In January-June VIZ-Stal thanks to its energy efficiency improvement program decreased electricity consumption by 529 thousand kWh and of gas by 722.5 thousand cubic meters. This allowed the company to save 5.1 million rubles In particular, the company has finished modernization of two nitrogen-producing mills used in the thermal treatment of metal. The project will…
The Volgograd Iron and Steel Works “Krasniy Oktyabr” is carrying out modernization of the manufacturing capacities at its rolled metal finishing shop. According to the company statement, a new metal processing line is being constructed there. The foundation for the PL-250 centerless turning machine and RL-250 two-roll straightener has been complete. The foundation will be…
Metalloinvest and Chelaybinsk Iron and Steel Works have signed long-term contracts for the delivery of around 1.6 million tons of iron ore raw materials and pellets. According to the contract by June 30, 2018 Mikhailovsky Mining and Processing Works will have supplied some 0.6 million tons of pellets and 1 million tons of iron ore…
Zagorsky Pipe Works has shipped a batch of pipes to Gazprom. According to the company statement, the lot included 6 thousand tons of 1020 mm diameter pipes with the wall thickness of 14-16 mm. The pipes will be used by Gazprom transgaz Yugorsk, Gazprom transgaz Tomsk and to repair pipelines in Samara, Volgograd, Sverdlovsk and…
Evraz lost $556 million from selling Sukhaya Balka. According to the company statement, its consolidated losses from the currency exchange differences amounted to $586 million. The agreement to sell 99.42% of the GOK was concluded on June 1. The sum of the contract is $108 million to be paid by installments till December 31. The…
Evraz Group is still considering selling Evraz Yuzhkoks. “We have variants and the understanding how to sell it”, the company president Alexander Frolov said. Still, according to him, it is too early to speak of any potential deal or its terms. In October 2016 Evraz concluded an agreement to sell Yuzhkoks. The payment had to…
Energomashspetsstal has produced and shipped another batch of rolls to Azovstal Iron and Steel Works. The rolls will be used in bar rolling. According to the contract, signed in April, EMSS has produced 24 working rolls for hot-rolling with the weight of 6-16 tons. The total weight of the batch is 170.72 tons. (Ukrainian metal)
Severstal has learned of a fake electronic address: info@mail-severstal.com. This address sends out commercial offers to buy rolled metal at prices lower than current Severstal Distribution prices. The company also reports of the phone calls with the same content. At present Severstal is trying to terminate the illegal use of its trademark. (Ukrainian metal)
