On September 30 Electrozinc finished the repair of its zinc manufacture and resumed operation at the main shops. During the repairs a new sanitary discharge pipe was assembled at the sulfuric acid shop. As of late October 2 the electrolysis shop produced 150 tons of zinc. (Ukrainian metal)
In January-September Amur region yielded 2.4 million tons of coal. Amursky Ugol carries on its program to modernize mining and transport machinery. Thus, new bulldozers appeared at Yerkovetksy and Severo-Vostochniy pits. In 2018 the program will continue. Yerkovetsky pit was put into operation in 1991, Severo-Vostochniy pit – in 1932. (Ukrainian metal)
Kosogorsky Iron and Steel Works increases ferromanganese sales to the local market and abroad. In 9 months sales increased by 5.2 thousand tons YoY. In particular the local market and neighbor foreign countries received 46.8 thousand tons, and to far foreign countries the company exported 0.3 thousand tons. (Ukrainian metal)
In January-September Krasnoyarskugol mined 4.4 million tons of power-generating coal, up by 12% YoY. The increase is explained by the positive dynamics on the coal market. Analysts say that coal consumption by major power companies has increased, as have the exports. “Coal remains the cheapest and the most trusted type of fuel. According to our…
Orlovsky Steel Rolling Works, a part of Severstal-Metiz, has shipped another batch of fasteners for the construction of the Yekaterinburg-Arena. Screws and M20 nuts will be used in assembling spectator stands for the World Cup 2018. This is not the first batch of the company fasteners to this arena – previously the company has already…
The anode-baking furnace No. 2 at the copper-smelting shop of Uralelectromed has been repaired. It took a month to repair the furnace. The furnace capacity is 350 tons of anode copper per smelting. (Ukrainian metal)
The European Bank for Reconstruction and Development will provide ArcelorMittal Group with a loan of 350 million euro to finance capital expenditures at ArcelorMittal Kriviy Rih. The corresponding project was approved on October 4, and it would be signed within a month. The project aims to support the AMKR investment program valued at $1.1 billion.…
The situation favorable for investments in metal industry is possible only in 3-5 years. “Most companies now invest in vital projects. Investments in the sector now amount not to billion dollars, but to hundred millions”, Mechel CFO Sergey Rezontov said. According to him, in the past several years there have been almost no new investment…
