For the mine named after Tikhov (Russia) Corum has developed a new structure of the transformer substation with the capacity of 1 thousand kW, having considerably increased its durability. “We have designed, produced and certified the machinery especially for the mine. It is easy to access all the main elements of the substation, and it…
In January-June Zabaikalye region obtained 28293 tons of lead, up by 7% YoY, with 6971 tons yielded in June. Zinc output grew by 5%, to 12970 tons, with 2800 tons produced in June. Last year the region produced 61361 tons of lead and 43018 tons of zinc, up by 13.2% and 75% YoY respectively. (Ukrainian…
In July Vyksa Iron and Steel Works has shipped to Gazpromneft-Khantos the first batch of casing pipes with OTTM thread joints. The pipes with the diameter of 324 mm and the wall thickness of 9.5 were produced at the arc furnace shop No. 3 with the further creating of threads. “Thanks to the center of…
Zaporizhstal has entered the top-100 largest taxpayers in January-June according to the State Fiscal Service. In 6 months the company has transferred some 1.9 billion UAH to the budgets of all levels, including over 331 million UAH to the local budget. Last year Zaporizhstal paid 3.2 billion UAH of taxes. (Ukrainian metal)
In early August the Ukrainian government expects to get a comprehensive plan for bringing the national coal industry out of crisis, Prime Minister of Ukraine Volodymyr Groysman said during the government’s meeting devoted to situation in the national coal industry. “There’s a need to make clear, specific decisions within the framework of the Energy and…
Global steel output grew by 5.8% YoY in June, to 151.4 million tons, according to World Steel Association. In January-June steel manufacture increased by 4.6% YoY, to 881.5 million tons. Ukraine produced 1.7 million tons of steel, up by 7.5%. Thanks to that the country was able to climb two steps in the world rating…
The U.S. is holding fruitful talks with Russian aluminum giant UC RUSAL hit by sanctions in April, Bloomberg reported citing U.S. Treasury Secretary Steven Mnuchin. The U.S. did not plan to introduce sanctions against aluminum companies, Mnuchin said, adding he hoped he was holding fruitful discussions with the company to solve these problems. The U.S.…
Chelyabinsk Pipe-Rolling Plant (ChelPipe) posted a net profit of 6.927 billion rubles in January-June against a net loss of 864.754 million rubles in the same period of 2017, as calculated under Russian Accounting Standards (RAS), the company said in a report. Revenue increased by 33%, to 71.921 billion rubles. The company posted a 7.862 billion…