VIZ-Stal, a part of NLMK, has completed the first stage of transformer rolled metal thermal treatment machinery modernization. In particular, 8 new stands of bell furnaces have replaced outdated machinery, improving the reliability of the furnaces and decreasing expenses. Within the first stage of the modernization program 7% of all the stands at VIZ-Stal have…Details
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In 2016 Izhstal, a part of Mechel, increased deliveries to Belarusian MAZ by 71% YoY. Supplies to Spetsagro increased by 96%. Shipments to other major Belarusian companies also increased. In 2016 exports totaled 7.5% of Izhstal output. The company exported to 21 countries. Major importers were Belarus, Belgium, Kazakhstan, USA, Germany and France. Alloyed steel…Details
In 2016 Kyshtym Electrolytic Copper Plant, a part of Russian Copper Company, produced 122180.612 tons of copper cathodes, the record high result in the history of the company. The increase has been achieved thanks to the Karabashmed copper deliveries growth. The plant also produced 93729.629 tons of copper wire rods, or 21% of all the…Details
The Russian aide on image to the head of the so-called Donetsk People’s Republic Alexander Kazakov said that Ukraine should pay for the coal received from the occupied territories of Donbass to the terrorist republics “budgets”. He said this following the comments of the Ukrainian Prime Minister Vladimir Groysman that Ukrainian power and metal industries…Details
Dneprovsky Iron and Steel Works has asked the President of Ukraine Petr Poroshenko to help break the railroad blockade near the Svetlanovo-Shpilovo stations route in Lugansk region. According to the company letter, DMZ, Alchevsk Iron and Steel Works, as well as Alchevsk Coke and Chemical Works pay taxes to the state budget. Last year they…Details
Metalloinvest announced the signing of an additional loan agreement with ING Bank. According to the terms of the agreement, the ING Bank has increased the limit of the company’s revolving credit line from $100 million to $150 million and extended the duration of the loan by two years. The bank has also improved the terms…Details
On February 6, the South-Western Railroads, a subsidiary of Ukrzaliznytsia, held its first scrap auctions with the total value of 4.2 million UAH. The trade was announced on January 25. Only 2 companies participated: Nizhin Research and Mechanical Plant (NDMZ) and Trading House Budkom. The initial price of the auction was 5935 UAH per ton.…Details
Novotroitsk Plant of Chromium Compounds has invested 868.1 million rubles in construction of a ferroalloy production facility in the city of Novotroitsk, the Orenburg region government said in a statement. The annual production capacity of the new facility is 240 tons of degassed aluminothermal chrome in the form of tablets, 7.1 tons of metallurgic chrome…Details
In 2016 Almalyk Mining and Processing Works manufactured an industrial machine to produce coal briquettes. The further works is underway. In January the works produced and assembled 5 new machines. By May the company plans to have produced 61 units.Details
In January coalmining companies of the Siberian Coal and Power Company in Zabaikalsky Krai increased deliveries of coal by 11.6% YoY. The increase was the result of the grown demand from power companies, and miners even had to work during New Year holidays. In 2016 SUEK mined 4.4 million tons of coal, up by 208.8…Details
Almalyk Mining and Processing Works started manufacturing new product – copper wire. The output at the shop will reach 5 thousand tons of copper wire per year with the diameter of 1-4.5 mm. Raw materials – copper wire rod – will be supplied by Uzkabel. The project allowed creating 23 new jobs. (Ukrainian metal)Details
The Russia-supported militants are prepared to “nationalize” major industrial enterprises, according to the head of the terrorist organization Lugansk People’s Republic Igor Plotnitsky. The so-called “parliament of LPR” has approved of the decree to make amendments to the law “On taxes”. According to it, all the companies operating in the region, but not registered in…Details