The auction to sell the assets of the Armavir Electrometallurgical Works valued at 276 million rubles has not taken place. There were no participants. The company assets were auctioned in August. They included a land plot of 85 hectares for the construction of a metal works, 2 power lines, a complex to produce forgings and…
On October 11, Evraz Sukhaya Balka will hold an extraordinary meeting of shareholders, at which it is planned to rename the company into Sukhaya Balka. “This year our enterprise turns 121. In the matter of renaming the company it was decided to retain the legendary name of Sukhaya Balka”, the company CEO Vitaly Bash commented.…
The Vorkutaugol Zapolyarnaya mine site No. 7 has fulfilled its year plan of coalmining in advance. Since the year start the miners have yielded 720 thousand tons of coal. “For the past 7 years the site has 4 times fulfilled its plan in advance”, the mine deputy director Alexander Bondar noted. In Q4 the mine…
Since the beginning of the year Raspadskaya mine has extracted 2 million tons of coal at its site No. 1. This volume has been obtained from the long face 4-10-29, equipped with the modern Bucyrus shearer. After being processed at the Raspadskaya factory the concentrate is supplied to metal and coke works of Russia, Ukraine…
Cherepovets Iron and Steel Works has finished the capital repairs of its blast furnace No. 1. The cost of the repairs was some 1.8 billion rubles. The work has been carried out 9 days earlier. The repair lasted for 33 days. The work prolonged the BF1 operation by at least 7 years. (Ukrainian metal)
Shareholders of Evraz Dneprovsky Iron and Steel Works decided to increase the charter capital by 30.44%, or by 175 million UAH, to 750 million UAH, by issuing 700 million ordinary shares. The cost of each share is 0.25 UAH, they will be placed at 10 UAH per share. The funds received from the placement of…
In August Ukraine produced 939 thousand tons of steel, not counting continuous-cast semi-finished products, up by 0.5% YoY, but down by 3.7% MoM. According to the State Statistics Service, the temporarily occupied territory of Crimea and a part of the Antiterrorist operation zone are not taken into account. Steel output in 8 months decreased by…
In January-August the Zapadnaya Coal Company mined 390.6 thousand tons of coal at the Krutoyarsky site of the Konstantinovskoye deposits, up 2.5-fold YoY. This year the company intends to yield 450 thousand tons of coal. Thus, so far the target has been 87% complete. (Ukrainian metal)
