Rusal intends to announce the end of the construction of the Boguchansky Aluminum Works first stage in late March. The second line of the first stage will increase the enterprise capacity 2-fold, to some 300 thousand tons. BoAZ is being constructed by Rusal together with Rushydro. The first line with the capacity of 150 thousand…
On March 1, the 470-millionth ton of coal was mined at the Nazarovsky pit, since the enterprise has been put into operation. Last year the output totaled 3.5 million tons, exceeding the target. The 450-millionth ton was produced in 2013. Nazarovsky pit started operating 68 years ago – in 1951. (Ukrainian metal)
Since its commission in 2008, SMC-Kolpino has produced and sold 200 thousand tons of steel products. The anniversary ton was shipped to a European manufacturer of wind plants. In H2 2018 the company received a number of export orders with the combined volume of 10 thousand tons. The shipping was successfully completed in March. The…
The Uralelectromed subsidiary (The Manufacture of non-ferrous metals alloys) has produced a cone-sieve for the copper sulfate shop. Previously the sieve was ordered in Germany and had a thickness of 1 mm. The subsidiary increased the wall thickness to 3 mm, and the sieve proved to be much cheaper in production. At present the cone-sieve…
Chelyabinsk Iron and Steel Works has mastered the manufacture of a new channel type. The 30U channel can withstand considerable pressure and is used in construction and machine-building. The first batch of products has already been shipped to customers. So far ChMK has produced 450 tons of 30U channels, and shipped 340 tons. The rail…
The supervisory board of the Zaporozhye Aluminum Works has not prolonged the contract with the acting CEO Dmitry Lobikov appointing a board member Alexander Zaika instead. The decision was taken at the board meeting on January 30. Zaika was appointed from January 31. He has been appointed the acting CEO until the CEO is elected.…
In 2018 Trubostal received 687 thousand UAH of net losses as opposed to 14.806 million UAH of net profit in 2017. The undistributed profit totaled 21.419 million UAH. The company current liabilities dropped by 4.2%, to 198.088 million UAH, while the long-term liabilities remained unchanged at 9 million UAH. Accounts receivable fell by 15.2%, to…
Azovstal is continuing the construction of a pump station to chemically treat water to cool blast furnace No. 3. The construction of the station started in November 2018. So far 370 tons of metal structures and 23 water pipelines (13.8 km) with the diameter of 300 to 426 mm have been assembled. “This is a…