Police has started investigating the accident resulting in the death of an ArcelorMittal Kriviy Rih employee. On March 3 the roof of the converter shop under repair collapsed, killing one person. On March 4 the body was found. The person killed was born in 1992. (Ukrainian metal)
In 2017 Susumanzoloto received 1.816 billion rubles of net profits, down by 28.4% YoY. Revenue grew by 29.9%, to 12.925 billion rubles. Sales profit dropped by 15%, to 2.474 billion rubles. Last year the company sold 5415 kg of gold, up by 47.1% YoY. As of December 2017 Susumanzoloto had 49 licenses. Its estimated C1…
Chelyabinsk Iron and Steel Works has produced rolled metal for the construction of the petrochemical complex ZapSibneftekhim in the city of Tobolsk. The company has supplied a batch of beams and steel sheet to the construction site. Beams and sheets were manufacture of 09G2S steel. Products of this steel grade could withstand the temperature range…
In 2017 Uralelectromed produced 378.4 thousand tons of copper cathodes, up by 10.3% YoY. Silver ingots manufacture grew by 17.4%, tellurium – by 10% and blue stone – by 49.5%. At present the company is busy constructing the second stage of the copper electrolysis shop. The capacity will increase to 400 thousand tons. Last year…
In 2018 Energomashspetsstal will produce and supply 1408 tons of various machinery for the construction of the Akkuyu nuclear power plant in Turkey to be commissioned in 2023. According to the company statement, 22 billets of the main pump and pipeline have already been tested, checked and submitted to the customer. “At present the company…
In 2018 Severstal will provide KAMAZ with at least 60 thousand tons of metal. According to the group statement, it supplies cold- and hot-rolled sheets to the largest truck producer in Russia, Last year Severstal sold 58 thousand tons of metal to KAMAZ. (Ukrainian metal)
In February Yuzhniy Mining and Processing Works decreased concentrate output by 2.7% MoM, to 915.7 thousand tons. According to the company statement, sinter output grew by 18.2%, to 159.6 thousand tons. In January-February UGOK produced 1969.1 thousand tons of concentrate and 291 thousand tons of sinter, down by 1% and by 4% YoY respectively. In…
The board of directors of Asian-Pacific Bank has approved the sale of a 9.11% stake in U.K.-registered Petropavlovsk Plc, which mines gold in Russia. In December 2017 companies controlled by tycoon Viktor Vekselberg sold a combined stake of 22.3% in Petropavlovsk and 2020 bonds that might be converted into a 6.83% stake in the company…
