A delegation of the Russian Vostok-Geologodobycha company should arrive in Bishkek one of these days, which in 2015 won a tender to develop Jerooy field in Talas region. It is a member of Russian Platinum group of companies. In early April, it is planned to lay a capsule on the site of the future mine…
DTEK energy holding will send official notifications to 32 companies warning them of not buying coal made by the group’s divisions located on the temporarily uncontrolled territory, DTEK CEO Maksym Timchenko has said. “We have a list of 32 companies which potentially could buy this coal. We will send this letter to each company. Today…
In January-February the production of the raw lead dropped by 23.9%, of raw zinc – by 1.7%. According to the Federal Service of State Statistics, in February raw lead output decreased by 35.7% YoY and by 11.6% YoY, while that of raw zinc – by 4.7% and by 11.6% respectively. (Ukrainian metal)
In 2016 Ukrvtorchermet decreased its losses 2.5-fold, or by 1.1 billion UAH, to 707.66 million UAH. According to the company statement, as of the end of 2016, the cost of its assets reached 847.71 million UAH. Accounts receivable totaled 345.14 million UAH, current liabilities – 1.35 billion UAH, fixed liabilities – 3.58 billion UAH. In…
In January Voestalpine supplied 24 thousand tons of plate to Vyksa Iron and Steel Works, a part of OMK. According to the customs statistics, this is 90% of the total 2016 plate imports from Austria. In April 2016 OMK and Nord Stream-2 AG signed an agreement on the supply of large diameter pipes for the…
The authorities of the so-called Donetsk People’s Republic, a terrorist organization, supported by Russia, on the occupied territory of Ukraine, have started negotiations with the major mining companies of Russia on the delivery of raw materials. The non-existing Ministry of industry of the DPR informs that it is negotiating with the following: Lebedinsky and Mikhailovsky…
Severstal has started assembling the main technological machinery for the ladle-furnace No. 2 at the steel smelting shop of Cherepovets Iron and Steel Works. At present the assembly of a 520-ton crane is coming to an end. “The project costs exceed 3 billion rubles. The new machinery will increase converter steel output to 10 million…
Severstal has signed year-long contracts with the leading car manufacturers from Russia and CIS to supply metal in 2017. According to the company statement, it will supply 70 thousand tons of metal, produced at the Cherepovets Iron and Steel Works, to KamAZ. Severstal also agreed on deliveries to GAZ. The company has been also supplying…