Virdy Bikram has been appointed the Chief Procurement Officer, PJSC ArcelorMittal Kriviy Rih. In this position, Bikram is responsible for supply of raw material resources, equipment for investment and strategic projects, materials and services. Virdy Bikram: “I am glad to join PJSC ArcelorMittal Kriviy Rih’s team. I believe that my diverse experience in management and…
The state enterprise Vostochniy Mining and Processing Works has ordered Poltava Ventilator Works the delivery of ventilation machinery for 37.1 million UAH. By the end of 2019 the company has to supply, assemble and commission the main ventilation machine for the Novokonstantinovskaya mine in the village of Alekseevka in Kirovograd region. The equipment has to…
In October Zaporizhstal produced 329.5 thousand tons of steel, down by 2.3% YoY. According to the company statement, pig iron manufacture dropped by 0.9%, to 369.1 thousand tons, while that of rolled metal grew by 8.4%, to 286.9 thousand tons. In January-October steel output increased by 5% YoY, to 3.431 million tons, pig iron –…
Cherepovets Iron and Steel Works is going on with its autumn repair campaign. In its framework the company has completed the capital repairs of the sintering machine No. 8 in the coke and sinter blast furnace shop. “We have paid special attention to the environmental part of the machine and units, which influence the quality…
By 2025 the aluminum market of Russia will have reached 2.8 million tons. According to Valentin Trischenko, the chairman of the Aluminum Association, the main component of the development is the transition from the raw materials exports to deep processing. To reach this goal, it is necessary to increase import-replacing products manufacture, expand the usage…
NLMK-Metiz has started packing galvanized and thermally untreated wire without coating in stretch-film in addition to steel bands. The new type of packaging has been introduced following requests from customers. The stretch-film protects surface of the wire from the influence of external factors and mechanical damage during long-term transportation and storing. The first batch of…
In January-September MMK net profit grew by 31.7% YoY, to $1.072 billion. Consolidated revenue increased by 11.7%, to $6.252 billion, and EBITDA – by 30.6%, to $1.881 billion. In Q3 the company increased profit by 2.3% QoQ, to $401 million, but decreased revenue by 0.7%, to $2.091 million. EBITDA went up by 3.2%, to $671…
DTEK ESKO has installed 1.5 thousand ceiling LED-lamps in the sheet-rolling shop of Mariupol Ilyich Iron and Steel Works. The new lamps will make the work of the employees safer and more comfortable, as well as decrease electricity consumption by 60%. The modernization of the lighting system presupposes the installation of 2.2 thousand LED-lamps. This…