In 2018 TMK Chermet invested 120 million rubles in development. In particular, the company has purchased 28 new machines – KamAZs with cranes and manipulators, Volvo bolster-type tractors and semi-trailers, as well Liebherr unloaders. The company has also invested in the modernization of weighing and radiation control machinery, as well as restored over 5.5 thousand…
Severstal Russian Steel has completed the autumn repair campaign at Cherepovets Iron and Steel Works and Severstal Bar Works Balakovo. Overall the group has carried out 10 capital repairs valued at 1.8 billion UAH. In particular the blast furnace No. 2, converter No. 3 and mill-2000 have been repaired. The latter allows now producing sheet…
In 2018 Metinvest gave 150 million UAH for social projects in Mariupol, investing over 1.4 billion UAH in environment protection. The city health industry received over 16 million UAH, and education – some 20 million. The group also helped repair the Theater Square and construct a fountain, spending 35 million UAH. Investment in environment protection…
The US Department of Trade will keep the antidumping duties on the delivery of construction steel rebars from Ukraine and some other countries. The third revision of the duty terms was initiated on June 1. On December 7 the results were published. US still believe that the cancellation of the duties will result in the…
149 days ago EU set a quota for the delivery of metal from Ukraine. The quota will be valid for 51 days more. As of December 14 Ukraine has supplied 2.4 million tons of hot-rolled metal to EU, or 58.11% of the quota. Cold-rolled metal quota has been 47.18% fulfilled (622.1 thousand tons), alloyed and…
DCH has extended the office of the Dneprovsky Iron and Steel Works CEO Gennady Bergman. He will be in the office until December 31, 2019. The decision was taken by the supervisory board on December 14. DCH purchased DMZ from Evraz in March. (Ukrainian metal)
Russia is suffering from the shortage of silicon metal. All the metal is purchased in China or EU. Thus, Italian Tenova and Codest decided to create a silicon cluster. The project includes the construction of a plant to produce silicon metal with the capacity of 36 thousand tons per year. Investments will reach $134.5 million.…
According to the Federal Service of State Statistics, rolled metal output in January-November totaled 56.3 million tons, up by 2.3% YoY. In November manufacture dropped by 0.6% MoM, but grew by 4.6% YoY. In 11 months Russia produced 47.4 million tons of pig iron, down by 0.2% (down by 2.8% MoM, but up by 1.7%…
