Krasnoyarsk Aluminum Works has commissioned a new foundry complex. The preparations lasted for 2 years. The new complex is able to produce tubular ingots with the diameter of 457 mm. This is the record size for the Russian aluminum industry. Such ingots do not require additional treatment and are in demand all over the world.…
In 2018 Electrozinc intends to invest some 526 million rubles into construction, replacement of the outdated machinery, modernization of existing machines and the purchase of new ones. According to the company chief engineer Dmitry Binder, a number of major projects are in an active stage of realization. For instance, for the project on circulating dust…
In 2017, according to the Customs Statistics, Russia imported 498.2 thousand tons of flat galvanized steel with polymer coating, up by 0.7% YoY. The 2016 results were the lowest in all the history of these products imports to Russia. China supplied the most metal – 276.4 thousand tons, up by 10.4% YoY. In December 2017…
In December 2017 Metinvest increased its EBITDA by 28.1% MoM, to $251 million, with revenue up by 5.7%, to $915 million. As of December 31, 2017 the group combined debt was $3.017 billion. In December 2017 Metinvest sold 465 thousand tons of semi-finished products valued at $194 million: 232 thousand tons of pig iron billets…
In February Ukraine produced 1.51 million tons of steel, down by 20% MoM. According to Ukrmetallurgprom, pig iron output dropped also by 20%, to 1.56 million tons, while that of rolled metal – by 23%, to 1.3 million tons. In January-February pig iron manufacture, taking into account operation of works situated in the temporarily occupied…
Residents of Toguz-Toro district of Jalal-Abad region again protest against the construction of a gold recovery plant. About a hundred locals reportedly broke into the territory of GL Makmal Developing company and broke the fence. This is the second protest of the local residents. After the first, construction of the gold recovery plant was suspended.…
In 2018 PJSC ArcelorMittal Kriviy Rih plans to spend over UAH 13.2 million on medical insurance of its employees. This insurance contract covers the costs of diseases and injuries treatment at company’s cost. Each employee can have insurance coverage in the amount up to UAH 100 thousand per year. This is one of the biggest…
Energomashspetsstal will produce a batch or rolls and slag ladles weighing 1457.39 tons for ArcelorMittal Temirtau. According to the company statement, it will produce rolls for 1700 hot-rolled mill, as well as for 1400 and 1700 cold-rolled mills. The rolls have to be delivered to the customer by September. 200 tons of slag ladles will…