Russia: ChelZinc produces trial batch of indium alloy wire

Chelyabinsk Zinc Works produced a trial batch of wire made of indium alloys.

The wire consists of 52% of indium and of 48% of tin.

At present the company is studying the market.

Trial samples of wire have been sent to prospective customers. (Ukrainian metal)

Russia: steel furnace vault destroyed at Bezhitskaya Stal

On August 30 the vault of the arc furnace at Bezhitskaya Stal was partially destroyed.

5 people were injured in the accident.

The company is operating in the normal mode, no manufacturing process has been suspended.

According to the preliminary inspection, it will not take long to resume the operation of the furnace. (Ukrainian metal)

Ukraine: 4236 children spend time in summer camps of ArcelorMittal Kriviy Rih

The last fourth rest period in summer camps Parus and Burevesnik is over. A total of 2231 children had rest in Parus during summer, and 2005 children in Burevesnik. Summer camps were working based on four rest periods during 2018 season. Duration of every rest period comprised 18 days. This year teaching staff of Parus…

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Russia: scrap deliveries to VMZ down in July 2018

In July Vyksa Iron and Steel Works received 39 thousand tons of scrap via railroad.

According to the railroad statistics, deliveries dropped by 132.7% YoY.

In January-July scrap deliveries to VMZ reached 330.1 thousand tons, down by 28.5% YoY. (Ukrainian metal)

Russia: Severstal Russian Steel invests 4 million rubles in new machinery to repair rotors

Severstal has finished assembling new stand in the electric repair shop of Promservice center. The machinery has already been commissioned. “It was the idea of the shop employees to purchase the stand to repair electric engines. Investments totaled 4 million rubles”, Severstal Russian Steel repair division director Sergey Dobrodey said. The stand will make engine…

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Russia: NLMK VP dies in Moscow

NLMK Group reports the tragic death of Dr. Bruno de Cooman, NLMK Group Vice President for Research and Development, on August 29 in Moscow. “Bruno De Cooman’s death is an enormous loss for the group and the entire sector, for his friends and family. He has made an invaluable contribution to the development of global…

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Russia: VSMPO-Avisma IFRS net profit up in H1 2018

The net profit of VSMPO-Avisma grew by 40% YoY, to $167.58 million in January-June, as calculated under International Financial Reporting Standards (IFRS), the company said.

Revenue increased by 3.3%, to $786.08 million.

Earnings before interest, taxes, depreciation and amortization (EBITDA) decreased by 6.1%, to $317.52 million. (Prime/Ukrainian metal)

Uzbekistan: Uzmetkombinat launches production of ferroalloys

On August 29 the Uzbekistan Iron and Steel Works launched a workshop for the production of ferroalloys. The launch ceremony was attended by the President Shavkat Mirziyoyev, employees of the enterprise, representatives of the government of Uzbekistan and foreign investors. The cost of the implemented project is $60 million, the workshop is equipped with up-to-date…

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Tajikistan: coal output up in 2018

As of August 24, 988 thousand tons of coal have been produced, up by 67 thousand tons YoY. According to the Ministry of industry and new technologies, this year Tajikistan intends to produce 1.9 million tons of coal. The country has 14 coal deposits. Coal exports so far have reached 27 thousand tons valued at…

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Ukraine: AMKR to submit more than 1000 computers to the schools

Charity fund of PJSC ArcelorMittal Kriviy Rih submitted 220 PCs to 13 schools and the Center for Children’s Social and Physiological Rehabilitation of Saksaganskyi district. The certificates for computer hardware were presented to the school directors in the administration of Saksaganskyi district. To improve facilities of the schools of Kriviy Rih, to make training of…

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Ukraine: VostGOK profit down in H1 2018

In January-June the state enterprise Vostochniy Mining and Processing Works received 13.36 million UAH of net profit, down 16.9-fold YoY. According to the company statement, its net income dropped by 23.2%, to 1.2 billion UAH. Gross profit decreased 2.5-fold, to 170.35 million UAH. Last year VostGOK received 388.94 million UAH of net profit, down by…

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