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The Russian Ministry of energy has acknowledged that most of the coal, supplied from pro-Russia terrorist-occupied territories of Ukraine, is re-exported. The deputy energy minister Anatoly Yanovsky said that a small portion of Donbass coal was consumed by Gazprom’s electric power plant in Rostov region. “Coal from Donbass is supplied to Russia. It is consumed…
DetailsOn August 1, the Kharkiv Machine-Building Works “Corum Svet shakhtera”, a part of Corum Group, started increasing salary of its employees on the background of the 120% loading of its capacities. The maximum increase will total 40%. Previously the wages ranged between 8 and 15 thousand UAH depending on the output and quality of products.…
DetailsThe Russian group of companies MetProm will design the modernization project for Uzbekistan Iron and Steel Works. The Uzbek party will have received the project documentation by October. The project presupposes the construction of two steelsmelting furnaces, two steel-treating furnaces and a casting-rolling complex. The modernization cost is estimated at $550 million. After the modernization…
DetailsIn January-June, according to customs statistics, Russia imported 135.4 thousand tons of corrosion-resistant flat rolled steel valued at $291 million, up by 35% and by 50% YoY respectively. China supplied 26.4% of metal, up by 56.5% YoY, with the average price on the border of Russia in June at $2047 per ton, up by 36.4%.…
DetailsIn June, according to the customs statistics, Russia exported 3.9 thousand tons of corrosion-resistant steel scrap and waste valued at $3.2 million, down by 22.8% MoM and by 44.5% YoY. Earnings decreased by 31.4% MoM and by 54.7% YoY. In January-June Russia exported 38.5 thousand tons of scrap valued at $37 million, up by 5.6%…
DetailsArcelorMittal Temirtau is starting the implementation of the project on the reconstruction of the dust extraction units No. 5 and 6 at the sinter shop. The company plans to invest some 330 million tenge in the project. Under the reconstruction it is envisioned to assemble highly efficient bag hoses with the air purification rate of…
DetailsTominskoye Mining and Processing Works has started preparing the territory for the construction of the new enterprise. “The first stage of the factory construction will end in late 2019. By that time all the manufacturing units of the processing factory will have been constructed,” the GOK CEO Valery Ulanovsky said. The mining and processing works…
DetailsEvraz ZSMK has put into operation a new 320-ton converter in its steelmaking shop. The old machine was shut down on April 10. Replacement works have been finished in less than 3 months. Investments exceeded 1 billion rubles. The converter has been designed and produced by Yuzhno-Uralsk Machine-Building Works. The new gas-purifying units will decrease…
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