On May 10 several hundreds of Evraz Sukhaya Balka miners did not return from underground. “The company is negotiating with them”, the press-service reported. “The medical service controls their health. Despite long delays in operation because of the lack of licenses to use subsoil, the company continues paying salary”. Since last September the mine has…
DetailsIn January-March Severstal Distribution increased metal sales by 13% YoY, to 395 thousand tons. Because of the rolled metal price increase the company earnings rose by 71% YoY, to $225 million. “The steel market remains highly volatile. According to analysts, metal consumption in Russia this year will increase by 1.8%, in Northern Europe – by…
DetailsThe Rusal Bratsk board of directors recommended its only shareholder Rusal to pay dividends for the first quarter of 2017 in the amount of 408.7 rubles per share. According to the company statement, the closing date of the shareholders registry entitled to receive dividends is May 22. The total amount of dividends is thus 2.25…
DetailsIn the current washing season Plamya intends to get 450 kg of gold. Last year the company yielded 379 kg. The growth will be reached thanks to the third licensed site put into operation. In addition to Sildigir and Sygynakh in Yakutia, the company will also wash for gold in Komagin. According to the company…
DetailsMechel-Service delivered the first batch of rebars for the construction of the Third Interchange Contour of the Moscow subway. The construction company received 560 tons of rolled metal. The Chelyabinsk Iron and Steel Works rebars are used in the construction of 6 stations: Delovoy Tsentr, Shelepikha, Khoroshevskaya, Khodyn Field, Petrovsky Park and Nizhnyaya Maslovka. (Ukrainian…
DetailsFerrum has put into operation its modernized TESA (pipe welding) 51-190 mill. The mill produces steel pipe of 219 mm diameter, used mostly in pipelines. The wall thickness is 3-8 mm. Ferrum started manufacturing electric welded pipes in 2015, having put into operation three pipe welding mills with the total capacity of 15 thousand tons…
DetailsThe net profits of Magnitogorsk Iron and Steel Works in January-March increased by 53.5% YoY, to $241 million. According to the company statement, earnings increased by 58.1% YoY because of the higher sales prices (by $249 per ton, or by 76.8%). EBITDA grew by 106.4%. (Ukrainian metal)
DetailsIn January-March Poltava Mining and Processing Works, a part of Ferrexpo, exported 2.527 million tons of iron ore pellets. Ukrainian pellets went to Europe and the Near East, as well as Japan, China and Korea. At the same time Karelsky Okatysh exported 1.459 million tons of pellets, Lebedinsky GOK – 996 thousand tons, Mikhailovsky GOK…
DetailsTugnuyskaya Processing Factory has good prospects of developing. To increase capacity SUEK decided to construct another processing factory. “When the second module of the factory is put into operation, we will increase capacity and create 100 new jobs”, the acting deputy CEO on processing of Tugnuyskaya Factory Igor Shkodin said. The annual processing plan for…
DetailsThe contract for the new gyratory crusher was concluded after the Uralmashzavod specialists checked the crushing machinery at the processing factory of the Stoylensky Mining and Processing Works. The new machine will replace a similar one, produced by Uralmashzavod and delivered in 1983. The crusher has already been tested and supplied to the GOK. (Ukrainian…
DetailsEvraz NTMK has started work on increasing the range of the environment management system (EMS) certification. In accordance with ISO 14001:2015 the company specialists are preparing the coke manufacture and furnace shop EMS for certification. EMS was implemented at NTMK in 2004. All the structural divisions of the works, involved in the manufacture of steel,…
DetailsGazprom will purchase 121 thousand tons of pipes with diameter of 1020, 1220 and 1420 mm and outer three-layer insulation from Zagorsky Pipe Works. The pipes will be used to repair main pipelines. The order will completely cover the current needs of Gazprom for repair. The delivery will be carried out by installments by the…
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