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Category Archives: Asha Iron and Steel Works

Russia: Asha Works assembling muffle furnace

Asha Iron and Steel WorksBy admin02.08.2017Leave a comment

Asha Iron and Steel Works is assembling a new electric muffle furnace at its sheet-rolling shop No. 3. When the new machinery is put into operation, the cycle of thermo-chemical treatment of bands of heat- and corrosion-resistant steel and alloys produced at the company will be complete. The workspace of the furnace is 750 mm.…

Russia: AMZ puts into operation thermo-chemical processing line

Asha Iron and Steel WorksBy admin11.07.2017Leave a comment

Asha Iron and Steel Works is assembling a new electric muffle furnace at its sheet-rolling shop No. 3. When the furnace is put into operation, the cycle of thermo-chemical processing of heat- and corrosion-resistant steel and alloys will be complete. The smelting chamber of the furnace has the width 750 mm, thrice that of the…

Russia: AMZ not to pay dividends

Asha Iron and Steel WorksBy admin06.06.2017Leave a comment

The annual shareholders meeting of Asha Iron and Steel Works decided to leave the 2016 net profit to the company and not to pay dividends. According to the company CEO Vladimir Myzgin, the year 2016 was more efficient than 2015. Despite tough conditions on sales markets and sanctions, the company increased output by 6% YoY.…

Russia: AMZ expands metal structures sheet production

Asha Iron and Steel WorksBy admin06.06.2017Leave a comment

Asha Iron and Steel Works has started producing 12-meter sheet for welded beams. According to the company representatives, there is a demand for such products. 12-meter sheets allow producing the beam of the necessary length without additional welding. AMZ plans to continue modernizing its sheet-rolling manufacture, improving the quality and expanding the product range. In…

Russia: Asha Works returns to profits

Asha Iron and Steel WorksBy admin06.04.2017Leave a comment

In 2016 Asha Iron and Steel Works received 98.51 million rubles of net profits. According to the company statement, for the last 5 years it has been getting losses. Income in 2016 increased by 9%, to 18.92 billion rubles. Sales profit reached 1.43 billion rubles as opposed to 641 million rubles in 2015. The company…

Russia: Asha Works starts briquetting trials

Asha Iron and Steel WorksBy admin27.02.2017Leave a comment

The Asha Iron and Steel Works has commenced pilot operation of its briquetting line, the construction of which started in autumn 2016. The line was supplied by Spidermash (Yekaterinburg). The capacity of the line is 12 tons per hour. “The briquetting site with the size of 1824 square meters is in the ferroalloys warehouse No.…

Russia: AMZ takes loan to modernize capacities

Asha Iron and Steel WorksBy admin16.01.2017Leave a comment

In 2017 Asha Iron and Steel Works will go on with its program to modernize its industrial capacities. In particular, the company plans to start producing a new type of rolled metal and complete the construction of the steel thermal treatment furnace, which began in December 2016. “Our other goal is to get the loan…

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