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ArcelorMittal Kriviy Rih is preparing for the overhaul of its steelsmelting mill in the open-hearth shop. “At present the open-hearth shop operates only the steelsmelting mill No. 6. The shutting down and putting of the machinery out of operation started in 1993, the open-hearth furnace No. 4 was shut down in 2011. In view of…
DetailsMetalloinvest carries on its investment program of mining transport development of its mining and processing works. According to the company statement, in March Lebedinsky and Mikhailovsky GOKs received 2 new BelAZ trucks with the lifting capacity of 220 and 130 tons, as well as a locomotive with cars. Three more trucks will be supplied in…
DetailsMetinvest and Smart Maritime Group have reached an agreement on organizing a servicing center at the SMG Kherson and Nikolayev shipyards. The new service provided to Metinvest clients will include various treating and processing of plates and sheets. According to the company statement, the possibility to buy rolled metal after primary treatment will allow Ukrainian…
DetailsRussian companies have covered 80% of needs of the local cable market. In 2016 the volume of the market exceeded 266 billion rubles, with 233 billion on account of local companies and the import share on the level of 19.3%. “This is a very good result on the background of the Russian industry. At the…
DetailsIn 2017 Drazhnik LLC plans to increase gold output to 350 kg. Last year the enterprise yielded 340 kg of gold. This year the company intends to start developing a new site in Yakutia. The company paid 1.1 million rubles for the license to work there. The gold reserves of the site are 700 kg.…
DetailsIn January Russia exported 237.3 thousand tons of aluminum, up by 1.1% YoY. According to the Federal Customs Service, raw aluminum exports to far foreign countries remained unchanged – 230.8 thousand tons, while that to CIS grew by 75.7%, to 6.5 thousand tons. In monetary terms raw aluminum exports increased by 25.5% YoY, to $388.6…
DetailsSeverstal has chosen Hanwha Techwin as the supplier of electric compressors to the Cherepovets Iron and Steel Works. Under the contract the supplier will also assemble and put the main machinery into operation. Assembly of compressors, pressure piping, as well as modernization of the cooling system are scheduled to be completed by the end of…
DetailsThe insurance group SOGAZ has won the tender to conclude the insurance agreement with the Cherepovets Iron and Steel Works, a part of Severstal. All the premises and buildings, machines and equipment, objects of unfinished construction will be insured. The total value of the insurance will be $18.67 billion. The objects will be insured for…
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