According to the Federal Service of State Statistics, in January-June Russia produced 25.6 million tons of pig iron, down by 1.4% YoY. In June output dropped by 3.7% MoM and by 3.1% YoY. Rolled metal manufacture in 6 months grew by 0.2%, to 30.8 million tons. In June output decreased by 3.7% MoM, but increased…
Operations on the Denisovskaya mine of Russian coal producer Kolmar in the republic of Yakutia were suspended due to a fire on a supporting power utility, an official in the regional emergency services reported. “The mine has been disconnected from electric power, work have been suspended,” the official said, adding that there were no victims…
SAIL has ordered Energomashspetsstal the delivery of over 1 thousand tons of rolls. The agreement was concluded after a tender held in July. EMSS rolls will be used at the new Rourkela Steel Plant hot-rolling mill-2250. According to the agreement, EMSS will supply 25 supporting rolls with the total weight of 1191 tons in Q2…
Since 2015 Zaporizhstal has invested 30 million UAH in the support of the child sport, and together with other Metinvest companies and the Shakhter football club has initiated a new social project. Zaporizhstal, Zaporozhogneupor and Zaporozhye Casting and Foundry Works together with the Shakhter club are carrying out a project to provide 300 local children…
Mechel intends to reach agreements with its main creditors to postpone debt-clearing time. In 2016 the company agreed with the state banks and restructured the larger part of its debt, having postponed payments to 2020-2022. The company has started new talks with its creditors believing that the current cash flow will not be enough to…
Chepets Mechanical Works has started trial work to process wastes originated when the company produced uranium tetraftorid. This is the first project in Russia to process uranium tailings bottom sediment. The uranium tetraftorid manufacture (the first stage of uranium conversion) was shut down in 2013. Research showed that the company could now produce ammonium poliuranate…
Cabinet of Ministers has made amendments to the order of using state budget funds for the restructure of coal industry to clear salary debts to miners. The amendments provide for transferring 100 million UAH to pay salary to state miners. 100 million UAH more will be spent to pay for electricity at mines. And 150…
In January-July deliveries of coking coal to by-product coke plants decreased by 2%, to 8.28 million tons, including 1.83 million tons of local coals (+17%) and 6.45 million tons of imported coal (-6%). The share of imports dropped to 77.9% from 81.4% in January-July 2018. In July coal deliveries grew by 22%, to 1.18 million…