Russia: Izhstal output up in H1 2017

In January-June Izhstal increased output and sales by 31% YoY. Metal sales reached 204 thousand tons. In particular the company produced 152 thousand tons of steel, up by 34% YoY, and 173 thousand tons of rolled metal, up by 13% YoY. High margin sales showed the most growth: alloyed products sales increased 1.6-fold, while speed…

Ukraine: AMKR provides more comfortable living conditions for the citizens of Zhukovka village

PJSC ArcelorMittal Kriviy Rih continues the work on relocation of the citizens out of the zone of probable ground motion on Saksahanskiy district of Kriviy Rih city and the company is ready to purchase each premises located at Lavrenyova and Chystopilska streets (“Zhukovka village”), at price of UAH 425 thousand under condition of execution of…

Ukraine: Mariupol Ilyich reaches new stage of major investment project realization

Mariupol Ilyich Iron and Steel Works has started the next stage of the large investment project – the assembly of the roof metal structures of the fourth continuous casting machine building. “1.5 thousand tons of metal structures have been assembled so far”, the manager of the project Vladimir Kozlovsky reported. Foundation is also laid for…

Russia: ChTPZ modernizing oil pipe manufacture

The ChTPZ Group has started modernizing its oil pipe manufacture. Investments total 200 million rubles. The machinery modernization will allow the group to double its OCTG output with premium joints. The program will have been carried out by the end of Q1 2018. “This investment project will allow ChTPZ to improve quality and increase output.…

Russia: Nornickel Bystrinskoye reserves up

Norilsk Nickel has reevaluated the reserves of the Bystrinskoye deposits in the Zabaikalye region.

According to a company representative, combined ore and metal reserves increased by 10-25%. After the reevaluation copper reserves have increased by 11%, to 2.3 million tons, gold by 25%, to 9.5 million ounces. (Ukrainian metal)

Ukraine: Donbass mine licenses cancelled

The State Service of Geology and Subsoil of Ukraine has stopped the special licenses to use subsoil at DTEK Sverdlovskantrazit, DTEK Rovenkiantrazit and DTEK Komsomolets Donbassa, seized by the Russia-supported militants, until the antiterrorist operation is over. The licenses have been stopped based on the letters of the above-mentioned companies. On March 15, DTEK announced…