Severstal has presented a new type of vibration and noise suppression steel 01U5T. Damping steel can be used to construct transport infrastructure objects (railroad and subways), as well as in power, household, ventilation and military machines, mining, metal processing, etc. The steel mechanical characteristics are on par with structure steel 09G2S-295, while its prime cost…
PJSC ArcelorMittal Kriviy Rih has won a rebars drop shipment contract for construction of new wind power plant (WPP) in Overyanovka village of Kherson region. Rebars of the enterprise are used for raising foundations for wind-powered generators of new power generation plant in the southern part of Ukraine. Kherson region is one of the leading…
Prime Minister Vladimir Groysman has ordered the Ministry of Finances and the Ministry of Energy and Coal Industry headed by Igor Nasalik to find additional sources of financing the state coal industry. “We need more system changes to attract investments and increase local coal output”, he said at a government meeting on August 23. He…
The copper-smelting shop of Uralelectromed has modernized and commissioned an anode furnace No. 2 with the unification of anode removers for two types of anodes – 260 and 392 kg. In three weeks of operation the furnace has produced some 7 thousand tons of copper anodes. “With the commissioning of the second stage of the…
Beloretsk Iron and Steel Works has confirmed the correspondence of its quality management system to the requirements of the new ISO 9001:2015 version. The representatives of SGS visited the rolling, steel wire and rope, cold-rolling shops and 14 divisions of the works, inspecting the manufacturing process, the quality of documentation and speaking with the employees.…
Gold output of the Chukotka Autonomous District is falling, governor Roman Kopin said in his letter to president Vladimir Putin asking for higher financing of geological exploration and better mechanisms of licensing of subsoil sites. Kopin said that the gold reserves of the unallocated subsoil reserve fund of the region stood at only 95.2 tons,…
Over 1 thousand tons of beams produced by Evraz NTMK were used to construct an agricultural complex in Voronezh region. By the end of the summer 1 thousand tons more will have been supplied to the construction site. The I-beams with the length of 10 to 13 meters are used to construct the roof of…
In January-June the net profit of Metalloinvest totaled $870 million, up by 48.7% YoY. Revenue grew by 24.6%, to $3.779 billion, EBITDA – by 40.5%, to 1.491 billion, while net debt dropped by 6.1%. The company has refinanced its pre-export financing at $240 million due to attracting a new PXF-2018 loan. Metalloinvest has also signed…