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Elgaugol LCC is assembling 2 powerful excavators at its Elga coal complex. Investments in the project totaled 1.8 billion rubles. The excavators have been produced and supplied by Uralmashzavod. The assembly of the EKG-18 excavator with the ladle size of 18 cubic meters will be complete in late January 2019, while the commissioning of the…
DetailsSeverstal Steel Decisions is participating in several major construction projects at once. In particular, the company has won a tender to supply metal structures for the construction of the Kola Iron and Steel Company in Murmansk region. Severstal Steel Decisions also got an order to supply metal structures for the construction of a mini heat…
DetailsAt a meeting held on December 21, NLMK Group’s Board of Directors approved updated versions of its internal corporate documents (NLMK Group’s Anti-Corruption Policy, NLMK Group’s Corporate Ethics Code, Regulations on NLMK’s HR, Remunerations and Social Policy Committee, Regulations on NLMK’s Corporate Secretary, NLMK’s Corporate Governance Code). Updated versions of NLMK Group’s Corporate Ethics Code…
DetailsAt the Extraordinary General Shareholders’ Meeting (EGM) held on December 21, NLMK shareholders approved the payment of Q3 dividends of 6.04 rubles per share. The date upon which the shareholders entitled to Q3 dividends would be determined was set as January 9, 2019. January-September dividends will amount to 17.01 rubles per share. The Shareholders’ Meeting…
DetailsIn November Ukraine decreased steel output by 11.2% YoY, to 1.66 million tons, retaining the 13th place in the rating of 64 countries-manufacturers of steel compiled by World Steel Association. China increased output by 10.8%, to 77.62 million tons, securing the first place. As a result of 11 months Ukraine also holds the 13th place…
DetailsMariupol Ilyich Iron and Steel Works has signed an agreement with Energomashspetsstal on the delivery of 1 thousand tons of rolls for the sheet-rolling shop-1700. The tenders took place in March and August. EMSS will supply back up and vertical rolls for hot-rolling mill. The rolls have to be supplied in H1 2019. (Ukrainian metal)
DetailsSince commissioning of the rail and beam mill, Chelyabinsk Iron and Steel Works has shipped 2 million tons of metal. Sections accounted for 54% of the products shipped and rails – 46%. The rail and beam mill was commissioned in 2013. So far it has mastered the manufacture of 55 types and sizes of flanged…
DetailsThe mine named after Kirov, a part of SUEK-Kuzbass, has met its annual target in advance, having extracted 5 million tons of coal. Despite its age (the mine was created in 1935), it is one of the most advanced mines in Russia. Investments in the mine development in the past 6 years totaled 12 billion…
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