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BSK Steel appeared a year ago. Since then the company has assembled a polymer-coating line with the annual capacity of 200 thousand tons. The first output was in June. At present the company produces some 4 thousand tons per month with the thickness of 0.3-0.5 mm with various coatings. The metal is supplied across Russia,…
DetailsEvraz might get competitors in the purchase of Sibuglemet, which it has been managing since 2015. In December VEB will hold a competition to manage the holding in Kemerovo region. It had to be hold in summer, but was postponed due to no interest except for on behalf of Evraz. But the new sales already…
DetailsMetinvest and Lemtrans have signed a 3-year cooperation agreement. Within the agreement Lemtrans will not only provide open cars to Metinvest, but will also manage all the open cars of the holding. The new agreement takes into account the experience of the previous 3-year contract. “We are taking steps to increase our own open cars…
DetailsThe aim of PJSC ArcelorMittal Kriviy Rih is to create a manufacturing company of high-quality spare parts for own needs and for the needs of external customers. LLC Casting & Mechanical Plant will be established by merging the shops of the company. A competitive enterprise having a team of highly skilled specialists, with a strong…
DetailsThe members of the Parliament did not like being called terrorists because of Kumtor, Saidulla Nyshanov said at a session of the Parliament on November 16. The deputies discussed scandalous amendments to the Water Code permitting work on Davydov and Lysyi glaciers. Deputies also visited Kumtor, as well as representatives of the government and the…
DetailsJapanese corporations are interested in joint projects with Kazakhstan on geological exploration of gold and copper, Kazakh Kazgeologiya said in a message. During the Japan-Kazakhstan business forum entitled “Investment opportunities in the regions of Kazakhstan” in Tokyo, the sides discussed investment projects in the mining and metallurgy, energy, chemical, and agrarian industries. Vice-Minister for Investments…
DetailsWithin its investment program ArcelorMittal Temirtau purchased special machinery valued at around $1.3 million for its Orken-Kentobe mine. In particular 4 new BelAZs have been put in operation. “The lifting capacity of the new machines is 55 tons. They have an increased passability and are completely computerized”, Orken-Kentobe transport director Sergey Shlepkin said. (Ukrainian metal)
DetailsIn Q3 Lysva Iron and Steel Works received 91.5 million rubles of net losses, with the net loss of 218 million rubles in Q2, as opposed to 182 million rubles of net profit in Q3 2016. In January-September losses totaled 366.7 million rubles as opposed to 202 million rubles of net profit in January-September 2016.…
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