ArcelorMittal Kriviy Rih used to pay 0.9% of the estimated value for its 8 thousand ha of land. On April 21, the local authorities increased the land tax to 1.01%. With the increase of the tax, revenues of the Krivoy Rog budget have also increased. The Opposition block deputy in the city council Valery Gresko…
RusHydro may decide to participate in completion of UC RUSAL’s construction of a $1.4-1.6 billion Taishet Aluminum Smelter within two or three months, Deputy Prime Minister Yury Trutnev, chairman of RusHydro’s board of directors, reported. “I think that probably within two or three months a decision will be made,” he said. RUSAL offered RusHydro a…
The Sulyukta coal deposits have been put up for sale. According to the State committee on industry, energy and subsoil use, the starting price of site No. 5 is $3.8 thousand. According to the estimates, the reserves of the deposits are 381190.5 tons. The local site Vostochy has been put up for sale at $6154…
In January-April Russia imported 3374 tons of copper pipes for conditioning, up by 6% YoY and by 10% from the 2015 level. According to the customs statistics, 23% of pipes were imported from Greece, up 2.8-fold YoY. The average price on the Russian border in April was $7305 per tons. Serbia supplied 22% of pipes,…
This year Mechel-Service has already supplied 6.5 thousand tons of rebars for the construction of housing in Chelyabinsk. The company supplies rebars to almost all major construction sites in the city. One of the latest was the batch of metal for the construction of Gagarin Residence in the downtown. All the rebars are manufactured by…
By the end of 2018 the Electrostal Tyumeni works will have reached its manufacturing capacity of 550 thousand tons of rolled metal per year. At present the company produces 380 thousand tons per year. The output increase will be achieved with the help of a number of investment projects. The employee number will also increase…
Chelyabinsk Iron and Steel Works has finished an overhaul of its sintering machine. The machine has been shut down for 8 days. The cost of the repair is 9 million rubles. The ChMK sintering factory operates 4 sintering machines with the combined capacity of over 5 million tons per year. Overhauls of the machines are…
On June 19-23 the group of companies Demidov held negotiations with its partners in the Northern Caucasus, discussing pipe market situation and cooperation prospects. At present the order portfolio of Novocherkassk subsidiary of Ryazan Pipe Works is full. Next month the company will sell 3800 tons of electric welded pipes. In June the subsidiary sold…
