In June Russia produced 4.33 million tons of pig iron, up by 6.7% YoY (4.293 million tons in May). In 6 months pig iron output grew by 0.9% YoY, to 25.914 million tons. Ukraine increased output in June by 7.9% YoY, to 1.631 million tons (1.582 million tons), and by 7.7% YoY in 6 months,…
Andrey Lyaskovsky, who has previously headed the development block of the company, has been appointed the managing director of Zagorsky Pipe Works. His main tasks are to improve efficiency of the company operation, synchronize manufacturing and logistics processes, as well as increase the share of the autonomous operation. Sergey Toropov, the previous managing director, has…
Uralelectromed has assembled a new smoke pipe with the height of 14-storey building. It is installed at the gas-purifying unit, were gases from anode furnace, before reaching air, are 99.8% purified. The pipe has replaced the previous one that has served the company for 16 years. The new structure weighs over 35 tons and is…
Some of the goals of the ChTPZ Group are to decrease the prime cost of the products, increase the share on the market of seamless pipes and decrease the dependence on other metal companies’ pipe billets. “We don’t see any serious growth of demand for large diameter pipes on the domestic market because of the…
Within the strategy to increase product range ZEMZ has mastered the manufacture of another type of forged product, in demand on the market and widely used in nuclear industry. The forged sheet bar has the size of 30×500 mm and is made of heat-resistant alloy on the nickel basis HN55MBTU (EP666). The ingot has been…
The Naberezhnye Chelny territory of advanced development will receive new residents. In particular, Termokrep LLC will create a works to produce metal wares with thermodiffusion coating. Investments in the project will total 130.7 million rubles. 40 jobs will be created. (Ukrainian metal)
The nickel output of the Russian metals giant Norilsk Nickel fell by 9% QoQ, to 49,460 tons in April-June, the company said on July 31. Copper output rose by 4%, to 117,275 tons. In January-June the company’s nickel output rose by 1% YoY, to 103,523 tons. Copper output increased by 18%, to 229,565 tons. Palladium…
Pokrov Mining and Processing Works (ex-Ordzhonikidze GOK) from September 7 will transfer its accounts from the nationalized PrivatBank to the Credit Dnepr Bank. According to the company statement, the change of the bank has to do with PrivatBank being constantly under pressure lately, which could create risks for the GOK. “To prevent such a negative…