Russia: Magnezit gets large Mitsui order

The Magnezit Group, the largest manufacturer of refractory materials in Russia, has signed a memorandum of cooperation with Mitsui Bussan Metals Co Ltd (Japan) on the delivery of 4 thousand tons of refractories by 2020. In particular, the companies intend to conclude a long-term contract for the delivery of 4 thousand tons of fused magnesia.…

Russia: MMK recognized by the Ministry of Natural Resources and the Environment for its active environmental policy

Magnitogorsk Iron and Steel Works was awarded by Russia’s Ministry of Natural Resources and the Environment for its active environmental protection policy. Government experts awarded MMK top marks for its large-scale environmental projects this year. The awards ceremony took place on December 12 at the Ministry’s Federal Environmental Council in Moscow. MMK’s Director of Occupational…

Russia: LMZ SKAD output up

SKAD Casting-Mechanical Plant (Krasnoyarsk region), one of the largest aluminum alloys wheels manufacturers in Russia, this year has increased output by 27% YoY, to 1.2 million wheels. So far exports account for 40% of sales. In 2018 the company will increase investments in modernization and development. This will allow SKAD to increase output by 200-250…

Ukraine: UGOK appoints board member

The supervisory board of Yuzhniy Mining and Processing Works has appointed Elena Sherstyuk, the ex-financial director of Evraz Sukhaya Balka, a member of the board. The decision was taken on December 15. Sherstyuk has replaced Anna Orlova, who in 2006-2011 was the financial department director at Zapadnosibirsky Iron and Steel Works, in 2011-2014 a member…

Ukraine: Metinvest capital investments up in January-September 2017

In January-September Metinvest increased capital investments by 55% YoY, to $308 million. The mining segment accounted for 55% of investments as opposed to 48% in January-September 2016, while metal segment for 43% (51%). Investments in the metal segment went to Mariupol Ilyich Iron and Steel Works and Azovstal. While mining investments were transferred to Severniy…

Russia: NLMK Group offering “Steel Tree” environmental program grants to local communities

NLMK Group, an international steel company with operations in Russia, the USA and the European Union, expands the perimeter of its “Steel Tree” environmental program and announces the launch of target grant allocation to local communities and NGO’s in Lipetsk region, Stary Oskol (Belgorod region) and Zarinsk (Altai region), where NLMK’s key companies are located.…

Russia: Metal Profil expanding in CIS

This month all the Metal Profil products have appeared in Kyrgyzstan. Bishkek citizens were able to start purchasing some materials in October. “Kyrgyzstan is one of the most actively developing countries in the CIS. Having started supplying products to Bishkek we are now able to fully satisfy the needs both of large dealers and private…