Magnitogorsk was removed from a list of Russian cities with very high levels of air pollution, according to a report by the Federal Service for Hydrometeorology and Environmental Monitoring (Roshydromet) in 2018. Thanks to MMK’s large-scale environmental programme, the Comprehensive Air-quality Index (CAI) indicator for the city will be reduced to a low level by…
NLMK’s carbon oxide (CO) emissions set to reduce by 3,000 tonnes per year, GHG (СО2) emissions set to reduce by 650,000 tonnes per year NLMK Group, a global steel company, and the Administration of the Lipetsk Region have signed a memorandum of intent to build a new recovery power plant at NLMK Lipetsk, running on…
According to the Order of the Directorate of Rosprirodnadzor (Federal Service for the Supervision of Use of Natural Resources) for Zabaikalye Region, the state environmental expert committee of the federal level approved design documentation for Udokan Mining and Metallurgical Plant Stage 1 with the capacity of 12 mtpa of ore. The expert committee found that…
Venturing into the steel sector through these inorganic route entailed quite a struggle for the company, with the acquisition of the debt-ridden ESL materialising only after protracted battles in bankruptcy courts. Vedanta, industry news, ESL, steel maker, Electrosteel Steel, BPSL, Bhushan Power & Steel, JSW Steel Shortly after acquiring ESL, Vedanta announced capacity expansion of…
NEW DELHI: A couple of weeks back, over 200 families living in a prominent Noida housing society got eviction notices from a bank asking them to vacate their homes. The notices, sent by the Union Bank of India, were nothing less than the shock of their lives for the residents of Gardenia Gateway who were…
Reuters reported that thyssenkrupp was filing a complaint with a European court to dispute an antitrust decision that blocks a planned joint venture with Tata Steel. The complaint to the General Court of the European Union seen as a symbolic move comes after the Commission in June vetoed plans to create Europe’s second-biggest steelmaker, fearing…
Sales volumes for Brazilian distributors of flat-rolled steel rose year-on-year in July for the fifth month this year, with figures recovering from a weak performance in 2018 and companies continuing to destock, national steel distributors’ association Inda said on Wednesday August 21. An error in Inda’s press release for June meant that a year-on-year fall…
Business sentiment is unsettled, in Brazil. Distributors and end-users are frustrated with the increased transaction values proposed by their domestic suppliers. The latest initiative, delayed until July, is viewed as excessive. The business climate is challenging, in the Russian Federation. Inventory levels are being controlled, throughout the supply chain. We note a reluctance on the…
