Russia: Severstal-Balakovo sets steel ladle record

Severstal – Balakovo Bar Works has set another record of the average ladle steel smelting resistance.

The record of 171 smeltings (with average being 128) was set in Q1.

The new record has exceeded the previous of 121 smeltings, which was one of the best results for mini-mills. (Ukrainian metal)

Russia: Karelsky Okatysh completes pelletizing machine repair

Karelsky Okatysh has finished the scheduled repair of the pelletizing machine No. 2.

In particular, the size of the machine was increased.

The main repair was carried out in a week.

Repairs scheduled for 2018 will increase the machine capacity from 494 to 527 tons of pellets per hour. (Ukrainian metal)

Russia: UralKuz sales up in Q1 2018

In January-March UralKuz increased sales by 43% YoY.

According to the company statement, customers were shipped some 35 thousand tons of metal, up by 10.4 thousand tons YoY.

Railroad axles showed the largest increase in sales – by 63%.

Metal for the UralKuz manufacture is supplied by Chelyabinsk Iron and Steel Works. (Ukrainian metal)

Russia: government to support RUSAL facilities

The Russian government does not plan to acquire a stake in the sanction-hit aluminum giant UC RUSAL, but will support facilities of the company so that they don’t stop working, Finance Minister Anton Siluanov declared on April 11. On April 6 the U.S. imposed sanctions against 38 Russian tycoons, officials and companies, including tycoon Oleg…

Ukraine: new foundry opens in Melitopol

Despite several years of military activity, the city of Melitopol, situated not far from the war zone, is developing machine-building. Soon the TurboCom group of companies will open a new manufacturing complex EcoPromLit. The company will produce cast iron according to gasifiable pattern molding. With the help of this method some 30% of castings are…

Russia: Rosgeologia starts gold prospecting at new site in Amur region

Far East PGO, a part of Rosgeologia, starts prospecting for gold at the Solovievskaya territory in Amur region.

The prospecting will last for 3 years, from Q2 2018 till Q4 2020.

The total size of the territory is 270 square km. (Ukrainian metal)

Russia: Elgaugol output up in Q1 2018

In January-March Elgaugol LLC mined 1.2 million tons of coal, up by 43% YoY. Coal processing increased by 21%, to 585 thousand tons. Sales totaled 962 thousand tons, up by 47%. “This year we had a good manufacturing start. The quarter results became the logical continuation of the successful operation last year”, the company managing…

Russia: Rusal switches from dollar to euro

Rusal has implied an emergency plan and asks its customers to pay in euros, not dollars, thus trying to avoid US sanctions. “The company has started a protection plan, just like Iran”, a source reported. Some years ago Iran used gold, oil and Japanese yen to pay for goods. Several Rusal clients have already started…