In February Russia produced 3.75 million tons of pig iron, down by 5.7% YoY (4.15 million tons in January). In 2 months pig iron output decreased by 6.8%, to 7.9 million tons. Ukraine, although no longer a part of the CIS, produced 1.59 million tons of pig iron, down by 2.6% YoY (1.789 million tons).…
This year Sakhalin region has to mine at least 11.4 million tons of coal. Solntsevskiy Coal Pit LLC must provide for the main volume – 7 million tons. Gornyak-1 LLC is expected to yield 1.9 million tons, Boshnyakovsky Coal Pit LLC – 1 million tons, Sakhalinugol-3 LLC – 850 thousand tons and Western Coal Company…
Zaporozhye Titanium and Magnesium Works LLC has concluded an agreement with the Agency of Investment Management LLC for the delivery of electricity valued at 159.07 million UAH. In April-June the company will supply an unknown volume of electricity at undisclosed price. Previously ZTMK ordered 138 million UAH of electricity for January-March from the “supplier of…
Chelyabinsk Iron and Steel Works has won a tender of the Belarus Railways to supply R65 rails. In particular, 10 thousand tons of rolls will be used to modernize a major railroad route Orsha-Central. The delivery is scheduled for late March 2020. This is the third time that ChMK will supply rails to the Belarus…
In 2018 Uralelectromed received 807 million rubles of net losses as opposed to 1.3 billion rubles of net profit in 2017. Revenue grew by 14%, to 42.27 million rubles. Sales profit fell by 45%, to 1.55 billion rubles. (Ukrainian metal)
This year Kseniyevsky Priisk, operating in the Zabaikalye region, intends to extract 1050 kg of alluvial gold. Last year the enterprise extracted 1311.5 kg of gold, up from the plan of 745 kg. The equipment is 65% ready for the washing season. In 2016 the enterprise extracted 737 kg of gold and in 2017 –…
Energomashspetsstal has started manufacturing a bulk supporting roll with the weight of 147.5 tons for ArcelorMittal Galati (Romania). The roll will be used in the plate mill. It will be manufactured of an ingot weighing 355 tons of medium-alloyed steel. The length of the roll will exceed 10 meters. The roll has to be produced…
In 2018 Novosibirsk Iron and Steel Works named after Kuzmin received 4.45 million rubles of net profit. In 2017 the company saw a net loss exceeding 100 million rubles. Revenue went up by 41%, to 8.76 billion rubles. Sales losses totaled 162 million rubles, down by 17%. (Ukrainian metal)