In 2018 the Industrial Metallurgical Holding enterprises increased output. Thus, Tulachermet produced 2.34 million tons of pig iron, up by 3% YoY. The company operated two furnaces, which were repaired in July-August 2017 and in August 2018. Coalmining enterprises had a task of decreasing ash content in coal. The Butovskaya mine was able to decrease…
Vyksa Iron and Steel Works increased sales of railroad wheels by 25% YoY in 2018, to 860 thousand pieces. This is the highest result in the company 45-year history. The previous record of 850 thousand wheels was set in 2012. “The increase of railroad wheels manufacture and sales has to do with the high demand…
NLMK Group has sold 100% of its stake in NLMK Accounting Center to Fletcher Group Holdings Limited for a total of 23.9 million rubles. NLMK Accounting Center will be used as a platform for setting up a single service company, NLMK Corporate Solutions Center, that will provide services to NLMK Group companies and Universal Cargo…
In 2018 VIZ-Stal increased output by 5% YoY, to 170.4 thousand tons of transformer steel. The loading of capacities was high – 99%. Sales also grew by 5%, to 168.2 thousand tons. Exports accounted for 77%. The main customers were India, Turkey, Near East and North America. (Ukrainian metal)
This year Kuzbass region intends to commission 6 coal objects. In particular, these are two pits – Chernokaltanskiy (Ugletrans LLC) and March 8 (SDS-Ugol) with the capacity of 2 million and 1 million tons of coal per year respectively. Combined they will create 450 jobs. Moreover, coal companies plan to put 4 processing factories into…
Interpipe NTZ has completed an investment project to modernize a pipe heat treatment site in the pipe-rolling shop No. 4. The cost of the project is $5 million. “The modernization of heat treatment at NTZ is one of our most important investment projects. The existing water supply system was outdated. Now we can increase the…
