Metinvest has gained control over 73% of Dneprovsky By-Product Coke Plant shares. In 2014 the group applied to the Antimonopoly Committee of Ukraine to buy the controlling stake in Dneprodzerzhinsk By-Product Coke Plant, which was renamed in 2017. A year ago the Committee approved of the deal with some limitations. In particular, the group was…
Trubodetal has successfully passed its second annual supervisory audit by the American Petroleum Institute, API. Following the inspection the company has confirmed the correspondence of its quality management system to ISO 9001:2015 and the new edition of API Spec Q1 Edition 9, which sets additional requirements to oil and gas industry enterprises. The inspection has…
In January Russia exported 3.14 million tons of ferrous metals, down by 6.5% YoY. According to the Federal Customs Service, exports without pig iron, ferroalloys, wastes and scarp totaled 2.198 million tons, down by 7.3%. Sales of carbon steel semi-finished products decreased by 4.1%, to 1.252 million tons, and of flat rolled metal – by…
Vostsibugol Company LLC has increased the statutory capital of its daughter company Razrez Cheremkhovugol LLC (Irkutsk region) from 100 thousand rubles to 1.67 billion rubles. Moreover, in January the company increased its share in the Irbeyskiy Razrez LLC (Krasnoyarsk region) to 100%. The increase of the statutory capital is due to consolidation of coal and…
KVOiT, Tula region, has produced and delivered the first batch of metal structures to Trest Sevzapenergomontazh, the contractor of the Arctic LNG 2 construction. According to the contract, KVOiT has to produce 400 tons of metal structures for the project. So far, 20 tons have been shipped. The structures are used in the assembly of…
Severstal Distribution is supplying rebars for the construction of a new bridge over the Sheksna River in Cherepovets. Some 400 tons of rebars with the diameter of 12 to 25 mm will be delivered in February-March. The company warehouse in Cherepovets is next to the construction site. The rebars are delivered in batches, when needed.…
In December 2019 Russia exported 34 thousand tons of zinc ore and concentrate, down by 11% MoM and by 23% YoY. Deliveries to China remained unchanged at 23 thousand tons, but to Kazakhstan dropped 2-fold, to 6.2 thousand tons. In 2019 exports totaled 313 thousand tons, down by 14% YoY, and by 33% in monetary…
In December 2019 Russia exported 1.6 thousand tons of raw chrome, down by 13% MoM and by 2% YoY. Deliveries to US dropped by 6%, to 476 tons, and to the Netherlands – by 20%, to 936 tons. In 2019 exports totaled 19 thousand tons, flat YoY, but decreasing by 23% in monetary terms. Price…