A subsidiary of the state concern Rosgeologia – Dalnevostochnoye PGO – is prospecting at the Arminskaya field in Primorsky region. The work is being financed from the federal budget under the state contract, the company being a subcontractor. The site with the size of 5706 square meters is situated on the territory of 3 administrative…
Beringpromugol LLC intends to have increased coal mining at the Fandyushkinskoye Pole deposits in Chukotka to 2 million tons per year by 2024. In 2020 a new processing factory with the capacity of 1 million tons per year will be put into operation. According to the company CEO Denis Kurochkin, until the end of the…
The “Hovering Bridge” in Moscow is being constructed using the rebar threads supplied by Severstal-Metiz. For the construction of the bridge the company has already supplied over 170 tons of rebar threads. They were used as rebars in ferroconcrete structures. Now the bridge is ready for operation. The “Hovering Bridge” is a V-type structure. Its…
In August Dneprovsky Iron and Steel Combine underproduced 10 thousand tons of rolled metal because of the forced idle time of the 400/200 mill. According to the acting director of the rolling shop on 400/200 mill Igor Chuyko, when the works resumed operation the mill did not operate in normal order because of the lengthy…
In August Zaporizhstal produced 353.4 thousand tons of steel, up by 9.6% YoY. According to the company statement, pig iron output increased by 28.4%, to 381.8 thousand tons, and rolled metal – by 3.7%, to 2.175 million tons. In January-August Zaporizhstal produced 2.58 million tons of steel, 2.358 million tons of pig iron and 2.175…
In January-June Kamensk-Uralsk Non-Ferrous Metals Processing Works earned 3.9 billion rubles, up by 25% YoY. The company net profit increased by 6.3% YoY, to 16.1 million rubles. The main factor for the growth of revenue was the increase of non-ferrous rolled metal sales. “Sales increased by 14.7% YoY, to 10.9 thousand tons. With powder sales…
Chusovskoy Iron and Steel Works, a part of OMK, has begun an investment project on the construction of a new mill to produce spring billets. The project will decrease import dependence and increase the company capacities to produce few-leaf springs. The capacity of the new mill will be over 5.7 thousand tons of spring billets…
The Federal Antimonopoly Service hosted a meeting on the graphitized electrode market competition. According to the director of industrial control department Nelli Galimkhanova, the meeting was gathered following two claims from Rostov Electrometallurgical Works and Krasniy Octyabr. The situation is difficult, as the market has been experiencing a sharp shortage because of decrease in capacity…
