In January-September UralKuz increased sales by 61% YoY, to 110 thousand tons. Revenue grew by 50%. “The growth has to do with the revival of the market and a high demand for wagon building products. The capacity modernization allowed us reaching a record-high output”, the company managing director Victor Matsenko declared. (Ukrainian metal)
On October 13 the Denisovskaya Factory of Kolmar LLC processed 1 million tons of coal since its commissioning. The factory with the project capacity of 6 million tons per year was put into operation on April 26. “The factory is entering the stable mode of operation. We have reached the quality indexes of production. The…
In January-August Krasniy Octyabr increased stainless steel output by 8.2% YoY, to 36.3 thousand tons. In particular, the Volgograd subsidiary produced 22.4 thousand tons, or 43.7% of the total Russian output, and ZEMZ – 13.8 thousand tons (26.9%), down by 10%, but up by 60% YoY respectively. Thus, the group has occupied some 70.6% of…
The net profit of the Russian steelmaker Severstal surged by 86% YoY, to $1.473 billion in January-September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on October 19. Revenue went up by 14.6%, to $6.495 billion in the period due to favorable prices of steel on the global market…
The sales strategy of the Pavlovskoye deposit on the Novaya Zemlya is focused on foreign markets, Aleksandr Lukin, General Director of PGRK, declared. In 2023 the First Ore Mining Company (PGRK JSC, a company of Rosatom Corporation) is going to put into operation a lead and zinc concentrate production facility on Novaya Zemlya archipelago. Every…
Since the start of the year Chukotka has yielded 546.84 thousand tons of coal, up by 50% YoY. In three quarters Beringpromugol extracted 433.15 thousand tons of coal, with over 300 thousand tons exported to China, Taiwan, South Korea, Vietnam and Japan. This year the company intends to mine 600 thousand tons of coal, and…
Since the start of the year Kuzbass enterprises have mined 136.7 million tons of power-generating coal and 53.3 million tons of coking coal, up by 5.4% YoY. Mines yielded 67 million tons (65.1 million tons in January-September 2017), and pits – 123 million tons (115.1 million tons). In September 22.1 million tons of coal were…
As of October 1 the Sibir team LLC, extracting alluvial gold in Irkutsk region, has washed 59.9 kg of the precious metal. The plan for this year is 145 kg of gold. Thus, the annual plan is only 41.4% complete. Last year, as of October 1, the enterprise yielded 100.1 kg. And in the whole…