Norilsk Nickel and Atomflot have concluded a long-term agreement on the icebreaker fleet services. The agreement has been concluded until 2027 with a possible prolongation until 2029. The document, which is an addendum to the current agreement signed in 2014, provides for the services of making and maintaining channels in the ice fringe of the…
DetailsInterpipe has developed and shipped the first batch of ULT SP mounted axle for Spanish market. The new structure is a part of the Ultimate product line and is intended for cargo railroad cars. In October Interpipe successfully completed all tests and certifications at European centers. The wheel pair is designed specifically for Iberian railroad,…
DetailsIn November among metal and mining companies ArcelorMittal Kriviy Rih received the most of VAT refunds. According to the State Treasury Service, AMKR received 1.358 billion UAH, Mariupol Ilyich Iron and Steel Works – 639.373 million UAH and Azovstal – 598.023 million UAH. VAT reimbursement in November amounted to 11.329 billion UAH. (Ukrainian metal)
DetailsIn January-November West-Siberian Railroad transported 320.3 thousand TEU containers, up by 11.3% YoY. In particular, 14.3 thousand containers with ferrous metals were transported, up by 0.4%. Transportation of metal structures grew by 35.3%, to 1.4 thousand containers. (Ukrainian metal)
DetailsIn November Krasnoyarsk Railroad transported 7.4 million tons of cargo, up by 2.3% YoY. In 11 months transportation totaled 77 million tons. In particular, the railroad transported 49.7 million tons of coal, up by 4.3% YoY, and 831.2 thousand tons of iron and manganese ore, up by 6.8%. At the same time transportation of non-ferrous…
DetailsIn November Southeastern Railroad transported 7.168 million tons of cargo. In 11 months transportation exceeded 77 million tons. In particular, transportation of ferrous scrap grew by 2.9%, to 325.1 thousand tons. At the same time transportation of iron and manganese ores dropped by 3%, to 36.224 million tons, ferrous metals – by 13.2%, to 12.764…
DetailsIn January-November Zabaikalye Railroad transported 4.5 million TEU containers, up by 12.2% YoY. In particular, transportation of metal wares grew by 8.4%, to 262.7 thousand containers, ferrous metals – by 12.6%, to 126.9 thousand TEU, non-ferrous metals – by 5.7%, to 104.5 thousand containers, and metal structures – by 52%, to 16.5 thousand containers. At…
DetailsIn January-November the Southeastern Railroad transported 51.861 TEU containers, up by 22.3% YoY. In particular, 24.5 thousand containers were transported domestically (+22%), 21 thousand containers for exports (+27%), and 6.4 thousand containers were imported (+10.2%). Transportation of ferrous metals grew by 37.1%, to 26. 7 thousand containers, while of metal wares – dropped by 4%,…
DetailsIn January-November the Sverdlovsk Railroad transported 30 million tons of cargo in Nizhnetagilsky district, up by 3.2% YoY. In particular, the railroad transported 4.2 million tons of ferrous metals, up by 6%, 1.5 million tons of fluxes, up by 0.6%, and 0.5 million tons of coke, up by 11.9%. At the same time transportation of…
DetailsIn November the electric steel shop No. 2 and the shaped casting shop of Krasniy Octyabr Iron and Steel Works produced 27.2 thousand tons of steel, up by almost 3 thousand tons than planned. In November 2018, 4.1 thousand tons of liquid steel were produced, down 6.5-fold than this year. Moreover, the company has also…
DetailsSibcable has commissioned two new high-speed twister machines. The total cost of the project is 320 thousand euros. The new machines will be operating in the shop No. 6, which produces mine and excavator cables, as well as power cables of ordinary usage. Their capacity is 5 times higher than that of the other machines…
DetailsThe Buryatzoloto board of directors has again decided to change its daughter company Zun-Kholba LLC statutory capital. The company owns a license to develop the Zun-Kholbinskoye deposit in the Republic of Buryatia. In particular, the statutory capital will increase from the current 10 thousand rubles to 277.563 million rubles. In September the board decided to…
DetailsMechel-Service has supplied some 4.5 thousand tons of rolled metal for the construction of a bridge over the Samara River. The first stage of the 6-lane Frunze Bridge with the length of 670 meters will be opened in December. In construction rebars and beams manufactured at Chelyabinsk Iron and Steel Works have been used. Mechel-Service…
DetailsIn January-November Amur region extracted 24.284 tons of gold, up by 12.4% YoY. In particular, ore gold output reached 15.8 tons, up by 21%, and alluvial gold – 8.483 tons, down by 1%. Petropavlovsk Group was the main extractor of gold, having provided for the output of 13.13 tons. In January-November 2018 Amur region extracted…
DetailsThe chairman of the State Duma Vyacheslav Volodin and the Saratov region governor Valeriy Radayev have visited the metal works in Balakovo. Its capacity is over 1 million tons of bars per year. Next year the region will be able to spend 50% of its funds on development of manufacture and infrastructure. In particular, Balakovo…
DetailsEvrazMetal Sibir LLC has been reorganized by merging with Evraz Metal Inprom. Now the company is represented on the territory of Russia by a single entity – Evraz Metal Inprom, at the same time all the subsidiaries, as well as their contact information remain the same. All the EvrazMetal Sibir obligations to clients and partners…
DetailsLast week the price of one ounce of gold increased by 20.3 manats ($11.9) or by 0.8%. Accordingly, the average price of one ounce of gold stood at 2,499 manats ($1,470). The price of one ounce of silver grew by 0.117 manats ($0.06) or by 0.4%, to 28.8 manats ($16.9). The price of one ounce…
Details