Cherepovets Iron and Steel Works, a part of Severstal, produced the 250-millionth ton of coke. The first coke was produced in 1956. The CherMK coke division operates 8 coking batteries, which yield some 4.5 million tons per year and employ 1180 people. This year the company began one of its largest investment projects – the…
DetailsAfter once again being shelled by the Russia-supported terrorists Avdiivka Coke and Chemical Works, a part of Metinvest, had to work on just one emergency electricity line. But soon another line was pit into operation. “Avdiivka is left without water, as the Donetsk filtering station has been cut from electricity following the shelling”, the company…
DetailsIn Q3 Seversk Pipe Works, a part of TMK, received 395.9 million rubles of net losses. The previous two quarters were profitable for the company. In particular, in Q2 it received 839 million rubles of profits. Q3 revenues dropped by 24% QoQ, to 7.56 billion rubles, with sales profits at 73.4 million rubles, down from…
DetailsKorshunovsky Mining and Processing Works, a part of Mechel, has assembled new pumps at the Ilim water inlet. The cost of the equipment totaled 3.3 million rubles. The machinery would pump water from Ilim water inlet to the processing factory to be used in the iron ore processing. “The new equipment will provide us with…
DetailsZaporizhstal intends to receive 4 billion UAH of net profits in 2016, up from 1.8 billion UAH in 2015. The beginning of the year was very difficult both for Zaporizhstal and for the world metallurgy. “I would even call this period (late 2015 – early 2016) the strongest crisis on the market for the past…
DetailsIn October-November Mariupol Ilyich Iron and Steel Works, a part of Metinvest, started producing 1.2-1.55 mm hot-rolled coils. According to Metinvest statement, these coils are used in construction. Coils are made in accordance with DSTU 2834-94/GOST 16523-97. The EU-standard coils are expected to be produced in the near future. “Ukraine never produced hot-rolled coils of…
DetailsThe Republic of Komi decided not to build the alumina plant. Komi Aluminum was SUAL’s project on construction of alumina-aluminum complex, with the expected capacity of 6.5 million tons of bauxites, 1.5 million tons of alumina and 300-500 thousand tons of aluminum per year. The cost of the project was estimated at $2 billion in…
DetailsAlexander Shevelyov, who earlier was the CEO of timber company Sveza, has been appointed the CEO of steelmaker Severstal, the company said in a statement. Acting CEO of Severstal Alexander Kulichenko was appointed the CFO. (Prime/Ukrainian metal)
DetailsAfter several years of idleness the Kremenchuk Steel Works starts operating. The company will be opening new jobs in the railroad car and steel shops for local citizens. The Kremenchuk mayor has ordered the company to provide salary and tax plans. (Ukrainian metal)
DetailsIn January-September DTEK companies mined 22.3 million tons of coal, up by 4.1% YoY. “We are continuing to develop our companies and have finished 2 important projects, that increase coal mining and processing capacities. Pavlogradskaya Central Processing Factory can now process 7 million tons of coal per year, while coal reserves at Yubileynaya mine have…
DetailsIn January-October Russia increased primary aluminum output by 1.4% YoY, with aluminum alloys output up by 11.2%. According to the Federal Service of State Statistics, aluminum rods and sections production went up by 2.4%, of plates, sheets, strips and bands – by 9.7%, but that of foil dropped by 10.8%, all YoY. (Ukrainian metal)
DetailsIn October Volzhsky Pipe Works shipped 61 thousand tons of steel pipes via railroad, down by 0.5% MoM and by 31% YoY. The works has been lagging behind the last year results since the start of this year. VTZ supplied 52 thousand tons of pipes to the local market (down by 2.5% MoM and by…
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