In January-September Svyatogor, a part of UGMK, invested over 120 million rubles in labor protection, industrial and fire safety, etc. This amounted to 34.8 thousand rubles per each employee. In particular, to improve working conditions the company has spent 45.325 million rubles. 56.463 million rubles were invested in the purchase of special clothes, shoes and…
KUMZ is actively certifying its plates and sheets from the new rolling site for Boeing. This meets the company goal of market development and optimal loading of the new rolling manufacture. Boeing is treated as the first foreign corporation to audit KUMZ. (Ukrainian metal)
NLMK has celebrated 85 years of obtaining its first pig iron. The celebration was marked by manufacture at the Rossiyanka blast furnace. “On November 7, 1934 the first blast furnace of the future Russian metallurgy giant produced its first 64 tons of pig iron”, NLMK managing director Vyacheslav Vorotnikov declared. (Ukrainian metal)
In August Russia imported 3.3 thousand tons of raw zinc, down by 2% MoM, but up 7-fold YoY. Kazakhstan and Uzbekistan decreased deliveries by 5%, to 1.9 thousand tons and 798 tons respectively. Import price in August dropped by 5%, to $2.6 per kg. In January-August imports totaled 33.9 thousand tons, up by 322% YoY.…
The net profit of the Russian aluminum giant UC RUSAL fell by 47.4% YoY, to $819 million in January-September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on November 8. The adjusted net loss amounted to $132 million after an adjusted net profit of $873 million a year ago.…
In September molybdenum concentrate manufacture in Armenia reached 1330 tons, down by 12% MoM, but up by 60.7% YoY, and ferromolybdenum – 668 tons, up by 33.9%, but down by 9.4% respectively. Concentrate output in 9 months amounted to 11 thousand tons, up by 31.8% YoY, and ferromolybdenum – 5600 tons, up by 12.9%. (Ukrainian…
Dneprovsky Iron and Steel Works has finished the capital repairs of its coke-oven battery No. 5 and switched to battery No. 4. In spring 2020 repair will start at the first and second complexes of coke-oven batteries, planned to be finished in December 2020. Investments will reach $13 million. Coke output will grow by 26%,…
In January-September ArcelorMittal Kriviy Rih capital expenses exceeded $282 million. Until the end of the year the investments are expected to reach $390 million. This year the company has finished the reconstruction of its small-section mill No. 250-4 having invested over $50 million. The new continuous casting machine No. 3 is undergoing hot tests, and…
