Russia: Segal commissions new press complex

The Segal foundry-press plant has put into operation a new press machine.

This is the seventh press machine operated by the company. It will help increase output and product quality, as well as strengthen positions on the Russian and foreign markets.

The city mayor Sergey Yeremin participated in the event. (Ukrainian metal)

Ukraine: NKMZ completes delivery of 14 mining machines to Pavlogradugol

With the delivery of 3 heading machines in June Novokramatorsk Machine-Building Works will complete the supply of the large batch of machines to DTEK Energo.

According to the company statement, during the year 14 machines have been produced for DTEK Pavlogradugol.

The cost of the contract is not disclosed. (Ukrainian metal)

Ukraine: InGOK starts processing factory No. 2 repairs

Ingulets Mining and Processing Works has begun the capital repairs of the ore-processing factory No. 2.

According to the company CEO Alexander Gerasimchuk, the wet-crushing mills are being repaired.

“The repair will allow us to decrease unscheduled delays risks, thus stably producing high-quality concentrate”, he said. (Ukrainian metal)

Lithuania: US decision on tariffs upsetting

Lithuanian officials say that the US decision to impose tariffs on EU steel and aluminum imports is very disappointing, but does not mean a trade war. According to Deputy Foreign Minister Albinas Zananaviius, Lithuania is “very disappointed”, because the intensive talks between the European Commission and the United States, and efforts by other European countries…


Ukraine: National Coal Company created

The Ministry of energy and coal industry has registered the state enterprise National Coal Company, with Alexei Raychev its director.

The corresponding information has been added to the State Company Registry.

Since 2016 and until mid-April Raychev has been chairing the state enterprise Krasnolimanskaya Coal Company. (Ukrainian metal)

Georgia: two dead in mining accident

Two miners have died at an open extraction coal quarry in Tkibuli town. The bodies are already being examined to identify the circumstances of death. The Ministry of Internal Affairs has started an investigation into the case under the Criminal Code, which implies the violation of safety rules in mining. Another six miners died and…


Russia: MMK AGM results

On June 1 MMK held its Annual General Meeting of Shareholders (AGM) in Magnitogorsk. The AGM approved MMK’s annual report and financial statements for FY 2017 and approved a dividend payment for the 2017 financial year of 0.806 rubles per share (including tax). Previously shareholders received interim dividends for H1 2017 of 9,710.5 million rubles…