Lime manufacture in January-July increased by 4% YoY, to 1.2 million tons. Dniepropetrovsk and Donetsk regions are still the major producers, accounting for 68% of the total output. The growth is due to increase of lime output at Mariupol Ilyich Iron and Steel Works and Azovstroymaterialy. The 10 largest manufacturers accounted for 86% of lime…
In July Energomashspetsstal shipped a batch of rolls for rolling mills to the Mariupol Ilyich Iron and Steel Works. The corresponding agreement was concluded in November 2018. The batch comprised of 7 supporting rolls with the combined weight of over 200 tons. Among them was a bulk roll weighing 120 tons to be used at…
In January-June aluminum prices at LME dropped by 17.3% YoY, to $1826 per ton. This has become one of the reasons of Rusal revenue decrease by 5.2%, to $4736 million. Sales grew by 13.2%, to 1978 thousand tons, but the average price fell by 15.6%, to $1960 per ton. Alumina sales revenue totaled $340 million,…
Aleksandrinskaya Mining Company has started implementing the ERP system. The system allows combining and automating the main processes at the enterprise – from purchasing and technical maintenance of the machinery to finance and personnel management to manufacture planning. The system consists of 7 blocks. It will replace the outdated and segmental sets of accounting programs.…
In July Zlatoust Electrometallurgical Works produced 5182.9 tons of liquid steel, up by 3.8% from the target. In particular, the electric arc shop No. 2 produced 4667.1 tons. The company also produced 5089 tons of rolled metal, including 80% of high-alloyed and stainless steel grades. The mill-750 produced 2863 tons (up by 1.4% from the…
Fincraft Resources has started consulting on the issue of listing its nickel and cobalt mining subsidiary Kaznickel on the Hong Kong Stock Exchange. Until the end of the year the company intends to get $260 million from Kaznickel IPO by selling 25% in it to finance the next stage of the development of its main…
In January-June Susumanzoloto received 5.436 billion rubles of revenue, up by 1.2% YoY. Sales profit grew by 11.9%, to 1.446 billion rubles. Net profit increased by 6.3%, to 996.171 million rubles. This year the company intends to extract 6.5 tons of gold. (Ukrainian metal)
Tatprof is capable of producing over 10 thousand various sections of aluminum, 500 of which are finished products. The others are used in various industries: architecture, car manufacturing, power, defense, space sphere, etc. The company produces around 3.6 thousand tons of sections per month. 7 press machines allow extruding 60 thousand tons of sections per…