Russian oil companies Rosneft, Lukoil, Gazprom Neft, Surgutneftegas and Tatneft have asked Prime Minister Dmitry Medvedev to allow them selling used oil and gas pipes or using them for construction. Oil companies used to sell used pipes as scrap metal or used up to 80% of the old pipelines for construction. The sold pipes sometimes…
In March Sverdlovsk railroad transported 12.3 million tons of cargo, up by 2% YoY. In January-March transportation grew by 1.6% YoY, to 34.4 million tons. In particular, the railroad transported 2.7 million tons of ferrous metals, up by 10.9%, 518.6 thousand tons of scrap (+4.6%), 3.1 million tons of iron and manganese ore (+9.2%), and…
KMK-Partners has become a resident of the Belogorsk advanced development territory in Amur region. This is the seventh resident registered in the territory. Next year the company will start producing construction metal structures. It intends to produce some 4 thousand tons of metal structures per year. The company will also repair construction machines. Investments in…
The Central electrotechical laboratory of Evraz NTMK has turned 60. The order to create the laboratory was signed by the first director of the works in 1959. Now the laboratory performs some 18 thousand control and repair operations of 415 machines, 889 power transformers, and 20 thousand electric appliances. This year the laboratory, employing 74…
Ferrexpo plc, controlling Poltava and Yeristovo Mining and Processing Works, has paid bills for the combined amount of $173 million. Ferrexpo is expected to get EBITDA of $500 million in 2018 as opposed to $551 million in 2017. In January-June 2018 its net profit fell by 29.4% YoY, to $152.21 million, while its revenue grew…
