A mining works to process titanium-zirconium ores will be built in Aktyubinsk region. The Martuksky district has the Shokash deposit with the reserves of 9.5 million cubic meters of ore. The ore is currently processed at a pilot factory with the capacity of 120 thousand tons per year. The new works will have the capacity…
In January-September PMH increased pig iron manufacture by 2% YoY. In Q3 the growth was 3%. Coke output grew by 7% in 9 months mostly due to the increased demand on export destinations. Coal concentrate decreased because of the drop of available coal for processing. The mine named after Tikhov in Q3 increased output by…
Magnitogorsk Iron and Steel Works (MMK) has successfully completed the first stage of a large-scale project to implement a unified corporate information system (CIS) based on Oracle R12 for the group’s organizations. The two organizations transferred to MMK’s unified corporate system were United Service Company (which provides a range of maintenance and repair services) and…
Chelyabinsk Iron and Steel Works has started manufacturing a new type of products at its rail and beam mill – uneven angles with the size of 160×100 mm. Such angles are widely used in metal structure construction and manufacture of railroad cars. Uneven angles at ChMK are produced by hot rolling, as such wares have…
ArcelorMittal Kriviy Rih has opened its third metal warehouse in Kyiv region from where it plans to sell some 5-6 thousand tons per month. This is the company’s 11th warehouse. Earlier this year additional sales sites have appeared in Odessa and Dnipro. The capacity of the new site is 10 thousand tons of metal. It…
Lisichanskugol has ordered Skamex LLC the repair of a conveyer for 42.1 million UAH. This year the company has to repair the SP326-50.11.1 conveyer with the length of 210 meters. The agreement presupposes the advance payment of 70%. The guarantee term of the repaired machinery is 1 year. The price of the repair is 14%…
Since August state mine groups have concluded 4 agreements for the processing of coal valued at 5.94 million UAH. Lisichanskugol ordered processing of 30 thousand tons of coal for 110 UAH per ton (3.3 million UAH) to Coal Power Complex Processing Factory LLC. Pervomaiskugol paid 2.24 million UAH to Obogatitel Industrial Company LLC for 22600…
In January-June United Mining and Chemical Company increased its net profit by 42.8% YoY, to 234.859 million UAH. Last year net profit totaled 114.887 million UAH, and net sales income – 3.214 billion UAH. The state enterprise started operating in August 2014, when the government transferred the Irshansk Mining and Processing Works and Volnogorsk Mining…
