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Vyksa Iron and Steel Works increased sales of railroad wheels by 25% YoY in 2018, to 860 thousand pieces. This is the highest result in the company 45-year history. The previous record of 850 thousand wheels was set in 2012. “The increase of railroad wheels manufacture and sales has to do with the high demand…
DetailsNLMK Group has sold 100% of its stake in NLMK Accounting Center to Fletcher Group Holdings Limited for a total of 23.9 million rubles. NLMK Accounting Center will be used as a platform for setting up a single service company, NLMK Corporate Solutions Center, that will provide services to NLMK Group companies and Universal Cargo…
DetailsIn 2018 VIZ-Stal increased output by 5% YoY, to 170.4 thousand tons of transformer steel. The loading of capacities was high – 99%. Sales also grew by 5%, to 168.2 thousand tons. Exports accounted for 77%. The main customers were India, Turkey, Near East and North America. (Ukrainian metal)
DetailsThis year Kuzbass region intends to commission 6 coal objects. In particular, these are two pits – Chernokaltanskiy (Ugletrans LLC) and March 8 (SDS-Ugol) with the capacity of 2 million and 1 million tons of coal per year respectively. Combined they will create 450 jobs. Moreover, coal companies plan to put 4 processing factories into…
DetailsInterpipe NTZ has completed an investment project to modernize a pipe heat treatment site in the pipe-rolling shop No. 4. The cost of the project is $5 million. “The modernization of heat treatment at NTZ is one of our most important investment projects. The existing water supply system was outdated. Now we can increase the…
DetailsIn 2018 Zaporozhye Ferro Alloys Plant decreased output by 7.2% YoY, to 246.1 thousand tons. In particular, ZZF increased silicomanganese manufacture by 0.3%, to 123.095 thousand tons, but decreased those of ferrosilicon by 18.8%, to 75.4 thousand tons, and ferromanganese by 4.2%, to 39.3 thousand tons. The metallic manganese output dropped by 2.4%, to 7.4…
DetailsIn the town of Sibay (Republic of Bashkortostan) a copper quarry will be flooded in 5-7 days. According to the mayor Rustem Afzalov, at present oxidizing processes in the quarry are being eliminated. In order to completely eliminated fires there it was decided to partially flood the Sibay quarry and the Novosibay mine. In a…
DetailsIn December 2018 Amurstal received 59 thousand tons of ferrous scrap via railroad. This is up from 10.3 thousand tons in December 2017. In January-December 2018 the company received 548.7 thousand tons of scrap, up 6.2-fold YoY. This is also the highest result in the past 3 years. (Ukrainian metal)
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