Russia: Orel Works opens modernized warehouse

Orel Steel Works has opened a fasteners warehouse after reconstruction.

The cost of the project was 20 million rubles.

In summer the company will commission its third thermo-hardening machine. Investments will total 133 million rubles.

Orel Works fasteners are used in major construction projects, for example, grand stands of Yekaterinburg-Arena. (Ukrainian metal)

Russia: Rusal sees changes in management team

Alexandra Buriko has been appointed CEO of Rusal. Previously she served as the CFO. The ex-CEO Vladislav Soloviev has been appointed EN+ CEO, as well as Rusal president. Buriko has been CFO since October 2013. Her key priorities in the new office will be Rusal development through improving efficiency, implementing new environment-friendly techniques, increasing the…

Ukraine: AMKR keeps improving living conditions of Zhukovka citizens

PJSC ArcelorMittal Kriviy Rih continues to resettle the residents from the area of possible displacement of the earth surface in the Saksaganskiy district of Kriviy Rih and is ready to purchase every household located in the streets Lavrenyova and Chistopolskaya (“Zhukovka settlement”), at the price of 425 thousand hryvnia providing the conclusion of the sales…

Ukraine: Odescable products become more expensive

Odessaoblenergo (the power-distributing company) ordered Trading House of Odescable the delivery of cable valued at 146.28 million UAH. Until February 2019 the company will have supplied 291 types of wire and cable produced by Odescable, Akvaton (Rovno) and Kamcable (Russia). Of the total volume the ASXsn cables account for 56.69 million UAH. Of them the…

Ukraine: sales director becomes Vikant CEO

Inna Ponomareva has become a new CEO of the metal trading company Firma Vicant. She has previously worked as the sales director. Grigory Nosko, who headed the company prior to Ponomareva, left Vikant. In 2017 Vikant imported 121 thousand tons of rolled metal and started cooperating with Metinvest in pipes purchases. This year the company…

Russia: gold-containing minerals found in Kamchatka

The researchers from the Institute of Geology and Mineralogy have found gold-containing minerals at the Maletoyvayam deposits in Kamchatka. The prospecting was carried out at the order of the research company Elekhim. In particular, the new type of mineral contained compounds of gold with tellurium, sulfur and selenium. Gold can be found with silver impurities,…

Russia: Ingalinskaya-2 coal processing up

Ingalinskaya-2 Mining and Processing Factory in South Yakutia has increased its coal processing capacities to 2.5 million tons per year. Concentrate output depends on the coal grade – from 40% to 63%. “The project capacity of the factory was 1.5 million tons. Last year we reached 1.7 million tons. The factory was put into operation…

Russia: Rusal revenue up in 2017

In 2017 Rusal increased revenue from $7.983 billion to $9.969 billion. Mostly because of the aluminum price rise by 22.7% (to $1968 per ton), increase in the primary aluminum and alloys sales by 3.6% and the growth of the high added value products sales from 44% to 47.3%. EBITDA grew by 42.4%, to $2.12 billion,…

Russia: Vorkutaugol assembling safety system at mines

Vorkutaugol has started assembling a multi-functional safety system at the Vorkutinskaya, Zapolyarnaya, Komsomolskaya and Vorgashorskaya mines. In December 2017 the mines started receiving the Strata system components, produced in Russia, Kazakhstan, USA and South Africa. In January Alpha-Safety specialists arrived to implement the system. When the system is launched in July, its three main options…

Russia: VSMPO-Avisma overfulfills manufacture plan

In January VSMPO-Avisma manufacturing plan was 102.17% fulfilled.

According to the company manufacturing director Oleg Ryabov, the shops Nos. 1, 20, 31, 37 and 38 coped with the task the best.

Not even long New Year holidays prevented them from reaching the target. (Ukrainian metal)