Interpipe has invested $8 million in the construction of the pipe finishing line at its Interpipe Niko Tube works in the city of Nikopol. The assembly of the machinery has been completed. Now the line is being tested. When it reaches its project capacity it will be able to process 93 thousand tons of pipes…
On July 3 a fire broke out in the manufacturing shop of the Aluminum Casting Works in the city of Barnaul. 6 units of special machines and 21 firefighters extinguished the fire in 16 minutes. Several days ago, on June 30, three roofers fell from the 15-meters high shop building, where they were repairing the…
Chelyabinsk Zinc Works has held an annual shareholders meeting. It was decided not to distribute the profit of 5.4 billion rubles for 2017. Thus, dividends for 2017 will not be paid. (Ukrainian metal)
58 years ago, on July 3, ArcelorMittal Temirtau produced the first Kazakh pig iron. This day is considered the birthday of the leader of Kazakh metal industry. Now the company is the only enterprise in Kazakhstan with the complete metal cycle. It occupies the area of 5 thousand ha. Since July 1960 the blast furnace…
In May ferrous metals transportation increased by 10.2% YoY, to 6.5 million tons. Since the start of the year the railroad transported 33 million tons of ferrous metals, up by 11%. Domestic transportation increased by 20%, and exports – by 5%. Exports to Turkey and Mexico grew 1.5-fold each, and to US – by 20%.…
In January-June Beloretsk Iron and Steel Works increased steel rope sales by 5% YoY, to 22 thousand tons. Calf lines for the drilling rigs in oil and gas industry, overhead ground wire as well as ropes for fishing industry and of the general use in lifting machines enjoyed the greatest demand from customers. Apart from…
Vadim Dubasov has been appointed the Severstal Russian Steel director of investments. His predecessor Sergey Sidorkov will continue working as the director of the center on investment projects. Dubasov started working with Evrazholding in 2001. In 2010 he went to work as the senior project manager at Evraz NTMK. From October 2012 till March 2018…
39 miners for more than a day refuse to return to the surface at the Novovolynskaya-10 mine in Volyn region, demanding their salary debts to be cleared. According to Vasiliy Pradid, the chairman of the Independent Miners Union of the mine, the miners ask the salary debts for April-June to be cleared. He did not…
