AutoKrAZ has supplied a batch of KrAZ-65055 (6×4) dump trucks with the lifting capacity of 16 tons to the Severniy Mining and Processing Works. The dump trucks have been delivered under the agreement concluded in December 2017. There were 4 dump trucks in the batch. This year Metinvest intends to acquire more KrAZ dump trucks…
Moody’s has improved the long-term rating of Severstal from Ba1 to Baa3, and the outlook from stable to positive following the revision of the Russia rating. “We welcome the decision of Moody’s to review the Russia’s rating and improve that of Severstal. That the economic situation in the country is improving is seen by the…
ChTPZ was the first in Russia to develop cold-deformed pipes for internal combustion engines. The manufacture has been started at Pervouralsky Pipe Works. The pipes with the outer diameter of 8 mm and inner diameter of 3 mm made of high-quality low-alloyed steel will be used in diesel engines of the Common Rail type. The…
In 2017 Metalloinvest increased steel production by 2.1% YoY, to 4.8 million tons. According to the company statement, pig iron output dropped by 9.3%, to 2.7 million tons. Hot-briquetted iron manufacture grew by 22.6%, to 7 million tons, while that of pellets dropped by 0.4%, to 25.1 million tons, and ore – by 1%, to…
In 2017 Metinvest Group decreased iron ore raw materials output. In particular, iron ore concentrate production dropped by 7% YoY, to 27.464 million tons. Iron ore pellets manufacture fell also by 7%, to 5.742 million tons, mostly because the group ceased deliveries to customers situated on the Ukraine-uncontrolled territory. Coal concentrate output decreased by 15%,…
Russian aluminum producer UC RUSAL has settled a dispute over the Alscon plant with Nigeria, Bloomberg reported late on January 31, citing Nigeria’s Steel and Mining Minister Kayode Fayemi. Nigeria will have a 20% stake in the plant and RUSAL will have 80%. The share of RUSAL in the operating company is 85%, according to…
A 25-year-old man died in a collapsed mine in Kara-Tyt village, Aksy district of Jalal-Abad region, the Ministry of Emergency Situations reported. According to it, the resident of a village located near the pit illegally mined coal when it collapsed. Rescuers of the ministry took out the body and handed it over to relatives. (24.kg/Ukrainian…
The state enterprise Selidovugol received 847 self-rescuers out of 2 thousand pieces that it needed. “Selidovugol needs 2 thousand self-rescuers. It has received the first batch of 847 pieces. The enterprise is waiting for the second batch”, the chairman of the Independent Miners Union of Ukraine Mikhail Volynets wrote on his Facebook page. Last summer…
