Anton Zakharov, economy director at Metalloinvest, has been appointed the managing director of Mikhailovsky Mining and Processing Works. Until a new economy director is appointed, Zakharov will perform the duties as well. In 2010-2016 Zakharov was working in the economy directorate of Metalloinvest. In 2016-2019 he was project director at USM Management LLC. In February-November…
Chelyabinsk Pipe-Rolling Plant had the first meeting of its new board of directors on February 28. Andrei Komarov has been re-elected to the office of the chairman of the board and the chairman of the corporative management committee. The new board also includes the Pervouralsky Novotrubniy Plant chairman of the board Alexander Fedorov, ChTPZ CEO…
NLMK Indiana and NLMK Pennsylvania, subsidiaries of the Russian steelmaker Novolipetsk Steel (NLMK), have filed a suit to the U.S. court of International Trade asking it to consider a denial of the U.S. Treasury Department to exclude Russian steel slabs from import duties under section 232 of the U.S. Trade expansion Act, NLMK said. Operations…
The Cabinet of Ministers has transferred 654 million UAH to pay salary to state coalminers. The Ministry of Energy and Environment Protection also intends to clear debts to state miners in the next couple of months. This year, the state budget envisions 1.96 billion UAH for the matter. (Ukrainian metal)
Evraz ZSMK casting shop has produced 4 million tons of castings so far. The latest products were the 20-ton steel slag pan and a commemorative plaque. The plaque will be hung on the administration building of the shop. Last year the shop mastered the manufacture of slag pans for the company and casting ingots for…
Mikhail Voyevodin, VSMPO-Avisma CEO, has enumerated the main investment projects to be carried out in 2020-2021. In particular, the corporation will start assembling a plasma furnace in the shop No. 32. Moreover, money has already been paid for the construction of the stamping complex in the shop No. 37. Next year a press with the…
In 2019 Susumanzoloto received 3.139 billion rubles of net profit, up by 52% YoY. Revenue grew by 15%, to 18.171 billion rubles. The company sold 6103.8 kg of gold, up by 30.9 kg YoY. Sberbank and VTB were the main customers. Sales profit totaled 4.345 billion rubles, up by 45%. (Ukrainian metal)