Russia: Rostov region government visits Tagmet

The Taganrog Iron and Steel Works, a part of TMK, has been visited by the Rostov region deputy governor on industry development, energy and transport Vladimir Krupin and the first deputy minister of industry and energy of the region Andrei Savelyev. Together with the managing director Sergey Bilan they have visited the arc-furnace and pipe-rolling…

Ukraine to ban steam coal imports from Russia

Ukraine’s government intends to ban imports of steam coal from Russia, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk declared. “A draft resolution is currently in the pipeline. A decision will follow,” he said when answering a question about plans to ban anthracite coal imports from Russia. The draft resolution is planned to be considered…

Russia: VgAZ-SUAL to start operating in 2017

The resumption of primary aluminum production as well as the creation of a new anode factory at the VgAZ-SUAL works will give the Volgograd region some 2.5 thousand jobs. RusHydro confirmed its readiness to discuss electricity supply to the Volgograd Aluminum Works. It was the high cost of electricity that halted the electrolysis manufacture at…

Russia: ChMK starts producing beams for industrial shops

Chelyabinsk Iron and Steel Works, a part of Mechel, has started producing two types of construction beams.

The new beams (45B1 and 45B2) are used in construction of industrial buildings, warehouses and trade premises. So far the company has shipped over 200 tons of beams to local customers. (Ukrainian metal)

Ukraine: SevGOK to pay 1.8 billion UAH of dividends

The shareholders of the Severniy Mining and Processing Works, a part of Metinvest, intend to spend 1.8 billion UAH on paying dividends for 2016 from the net profit of 3.61 billion UAH.

The dividends will be paid as 0.77643 UAH per ordinary share.

In 2015 SevGOK received 1.21 billion UAH of net losses. (Ukrainian metal)

Russia: aluminum output down in January-February 2017

In January-February primary aluminum production decreased by 3.7% YoY, but the output of aluminum alloys went up by 7.7%.

Aluminum powder and flakes output increased by 15.6%, wire rod, rods and sections – by 11.1%, sheets, plates, bars and strips – by 26%, and foil – by 37.8%. (Ukrainian metal)

Russia: Ruspolymet puts new furnace into operation

Ruspolymet (Kulebaki, Nizhniy Novgorod region) has put into operation the second electroslag remelting furnace with the volume of 14 tons. The construction of two furnaces started in February 2016. The first furnace was put into operation in November 2016. The furnaces are used to produce ingots of structural high-alloyed heat-resistant steels and alloys with the…

Ukraine: Russia stealing 10 thousand tons of coal a day

On March 1-20, over 3.4 thousand wagons with coal passed the border with Russia, according to the statistics data of the Russian Railways.

Thus Russia took some 230 thousand tons of anthracite (10 thousand tons per day) from the uncontrolled territories valued at around 400 million UAH. (Ukrainian metal)