The Russian court has arrested the ex-general manager of Severstal Vadim Larin in his absence on the accusation of bribing during the state checks of the company mines in Vorkuta. At present the Investigation committee of the Komi Republic has no information of his whereabouts. In early February it was believed he was in UK.…
DetailsThe chairman of the government Dmitry Medvedev believes that metal structures for ski lifts at ski resorts, which are currently imported, could be produced in Russia. “We understand that the whole number of structures, including metal structures, used in lifts, we purchase abroad at high price. It’s quite possible to produce them here”, he said.…
DetailsIn 2017 Electrozinc, a part of UMMC, will invest 476 million rubles (up by 19% YoY) into the repair, replacement of the old and purchase of new equipment. Maintenance repairs of 420 objects including 23 capital repairs have been scheduled this year at Electrozinc. Their cost is 340 million rubles. 136 million rubles will be…
DetailsSeverstal will invest 22 billion rubles into the development of Cherepovets Iron and Steel Works and other Severstal Russian Steel assets. According to the company statement, 55% of the amount will be invested in the maintenance projects, the major of which is the reconstruction of the coking battery No. 4. The rest will be spent…
DetailsThe L5-UM Larssen sheet piling produced at Evraz NTMK is used in the reconstruction of the Magadan trade seaport berths. The deliveries commenced in February. By May the works will have shipped 3 thousand tons of sheet piling to the Far East. The Larssen sheet piling is the unique product of Evraz NTMK, no other…
DetailsA new plant for the production of metalware for industrial use is planned for construction on the territory of the Free Economic Zone Angren. Memorandum on the project was signed in the framework of the Uzbek-Turkish business forum between management of the FEZ Angren and Director of DAL Teknik Makina Sanayi Ve Tigaret AnonimSirketi Gaudet…
DetailsProblems of Makmal reached the walls of the Parliament. Last week, the state of affairs at the gold mine was discussed by the parliamentarians of the committee on the fuel and energy complex and subsoil use. It was also attended by the head of Kyrgyzaltyn Almaz Alimbekov. He said that Makmal reserves were depleted. With…
DetailsZaporozhye Titanium and Magnesium Works has ordered magnesium valued at 43.85 million UAH from Titan Ukrainy LLC. By the end of the year the company will have supplied 406 tons of MG-90 magnesium at 108 thousand UAH per ton. In August 2016 the same company sold it 28% cheaper to ZTMK – at 77.23 thousand…
DetailsIn February Zaporozhogneupor increased unmolded refractories output by 18% YoY. The company produced 720 tons of unmolded refractories, in particular 181 tons of refractory concretes and masses and 539 tons of insulating and slag mixes. In January-February Zaporozhogneupor increased output by 35% YoY. (Ukrainian metal)
DetailsIn January-February Ukraine exported 1.116 million tons of carbon steel semi-finished products, valued at $409.31 million, down by 12.1% and up by 36.6% YoY respectively. According to the State Fiscal Service, the main consumers were Italy (19.83%), Egypt (19.77%) and Turkey (19.24%). At the same time Ukraine imported 717 tons of steel semis valued at…
DetailsIn 2016 DTEK mined 33.2 million tons of coal, or 74.33% of all the coal mined in Ukraine. According to the Ministry of energy and coal industry, last year Ukraine mined 44.68 million tons of coal, with 5 million tons being coking coal and 39.68 million tons – power-generating coal. DTEK Pavlogradugol yielded the largest…
DetailsIn January-February Ukraine imported 184.376 thousand tons of manganese ore and concentrate valued at $28.457 million, up by 69.6% and 2.2-fold YoY respectively. According to the State Fiscal Service, the South African Republic (61.36%), Ghana (35.1%) and Gabon (2.37%) were the main suppliers. At the same time Ukraine has sharply decreased manganese ore and concentrate…
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