The steel ropes of Beloretsk Iron and Steel Works have been used in the construction of the first serial nuclear-powered icebreaker the Sibir of the 22220 project. BMK has been cooperating with Baltiysky Shipbuilding Works for some 5 years. The company supplies steel rope of various diameters to the works, including with zinc coating. This…
MMK has once again entered the first ten of the Russian fuel-energy and metal industry environment ratings in H1 2017. The company occupied the 10th position among other 33 companies, thus retaining its results of the previous half year and being the only metal company to get to the top ten. Among MMK environment initiatives…
The Trade Committee of South Korea has imposed antidumping duties on ferrosilicomanganese from Ukraine, India and Vietnam. The duty in the volume of 4.06-19.06% is set for 5 years. Since May 31 preliminary duties in the volume of 6.08-32.32% have been in effect in South Korea. According to the Committee, in 2015 the country consumed…
In H1 2017 Ferrexpo increased investments into Poltava, Yeristovo and Belanovsky Mining and Processing Works by 58.4% YoY, to 1.15 billion UAH. In particular, PGOK received 762.3 million UAH, Yeristovo GOK – 356.7 million UAH, and Belanovsky GOK – 26.4 million UAH. This year Ferrexpo intends to invest some $100 million more into its GOKs.…
Belarus plans to set up one more industrial steel making plant, Belarus’ Vice Premier Vladimir Semashko said. According to the vice premier, the Belarus Iron and Steel Works started producing wire-rod mill in 2015. “With this line in operation, we have covered 60% of the needs of the domestic mechanical engineering sector. We satisfy the…
ArcelorMittal Kriviy Rih intends to construct 2 continuous casting machines for the manufacture of slabs. The project could start after the machines Nos. 2 and 3 are constructed. By April 2019 the construction and commissioning should have been complete. As the result, some 4 million tons of steel will be produced using the continuous cast…
By the end of the year Zagorsky Pipe Works will have supplied some 121 thousand tons of pipes to Gazprom. “Since May we have been manufacturing pipes for Gazprom. We have concluded several agreements for the delivery of pipes for repairs”, the company corporate communications deputy director Igor Gusenkov said. At present the capacities of…
As of September 10 the Vetrensky gold deposits in Tenkin city district of Magadan region yielded 357.8 kg of gold, up by 67% YoY. Last year as of September 10 Electrum Plus, a part of Susumanzoloto, mined 239.4 kg of gold. This year the group management set the output plan for the company on the…