ArcelorMittal Temirtau is starting the implementation of the project on the reconstruction of the dust extraction units No. 5 and 6 at the sinter shop. The company plans to invest some 330 million tenge in the project. Under the reconstruction it is envisioned to assemble highly efficient bag hoses with the air purification rate of…
Tominskoye Mining and Processing Works has started preparing the territory for the construction of the new enterprise. “The first stage of the factory construction will end in late 2019. By that time all the manufacturing units of the processing factory will have been constructed,” the GOK CEO Valery Ulanovsky said. The mining and processing works…
Evraz ZSMK has put into operation a new 320-ton converter in its steelmaking shop. The old machine was shut down on April 10. Replacement works have been finished in less than 3 months. Investments exceeded 1 billion rubles. The converter has been designed and produced by Yuzhno-Uralsk Machine-Building Works. The new gas-purifying units will decrease…
Amurmetal, which resumed operation in late July, exports over 60% of its products to the Southeast Asia. “We deliver to Thailand, the Philippines, and Korea, which don’t have large steel capacities because of the lack of energy resources, but do have rolling manufacture. We supply our steel billets there, they roll them and sell locally…
In late 2017 Velta intends to start constructing the mining and processing complex on the basis of Lekarevskoye titanium ores deposits in Kirovograd region in case it gets the license from the State Service of Geology and Subsoil Use. The Kirovograd regional council on August 22 approved of granting the company the right to use…
The net profit of Russian metals and mining group Mechel, attributable to shareholders, fell by 40% YoY, to 4.994 billion rubles in January-June, as calculated under International Financial Reporting Standards (IFRS), the company said on August 23. The entire profit fell by 38%, to 5.682 billion rubles. EBITDA grew by 56%, to 40.227 billion rubles,…
Mariupol Ilyich Iron and Steel Works has signed a contract with the leading manufacturer of machinery for ferrous and non-ferrous metallurgy Primetals Technologies Austria GmbH. This year the company has started reconstructing the 1700 sheet-rolling shop. “The signing of the contract for the basic engineering of the mill is the next step”, the company CEO…
Coal mining in Ukraine (not taking into account the temporary occupied territory of Crimea and Sevastopol, as well as the ATO zone) in July decreased by 26.9% YoY, to 1.9 million tons. According to the State Statistics Service, coal mining also dropped by 1.9% MoM. (Ukrainian metal)