Representatives of Krasniy Octyabr have held a number of successful negotiations in Uzbekistan. The talks have been held within the business mission of the Volgograd region to Uzbekistan. In Soviet times and in 2000s special steel of Krasniy Octyabr held a niche on the Uzbek market. But several years ago the trade relations were suspended.…
In July Severstal-Metiz is celebrating 15 years since its creation. The company was founded on July 1, 2004 to manage three plants: Cherepovets Steel-Rolling Plant, Orel Steel-Rolling Plant and VolgoMetiz. Since then the company has invested over 12 billion rubles in the modernization of the enterprises. The plant in Orel since 2014 has been manufacturing…
In June Russian Railways throughput totaled 101.6 million tons, down by 5.4% YoY. In H1 throughput dropped by 1.5%, to 633.6 million tons. Ferrous metals accounted for 38.2 million tons, down by 3.3%. In January-June 6.9 million tons of ferrous metals scrap were transported, down by 0.2%. At the same time transportation of iron and…
Chelyabinsk Pipe-Rolling Works will spend all of its 2018 net profit and a part of the profit from the previous years to pay dividends. The decision was taken on June 28 at the annual shareholders meeting. Shareholders and their representatives, owing 97.2715% of shares, participated in the meeting. The total amount to be paid is…
In June Yuzhniy Mining and Processing Works produced 997 thousand tons of concentrate, down by 0.9% YoY. At the same time the manufacture of sinter increased by 17.7%, to 103.7 thousand tons. In January-June UGOK produced 6275.6 thousand tons of concentrate, up by 3.6% YoY. But the sinter manufacture dropped by 25.3%, to 668.7 thousand…
In spite of the initiation of a bankruptcy case, Dneprovsky Iron and Steel Combine intends to operate in normal mode and have no delays. The bankruptcy case was initiated by the Commercial court of the Dniepropetrovsk region on May 31. According to the legislation, under such circumstances the company has limited ability to provide social…
Dalenergomost, a part of KAZ Minerals, has announced an auction to construct energy infrastructure for the Baimskoye copper-porphyry field in Chukotka Autonomous District. The initial (maximum) price of the contract is 17.363 billion rubles. The winner of the auction will have to construct an air electricity line with the length of 741,391 km. The offers…
The Russian government has made a decision to impose temporal quoting of scrap exports. From July 1 till December 31, the delivery of ferrous metals scrap and wastes to countries other than EAEU members will be subject to quantitative limitations. The Ministry of Finances and the Ministry of Economical Development have approved of the decision.…
