In 2016 Krasnoyarsk Aluminum Works invested 1.135 billion rubles into ecological modernization, with 1 billion rubles to be invested in 2017. For the past several years the main goal of the company was to start producing highly technological wares from aluminum produced without increasing the metal output volumes. Thus the works has been modernizing its…
Chelyabinsk Iron and Steel Works, a part of Mechel, hit several historical output highs in March. In particular, the blast furnace shop produced over 370 thousand tons of pig iron, the highest volume since 2009. Steel smelting in the oxygen-converter shop reached 350 thousand tons, which was an absolute record since the shop’s putting into…
Metinvest has extended the office of the current CEO of the Central Mining and Processing Works Dmitry Shevchik for a year. Shevchik’s office has been extended from Aril 4, 2017 till April 2, 2018. Dmitry Shevchik was appointed CGOK CEO on September 1, 2015. Earlier he worked as the deputy chairman and deputy CEO on…
Metinvest has extended the office of the current CEO of the Central Mining and Processing Works Dmitry Shevchik for a year. Shevchik’s office has been extended from Aril 4, 2017 till April 2, 2018. Dmitry Shevchik was appointed CGOK CEO on September 1, 2015. Earlier he worked as the deputy chairman and deputy CEO on…
DTEK Burshtyn TPP has imposed limitations on coal deliveries from state mines. According to the minister of energy and coal industry Igor Nasalik, there is no shortage of G and D grade coal, mined in the western regions, but there could be problems with sales. “Gas-coal stocks increase each day”, he noted. On March 31,…
The Federal Antimonopoly Service has stopped investigation in Mechel, Severstal and Evraz alleged increase of rebars prices. Last summer constructors and machine-builders applied to FAS as to the drastic increase in metal prices, in particular, of rebars (by 34-103% from December 2015 till May 2016). The service started investigating the matter in July 2016, suspecting…
In January-March UGOK produced 3.038 million tons of iron ore concentrate, up by 11.9% YoY. According to the company statement, iron ore sinter production increased by 14%, to 450.8 thousand tons. In March UGOK produced 1.05 million tons of concentrate, up by 13.4% YoY, sinter output dropped by 12.9%, to 111.9 thousand tons. (Ukrainian metal)
The UMG Resource company, which specializes in industrial waste management, in 2016 increased its revenue from the sales of ash-slag materials by 47.5% YoY, to 149 million UAH. Sales of ash-slag materials (fly ash, wet fly ash, slag, ash slag) increased by 38.7%, to 480,000 tons. Products were dispatched from the DTEK’s thermal power plants…