In late July the Demidov Group of Companies increased all its prices by 3%. That was the second price increase in July. The company explains that the unscheduled price increase was the result of the thinning of the stocks as well as a sharp increase of rolled sheet prices from local manufacturers and importers. In…
Asha Iron and Steel Works is assembling a new electric muffle furnace at its sheet-rolling shop No. 3. When the new machinery is put into operation, the cycle of thermo-chemical treatment of bands of heat- and corrosion-resistant steel and alloys produced at the company will be complete. The workspace of the furnace is 750 mm.…
Magnitogorsk Iron and Steel Works will replace converters at its oxygen converter shop. The project is expected to be complete this year. All the equipment will be supplied by Novokramatorsk Machine-Building Works (Ukraine). NKMZ has already shipped the equipment of the converter bulk. At present the works is manufacturing the third bulk of a converter.…
The supervisory board of Komsomolskoye Mine Group, a part of Metinvest, has cancelled the office of the acting CEO Alexander Dakhnovsky, having appointed the Krasnodonugol financial director Valentin Kononov to this office instead. According to the company statement, the decision was taken at the board meeting on July 28. Dakhnovsky has been the acting CEO…
Township-forming coal enterprises of Toretsk (Donetsk region) are under threat of closing. The city authorities ask the government to influence the situation. The main labor office of the region has refused to approve of Toretskugol mining program for Q3. This makes it impossible for the company to mine for coal at Tsentralnaya and Toretskaya mines.…
DCH, which has recently purchased Evraz Sukhaya Balka from Evraz, on the latest meeting of shareholders decided not to change the name of the enterprise, as was suggested earlier. “For a time being the name remains the same. But we still have plans to change it. But on another shareholders’ meeting”, a company representative reported.…
Volnogorsk Mining and Metallurgical Combine has ordered Imex Minerals LLC the delivery of large trucks valued at 61.5 million UAH. This year the company has to supply 7 new BelAZ-755V quarry dump trucks with the lifting capacity of 55 tons produced not earlier than 2012 at 8.79 million UAH apiece. Earlier the works has ordered…
Energomashspetsstal will supply a large batch of billets to EschmannStahl GmbH & Co. KG (Germany). The batch will include 29 mechanically treated parts to be used as tooling to produce moulds. The weight of the products will be 250.5 tons. According to the contract all the products must be delivered in September-December. The companies have…