In 2016 the Tuapse Sea Trade Port transshipped 14.1 thousand tons of cargo, down by 4% YoY. According to the port press service, ferrous metals transshipment increased by 8.1% YoY, to 2.25 million tons. A slight decrease in slab exports (by 2.3%) was compensated for by the new cargo for the Tuapse port, in particular…
In 2016 Cherepovets Iron and Steel Works, a part of Severstal Russian Steel, produced 1 thousand tons of two-ply steel. “This is a record volume of the rolled bi-metal produced at CherMK for the past 5 years. Because of the high characteristics it could substitute the foreign analogues on the Russian market”, the Severstal Russian…
In 2016 Yakutugol, a part of Mechel, mined 9.9 million tons of coal, up by 8% YoY. Neryugrinsky pit yielded 9.3 million tons, up by 10% YoY. This is a record for the enterprise since 2008. Kangalassky pit also demonstrated a considerable growth in mining. Last year it yielded 170 thousand tons of coal, up…
Zaporizhstal has commenced SKD assembly of blast furnace No. 3 right on the BF reconstruction site. All metal structures to be assembled on the new foundation weigh about 5,000 tons. To date, the plant has installed one of the six furnace shell blocks previously put together on a preparation site. Specialists have built a new…
SL Zoloto, a joint venture of state industrial corporation Rostec and gold producer Polyus, has won an auction to develop the Sukhoi Log gold deposit in the Irkutsk region having paid 9.4 billion rubles, Natural Resources and Environment Minister Sergei Donskoi reported. “SL Zoloto has become a winner of the auction for the largest gold…
Olenegorsk Mining and Processing Works, a part of Severstal, intends to spend 60 million rubles in 2017 on environment measures, up almost 2-fold YoY. “Our priority is to decrease the impact on air and water. Most of the money will be spent on those projects”, the acting CEO Alexei Scherbakov said. The largest environment project…
The prime minister of Kazakhstan Bakytzhan Sagintayev said that the country might soon lose the Russian coal market. “We have long been witnessing that Russia has been decreasing coal purchases. And the technologies are developing fast. Soon we might lose the market that we have today. We need to think of some other ways”, he…
The first deputy Prime Minister Askar Mamin suggests increasing coal exports to China. “China has increased its coal imports to 200 million tons. We have to see if we can increase our exports there. This is a large market. We have to see if we can supply from bordering regions”, he said. The prime minister…