Ukraine: InGOK starts processing factory No. 2 repairs

Ingulets Mining and Processing Works has begun the capital repairs of the ore-processing factory No. 2.

According to the company CEO Alexander Gerasimchuk, the wet-crushing mills are being repaired.

“The repair will allow us to decrease unscheduled delays risks, thus stably producing high-quality concentrate”, he said. (Ukrainian metal)

Ukraine: Interpipe reports Internet-fraud

Interpipe has warned its agents of the Internet-fraud attempts connected with incorrect bank info. “One of our traders has received fake documents with false bank info to pay for the goods. The criminals have created a false e-mail to send out bills with the domain similar to Interpipe’s”, the company reported. Interpipe is aware of…

Lithuania: US decision on tariffs upsetting

Lithuanian officials say that the US decision to impose tariffs on EU steel and aluminum imports is very disappointing, but does not mean a trade war. According to Deputy Foreign Minister Albinas Zananaviius, Lithuania is “very disappointed”, because the intensive talks between the European Commission and the United States, and efforts by other European countries…

Ukraine: National Coal Company created

The Ministry of energy and coal industry has registered the state enterprise National Coal Company, with Alexei Raychev its director.

The corresponding information has been added to the State Company Registry.

Since 2016 and until mid-April Raychev has been chairing the state enterprise Krasnolimanskaya Coal Company. (Ukrainian metal)

Georgia: two dead in mining accident

Two miners have died at an open extraction coal quarry in Tkibuli town. The bodies are already being examined to identify the circumstances of death. The Ministry of Internal Affairs has started an investigation into the case under the Criminal Code, which implies the violation of safety rules in mining. Another six miners died and…

Russia: MMK AGM results

On June 1 MMK held its Annual General Meeting of Shareholders (AGM) in Magnitogorsk. The AGM approved MMK’s annual report and financial statements for FY 2017 and approved a dividend payment for the 2017 financial year of 0.806 rubles per share (including tax). Previously shareholders received interim dividends for H1 2017 of 9,710.5 million rubles…

Russia: Severstal certifies cryogenic steel

Severstal has received a certificate for the correspondence of cold-resistant cryogenic steel to the norms and standards of the European quality. This steel is used to construct the inner shell of the LNG tanks. TUV Rheinland Group has highly praised the whole manufacturing chain of the product. Cryogenic steel sheet is produced at the mill-2800…

Russia: NLMK develops e-commerce

NLMK Group, a global steel company, opens access to an e-commerce website for SMEs. A hi-tech online marketplace is now available at NLMK Group has been operating an e-commerce platform since 2012, based on the “Client-Info” RMS system. Access to the platform is open to large clients that have long-term established relations with NLMK.…