In 2017 Russia exported 1.45 million tons of steel to Belarus, up by 22.6% YoY. According to the customs statistics, revenue grew by 47.7%. These are the highest results since 2014. Flat rolled metal accounts for 46.6% of the exports, up by 19.6% (revenue grew by 45.6%). Bars and sections share totaled 34% (up by…
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)
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…
In 2017 Energoprom – Chelyabinsk Electrode Works manufactured 70 thousand tons of goods, up by 40% from the target. The main products – anode blocks – saw the largest plan overfulfillment – by 10 thousand tons. “The plan overfulfillment was provided for by the efficient management of manufacturing processes and repair programs. We also paid…
Sergey Goman has been appointed Zaporozhogneupor CEO. He has previously worked as the technologies and quality director at Zaporizhstal. In his new office Goman will continue investment projects aimed at improving product quality, service level and expanding the product mix. Victor Busko, who has been the CEO of Zaporozhogneupor since 2012, will continue his carrier…
The Russian presidential administration is watching the development of a conflict between the shareholders of metals producer Norilsk Nickel, spokesman Dmitry Peskov declared on February 26. “Bearing in mind the size and the importance, the social importance, the economic importance of the company, the Kremlin is of course watching how the management situation is unfolding,”…
Ukraine in January reduced steel production by 0.1% compared to the same period in 2017, but increased by 1.9%, to 2.1 million tons, from December 2017, ranking tenth in the rating of 64 countries, the world’s major producers of this product, compiled by the World Steel Association (Worldsteel). In January the growth of steel smelting…
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…