In July-September Yakutugol increased coal output by 2% QoQ, to 1.7 million tons. Rock excavation grew by 7%, to 12.5 million cubic meters. “Our employees are continuing implementing one of our chief goals – raising the volume of excavation works. For this we have carried out a major modernization – we have replaced our mining…
Chelyabinsk Iron and Steel Works has produced a wide range of rolled metal for the construction of major road infrastructure in Moscow. In particular, rebars, sheets and flanged beams were used in the construction of the southern alternate route to Kutuzovsky avenue, as well as northeastern and southeastern spans. Some 6 thousand tons of metal…
In January-September Severniy Mining and Processing Works increased pellets output by 1% YoY, to 6.55 million tons. Concentrate manufacture grew by 13.4%, to 9.15 million tons. In September SevGOK produced 422 thousand tons of pellets and 923 thousand tons of concentrate. (Ukrainian metal)
In January-September Ukrainian ports transshipped 18.3 million tons of iron ore raw materials, up by 35% YoY. At the same time export growth rate in September dropped by almost 2%. In 8 months transshipment grew by 36.9% YoY, to 16.3 million tons. Yuzhniy port increased throughput by 43%, to 15.5 million tons and port Chernomorsk…
In September Izhstal increased steel and rolled metal output. In particular, steel manufacture grew by 3% YoY, to 18.3 thousand tons, and rolled metal – by 4.5%, to 29.8 thousand tons. The company has mastered the manufacture of 800 steel grades. It can produce rolled metal with round (6.5-200 mm), square, hexagonal and strip sections.…
By the decision of the World Steel Association members at the annual meeting the Corporation of the Ferrous Metals Manufacturers (Chermet Corporation) has been accepted as an affiliated member. This category is reserved for industry associations, as well as scientific and technical organizations acting in the interest of developing the metal industry. The membership in…
Cherepovets Iron and Steel Works (CherMK), one of the largest integrated steel plants in the world (a part of Severstal’s Russian Steel division), has announced plans to increase the amount of electricity it generates using by-product industrial gases. CherMK consumes 5.9 billion kWh of electricity per year, 78% of which the plant generates itself. As…
Metalloinvest has signed an agreement with MUFG for ECA-backed financing in the amount of EUR 9.9 million. The loan will be used for the technical re-equipping of CCM-3 at OEMK, with the equipment supplied by Inteco melting and casting technologies GmbH. Insurance cover will be provided by Oesterreichische Kontrollbank AG, the Austrian export credit agency.…