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)
The self-proclaimed Donetsk People’s Republic (DPR) has sent the first, ‘trial’, consignment of its coal to Russia. “Today first 95 wagons of coal departed. This is a trial consignment,” DPR leader Alexander Zakharchenko said. Zakharchenko did not elaborate on any specific characteristics of the coal supplied. (Interfax-Ukraine/Ukrainian metal)
In 2017 the Ministry of energy and coal industry expects the uranium concentrate output to increase by 21.5% YoY, or by 215.9 tons, to 1.221 thousand tons. According to the ministry statement, the forecast for 2018 is 1.501 thousand tons (up by 22.9% YoY), for 2019 – 2.48 thousand tons (up by 65.2%), and for…
In 2016 VSMPO-Avisma, the leader of the Russian titanium industry and the largest taxpayer of the Sverdlov region, increased net profits 1.8-fold YoY, from 14.8 billion rubles to 26.6 billion rubles. The revenues totaled 76.2 billion rubles, up by 4.9% YoY. The net profits were influenced by the growth of the dollar exchange rate resulting…
Yuzhny Kuzbass, a part of Mechel, has purchased a pump for coal concentrate water separation before drying valued at some 6 million rubles for its Siberia central processing factory. The new pump boasts better productivity, as it creates up to 300 cubic meters of air environment per minute, and can also decrease electricity expenses. The…
Evraz has paid some of its loans to a number of banks in Kazakhstan in advance. According to the group statement, it has cleared $120 million of its pre-export financing loan of $500 million, $81 million of the $125 million loan from Unicredit, and $87 of $100 million from Nordea. The Kazakhstan Bank on Development…
Energomashspetsstal will produce working rolls for two ArcelorMittal works. According to the company statement, it will supply 4 working rolls for hot-rolling to Belval & Differdange. According to the contract, the rolls will be delivered in Q3. Their total weight is 130 tons. For ArcelorMittal Kriviy Rih EMSS will produce 8 rolls with the total…