Uralelectromed has started constructing a new warehouse to store sulfur acid. The commissioning of the warehouse is scheduled for December. “The new warehouse will decrease sulfur acid store volumes almost two-fold at the same time improving the efficiency of the acid loading to manufacturing shops”, the company chief engineer Alexei Korolev said. The size of…
In May Beloretsk Iron and Steel Works increased metal wares sales by 19% MoM, to 39 thousand tons. Machine-building, car manufacture and construction industry were the main drivers behind the growth in sales. The sales of welding alloyed wire and steel sections for car industry increased by 63% and by 51% respectively. The sales of…
In January-April Russia imported 2.174 million tons of ferrous metals, down by 15.6% YoY. In April imports grew by 4.83% MoM, to 0.66 million tons. The import of ferrous metals excluding pig iron, ferroalloys, waste and scrap totaled 1.73 million tons in 4 months, down by 8.3%, with April imports up by 3.92% MoM, to…
NLMK Group, a global steel company, has won a Silver award at the international Step Two Intranet and Digital Workplace Awards 2019 for the launch of its Intranet portal, which extends to all employees, promotes automation of business processes and enhances personnel engagement. The jury honored the main achievement of the NLMK project: the company…
The commercial court of the Dniepropetrovsk region has satisfied the claim of Spirit Finance LLC to the Yuzhniy Mining and Processing Works and decided to recover 1.3 billion UAH from the latter. In September 2017 the UGOK shareholders decided to pay dividends of 16.16 billion UAH (10.16 UAH per ordinary share). In due time the…
