The stainless steel of the Chelyabinsk Iron and Steel Works, a part of Mechel, will be used to construct a complex of uranium-plutonium fuel manufacture. The complex is being constructed under the Proryv (Breakthrough) project of the Rosatom state corporation on the site of the Siberian Chemical Works in Tomsk region. ChMK will supply stainless…
Chelyabinsk Zinc Works, a part of UMMC, carries on its large-scale technical modernization of the indium manufacture. According to the company spokesperson Natalia Vasilyeva, the works is the largest manufacturer of IN-00 indium with 99.999% metal content in the CIS-countries. The reconstruction of the hydrometallurgical shop saw the assembly of the new filter-press of FIL-TEC.…
In January Ferrexpo produced 900 thousand tons of pellets, down by 11.8% YoY. Concentrate output dropped by 15.9% YoY, to 1.051 million tons. In 2016 Ferrexpo decreased pellets output of its own raw materials by 1.7% YoY, to 11.07 million tons, of purchased raw materials – by 68%, to 129.2 thousand tons. All this resulted…
In 2016 coalmining enterprises of the Sakhalin region yielded around 7 million tons of coal, up by 27% YoY. Vostochnaya Mining Company (VGK) mined the most – 4 million tons (3.7 million tons in 2015). 4.65 million tons of coal was exported to the Asian-Pacific countries, up by 16% YoY. South Korea imported 2 million…
In 2016 the segment of shaped tubes reached 2.4 million tons (2.3 million tons in 2015), water and gas pipeline pipes dropped to 325 thousand tons from 370 thousand tons, electric-welded pipes – 925 thousand tons (980 thousand tons). Shares of the major pipe producers in 2016 also changed: Severstal dropped from 29% in 2015…
In 2016 VIZ-Stal, a part of NLMK, implemented 22 projects within the program of the energy savings and decreased electricity consumption by 5.5 million kW-h, hearing energy – by 4319.2 gCal, and natural gas – by 330.7 thousand cubic meters. Thus expenses on energy resources decreased by 20.9 million rubles. The energy saving program included…
In 2016 Russia consumed 8.15 million tons of hot-rolled sheet, with NLMK share at 1.32 million tons. In cold-rolled segment Russia’s consumption was 2.97 million tons, and NLMK supplied 0.81 million tons, in galvanized rolled metal – 2.9 million tons and 0.58 million tons respectively, in metal with polymeric coating – 1.91 million and 0.45…
NLMK USA, NLMK Group’s American Division, has refinanced a $250 million credit line acquired in 2011. The new revolving credit line has a maturity of 4 years and will be used to finance working capital and general corporate activities. The borrowers are NLMK Indiana, NLMK Pennsylvania, Sharon Coating, and NLMK North America Plate trading companies.…
