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Russia: Chelyabinsk Zinc modernizes indium manufacture

Chelyabinsk Zinc Works, a part of UMMC, carries on its large-scale technical modernization of the indium manufacture. According to the company spokesperson Natalia Vasilyeva, the works is the largest manufacturer of IN-00 indium with 99.999% metal content in the CIS-countries. The reconstruction of the hydrometallurgical shop saw the assembly of the new filter-press of FIL-TEC.…

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Russia: coalmining up in Sakhalin

In 2016 coalmining enterprises of the Sakhalin region yielded around 7 million tons of coal, up by 27% YoY. Vostochnaya Mining Company (VGK) mined the most – 4 million tons (3.7 million tons in 2015). 4.65 million tons of coal was exported to the Asian-Pacific countries, up by 16% YoY. South Korea imported 2 million…

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Russia: NLMK improves sales structure

In 2016 Russia consumed 8.15 million tons of hot-rolled sheet, with NLMK share at 1.32 million tons. In cold-rolled segment Russia’s consumption was 2.97 million tons, and NLMK supplied 0.81 million tons, in galvanized rolled metal – 2.9 million tons and 0.58 million tons respectively, in metal with polymeric coating – 1.91 million and 0.45…

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USA: NLMK refinances $250 million loan

NLMK USA, NLMK Group’s American Division, has refinanced a $250 million credit line acquired in 2011. The new revolving credit line has a maturity of 4 years and will be used to finance working capital and general corporate activities. The borrowers are NLMK Indiana, NLMK Pennsylvania, Sharon Coating, and NLMK North America Plate trading companies.…

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