Russia: KMAruda profits up in 2016

In 2016 KMAruda received 566 million rubles of net profits, up 1.7-fold YoY. According to the company statement its income rose by 7.9%, to 5 billion rubles. “The positive dynamics was provided by the increase in revenue and the concentrate price”, the company said. The works was also able to cut expenses by slightly decreasing…

Russia: Novatek interested in Tyumen region metal structures

The Russian oil-and-gas company Novatek has announced the gathering of the information on the level of technical and manufacturing capacities of metal suppliers from Tyumen region. In particular, the company is interested in the information on the technological pipelines, pipe valves, heat-exchanging machinery, heating equipment, pipe wares, crane and lifting equipment, as well as metal…

Ukraine: EMSS losses down in 2016

In 2016 Energomashspetsstal received 1497.9 million UAH of losses, down 2.1-fold YoY. According to the company statement, in 2015 its net losses increased by 21% YoY, to 3210 million UAH. In 2016 the company assets decreased by 5.4% YoY, to 4054 million UAH, including accounts receivable by 8%, to 350.81 million UAH, with current liabilities…

Russia: Khabarovsk region has gold for 34 years

Since 2014 investments into the mining industry of the Khabarovsk region totaled 16 billion rubles. Belaya Gora Mining and Processing Works increased ore processing by 10% in 2 years. In 2016 Polymetal put into operation a GOK at the Svetloye deposits. Amur Zoloto LLC has resumed operation at the Yubileinaya gold factory, and the Ayano-Maysk…

Russia: raw copper output up in January-February 2017

In January-February Russia increased raw copper output by 1% YoY.

According to the Federal Service of State Statistics, copper alloys output dropped by 18.7%, rods and sections – by 37.3%, but wire production rose by 38.3%, and foil – by 80.2%. (Ukrainian metal)

Russia: NTPZ increases product range

The Noginsk Pipe-Section Works has started manufacturing a new type of product: arc-welded section pipes with 110x110x6 mm size of 09G2S steel and 55x55x2 mm of 3SP.

The first products have been manufactured for the end customer.

In future NTPZ intends to produce such pipes on regular basis. (Ukrainian metal)

Russia: OMK best oil-and-gas pipes producer

In 2016 the United Metal Company was named the best Russian pipe manufacturer for oil-and-gas industry. According to the company marketing and strategy director Ilya Kolomiets, the title was the result of a questionnaire poll of over 30 companies representing the industry, including Gazprom, Gazprom neft, Surgutneftegas, Sibur, etc. The award was presented at the…

Russia: Evraz NTMK not polluting air

The new site of the vanadium slag fine grinding at the foundry shop of Evraz NTMK has assembled new tubular filters of the exsufflation system. The machinery guarantees the environmentally clean manufacturing process and the improvement of the labor conditions. 229 exsufflation filters have been put into operation. Over 40 tons of dust per day…