Alexander Tischenko has been appointed the managing director of the Oskol Electrometallurgical Works. Previously he has been the chief engineer of the company. In 2011-2018 the company was headed by Nikolai Shlyakhov. The new chief engineer of OEMK is now Sergey Shishkovets, ex-manufacturing director. In 2017 OEMK produced 4 million tons of iron ore pellets,…
The Expert RA rating agency has confirmed Metalloinvest rating at the ruAA- level with positive outlook. The analysts have positively estimated the financial and operational results of the group in 9 months of 2018, including its vertical integration, high added value output growth and prime cost level control. The increase in profitability and optimization of…
Russian aluminum producer RUSAL has appointed Independent Director Jean-Pierre Thomas as the chairman of the board of directors, the company said in a statement on December 28. The decision will enter in force from January 1, 2019. Thomas was appointed as an independent director in June. According to a Reuters report, the appointment of a…
Donetsk metal industry decreased output in January-November by 3.5% YoY. At the same time coal mining grew by 11.1%, to 10.6 million tons. Coke manufacture increased by 9.1%, to 4.8 million tons. Pig iron output totaled 7.5 million tons, down by 0.5%, steel – 7.2 million tons, down by 3.5%, and rolled metal – 3.6…
This year the DTEK Pavlogradskoye Mine Group extracted 4 million tons of coal, enough for one heat and power plant operation for a year. “To reach this amount, we have invested 300 million UAH in new machinery and repairs”, the company said. Since the start of the year the mine group has put into operation…
In November Russia produced 5.68 million tons of steel, down by 4% YoY, with 5.866 million tons of steel manufactured in October. In 11 months steel output grew by 0.9% YoY, to 65.812 million tons. Ukraine, though no longer a part of CIS, decreased steel output in November by 11.2% YoY, to 1.658 million tons…
In 2018 Rusolovo produced 1.5 thousand tons of tin concentrate at its deposits in Khabarovsk region. The output grew by 50% YoY. In 2019 it is expected to increase manufacture to 2 thousand tons. By late 2022 Rusolovo plans to have commissioned a mining and processing works at the Pravourminskoye deposits, increasing tin concentrate output…
Belarus Iron and Steel Works has signed an agreement with Continental concern to supply 32.8 thousand tons of metal cord in 2019. This is the record high volume in 23 years of the companies’ cooperation. The companies started cooperating in 1995 with 15 thousand tons of metal. In 2018 BMZ shipped some 30 thousand tons…
