Mariupol Ilyich Iron and Steel Works CEO Yuri Zinchenko says he will oppose Ukrzaliznytsia’s cargo transportation tariff increase in 2017. “Another round of this story begins. But I think we will battle them, though I’m unsure if we will succeed. It’s easier for Ukrzaliznytsia to increase tariffs to survive another year instead of modernizing and…
Chinese businessmen will invest $2 million into the project of copper-gold concentrate production in Kentau. The factory is expected to produce some 200 tons of products per day. Within the program a processing shop with the capacity of 65 thousand tons per year will be reconstructed in Kentau. Ore will be supplied from the Yubileynoye…
In summer 2017 construction of the Bratsk Electrometallurgical Works (Irkutsk region) will commence. At present the construction site for the mini-mill is being prepared. When the works is put into operation, it will create 600 jobs. In September the project was suspended because of the lack of investors. Investments are estimated at 7.3 billion rubles.…
Metinvest has started cooperation with Unisteel that has been idle for 4 years. The company will produce flat galvanized rolled metal to decrease the import share on the Ukrainian market. Soon Metinvest will start selling rolled metal produced at Unisteel. “Mariupol Ilyich has sent its first thousand tons of semi-finished rolled products to Unisteel”, Metinvest-SMC…
In January-November Kemerovo region miners yielded 206.9 million tons of coal, up by 5.9% YoY. More than half of the total volume (133.7 million tons) was extracted via open-pit mining. The processing share in the total volume of coal mining reached 70.6%. Miners extracted 59.6 million tons of coking coal, up by 4.4% YoY. (Ukrainian…
In November Novgorod Iron and Steel Works, a part of the Russian Copper Company, produced 6 thousand tons of copper cathodes, which was the best result since the company was put into operation in 2003. In December the output is expected to increase to 6.2 thousand tons. At first the capacity of the works was…
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2 years ago Karaganda Silicon Works was put back into operation after a long idle period. Now it plans to produce 23 thousand tons of products per year. Purity of the silicon produced at the works is almost 99%. The raw material base of the company is its own quartz deposits of 4 million tons.…
