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VIZ-Stal has finished modernization of two machines to produce nitrogen, used in the process of the thermal treatment of metal. The project will increase energy efficiency. Within the project the company replaced two of the three air separation units. The capacity of each new unit is 8 thousand cubic meters of pure nitrogen per hour.…
DetailsOver 40 units of mining machines were delivered to the Gaysky Mining and Processing Works in January-June. In particular, the company received Henkon Siberia machines, Charmec 6605B, Russian and Finnish drilling machines, as well as several dump trucks and load-haul-dump machines. This year Gaysky GOK will spend 1.7 billion rubles on modernizing mining equipment and…
DetailsFerrexpo Plc intends to get a renewable credit line for $500 million until September 30, 2021. According to the agenda of Poltava Mining and Processing Works shareholders meeting scheduled for July 17, the borrowers will be Ferrexpo Finance plc, Ferrexpo AG, and Ferrexpo Middle East FZE, while PGOK will act as the pledge. PGOK shareholders…
DetailsPJSC ArcelorMittal Kriviy Rih launches flashmob #stayinukraine “I stay to work in Ukraine” for those patriots of their country, town, company, who are not ready to capitulate abroad and who are energetic enough to support Ukraine during tough transformational period of changes. Currently PJSC ArcelorMittal Kriviy Rih, the biggest steel and mining plant of Ukraine,…
DetailsInterpipe Ukraine LLC has increased tyre prices for Ukrzaliznytsia by 12%. Lviv Locomotive Repair Plant announced it wanted to conclude a deal with Interpipe for the delivery of tyres valued at 18.96 million UAH (15.8 thousand UAH apiece). Last year Interpipe sold tyres to Ukrzaliznytsia 12% cheaper. (Ukrainian metal)
DetailsArcelorMittal Kriviy Rih used to pay 0.9% of the estimated value for its 8 thousand ha of land. On April 21, the local authorities increased the land tax to 1.01%. With the increase of the tax, revenues of the Krivoy Rog budget have also increased. The Opposition block deputy in the city council Valery Gresko…
DetailsRusHydro may decide to participate in completion of UC RUSAL’s construction of a $1.4-1.6 billion Taishet Aluminum Smelter within two or three months, Deputy Prime Minister Yury Trutnev, chairman of RusHydro’s board of directors, reported. “I think that probably within two or three months a decision will be made,” he said. RUSAL offered RusHydro a…
DetailsThe Sulyukta coal deposits have been put up for sale. According to the State committee on industry, energy and subsoil use, the starting price of site No. 5 is $3.8 thousand. According to the estimates, the reserves of the deposits are 381190.5 tons. The local site Vostochy has been put up for sale at $6154…
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