President of Kazakhstan Kassym-Jomart Tokayev has visited the Aktobe Ferroalloy Plant of the Transnational Company Kazchrome JSC. The Head of State got familiar with the industrial process and the performance indicators of one of Kazakhstan’s metallurgy flagships. Besides, the People’s Oversight project, in which people with disabilities are involved in ensuring occupational health and safety…
The electric arc furnace No. 5 has been put into trial operation at the electric shop No. 2 of Krasniy Octyabr. The volume of the furnace is 200 tons. The furnace has not been operating for a year. It was shut down in May 2018 in order to assemble gas-purifying equipment. (Ukrainian metal)
Gennadiy Urbanov, director of the Inaglinskaya mine, has held some business meetings in the Czech Republic and Poland. In particular, on May 20, he had a meeting with Ferrit management. It was agreed that the company would expand its service maintenance at the Denisovskaya mine as well as supply spare parts for the monorail diesel…
Chelyabinsk Iron and Steel Works has produced 750 tons of rebars for the construction of a thermal and electrical power plant in Tatarstan. The plant is being constructed in the industrial district of the Nizhnekamsk city. Its main fuel will be Nizhnekamskneftekhim gas. (Ukrainian metal)
In January-April, Russia produced 20.4 million tons of rolled metal, up by 0.2% YoY, and 17.1 million tons of pig iron, down by 1.1%. In April output dropped by 4.9% MoM and by 4.1% YoY as well as by 3.2% MoM and by 3.5% YoY respectively. Pipe companies decreased output by 2.6% YoY in 4…
The output capacity of the Liskimontazhkonstruktsia pipe complex will be increased. In particular, the company intends to increase stainless steel pipe manufacture to 11 thousand tons. Last year the company shipped 370 tons of stainless pipes to Novatek. The manufacturing site was officially opened in June 2017. (Ukrainian metal)
Novoorlovsky Mining ad Processing Works developing the Spokoyninskoye tungsten deposit in Zabaikalye region intends this year to increase output by 55% YoY, to 1327 tons of concentrate. Last year the company did not mine tungsten and processed ore from old tails. In particular, the GOK processed 728.6 thousand tons of ore and produced 857.7 tons…
Shareholders of VSMPO-Avisma decided to pay 873.42 rubles per share as dividends for 2018. For H1 2018, shareholders received 756 rubles per share in dividends. Thus, the total amount of dividends reached 8.7 billion rubles. Shareholders have also discussed a strategic development program until 2026. It is intended to invest over $700 million. (Ukrainian metal)