Evraz NTMK will get the fifth line of railroad wheel processing. The contract for the delivery of the machinery has been concluded with NSH (Niles-Simmons-Hegenscheneidt). “We have signed an agreement that will allow us to improve wheel processing, thus satisfying the needs of both local and foreign markets in our products. NHS is one of…
In 2016 Ukrzaliznytsia brought 11.8 million tons of coal from Ukraine-uncontrolled territories. “As well as 1.3 thousand tons of coke. All the payment was carried out on the controlled territory”, the company said. At the same time, all the railroad transportation between controlled and uncontrolled territories was stopped on March by the order of the…
In 2017 Ukrainian energy sphere will consume some 7 million tons of anthracite coal as opposed to 10.5 million tons in 2016. “The difference of 3.5 million tons is covered by gas-generating coal”, the minister of energy and coal industry Igor Nasalik said. At present there is a surplus of gas coal. “The warehouses stock…
In late June another vessel with South-African coal would visit the Yuzhniy port. “We expect the next vessel after June 20. That would also be a Panamax”, the port acting director Vitaliy Zhukovsky said. More vessels will follow. “The schedule has been approved. This year together with Chernomorsk port we have to unload 4.8 million…
In January-March Buryatzoloto, a part of Nordgold, sold 1.1 billion rubles worth of gold, down from 2.4 billion rubles in Q1 2016. The company received 734 million rubles of net losses against 147 million rubles of net income last year. According to the company statement, the decrease is connected with the fall in key output.…
SteelAsia Manufacturing Corp. (the Philippines) has concluded an agreement with two Russian companies aiming at long-term cooperation with them. Under the $250 million contract Evraz will annually supply 50 thousand tons of billets to SteelAsia works in Davao City and in the Bulakan province. In Q1 the group purchased 240 thousand tons of Russian billets…
The Oktyabrskiy mine, a part of Norilsk Nickel, has started the capital repairs of the northern part of the skip shaft No. 1. The repair will see the overhaul of 250 tons of equipment and metal structures. The previous repair was carried out in 2005. The cost of the works is 50 million rubles. The…
The new EKG-18 excavator has started operating at the Neryugrinsky open-pit mine of Yakutugol, a part of Mechel. This is the second machine that has started operating there since the beginning of the year. The excavator has been purchased for 600 million rubles within the modernization program. The ladle volume is 18 cubic meters. The…