Cherepovets Iron and Steel Works has finished a series of capital repairs in its steel manufacture. In particular, the company has repaired continuous casting machines Nos. 1, 3 and 5, rotary kiln No. 5 and the ladle furnace No. 1. Moreover, while repairing the converter No. 2, an investment project has been carried out thanks…
Magnitogorsk Iron and Steel Works turns 87. The birthday of the Russian metal giant is February 1, 1932, when the first pig iron was produced at the first blast furnace. In a year MMK added open-hearth manufacture and started producing steel. In August 1934 the mill-500 was commissioned. In 2018 MMK produced 12.7 million tons…
Specialists have started assembling and welding the first belt of the blast furnace No. 3 jacket at Cherepovets Iron and Steel Works. Metal structures for the jacket have been produced by Vitkovice, the Czech Republic. Rolled metal for the jacket was produced at the mill-5000 in Kolpino. With the new jacket the blast furnace will…
Donetsk Iron and Steel Works could again suspend operation. According to a well-known blogger, ex-terrorist Yevgeniy Tinyansky, who is now in the opposition to the current authorities of the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia, he has information that because of the lack of raw materials the blast furnace…
The Teghut mine might get re-launched, according to Minister of Economic Development and Investments Tigran Khachatryan. When asked about the chances of Teghut resuming operations, the minister said: “Yes, there is hope, nothing is hindering them to start restoration works after clarifying their relations with the bank,” he said. In 2017, Teghut produced and exported…
In 2018 Metalloinvest produced 5.1 million tons of steel, up by 6.2% YoY. Pig iron manufacture grew by 12.6%, to 3 million tons. HVA products sales share was 43%. In 2018 Metalloinvest produced 40.4 million tons of iron ore, up by 0.2% YoY, and in Q4 – 10.3 million tons, up by 3.5% QoQ. The…
In 2018 combined coal output at all Raspadskaya Coal Company LLC enterprises increased by 11%, to 12.7 million tons. In particular, the Raspadsky pit increased mining by 26%, and Raspadskaya-Koksovaya – by 297%. Raspadskaya mine extracted 6 million tons of coal. Coal concentrate sales increased by 7%, to 7.4 million tons. Coal sales grew by…
The Cabinet of Ministers could provide 450 million UAH to pay for electric energy consumed by state coal mining enterprises in 2019. According to the Cabinet order, these expenses will be covered from the state budget reserve fund. Because of large debts of state mines for electricity there are no companies wanting to supply it…