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Showing posts with label output. Show all posts
Showing posts with label output. Show all posts

Monday, February 14, 2011

OMK’s Vyksa increases railway wheel output by 2.4 times in January

Monday, 14 February 2011

The Russian steel and pipe producer United Metallurgical Company (OMK) has announced that in January 2011 its Novgorod-based subsidiary Vyksa Steel Works (Vyksa) increased its railway wheels output by 2.4 times year on year to 66,384 wheels.

In addition, in January this year Vyksa also produced 145,000 mt of steel pipes, including 93,000 mt of large diameter (LD) steel pipes, which corresponds to the output volume in January 2010.

(Sourced:steelorbis)

Tags:pipe, tubular, Russia, CIS, manufacturing, steelmaking, production, OMK

Belarus to boost steel cord output to 150000 tonnes a year

Monday, 14 Feb 2011

Belarusian Telegraph Agency quoted Mr Ivan Demidovich first deputy industry minister of Belarus as saying that the production of steel cord in Belarus will increase to 150,000 tonnes a year.

The project to increase metal cord production at the Belarusian Steel Works is under development now. It will be implemented in the current five year period. To date the Belarusian Steel Works produces 100,000 tonnes of metal cord a year, the plant’s output is set to reach 150,000 tonnes.

Mr Ivan Demidovich mentioned other innovation projects, which will be implemented in the current 5 year period. One of them is the project to build a flat steel plant. There are plans to revamp other metallurgy plants.

Mr Ivan Demidovich said that the production of caterpillar tractors was established at the Mozyr Machine Building Plant. The plant started the serial production of caterpillar tractors. There are plans to produce 1,000 tractors a year. He added that "We hope this will ensure good export and MTZ development."

Minsk Automobile Plant starts manufacturing cabins, thus the plant can penetrate new markets and strengthen positions on the existing ones. Gomselmash is developing conceptually new hi tech grain harvesters with the capacity of 20 tonnes of grain per hour.

(sourced:www.belta.by)

Alchevsk plans to boost steel output by 18pct MoM in Feb

Monday, 14 Feb 2011

It is reported that Alchevsk Steel is planning to increase February crude steel output by 14% to 18% to reach 320,000 tonnes to 330,000 tonnes.

The corresponding increase in rolled products’ output is to underlie 230,000 slab exports in February.

To meet the growing production targets for pig iron, in January the company has re launched Blast furnace No 3 which had been idle due to raw materials shortages.

According to Millennium Capital analyst “The news is POSITIVE for Alchevsk Steelworks, as it implements successfully its plans to increase output. As we expected, this speedy production recovery allows ALMK to capitalize on surging global prices for steel. Importantly, the company has successfully increased iron ore purchases from Metinvest, in order to secure the production hike.”

(sourced:Millennium Capital)

China’s HRC output soars in 2010 on capacity boost

Monday, Feb14, 2011

The boost in hot rolled coil capacity witnessed in China through 2009~2010 prompted the country’s HR coil and sheet output last year to surge to 144.63m tonnes, according to National Bureau of Statistics data. This was up by a significant 25.93mt or 22% from 2009’s 118.7mt.

Steel Business Briefing notes that, in 2010 alone, a combined 14m tonnes/year of new HRC capacity was brought on stream, and this year a further 6m t/y will be commissioned. Indeed, China’s HRC output will continue climbing this year in any case as those newly-started hot strip mills gradually reach full operation.

Remarkably however, though HRC output is trending upwards, HRC prices have also climbed since early last September – driven both by Chinese inflationary pressure and by increasing raw materials costs.

Among Shanghai dealers for example, Q235 5.5mm HRC prices have reached RMB 4,780/t ($729/t) with 17% VAT, or RMB 4,085/t without VAT, up almost RMB 800/t from last September.

And because HRC supplies to the domestic market this month will be temporarily affected by maintenance stoppages at some mills, prices will likely climb further after traders resume business on 9 February after the Chinese New Year break.

For example, northern China’s Anshan Iron & Steel will lose about 250,000 tonnes of pig iron output this month due to blast furnace maintenance, denting HRC output as a result. Maintenance on one of its hot strip mills this month will lose east China’s Shagang about 300,000 t of HRC output. Angang and Shagang have informed their trading agents that their February HRC deliveries will only be 35% and 28% of contracted volumes respectively.
(sourced:SAC International Steel,Inc.)

Wednesday, February 2, 2011

Revyakino Metal Rolling Plant commissions new continuous reheating furnace

Wednesday, 02 Feb 2011

It is reported that the Russian long steel producer Revyakino Metal-Rolling Plant has commissioned its new continuous reheating furnace which will allow the plant to increase its long steel product output from an average of 24,000 tonnes to 35,000 tonnes per month and also to reduce production costs. This output volume is planned to be reached in May this year.
Revyakino supplies about 50% of its products to construction sites in Russia's Central Federal District with about 90 percent of product supplies directed to the Moscow region.
Igor Shischuk plant general director said "Russian rebar market capacity in 2010 amounted to 13.1 million tonnes. This year a growth of 7% to 10% is expected. The speed of delivery and increase of capacities will allow us to grow with the market."
As a result of the continuous reheating furnace commissioning, Revyakino intends to claim a share of about 40% of the Moscow rebar market.
For the first two stages of modernization which began in 2007, Revyakino invested RUB 2 billion. The further implementation of its planned investment projects will allow Revyakino to increase its output of long steel products to 500,000 tonnes per year by 2015.(sourced: steelorbis)