In July direct deliveries of ferrous metals to railroad machine-building companies totaled 132.2 thousand tons. According to the railroad statistics, this is up by 52.4% YoY. In January-July deliveries reached 893 thousand tons, up by 25.4% YoY. (Ukrainian metal)
In July Severstal-Metiz manufactured the record-high amount of high-carbon products – almost 15 thousand tons. The large output was due to the lack of delays in machinery operation and the favorable order portfolio. Consumption is active both locally and abroad. The main consumers are agriculture and light industry. “The previous record, set in May 2017,…
Chukotka has one of the largest reserves of gold in Russia – it occupies the second place after Krasnoyarsk region. Last year Chukotka yielded 25.3 tons of gold, 8% of the total Russian output of 306.9 tons. In the next 2 years the residents of the Beringovsky advanced development territory will occupy a considerable place…
VIZ-Stal has begun the third stage of the bell furnaces modernization. By the end of the year the company will have put into operation 18 new stands. The usage of the modern equipment will decrease maintenance costs by 20%, while increasing the reliability and wear-resistance of the furnaces. The program to replace bell furnaces started…
Due to the implementation of energy saving techniques Abinsky Electrometallurgical Works was able to considerably increase output. In November 2017 the arc furnace shop suspended operation due to the breakdown of the arc furnace transformer. In March the operation was resumed, and the works reached the full capacity again. One of the records was set…
Net profit of Evraz in January-June grew to $1.145 billion from $86 million in H1 2017. Free money flow increased from $549 million to $661 million, while the debt dropped by $646 million, to $4.786 billion. Consolidated EBITDA went up by 65.5%, to $1.906 billion. (Ukrainian metal)
Tau-Ken Altyn gold refinery produced more than 10 tons of pure gold in the first six months of 2018. “The gold refinery sent more than 10 tons of 9999 refined pure gold bars to the National Bank,” its representative Muratbek Zhanas declared. “This year the Tau-Ken Altyn refinery is expected to refine and sell 20…
Ukrvtorchermet has finished restructuring liabilities to the state Oschadbank. The amount of the liabilities is not disclosed. The company procures and processes ferrous metals scrap and waste. (Ukrainian metal)
