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The Cabinet of Ministers of the Republic of Tatarstan has reviewed the agreement on the operation on the territory of the social and economical development “Nizhnekamsk”. The Cabinet has approved the proposition of the Russian-Chinese Kamastal LLC to organize the manufacture of coated steel coils. Shandong Baikal Group will be the Chinese investor. The cost…
DetailsIn January-April Ukraine increased ferrous metals export revenue by 32.1% YoY, to $3.49 billion. According to the State Fiscal Service, ferrous metals accounted for 22.57% of the total export earnings as opposed to 19.26% in January-April 2017. In particular, in April ferrous metals export revenue totaled $904.1 million. In January-April Ukraine imported $385.37 million worth…
DetailsThe chairman of the Independent Miners Union of Ukraine Mikhail Volynets claims that the total salary debts at state mines exceeds 740 million UAH. “The monthly salary fund at state coal enterprises is 530 million UAH. The number of employees is 41 thousand people”, he said. According to him, debts for 2015-2017 stand at 274…
DetailsIn January-April Ukraine imported 7.437 million tons of coal valued at $1.004 billion, up by 53.9% and by 30.3% YoY respectively. According to the State Fiscal Service, Russia supplied $643.58 million worth of coal (64.08% in the total imports), USA – $288.411 million (28.72%), Canada – $48.365 million (4.82%), and other countries – $24.003 million…
DetailsUkrzaliznytsia (Ukrainian Railways) has ordered 295.25 million UAH worth of railroad wheels from Interpipe Ukraine LLC. This year the company will supply 14628 solid wheels produced by Interpipe Nizhnedneprovsk Pipe-Rolling Works not earlier than on November 1, 2017, at 17671 UAH apiece. The price of the contract is 0.5% below the expected cost of the…
DetailsIn April Energomashspetsstal supplied some 265 tons of rolls to the largest Ukrainian iron and steel works. In particular, the goods were delivered to Zaporizhstal, Mariupol Ilyich Iron and Steel Works, Evraz-DMZ, Azovstal, etc. All these companies are long-time customers of EMSS. Supporting and working rolls are used in strip cold- and hot-rolling mills. (Ukrainian…
DetailsThe Vorgashorskaya mine of Vorkutaugol has started developing the new long face. The reserves of the face total 2.5 million tons of coal. With the average monthly output of 260 thousand tons, the long face is expected to be in operation until January 2019. At present this is the only long face at the mine.…
DetailsAlexandrinskaya Mining and Ore Company factory has processed 8 million tons of ore since its commissioning in 2001. The initial capacity of the factory was 300 thousand tons of ore per year, which corresponded to the output. In 2011-2014 the factory was reconstructed to be able to process 800 thousand tons of ore. In 2017-2018…
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