Igor Lushankin has become the new director of Severstal Distribution LLC. He has been working for 17 years as the commercial director of Midland Resources, being responsible for Zaporizhstal exports. “For the past five years he has been working in the sphere of rolled metal and raw materials supplies both to Ukrainian companies, and to…
The public joints stock company Koks has attracted a VTB loan of 10 billion rubles. According to the company statement, the term of the loan is 7 years. The interest rate will be set depending on the term. The maximum volume of the interest rate should not exceed 20%. Koks is controlled by the Industrial-Metallurgical…
A new mini-power plant has been put into operation at the Uralelectromed enterprise – Proizvodstvo Splavov Tsvetnykh Metallov. Its capacity is 2.4 MW of electricity or 9.2 Gcal-h of hearing energy. The size of the premises is 450 square meters. Commissioning took several months. At first, by the start of the heating season, a boiler…
Major metal companies believe that the favorable trends of 2017 will persist this year as well. Last year Russia produced 71.3 million tons of steel, up by 2.4% YoY. Rolled metal output grew slightly – by 0.7%, to 60.9 million tons. Pig iron manufacture grew even less – by 0.55%, to 52.2 million tons. It…
For the past 10 years Severstal has decreased the volume of industrial wastes at Cherepovets Iron and Steel Works by 58%. The decrease has to do with the sale of secondary products. This helps decrease the volume of industrial wastes, accumulated at the landfill. At present the company sells over 20 types of wastes. Last…
Novosibirsk Chemical Concentrates Plant, a unit of the Russian nuclear fuel producer TVEL, exported more than 300 kilograms of metal uranium to France in 2017, Alexander Yevseyev, the plant’s director for production, said on February 13. “This is the first delivery within a large contract. The client was satisfied, and we will continue cooperation,” he…
The mining of lead and zinc ores at the Pavlovskoye deposits in Novaya Zemlya is expected to begin in 2023. According to the Arkhangelsk region governor Igor Orlov, prospecting in the area was completed in 2017. The State commission on natural resources believes that the reserves of the Novaya Zemlya are over 47 million tons…
In January Kimkano-Sutarsky Mining and Processing Works LLC produced 180 thousand tons of iron ore concentrate. Last year the company produced 2 million tons of iron ore concentrate and this year expects to increase output to 3.2 million tons. KSGOK is a part of IRC ltd. It was created on the basis of Kimkanskoye and…