Manufacture of titanium materials in Ukraine

Fiko titanium ingots are produced at Fiko Electron-Beam Metallurgical plant and are melted into following titanium materials: titanium tubes, wire, bars, sheets and plates.

Titanium bars are manufactured together with Joint-Stock company SUMY FRUNZE NPO and JSC DNEPROSPETSSTAL.

JSC DNEPROSPETSSTAL specializes in output of stainless materials such as stainless sheets, stainless tubes and stainless bars.

Fiko ltd cooperating with several plants such as VSMPO-AVISMA Corporation, Nikopol titanium works in Dnepropetrovsk manufactures titanium tubes.

Chelyabinsk Sells to Ukraine

      Chelyabinsk Zinc Plant, producer of about 60 percent of the country’s zinc, started direct sales to Ukraine and Belarus, the company said in a statement Tuesday.
      It will ship 5,300 tons to the Ukraine and 500 tons to Belarus in 2007, the company said. The zinc producer started sales to the Britain earlier this year and plans to ship 6,000 tons of the metal to the country in 2007. Shipments will more than triple to 20,000 tons next year, the company said.

Severstal Opens U.S. Mill

Severstal, the country’s largest steelmaker, started production at the 1.5-million-ton SeverCorr steel mill in Columbus, Mississippi, the company said in a statement on its web site Tuesday.
      SeverCorr, a venture with a team of U.S. steel executives, is producing steel for cars, pipes, construction and machines, the steelmaker said. SeverCorr will benefit from being close to new car plants being built in the south of the United States, the company said.

Russia Increases Export of Non-ferrous Metals

As indicated by the analysis of non-ferrous metal exports for 9 months of 2007, Russia exported 178.1 thousand tons of refined copper, including 175.1 thousand tons to overseas countries and 3 thousand tons to CIS countries. Foreign supplies of nickel in January-August amounted to 166.8 thousand tons, most of which were shipped outside of CIS countries. Export of aluminum reached 2.588 million tons.

Non-ferrous Metallurgy Needs Innovative Technologies

The IV international scientific and practical conference 'Modern Technologies in Non-ferrous Metals Production and Processing' will be held on November 15, in the frame of the exhibition 'Metall-Expo 2007'. The issues proposed for the discussion include prospective technologies of copper and zinc production, use of innovative metal cutting equipment for cold and hot cutting of titanium and nickel alloys, methods of processing of different metallurgical wastes, use of aluminum alloys in automotive industry.

 MMK Boosts Steel Output

Magnitogorsk Iron & Steel Works produced 8.1 percent more crude steel and sold its products at higher prices in the first nine months of the year, the country’s third-largest steelmaker said Wednesday.
      Magnitogorsk, or MMK, said in a statement that crude steel output totaled 9.93 million tons in January-September. The company produced 9.10 million tons of finished products, up 8.9 percent year on year.
      "Output of long products in the first nine months of 2007 has been stepped up against the same period of last year thanks to achieving design capacity at all long-product mills," MMK said.
      Average sales prices for long products used in construction rose 43.3 percent year on year to $582 per ton.
      MMK said it had a surplus of commercial slabs, a semifinished product from which steel sheet used in cars, roofing and household goods can be produced, because of a shortage of flat-rolling capacity.
      lab sales more than quadrupled to 588,000 tons in the first nine months of the year and prices rose 9 percent in the same comparison to an average $410 per ton.
      MMK is building a 1.5-million-ton-per-year plate mill and upgrading two hot-rolling mills to boost capacity and improve the quality of its products.
      "When completed, these projects will allow us to fully process all the slabs produced at MMK," the company said.
      Hot-rolled steel sheet prices rose 23.4 percent in the first nine months of the year to $543 per ton and cold-rolled sheet prices rose 21 percent to $594 per ton. But third-quarter prices fell 2.8 percent and 1.8 percent, respectively, from the second quarter average.

Molybdenum Production Declines Rather than Grows

As indicated by the official statistical information, in January-August this year production of molybdenum in Russia was declining more often than it was growing. Production growth was recorded only in March (+91.1% against February) and April (+4.75), during the other months it was declining with the greatest drop recorded in February (-38.8%) and August (-22.5%). At the same time, many large metallurgical companies are interested in this metal.

INFO

TIMET is the main manufacturer of titanium ingots in USA.

Titanium ingots are melted by electron-beam method

Titanium ingots are melted by vacuum arc method

TIMET manufacture following titanium materials from titanium ingots:

titanium bars, titanium tubes, titanium wire, titanium sheets and titanium plates.

VSMPO-AVISMA Corporation is the main manufacturer of titanium ingots and all kinds of semi finished items (titanium bars, titanium tubes, titanium wire, titanium sheets and titanium plates) from titanium alloys in Russia.

FIKO LTD is the main manufacturer and supplier of titanium ingots and all kinds of semi-finished items (titanium bars, titanium tubes, titanium wire, titanium sheets and titanium plates) from titanium alloys in Ukraine. Fiko ltd manufactures titanium ingots of following titanium grades: titanium ingot Grade 1, titanium ingots Grade 2, titanium ingot Ti6Al/4V and titanium ingot Alloy 5V.

Fiko ltd cooperating with other mills produce titanium bars, titanium tubes, titanium wire, titanium sheets and titanium plates from its titanium ingots.

TIMET and Carpenter Technology enter into long-term joint supply and processing agreements

Titanium Metals Corporation ("TIMET") and Carpenter Technology Corporation Thursday announced joint agreements under which TIMET will supply Carpenter with titanium metal and scrap melting services and Carpenter will provide specialized titanium conversion processing to TIMET.

Under the supply agreement, TIMET will supply Carpenter with titanium metal and toll melting services for Carpenter's titanium scrap at agreed upon prices for a minimum of 12 years and a maximum of 20 years. Under terms of the processing agreement covering the same period, Carpenter will provide TIMET with forging and related processing services at agreed upon prices for TIMET's titanium products. Financial terms of the two agreements were not disclosed.

Steven L. Watson, Vice Chairman and Chief Executive Officer of TIMET, said "We are very pleased to expand our relationship with Carpenter by entering into these mutually beneficial agreements. TIMET will gain access to significant forging capacity that will allow us to continue to serve the expanding needs of our customers under long-term agreements. These strategic agreements further demonstrate TIMET's commitment to achieve profitable growth for our shareholders by adding production capacity in a cost efficient manner and leveraging our position as a leading producer of titanium mill and melted products."

"These agreements provide considerable benefits to both companies and to our customers," said Anne L. Stevens, Chairman and Chief executive Officer of Carpenter. "We are excited about the opportunity to work jointly with TIMET which is one of the premier companies within the titanium industry."

"Together, these agreements help to utilize capacity and increase the operating efficiency of Carpenter's processing operations in Reading, Pennsylvania and represent a long-term source of titanium for our Dynamet subsidiary. The agreements leverage the capabilities of Carpenter and TIMET and set an example of the productive collaborations Carpenter will pursue as part of its strategic growth plan," said Stevens.