ArcelorMittal Kriviy Rih has concluded an agreement on financial leasing with OTP Leasing for the purchase of 4 CZ Loko locomotives. The EffiShunter 1600 machines with the combined cost of EUR 9 million will be supplied in 2020. “CZ Loko is one of the major railroad machinery enterprises in Central Europe. Our company will be…
In January-June Severstal purchased 12.2 billion rubles worth of goods and services from the Vologda region enterprises, up by 5 billion rubles YoY. The share of the region in the group combined procurement reached 17%. The increase is due to the major investment program at Cherepovets Iron and Steel Works. (Ukrainian metal)
Chelyabinsk Iron and Steel Works has started manufacturing a new product at its rail and beam mill – the SVN 27 mine props. These products are in constant demand on the market. When assembling the SVP 27 props, the ChMK produced SVP 22 sections are also used. “This is the 72nd size of the product…
In January-June industrial products sales grew by 5.4% YoY, to 1.28 trillion UAH. 305.1 billion UAH worth of products, or 27.4%, were exported. According to the State Statistics Service, Ukraine sold 85.5 billion UAH worth of metallic ores, up by 23.5%, including 50.8 billion UAH exported, or 59.4%. Pig iron, steel and ferroalloys sales dropped…
Mining and Metallurgical Union cannot check Solton-Sary field, Chairman of the Central Committee of the Trade Union Eldar Tadzhibaev reported. According to him, the field employs more than 200 Chinese workers and about 130 local workers. It is not right. “Taking into account unemployment, the lack of demand for work and the presence of appropriately…
The total number of valid licenses for the right to use subsoil was 2,440 in the first half of 2019, the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan reported. At least 475 of them were issued for gold, 104 – for metals, 326 – for coal, 58 – for oil, 1,062 –…
In July Northern Railroad transported some 5.7 million tons of cargo, up by 8.6% YoY. Throughput in January-July grew by 5.6%, to 38.2 million tons. In particular, the Northern Railroad transported 5 million tons of ferrous metals, up by 1.3%, 2.7 million tons of coal, up by 31.9%, 2 million tons of non-ferrous ore, up…
By 2021 Sibenergougol intends to have constructed a coal-processing factory in the Kemerovo region with the investments of 3 billion rubles. Processing capacity will reach 3 million tons of coal per year. The enterprise will be producing the PCI coal used in metal industry. In 2019 Sibenergougol intends to keep its coal output on the…