According to the Federal Service of State Statistics, in January-March Russia produced 14.6 million tons of rolled metal, up by 2.5% YoY. Pig iron manufacture dropped by 1.1%, to 13 million tons, while that of pipes increased by 10%, to 1.5 million tons. (Ukrainian metal)
Chelyabinsk Iron and Steel Works, a part of Mechel, has completed the repair of its sintering machine. In 7 days the company specialists have repaired all the equipment of the machine. Thanks to the replacement of filters the pollution from the machine decreased. The ChMK sintering factory operates 4 sintering machines with the total capacity…
In January-March Altai-Koks, a part of NLMK, produced 1.03 million tons of coke, up by 16% YoY. The company capacities were 95% loaded. On Russian market Altai-Koks sold 88% of its coke, with 80% – inside the NLMK group. The rest was exported to Kazakhstan, Uzbekistan, Germany, Belgium and Finland. (Ukrainian metal)
Dneprovsky Iron and Steel Works, a part of Industrial Union of Donbass, is expecting the return of VAT at the volume of 1.2 billion UAH by April 28, which will allow putting the company back into operation by May. “On April 13, our economists checked the VAT reimbursement volumes with the regional department of the…
In 2016 Yeristovo Mining and Processing Works, a part of Ferrexpo, increased taxes payments by 16% YoY, to 176.7 million UAH. In particular, the state budget received 93.7 million UAH, regional – 43.7 million UAH, local – 39.3 million UAH, or 53%, 25% and 22% respectively. The budget of Gorishniye Plavni received 29.1 million UAH,…
Mechel reports that the Expert Council of Russia’s Industry and Trade Ministry’s Industrial Development Fund approved a loan for Mechel’s Chelyabinsk Iron and Steel Works (ChMK) to implement a project for production of rails, beams and other structural rolls meant for export. The project’s cost totals 1.52 billion rubles, including 300 million rubles to be…
Ormet, a part of Russian Copper Company, continues the construction of an underground mine at the Dzhusinskoye deposit, Chelyabinsk region. Currently, the surface objects of the mine are being assembled, ore is mined at the prepared site as part of a pilot project for approbation of development systems, which should guarantee the safety of mining…
Severstal has announced its operational results for Q1 2017. According to its press release, hot metal output remained largely unchanged, decreasing only by 1%, to 2.34 million tons (Q4 2016 – 2.36 million tons) compared with the previous quarter. Crude steel production declined by 2%m, to 2.86 million tons (2.92 million tons). Crude steel output…