Russia: Uchaly GOK buys new machinery

Uchaly Mining and Processing Works has received 2 Sandvik DD311 drilling machines and a Sandvik TH545 underground dump truck.

The machines will be operating at the Novo-Uchalinsky mine.

This is the second underground truck bought this year for the Novo-Uchalinsky deposits.

Ore mining will start next month. (Ukrainian metal)

Russia: OMK opens e-store

The United Metal Company has opened an Internet store.

The shop sells springs made by Chusov Iron and Steel Works as well as Almeteyevsk Works pipes.

The new system allows small and medium business to order products directly from manufacturers. (Ukrainian metal)

Russia: TMK to pay 2.355 billion rubles of dividends

Pipe Metal Company has held an annual meeting of the shareholders.

According to the company statement, it was decided to distribute 2017 net profit as dividends of 2.28 rubles per ordinary share for the total amount of 2.355 billion rubles.

Ernst & Young was selected as the company auditor. (Ukrainian metal)

Russia: KZOTsM commissions energy resources counters

Within the second stage of the automate system of technical measuring of fuel and energy resources the Kirov Non-Ferrous Metals Processing Works is assembling and commissioning various electric energy and natural gas metering devices. The system will comprise 200 metering units to allow for a more detailed control and better planning of energy resources consumption.…

Russia: NLMK Group takes part in CWIEME Berlin

NLMK Group, a global steelmaker, participated in CWIEME Berlin 2018, the leading event for electric motor and transformer manufacturing technologies, which took place in Berlin on June 19-21. Every year CWIEME Berlin brings together over 750 exhibitors from more than 80 countries around the world, including the largest manufacturers of electric motors, transformers, generators, as…