Russia: LMZ SKAD output up

SKAD Casting-Mechanical Plant (Krasnoyarsk region), one of the largest aluminum alloys wheels manufacturers in Russia, this year has increased output by 27% YoY, to 1.2 million wheels. So far exports account for 40% of sales. In 2018 the company will increase investments in modernization and development. This will allow SKAD to increase output by 200-250…

Ukraine: UGOK appoints board member

The supervisory board of Yuzhniy Mining and Processing Works has appointed Elena Sherstyuk, the ex-financial director of Evraz Sukhaya Balka, a member of the board. The decision was taken on December 15. Sherstyuk has replaced Anna Orlova, who in 2006-2011 was the financial department director at Zapadnosibirsky Iron and Steel Works, in 2011-2014 a member…

Ukraine: Metinvest capital investments up in January-September 2017

In January-September Metinvest increased capital investments by 55% YoY, to $308 million. The mining segment accounted for 55% of investments as opposed to 48% in January-September 2016, while metal segment for 43% (51%). Investments in the metal segment went to Mariupol Ilyich Iron and Steel Works and Azovstal. While mining investments were transferred to Severniy…

Russia: NLMK Group offering “Steel Tree” environmental program grants to local communities

NLMK Group, an international steel company with operations in Russia, the USA and the European Union, expands the perimeter of its “Steel Tree” environmental program and announces the launch of target grant allocation to local communities and NGO’s in Lipetsk region, Stary Oskol (Belgorod region) and Zarinsk (Altai region), where NLMK’s key companies are located.…

Russia: Metal Profil expanding in CIS

This month all the Metal Profil products have appeared in Kyrgyzstan. Bishkek citizens were able to start purchasing some materials in October. “Kyrgyzstan is one of the most actively developing countries in the CIS. Having started supplying products to Bishkek we are now able to fully satisfy the needs both of large dealers and private…

Ukraine: AMKR seeking logistics company to deliver metal to ports and iron ore to Europe

PJSC ArcelorMittal Kriviy Rih (Dnipropetrovsk region) is experiencing significant difficulties in transporting 5 million tons of steel products from the enterprise to the Black Sea ports of Ukraine and delivering 2.5-3 million tons of iron ore concentrate to consumers in Eastern Europe, company CEO Paramjit Kahlon has stated. “One of the biggest problems at the…

Russia: Karabashmed modernizing processing factory

Karabashmed has assembled a new thickener with the diameter of 24 meters at its processing factory. The transition to the new machinery with larger diameter will improve productivity and copper concentrate manufacture efficiency, as well as increase the company environmental safety. Moreover under the program of technical development the company has put in operation 5…

Ukraine: ISD officially states loss of control over Alchevsk Works and Alchevskkoks in uncontrolled territory

Industrial Union of Donbas (ISD) Corporation has officially announced the actual loss of effective managerial control over its production assets (industrial sites and office premises in Alchevsk, Luhansk region), including PJSC Alchevsk Iron and Steel Works, PJSC Alchevsk Coke and Chemical Plant (Alchevskkoks) and PJSC Ecoenergy, which together constitute a significant part of the ISD…