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Metalloinvest and the United Metal Company have held another meeting of the coordination council at Ural Steel. The participants discussed the manufacture and delivery of Ural Steel continuous cast billet for the production of railroad wheels at Vyksa Iron and Steel Works. At the meeting the quality of the billet and wheels was discussed. Though…
DetailsBy 2025 coal enterprises have to reach the annual output of 560 million tons, up from the forecast volume of 460 million tons. According to the minister of energy Alexander Novak, this goal could be reached with some 1 trillion rubles of private investments. The Ministry of Energy believes that due to this Russia will…
DetailsVolgograd Aluminum Works is completing the construction of a unit to produce baked anodes. The commissioning of the plant is scheduled for mid-autumn. The capacity of the anode factory will be 104 thousand tons per year. “The company used to purchase up to 70% of the backed anodes in China, but now they will be…
DetailsThe Russian government is ready to support aluminum producer RUSAL, which is under U.S. sanctions, by purchasing aluminum or providing loans, Deputy Finance Minister Vladimir Kolychev said. New sanctions against Russia were introduced by the U.S. in April. RUSAL was among the blacklisted companies, which means arrest of assets in the U.S. and prohibition to…
DetailsChief Executive Officer of ArcelorMittal plants in Ukraine and Kazakhstan Paramjit Kahlon met for the first time the representatives of global trade union federation (IndustriALL Global Union) in Kyiv. The meeting was held with participation of main trade unions of Kazakh and Ukrainian plants of the group. IndustriALL Global Union / FES unites the trade…
DetailsThe prices of precious metals increased in Azerbaijan on September 6, according to the data published by the Central Bank. The price of gold grew by 6.613 manats, to 2,035.6395 manats per ounce on September 6, compared to the price on September 5. The price of silver went up by 0.0408 manats, to 24.0932 manats…
DetailsIn August Ukrainian coal production reached 2.904 million tons, the Trade Union of Coal Mining Industry of Ukraine informed on September 5 with reference to the Energy and Coal Industry Ministry. “In August coalmining enterprises of Ukraine of all forms of ownership extracted 2,904,151 tons of coal. The plan was fulfilled by 103%,” reads the…
DetailsOut of 27 operating mines in Armenia at 10 violations have been spotted. The main violations concerned tax obligations. To remove violations the mines are given 90 days. If violations are not removed, the mines licenses will be cancelled. (Ukrainian metal)
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