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ChTPZ and Kurganstalmost have supplied metal for the construction of the Wall of Peace monument in Astana, Kazakhstan. The companies have produced seamless pipes with improved characteristics to be used in the steppe climate of Kazakhstan. The batch comprised over 100 tons of pipes with the diameter of 114 to 351 mm and the wall…
DetailsIn January-June one of the largest coking coal producers in Russia – Raspadskaya – increased revenue by 23% YoY, to $542 million. Net profit grew by 34%, to $225 million, with EBITDA up from $235 million to $303 million. At the same time coal output decreased by 9%, to 5.4 million tons. (Ukrainian metal)
DetailsZaporizhstal together with Zaporozhogneupor, Zaporozhkoks and Zaporozhye Casting-Mechanical Works under the annual program “First time to school” handed stationary kits to 5500 pupils, the children of their employees. Altogether the stationary kits cost 3.1 million UAH. The children who went to school for the first time received their first school bags with stationary kits. Children…
DetailsUnder the request of the General Prosecutor’s Office of Ukraine the ex-CEO of Zaporozhye Titanium and Magnesium Works Vladimir Korolkov has been detained in Moscow. Korolkov has been declared wanted in 2017 under the investigation of embezzlement of 492 million UAH (14.8 million euro) granted for the modernization of the enterprise. Korolokov has been working…
DetailsIn January-June Sredneuralsky Copper Smelting Works reports increase in revenue. In particular, its amount has grown almost 2-fold YoY, from 9.19 billion rubles to 16.71 billion rubles. Gross profit totaled 2.73 billion rubles. (Ukrainian metal)
DetailsIn July Russia produced 4.475 million tons of pig iron, up by 3.9% YoY, with 4.331 million tons produced in June. In January-July Russia increased pig iron output by 1.3% YoY, to 30.39 million tons. Ukraine, though it has left CIS, improved pig iron output by 13.9% YoY, to 1.767 million tons in July, with…
DetailsIzhorsky Pipe Works has finished supplying over 100 thousand tons of large diameter pipes for the construction of the Kharampurskoye oil and gas condensate deposits in Yamalo-Nenets Autonomous District. According to the contract, the company started supplying pipes in Q2 2017, having successfully completed the delivery in summer 2018. ITZ produced LDP with the diameter…
DetailsIn July MMK hot-rolling mill-2000 produced 527.955 thousand tons of metal, having set a new monthly output record. The previous record was set in May, when the mill produced 527.505 thousand tons. The mill, commissioned in 1994, is one the most powerful machines in Russia. It is situated in the sheet-rolling shop No. 10. In…
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