The Rostov region governor Vasily Golubev and the Don-Metall CEO Natig Asadov have signed an agreement on cooperation in construction of the metal works in the city of Kamensk-Shakhtinsky with the capacity of 160 thousand tons of hot-rolled rebars per year. Investments will total 3.3 billion rubles. Last year the company constructed the transformer substation…
DetailsSeverstal has reported the beginning of the full-scale operation of its online store, presented in November 2016. Now all clients of the company (except for individuals) can buy the standard Severstal products (over 5 thousand types) online. The new store has been created on the basis of SAP Hybris. It is expected that in 2018,…
Details250 million rubles will be sent to support mining and metallurgical companies of Primorye. The financial support is provided under the new local decree “On industrial policy”. At present the department of industry of the Primorsky Krai is preparing the documents on granting subsidies to mining and metal companies. The new decree “On industrial policy…
DetailsPereyaslovsky open-pit mine, a part of Russian Coal, Krasnoyarsk Krai, has mined the 75-millonth ton of coal. January also saw the record railroad shipments of coal – 713 thousand tons. Total coal delivery from the mine reached 733 thousand tons. The Pereyaslovsky mine was put into operation in 1983. Its project capacity is 7 million…
DetailsIn 2016 Russia exported 185.7 thousand tons of raw nickel to the world market, down by 18% YoY. According to the Federal Customs Service, exports to far foreign countries dropped by 18%, to 185.3 thousand tons, but to CIS-countries – doubled to 0.4 thousand tons. (Ukrainian metal)
DetailsEvraz NTMK has finished the technical modernization of the forging division of its foundry shop. The new equipment will decrease gas consumption by 10% and metal usage by 6%. According to the company statement, the operation schedule has been changed at the shop. A new crane, a semi-automatic band saw and a modernized boring machine…
DetailsOn February 28, Amurmetal resumes operation after an almost monthly stand still. The company will be working at night under cheaper energy tariffs. So far 9 thousand tons of scrap have been accumulated. In late January Amurmetal was purchased by Torex (Khabarovsk) for 2.46 billion rubles. The purchase agreement has not been signed yet, though…
DetailsDonetsk Iron and Steel Works, a part of Donetskstal, has shut down its blast furnace No. 1 because of the absence of iron ore raw materials caused by the railroad blockade. On February 26, the daily shift smelted 400 thousand tons of pig iron, and the BF was shut down. The BF-1 used to produce…
DetailsZaporizhstal ranked first among the steel plants of Zaporizhia region in terms of taxes paid to the national budget in 2016, said the National Tax Inspection Agency for operations with major taxpayers of Zaporizhia. In 2016, major taxpayers of the region paid more than UAH 10 billion in taxes to the national and local budgets,…
DetailsArcelorMittal Kriviy Rih has started hot tests of coke oven battery No. 6, the newest in technology of stamp charging and the first of its kind in Ukraine. Adjustment and pre-commissioning works are in progress, coking chambers have been charged and first trial coke has been successfully produced at coke shop No. 1 of the…
DetailsKazakhstan, which is the biggest uranium producer in the world, plans to decrease uranium production by 8%, or by 2,000 tons in 2017 (about 3% of total global output), Kazakh State Wealth Fund Samruk-Kazyna said in a report. The output will be reduced due to weak market conditions triggered mostly by a global oversupply. In…
DetailsAccording to Interpipe, in 2017 Ukraine will become a net-importer of scrap. The company believes that this year the situation with scrap procurement will further worsen. In 2017 Ukraine will procure 2.9-3.1 million tons of scrap. This is less than what was delivered to local companies in 2016 (3.2 million tons), and much less than…
DetailsThe Donbass blockade could result in the Kramatorsk Ferroalloys Works shutting down, as the coking coal from the occupied Gorlovka and Alchevsk could not reach the plant. “We have absolutely no coke left”, the company blast furnace shop director Alexander Shikhov said. If the blast furnace is shut down, the whole plant will be closed…
DetailsFollowing the increase of the minimal wage to 3200 UAH from January 1, metal companies of Mariupol, nevertheless, do not plan to fire employees. According to Azovstal HR director Konstantin Voitsekhovsky, all the jobs have been kept. “As of January the average salary was 10 thousand UAH. That’s considerably higher compared to the average salary…
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