MMK has finished the reconstruction of the blast furnace No. 1, commissioned in 1932. The cost of the project, carried out in less than 6 months, totaled 5.4 billion rubles, including 2.35 billion rubles worth of machinery and the rest being construction and repair works. The reconstruction of the BF1 and the construction of the…
The Verkhovna Rada has adopted a law introducing amendments to the law on Ukraine’s state budget for 2018 regarding the proper financing of the state sector of the coal industry. A total of 261 MPs voted for the for adoption of draft law No. 8362 at the first reading and as a whole, with technical…
In April-June steel output grew by 1%, to 4.38 million tons driven by high capacity utilization at the NLMK Russia Long Products Division. The 6% YoY growth was associated with the increase in demand for group products on its key markets. Group sales increased by 6% QoQ, to 4.38 million tons due to the growth…
PJSC ArcelorMittal Kriviy Rih continues to invest in new automotive equipment. Last week three new 45-ton dump trucks BelAz-75473 were released for the performance of steelmaking wastes disposal. The total cost of dump trucks amounted to 26 million 700 thousand UAH. Aleksey Smirnov, Deputy Director of Motor Transport Department, PJSC ArcelorMittal Kriviy Rih: “As of…
