Evraz NTMK has finished the technical modernization of the forging division of its foundry shop. The new equipment will decrease gas consumption by 10% and metal usage by 6%. According to the company statement, the operation schedule has been changed at the shop. A new crane, a semi-automatic band saw and a modernized boring machine…
On February 28, Amurmetal resumes operation after an almost monthly stand still. The company will be working at night under cheaper energy tariffs. So far 9 thousand tons of scrap have been accumulated. In late January Amurmetal was purchased by Torex (Khabarovsk) for 2.46 billion rubles. The purchase agreement has not been signed yet, though…
Donetsk Iron and Steel Works, a part of Donetskstal, has shut down its blast furnace No. 1 because of the absence of iron ore raw materials caused by the railroad blockade. On February 26, the daily shift smelted 400 thousand tons of pig iron, and the BF was shut down. The BF-1 used to produce…
Zaporizhstal ranked first among the steel plants of Zaporizhia region in terms of taxes paid to the national budget in 2016, said the National Tax Inspection Agency for operations with major taxpayers of Zaporizhia. In 2016, major taxpayers of the region paid more than UAH 10 billion in taxes to the national and local budgets,…
ArcelorMittal Kriviy Rih has started hot tests of coke oven battery No. 6, the newest in technology of stamp charging and the first of its kind in Ukraine. Adjustment and pre-commissioning works are in progress, coking chambers have been charged and first trial coke has been successfully produced at coke shop No. 1 of the…
Kazakhstan, which is the biggest uranium producer in the world, plans to decrease uranium production by 8%, or by 2,000 tons in 2017 (about 3% of total global output), Kazakh State Wealth Fund Samruk-Kazyna said in a report. The output will be reduced due to weak market conditions triggered mostly by a global oversupply. In…
According to Interpipe, in 2017 Ukraine will become a net-importer of scrap. The company believes that this year the situation with scrap procurement will further worsen. In 2017 Ukraine will procure 2.9-3.1 million tons of scrap. This is less than what was delivered to local companies in 2016 (3.2 million tons), and much less than…
The Donbass blockade could result in the Kramatorsk Ferroalloys Works shutting down, as the coking coal from the occupied Gorlovka and Alchevsk could not reach the plant. “We have absolutely no coke left”, the company blast furnace shop director Alexander Shikhov said. If the blast furnace is shut down, the whole plant will be closed…