The new owners of Shadrinsk Metal Structures Works will invest around 1 billion rubles into modernization. In the first place Invest, the owner of the works, will construct the galvanizing line. It is expected to be put into operation in spring 2018, while the main manufacture (of metal structures) – in the second half of…
Severstal, one of the world’s leading vertically integrated steel and mining companies, has signed contracts for the engineering and supply of equipment for the refurbishment of blast furnace No. 5 at the Cherepovets Iron and Steel Works. The Netherlands-based engineering company Danieli Corus B.V. will provide the furnace casing and the cooling system equipment including…
The state gas-extracting company Ukrgazdobycha has ordered Interpipe the delivery of 17 thousand tons of casing pipes valued at 839.197 million UAH. The company will buy 14350 tons of assorted casing pipes, 2150 tons of casing pipes with premium threads and 500 tons of triangular thread casing pipes. According to the agreement the pipes have…
In April Coal Energy S.A. decreased coal output by 66.4% (by 15.3 thousand tons) YoY, to 7.7 thousand tons. According to the company statement, output went up 3.8-fold MoM, or by 5.7 thousand tons. Coal Energy unites 10 coalmines. It supplied coal to thermal power plants, coke and cement works. It also exported to Bulgaria,…
In January-March the thermal power plants of DTEK Zakhidenergo consumed 173 thousand tons of coal, mined by Volynugol and Lvivugol, or 74% of their total sales. In 2016 the DTEK share in Lviv-Volyn miners sales was 66% (667 thousand tons), in 2015 – 49% (486 thousand tons). At present the purchase of Ukrainian coal is…
Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, says it has exported 8 million tons of coal this year (as of May 17). According to the company, the terminal’s throughput surged by 41% YoY. The milestone ton was loaded onto…
In January-March Metalloinvest produced 600 thousand tons of pig iron, down by 8.5% YoY. According to the company statement, the decrease of the output has to do with the repairs of a blast furnace, as well as the shorter calendar work time. Steel output increased by 1.1%, to 1.2 million tons. Russia’s share in the…
The Verkhovnaya Rada committee on industrial policy and entrepreneurship recommended the parliament to extend the scrap export duty of 30 euro per ton for 2 years. According to the state enterprise Ukrpromvneshexpertisa in 2016 scrap procurement reached 3.5 million tons, the minimum volume for the past 20 years. (Ukrainian metal)