In January-March, the service metal center of Severstal Distribution in Riga produced 65 thousand tons of metal, up by 2.5% from the previous record set in Q2 2018. Moreover, for the first time in March the enterprise produced 13.4 thousand tons of hot-rolled metal in one month. In the past several years Riga SMC has…
Severstal – Bar Works Balakovo has finished scheduled capital repairs of the main and auxiliary machinery. The cost of the repair exceeded 40 million rubles. The repair covered machinery in the electric steel smelting shop. (Ukrainian metal)
In January-March, Russia decreased production of unalloyed steel and semi-finished products by 0.2% YoY. In March the output totaled 4.8 million tons, down by 7.4% YoY and by 0.1% MoM. According to the Federal Service of State Statistics, stainless steel manufacture dropped by 14.3% YoY, but grew by 13.4% MoM, to 14.3 thousand tons. In…
Rostov Electrometallurgical Works LLC has been declared bankrupt. The claims to the company amount to 10.4 billion rubles. REMZ is one of the largest metal companies in the Rostov region. Its capacity is 730 thousand tons of steel and 530 thousand tons of bars per year. Revenue in 2017 totaled 1.09 billion rubles, and net…
Russia’s United Metallurgical Company (OMK) has launched construction of a 50-billion ruble seamless pipes facility at its subsidiary Vyksa Iron and Steel Works. “The goal of the project is to satisfy current and future demand in line and threaded seamless pipes, including pipelines for difficult production conditions and directional drilling by oil and gas companies…
Interdepartmental Commission has visited uranium deposit and measured the background radiation level, YurAsia company reported. The radiation background in the camp ranges from 30 to 72 micro-roentgens per hour, and at the quarry – 75 micro-roentgens per hour. The radiation background rose to 130 micro-roentgens per hour at the mining site. After the completion of…
DTEK has limited electricity supplies to the state enterprise Mine named after Surgay in Ugledar, Donetsk region. “On April 22, the electricity supplies to the mine were limited because of the debt of 322.5 million UAH”, the company said. The Ministry of energy, the State Service of the energy supervision and the city council of…
