hot-rolled steel products

Now there is a unique situation in the market, when steel pipes in some cases can cost cheaper than strips for their production. This is largely due to the fact that last year there was an oversupply of tubular products, which left certain stocks in warehouses, now pressuring the market. One way or another, but every spring from year to year before the height of the construction season and the beginning of the replacement of utilities in the housing and utilities sector, between the manufacturers ...
21 May 2024., 14:31   comment

Severstal reports Q1 2023 operational results

Severstal announces that in Q1 2023 crude steel production was almost flat qoq and stood at 2.7 mln tonnes (-1% qoq). Consolidated steel sales followed production dynamics and decreased slightly, by 1% qoq to 2.77 mln tonnes. Production: Hot metal output decreased by 4% qoq to 2.72 mln tonnes on the back of planned repairs on BF Nos. 3, 4 and 5. Crude steel production, however, was lower by only 1% qoq and amounted to 2.7 mln tonnes due to increased crude steel output at EAF facilities. Steel ...
23 April 2024., 14:18   comment

Stainless steel consumption in Russia increased by 27%

The association 'Spetsstal' has reported that the visible consumption of the main types of stainless steel products in Russia increased by 27.3% to 661.9 thousand tonnes in 2023, compared to 2022. This represents an 11.7% increase from 2021. In 2023, the consumption of flat cold-rolled products increased by 32.7%, flat hot-rolled products by 7.3%, long products by 39.1%, welded pipes by 3.5%, seamless pipes by 71.5%, and wire by 62.6%. The consumption of primary billets decreased by 27.0%. Foreign ...
23 April 2024., 14:15   comment

Mechel has summarised its production and sales results for 2023

Mechel a prominent Russian mining and metals company, has released its operating results for Q4 and 12M 2023. Oleg Korzhov, Chief Executive Officer, stated that the average range of global coal prices in 2023 was significantly lower than the 2022 quotes, but still acceptable to the company. The global commodity market has been rebalanced, with China and India emerging as key players. Demand for coal products in other Asia-Pacific countries remains high due to the growth of the steel industry ...
18 March 2024., 11:35   comment

MMK launches dynamic technology risk management system

Magnitogorsk Iron and Steel Works (MMK) has launched a new system that makes dynamic adjustments to the production process in a move aimed at lowering the rejection rate and reducing the risk of human error. The system relies on adaptive technology and quality management, predictive analytics and big data analysis to detect transient behaviour and process upsets. If the risk of obtaining non-conforming products increases, the system notifies the relevant personnel, automatically generates a ...
18 March 2024., 11:27   comment

China's steel exports exceed 90 million tonnes

In December 2023, national steel companies in China exported 7.73 million tonnes of finished steel products, which is 3.5% less than in November but 43.1% higher than in December 2022. As a result, China's total finished steel and pipe exports in 2023 reached 90.26 million tonnes, representing a significant increase of 36.2% from the previous year. If we include semi-finished products, this figure is expected to exceed 93 million tonnes, which would be the highest result since 2016. In December, ...
31 January 2024., 09:50   comment

MMK announces its Trading Update for Q4 and 12M 2023

Pig iron output decreased by 7.5% quarter-on-quarter (q-o-q) to 2,416 thousand tonnes due to overhaul of blast furnace No. 8. Steel output totalled 3,116 thousand tonnes, down by 7.1% q-o-q due to overhaul of basic-oxygen furnace at the Magnitogorsk production site. Group sales of metal products declined by 5.7% q-o-q and totalled 2,891 thousand tonnes, reflecting the impact of overhauls of blast furnace, basic-oxygen furnace and rolling capacities. Sales of premium products decreased q-o-q ...
30 January 2024., 19:57   comment

MMK Trading house received awards from Russian Union of Metal and Steel Suppliers

The award ceremony for the annual competitions held by the Russian Union of Metal and Steel Suppliers for metal trading companies took place following the close of the 27th International Conference “Russian Metal Market-2023”, held last week in Moscow. Denis Chernenko, Head of MMK’s Marketing and Technical Support Department, was in attendance. MMK Trading House and its individual business divisions were once again among the winners at the event. The company’s Magnitogorsk division received ...
25 December 2023., 13:48   comment

NLMK Logistics Centre truck shipments exceed 1 million tonnes

NLMK Group has increased truck shipments of metal products from its Logistics Centre at NLMK Lipetsk to 1 million tonnes per year. This is a record volume of truck shipments since the centre began operations in 2020. Development of truck transportation enables fast, reliable and safe deliveries. It also allows customers to maintain lower metal inventories and plan their production operations more efficiently. NLMK Logistics Centre offers shipment services to customers in Russia’s Central Federal ...
25 December 2023., 13:45   comment