Two companies – Kintero Limited and Belismo Limited (both from the Seychelles islands) have become owners of 19.3% shares of Nikopol South Pipe Works each. In particular, Kintero Limited increased its stake from 0% to 19.338041%, while Belismo Limited – from 0% to 19.337861%. The Transportno-investitsionniye technologii LLC (Kiev) has sold its 38.675721% of NTPZ…
The total volume of investments by Kolmar into mining and processing complexes of Ingalinsky and Denisovsky in Yakutia is estimated at 28.4 billion rubles. This is envisaged in the agreements, signed by the Corporation of the Far East Development with Ingalinsky GOK and Denisovsky GOK on March 14. The companies are involved in the construction…
The deputy chairman of the Russian government Dmitry Kozak suggested the major industrial groups to supply iron ore to the militants of the so-called Donetsk and Lugansk People’s Republics. In particular, Alisher Usmanov’s Metalloinvest and Alexei Mordashov’s Severstal representatives attended the meeting with Kozak. According to a source, the issue of iron ore deliveries to…
The Severniy Mining and Processing Works has stopped half of its pelletizing machines because of the railroad blockade of the occupied territories. “Ukrainian metal industry has dropped to the 5-year minimum, the companies have started shutting down. Dneprovsky Iron and Steel Works operates only one blast furnace, the employees have received 25% of the January…
The state power-generating company Centrenergo plans to import 2.5 million tons of coal through seaports starting in May. In particular, through the Yuzhny seaport it will import 1.5 million tons of coal, through Transinvest-service terminal and Chernomorsk port – 500 thousand tons each. The expected cost of the transportation services is 646 million UAH. (Ukrainian…
The ChTPZ group has made a trial delivery of large diameter pipes (LDP) to Africa. The company has supplied over 2 thousand meters of LDP for the Ain Sukhna Product Hub liquefied gas transportation and storing project in Egypt. The pipes with the diameter of 711.2 mm and the wall thickness of 12.7 mm made…
In 2016 Severstal supplied over 22 thousand tons of metal to Russian shipbuilding companies, up by 34% YoY. According to the company statement, Severstal products are used both in civil, and military shipbuilding. The company produces all the range of shipbuilding steels. Last year Severstal started producing PC F500 W strength plate with 70 mm…
The processing factory of the Korshunovsky Mining and Processing Works, a part of Mechel, saw the replacement of 4 magnetic separators. “The output of the new equipment is 100-160 tons per hour. Last year we replaced 6 separators and plan to replace 4 more this year”, the factory director Dmitry Oler said. (Ukrainian metal)
