The Cabinet of Ministers has provided the state enterprise Pervomayskugol with the state guarantees for the loan of 2276.2 million UAH. The funds will be used to commission the new long face at the Gorskaya mine. The decision on the loan was taken in 2017 by the Ministry of energy and coal industry. (Ukrainian metal)
In 2017 Zaporozhogneupor increased output of molded refractories by 8% YoY, to 102.571 thousand tons. According to the company statement, manufacture of high-aluminous wares grew by 27%, to 16.246 thousand tons, magnesia wares – by 15%, to 43.652 thousand tons, while that of chamotte refractories dropped by 3%, to 42.672 thousand tons. In December 2017…
In 2017 Russkiy Ugol mined 842 thousand tons of coal in Krasnoyarsk region, up by 4% from the plan and by 7% YoY. The increase is the result of the new machinery acquisition. Thus, the company purchased 55-ton BelAZ trucks, Komatsu excavators and bulldozers. Russkiy Ugol started developing the Sayano-Partizansky pit in 1991, but only…
A new investor – the Region Group of Companies – appeared at the Saratov Works of Reservoir Metal Structures, which is in the insolvency procedure. “We have decreased expenses to the minimum. January and February are already loaded, we have no debts. We hope that the situation improves”, the company CEO Mikhail Savran said. (Ukrainian…
Zlatoust Electrometallurgical Works goes on with its projects to expand the grade and section portfolio. In particular, in 2017 it started manufacturing new grades of heat-resistant steel (ep99id, ep648vi, ep718 and ei943). These grades are widely used in the manufacture of structure elements and parts operating under high temperature. Last year ZEMZ also started manufacturing…
Chelyabinsk Iron and Steel Works has sold 1.5 million tons of rail and beam rolled metal since the corresponding mill has been put in operation. ChMK rails are shipped to the Russian Railroads and used in Moscow subway construction and industrial sites of major companies, as well as exported to Belarus and Kazakhstan. The main…
Magnitogorsk Iron and Steel Works (MMK) has received a successful supervisory audit of its environmental management system by meeting the requirements of a new version of the international standard ISO 14001. Following the assessment, specialists representing the authoritative international certification body TÜV Nord Cert (Germany) confirmed that the system entirely met the requirements of the…
NLMK Group, an international steelmaking company with operations in Russia, the USA, and the European Union, is the first steelmaking company in the CIS to introduce new generation SAP S/4HANA business suite. This platform will not only streamline current business processes but also enable the use of cloud, Internet of Things and Machine Learning technologies…