By 2017 Central Mining and Processing Works plans to have invested 14 million UAH into repairs of cargo truck engines. According to the company statement, this is 50% cheaper than buying new engines. “Under high competitiveness on the world market we are on a constant lookout for new reserves to decrease prime cost of our…
In 2016 Ferrexpo, controlling Poltava and Yeristovo Mining and Processing Works, intends to keep pellets output on the last year level, when it produced 11.66 million tons. “We expect pellets output to reach 11.2-11.3 million tons, though we hope it will be higher. But what is important for us is that 94% of them will…
In September Ukraine produced 159.1 thousand tons of manganese concentrate and sinter, up by 12% MoM, or by 17.3 thousand tons. According to the Association of Ukrainian Ferroalloy Producers, in January-September manganese concentrate and sinterpoutput decreased by 22.1% YoY, or by 239.5 thousand tons, to 844.2 thousand tons. (Ukrainian metal)
Lamesa Group Holding, affiliated with Russian tycoon Viktor Vekselberg and his multi-industry holding Renova Group through Polo Company, has raised its share in U.K.-registered Petropavlovsk Plc, which operates in Russia, to 2.7448% from 1.5237%, Petropavlovsk said in a statement. Other details of the deal were not disclosed. Other affiliates of Renova Group control 14.764% in…
In Q3 Magnitogorsk Iron and Steel Works produced 3.17 million tons of steel, on the level of Q2. Steel smelting capacities were 88% loaded. Sales dropped by 4.7% to 2.86 million tons due to the sales increase within the group. VAT-products output decreased by 8.3% to 1.3 million tons. In January-September MMK produced 9.38 million…
Asha Iron and Steel Works has confirmed the prolongation of the certificate to produce construction steel hot-rolled metal for the manufacture of metal or ferroconcrete structures. The certificate has been provided by TUV Rheinland Group. The hot-rolled metal of AMZ with CE-marking will continue being exported to the European Union. The company has received the…
On October 15, Donetsk Iron and Steel Works, situated in the territory of the Russia-supported terrorist organization Donetsk People’s Republic, put its blast furnace No. 1 into operation. The halt of the BF was connected with the overhaul. Repairs at BF2 are underway. (Ukrainian metal)
Since 2013 Mariupol Ilyich Iron and Steel Works has decreased natural gas consumption by 69 million cubic meters, or by 40%. According to the company CEO Yuri Zinchenko, thanks to the ISO 50001 implementation the works was also able to save 46 million kW-h of electricity, thus saving over 500 million UAH. At present the…