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Magnitogorsk Iron and Steel Works (MMK) Group has been implementing a series of water protection initiatives aimed at decreasing the ecological impact on water facilities. The company’s short-term plans include completely eliminating the disposal of wastewater into Magnitogorsk Reservoir. To this end, MMK is completing a key stage in the reconstruction of the circulating water…
DetailsIn line with the intention of the shareholders of NLMK Belgium Holdings SA (NBH), NLMK Group has decreased its holdings in NBH through the sale of its 2% stake to THN, an NBH-affiliated company. These shares will be available for conversion into treasury shares for potential distribution in the context of long-term incentive program linked…
DetailsThe Uralelectromed subsidiary (Manufacture of polymetals) has commissioned the shaft furnace No. 2 after capital repairs. The cost of repair was 47 million rubles. It took repairmen 26 days to completely disassemble the machine with the height of 15 meters and then assemble it again. Preparation for the work started a year before the furnace…
DetailsCherepovets Iron and Steel Works has purchased new equipment for bearing vibrodiagnostics valued at 9 million rubles. In particular, the company has bought a Leonova Diamond portable device and a Leonova Inetllinova Parallel Protable mobile diagnosis system. Investments in the purchase totaled 9 million rubles. “The new equipment allows detecting flaws in low-speed rolls of…
DetailsThe Uralelectromed subsidiary (Manufacture of non-ferrous metals alloys) will produce two refining tanks to increase the capacity of the refining department of the metal shop. The cost of each tank is 3.8 million rubles. The machinery will be placed in the beginning of the technological cycle and will be filled with black lead. “The new…
DetailsEnergomashspetsstal has shipped billets to the Ruppur Nuclear Power Plant (Bangladesh) and Akkuyu Nuclear Power Plant (Turkey). According to the company statement, it has supplied 21 bulk billets to the customers. The batch included various types of machinery, in particular, shells, bilges, nozzle, connection pipes and pipes for the reactor coolant pipe. The combined weight…
DetailsZaporozhye Iron Ore Complex together with the town council of Dneprorudnoye is reconstructing the main water pipeline. “Over 19 thousand citizens of Dneprorudnoye had for a long time to cope with constant failures of the pipeline and the bad quality of water. Most of the company employees reside here. And they together with their families…
DetailsSumykhimprom has concluded an agreement with Ukrspetslom LLC on the purchase of scrap valued at 45 million UAH. The agreement will be valid till summer of 2019. The company will have to supply secondary ferrous metals according to DSTU 4121-2002 at 8750 UAH per ton. Last year Sumykhimprom bought scrap from Ukrspetslom 22% cheaper, at…
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