The first vessel able to be serviced at the Mariupol trade seaport, has passed under the Kerch bridge. Having loaded 14.5 thousand tons of pig iron, the Kopan sailed to Italy. “Knowing of the limitations when going through the Kerch strait because of the construction of the bridge, the ship owners shortened the Kopan mast,…
Severstal Distribution will supply 1800 tons of cold-rolled metal to the Volgogazoapparat company, which produces gas and electric stoves. The household appliances producers have very strict requirements as to the metal quality, among which the main are the surface purity, flatness of not more than 5 mm per 1 m, absence of defects on the…
The state company Russian Railroads has started using decreasing coefficients when calculating tariffs for transportation of rolled sheet for NLMK and some other companies. The decreasing coefficient will be valid through December 31. It covers rolled sheet transportation from the railroad stations of Novolipetsk, Revda, Apparatnaya, Nizhneserginskaya, Yekaterinburg, Vorsino and Vladivostok. At the same time…
Rosterminalugol, the largest dedicated coal port in the North West of Russia (a part of Port Management Company LLC) handled more than 15.9 million tons of export coal in January-August, up by 42% YoY, the terminal operator said in a press release. In the reporting period, Rosterminalugol unloaded 16.2 million tons of coal from 226,064…
Deputy Chairman of the Board of Kyrgyzaltyn JSC for Economy, Finance and Investments Bektur Sagynov told the deputies of the Respublika – Ata Jurt faction why Kyrgyzaltyn opposed the purchase of Thompson Creek. According to him, three members of the board of directors of Centerra Gold Inc. voted against the deal. “We didn’t have time…
The Rodninskaya mine employees (a part of Mirnogradugol, Donetsk region) still cannot make the enterprise management clear salary debts. “The miners have issued an ultimatum to the enterprise managers and the Ministry of energy and coal industry on July salary debts clearing (2.6 million UAH) and August salary payment. Now the salary is paid with…
The scheduled increase of railroad tariffs by 22.5% from October 1 will result in a significant increase of Azovstal products prime cost. “The transport component in the prime cost structure of our products is some 10-12%. That’s because we have expenses not only while shipping rolled metal, but also while bringing raw materials to the…
Kolmar will invest 22.5 billion rubles into construction of the Ingalinskaya-2 processing factory in Yakutia. The factory capacity will be 12 million tons of coal per year. Kolmar is designing the factory with Beijing CATIC Industry Limited. At present construction of the Denisovskaya processing factory is nearing its end. The project has also been designed…