Severstal, Rosnano and Windar Renovables S.L. (Spain) have concluded an agreement on the creation of a joint enterprise Bashni VRS to produce steel towers for wind power turbines. They will be produced in Rostov region. Initial investments in the project will reach 750 million rubles. The share of Severstal will be 24.5%. The group will…
The construction of the Tashkent Iron and Steel Works is scheduled to be finished in December 2019. At present metal structures are being assembled at the site. The first products are expected to be produced in spring 2020. The turnkey contract for the construction of the works valued at 287 million euro was concluded with…
Corum Druzhkovka Machine-Building Works has produced anchoring for the Pokrovskoye Mine Group. All the 200 sections have been shipped, and assembled at the new long face commissioned on August 21. The reserves of the long face are over 1.4 million tons of coal. The high quality of the anchoring allows using it at two such…
In January-August DTEK Energo increased gas coal output by 2.5% YoY, to 15.5 million tons. In particular, DTEK Pavlogradugol mined 13 million tons of coal, on par with the last year level. DTEK Dobropolyeugol increased output by 16.7%, to 2.5 million tons. “Our task is to surpass the last year output level by 1.5 million…
In January-June Ferrexpo invested over 1.4 billion UAH (more than $52.9 million) in the development of its Poltava, Yeristovo and Belanovsky Mining and Processing Works. In particular, PGOK received 938 million UAH ($35.1 million), while EGOK and BGOK – 474 million UAH ($17.8 million). The projects to maintain manufacture at PGOK amounted to 333 million…
Uralelectromed is constructing the second stage of the steel structures manufacture. The work is scheduled to have ended by 2019. The capacity of two stages will be 8 thousand tons of metal structures per year. The estimated cost of the second stage construction is 380 million rubles. The construction of the second stage of the…
In summer Develens LLC received 9 orders from state mine groups to supply machinery valued at 106.51 million UAH. In particular, the state enterprise Yuzhnodonbasskoye Mine Group No. 1 has placed orders valued at 48.6 million UAH. Conveyer costs 33.95 million UAH, while narrow shearer costs 14.65 million UAH. The state enterprise Mirnogradugol placed orders…
In July-August Ukrzaliznytisa concluded 27 agreements with Interpipe Ukraine LLC on the purchase of wheels valued at 254.48 million UAH. The cost of most agreements was less than EUR 133 thousand. Interpipe will supply 13547 wheels produced by Interpipe NTZ in 2017-2018 at 19080 UAH apiece. The value of the order is 0.5% below the…