Susumanzoloto Mining and Processing Works has acquired 2 companies – Sever LLC in the Republic of Sakha (Yakutia) and Novy Put LLC in Magadan region. The deals were finalized in late November. Both companies specialize in alluvial gold extracting. Sever LLC licensed sites reserves are estimated at 4.5 tons of gold. This year the company…
Izhstal has started manufacturing stainless steel with nitrogen alloying on secondary metallurgy units (external steel treatment). This technique improves steel plasticity and manufacture efficiency due to the decrease of alloying elements and azoted ferroalloys. Such metal products are used in shipbuilding, automobile, oil and gas and other industries. The company can also continuously cast over…
The authorities of the city of Volgograd have announced that they are preparing for the decrease of jobs at the Krasniy Octyabr Iron and Steel Works. Since February 2018 some 177 employees will be fired. Of them 11 are engineer-technicians, and 166 electrical engineers and gas and arc welders. (Ukrainian metal)
Energomashspetsstal has produced and shipped the low-pressure turbine rotor to Bharat Heavy Electrical Limited. The product weighing 66.09 tons has been produced under the contract concluded in May. In November the rotor was successfully shipped to the customer. The rotor is being transported via railroad and by sea. (Ukrainian metal)
Uralskaya Kuznitsa continues increasing output. In November the company manufactured over 9.7 thousand tons of products, having exceeded manufacturing results for the last 15 years. The works is a leading Russian manufacturer of drop stampings weighing up to 2.5 tons and 4 meters long. The company also produces weldless rings with the diameter of 4…
Evraz NTMK has obtained the license of the Association of American Railroads to supply N-36 wheels for cargo cars to North America. After 100 thousand miles the wheels will be additionally checked. N-36 wheels have been tested at the largest US BNSF Railway and faultlessly rolled for over 300 thousand miles. After that they have…
In January-September Ferrexpo paid 913.6 million UAH of taxes, up by 43.4% YoY. In particular, Poltava Mining And Processing Works paid 693 million UAH of taxes, Yeristovo GOK – 216.3 million UAH and Belanovsky GOK – over 4.3 million UAH. PGOK paid 122 million UAH to the local budget, 101 million UAH to the regional…
Canada Border Services Agency has announced the beginning of another antidumping and compensational investigation as to some types of rebars, produces, among others by Belarus. The investigation is scheduled to end on May 4, 2018. The agency will investigate the imports of hot-rolled rebars of the diameter up to 56.4 mm, except for some types…
