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In May MMK decreased railroad transportation of rolled metal by 11.6% YoY and by 3.4% MoM, to 829 thousand tons. In January-May railroad shipping of metal from MMK increased by 3% YoY, to 4.44 million tons, the highest result in the past 4 years. Deliveries to domestic customers grew by 13%, to 2.85 million tons,…
DetailsAccording to Mikhail Volynets, the chairman of the Independent Miners’ Union of Ukraine, there are partial salary debts to Selidovugol miners for 2015 and 2017. “The miners have blocked the Moscovskaya Street in the town of Selidovo. This road leads south in the direction of Mariupol, Zaporozhye and Krasnogorovka. Some miners want to go to…
DetailsThe acting director of the United Mining and Chemical Company Alexander Gladushko believes the state ownership limits the enterprise development. “The taxation base is a burden for state companies. It considerably limits the spending on modernization, and the company itself has limited opportunities on reconstruction”, he said. He believes, that the private ownership will allow…
DetailsSumgayit Technology Park (STP) has delivered a large batch of cables to Tajikistan. The products were delivered as part of the reconstruction work in the Roghun hydroelectric power station. The company shipped two types of cables: control cables and low voltage cables (up to 1 kV). Earlier, STP delivered the first batch of power cables…
DetailsIn May, according to the railroad statistics, direct supplies of ferrous scrap to NLMK-Kaluga totaled 138 thousand tons, up by 23.6% MoM and by 2.2% YoY. In April the results were +45.6% and -7.5%, and in March -8.6% and +31.3% respectively. In January-May the company received 498.8 thousand tons of scrap, up by 14.7% YoY.…
DetailsIrkutskgeofizika, a part of the state geological holding Rosgeologia, has started the summer field season with the prospecting works at the Okino-Iyskaya territory in Irkutsk region. The goal of the project is to locate and evaluate R1 and R2 gold resources. The project will be completed in Q4 2020. (Ukrainian metal)
DetailsIn May the most efficient rolling mill at MMK – the 2000 hot-rolling mill – set a record of monthly output – 527.5 thousand tons. This is the maximum monthly output since the mill’s commissioning in 1994. The previous record was set on January 2015 – 526.2 thousand tons. The 2000-mill is one of the…
DetailsSeverstal has started another stage of the coke-oven plant No. 4 construction at Cherepovets Iron and Steel Works – the drying and heating of the new machine. The total cost of the investment project is some 6 billion rubles. One of the advantages of the new coke-oven plant is the considerable decrease of environment impact.…
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