Severstal has concluded an agreement with Ural Works of Heavy Machinery to supply a foundry crane with the lifting capacity of 520 tons to the Cherepovets Iron and Steel Works. The machine will be used in steel manufacture to lift and transport steel ladles. Investments in the project total 600 million rubles. This is the…
E.Connect assets, one of the co-owners of which is the Ukrainian ex-official Vladimir Zinevich, has purchased 2 mines in Gukovo (Rostov region, Russia) – Zamchalovskaya and Rostovskaya. The reserves of the Zamchalovskaya mine are 27.45 million tons of anthracite. The capacity of the mine is 1 million tons per year. The reserves of the Rostovskaya…
Kemerovo region authorities and the Polysayevskaya Coal Company LLC have signed a cooperation agreement. This year the company plans to mine 6.8 million tons of coal in the region. On the construction of infrastructure and other industrial objects the company will spend 3.27 billion rubles. Some 682 million rubles will be channeled into the improvement…
Gazprom chairman Alexei Miller and Chelyabinsk Pipe Works chairman Andrei Komarov discussed cooperation. In particular, they spoke of the large diameter pipe supplies. They also discussed development of pipes for sea deposits and new types of joints. The companies have a program of cooperation in 2015-2020. (Ukrainian metal)
In May Kazakhstan produced 0.407 million tons of steel, up by 5.9% YoY and by 12.7% MoM. In January-May steel manufacture grew by 3.9%, to 1.935 million tons. Ferroalloys output totaled 0.181 million tons, up by 4.1% YoY and by 7.6% MoM, with 0.842 million tons produced in 5 months, up by 2.7%. Copper manufacture…
Sredneuralsky Copper Smelting Works has put into operation the Vanyukov furnace No. 1 after capital repairs. The project envisioned the repair of the metallic frame of the furnace, loading tract, matte and slag mixers, refractory lining, etc. SUMZ repairs furnaces every two years. Thus, each year one of the SUMZ furnaces is repaired. (Ukrainian metal)
Evraz and the Russian Railroads have launched the system of electronic workflow. Each month Evraz sends to RZhD some 300 packets of paper documents. Each packet has dozens of documents. The switch to the electronic workflow will decrease time to prepare and send the primary documents from 8 to 1-2 days. The process took around…
Metal products for the construction of stadiums for the World Cup were supplied by Severstal, Mechel, Evraz, Metalloinvest, TMK, OMK, NLMK and MMK. According to the Russian Steel Association, the 8 major companies supplied 200 thousand tons of rolled metal. NLMK accounted for almost 25% of all the deliveries (49140 tons). The company metal was…
