The Rostov region governor Vasily Golubev and the Don-Metall CEO Natig Asadov have signed an agreement on cooperation in construction of the metal works in the city of Kamensk-Shakhtinsky with the capacity of 160 thousand tons of hot-rolled rebars per year. Investments will total 3.3 billion rubles. Last year the company constructed the transformer substation…
Severstal has reported the beginning of the full-scale operation of its online store, presented in November 2016. Now all clients of the company (except for individuals) can buy the standard Severstal products (over 5 thousand types) online. The new store has been created on the basis of SAP Hybris. It is expected that in 2018,…
250 million rubles will be sent to support mining and metallurgical companies of Primorye. The financial support is provided under the new local decree “On industrial policy”. At present the department of industry of the Primorsky Krai is preparing the documents on granting subsidies to mining and metal companies. The new decree “On industrial policy…
Pereyaslovsky open-pit mine, a part of Russian Coal, Krasnoyarsk Krai, has mined the 75-millonth ton of coal. January also saw the record railroad shipments of coal – 713 thousand tons. Total coal delivery from the mine reached 733 thousand tons. The Pereyaslovsky mine was put into operation in 1983. Its project capacity is 7 million…
In 2016 Russia exported 185.7 thousand tons of raw nickel to the world market, down by 18% YoY. According to the Federal Customs Service, exports to far foreign countries dropped by 18%, to 185.3 thousand tons, but to CIS-countries – doubled to 0.4 thousand tons. (Ukrainian metal)
Evraz NTMK has finished the technical modernization of the forging division of its foundry shop. The new equipment will decrease gas consumption by 10% and metal usage by 6%. According to the company statement, the operation schedule has been changed at the shop. A new crane, a semi-automatic band saw and a modernized boring machine…
On February 28, Amurmetal resumes operation after an almost monthly stand still. The company will be working at night under cheaper energy tariffs. So far 9 thousand tons of scrap have been accumulated. In late January Amurmetal was purchased by Torex (Khabarovsk) for 2.46 billion rubles. The purchase agreement has not been signed yet, though…
Donetsk Iron and Steel Works, a part of Donetskstal, has shut down its blast furnace No. 1 because of the absence of iron ore raw materials caused by the railroad blockade. On February 26, the daily shift smelted 400 thousand tons of pig iron, and the BF was shut down. The BF-1 used to produce…