Within the framework of the St Petersburg International Economic Forum (SPIEF 2017), Natalya Zhdanova, the governor of the Trans-Baikal territory, and Elena Bezdenezhnykh, Vice-President, State Secretary, Head of GR of Nornickel, signed a social and economic cooperation agreement. Under the agreement, the government of the region will support Nornickel’s investment projects, particularly the company’s key…Details
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The newly elected Board of Directors of NLMK Group held its first meeting following the Annual General Shareholders’ Meeting. Vladimir Lisin was re-elected as Chairman of the Board. The Board of Directors approved a schedule of the Board meetings and formed Board Committees. Independent directors comprise the majority on two of the Board Committees. Strategic…Details
Prime Minister of Ukraine Volodymyr Groisman visited Azovstal Iron and Steel Works on June 1. During his visit, the head of the government had a look at blast furnace No. 4, the most innovative and environmentally friendly smelting facility in Ukraine. Enver Tskitishvili, Azovstal CEO, and Yuri Zinchenko, Mariupol Ilyich Iron and Steel Works CEO,…Details
The department of the State Architecture-Construction Inspection in Donetsk region has checked the object of the fifth difficulty category: “The construction of the first stage of the pulverized coal fuel preparation and injection complex for Azovstal blast furnaces”. The inspectors have checked the finished construction of the object on 1 Leporsky Street in Mariupol, as…Details
The Metinvest group minimal wage equals to the average salary in Ukraine, Prime Minister Vladimir Groysman said during his visit to the city of Mariupol and Azovstal Iron and Steel Works. The company CEO Enver Tskitishvili noted, that in June the salary across the group increased by 20% on average. (Ukrainian metal)Details
In May railroad transportation increased by 3.5% YoY, to 106.5 million tons. According to the Russian Railroads, in January-May throughput increased by 3.8% YoY, to 516.9 million tons. Coke transportation in 5 months increased by 1.3%, to 4.7 million tons, ferrous scrap – by 7.4%, to 5.6 million tons. At the same time ferrous metals…Details
Mednogorsk Copper-Sulfur Works railroad crane fleet has increased by one unit. The cost of the new machinery is around 7 million rubles. The lifting capacity of the crane is 25 tons, with the arm length of 15 meters and the lifting height of 14 meters. “This is a long-expected purchase for us. The cranes that…Details
Chelyabinsk Iron and Steel Works beams are used in the manufacture of railroad cars and flat wagons for cold climate. The company has already supplied 900 tons of rolled metal to Roslavl Wagon-Repair Works. The flat wagons will be used to transport timber and bulk cargo. The metal for such wagons has to be able…Details
Kyshtym Electrolitic Copper Plant has prepared a site for the construction of two additional rows of electrolyses bathes (40 bathes in each row). All the unnecessary equipment has been disassembled. The next stage is creation of the foundation. The KMEZ copper electrolyses shop capacity will increase from 120 thousand tons to 140 thousand tons of…Details
The ChTPZ group and Rostselmash have signed a cooperation agreement. The contract is valid till 2019 and makes ChTPZ the main supplier of pipes. The group will supply not less than 90% of pipes for Rostov Press Works, a part of Rostselmash. (Ukrainian metal)Details
Russia’s Aluminum Association and the aerospace branch of aluminum producer RUSAL will jointly promote seats manufactured by Vemina Aviaprestige, the association said in a statement. The companies have asked the Federal Air Transport Agency, Rosaviatsia, to appeal to the European Aviation Safety Agency (EASA) and FAA for certificate approval of the Russian-manufactured seats, which will…Details
In January-April Central Mining and Processing Works produced 674 thousand tons of pellets, down by 19% YoY. According to a company representative, iron ore concentrate output dropped by 11.4%, to 1.536 million tons. In April CGOK produced 67 thousand tons of pellets and 385 thousand tons of concentrate, down from 200 thousand tons of pellets…Details
Belarus is ready to help Sudan and Egypt with extracting gold and other mineral resources, Belarusian Natural Resources and Environmental Protection Minister Andrei Kovkhuto declared. The relevant matters were discussed as a delegation of the Belarusian Natural Resources and Environmental Protection Ministry visited Sudan and Egypt. Among other things the sides discussed the possibility of…Details