Energomashspetsstal has completed another order to produce a hammer frame for LASCO Umformtechnic GmbH. According to the company statement, the billet weighing 61 tons was shipped to the customer in October. The casting is a part of the press-forging equipment. So far this is the 15ths hammer frame produced by EMSS for LASCO. (Ukrainian metal)
NLMK Group CEO Oleg Bagrin, Head of Lipetsk region Administration Oleg Korolev, and Head of Lipetsk Sergey Ivanov were the guests of honor at the Time Capsule Ceremony held on November 7 at the site of the future NLMK Corporate University. This ceremony held on NLMK’s anniversary (83 years) marked the symbolic start to construction…
Silver and gold company Polymetal International is considering building a plant to refine refractory gold ore in the city of Sovetskaya Gavan in Russia’s Far East, according to a statement published by the regional government on November 7. “The Sovetskaya Gavan’s site has all the necessary infrastructure and suits the new facility perfectly: there is…
The board of directors of the gold-mining company Nordgold, controlled by Russian tycoon Alexei Mordashov, has approved paying $0.0318 per share, or a total of $10.8 million, in dividends for July-September, the company said in a statement on November 7. The record date for the dividends is November 10, and the payment will be done…
Ukrainian metal companies tentatively decreased coke production by 20% YoY in January-October, to 8.588 million tons, the Ukrmetallurgprom association (Dnipro) has reported. Pipe production grew by 25%, to 876,000 tons. In October alone, 93,600 tons of pipes and 901,000 tons of coke were made. According to the revised data, metal companies in January-October produced 15.179…
The Scythia Graeca bulker with 75,000 tons of anthracite from South Africa for thermal power plants (TPPs) of DTEK Energo arrived in the Chornomorsk seaport (Odessa region) on November 3, the company’s press service has reported. The unloading of the vessels has been started. Coal will be delivered to the warehouses of Kryvy Rih TPP,…
ArcelorMittal Kriviy Rih is finishing switching to grading salary. In April the work to develop and implement the multi-level wage system began. On May 1, salary increased by 35-70%. (Ukrainian metal)
The Obukhovskaya Mine Group (Rostov region), owned by DTEK, in May-September exported 27.193 thousand tons of anthracite to Egypt, Italy, the Czech Republic and Poland. At the same time Ukraine desperately needs this coal for heat generation. In particular, the mine group supplied 5.44 thousand tons of coal valued at $470.26 thousand to ArcelorMittal Ostrava…