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VSMPO-Avisma has put a new homogenizing furnace into operation. This is the fifth machine to be constructed in shop No. 1. The furnace was designed, constructed, assembled and put into operation by the company specialists. The homogenizing or the artificial ageing improves the metal structure. (Ukrainian metal)
DetailsUkraine has enough resources to stop using the anthracite coal delivered from Donbass in case the corresponding political decision is taken. “If a political decision is taken and on the governmental level we are told to block and not exchange goods anymore, Ukraine has enough resources to completely stop buying the anthracite coal”, energy and…
DetailsIn 2017 Koks-Mining enterprises intend to increase coal output by 23%, to 2.7 million tons from 2.2 million tons in 2015. According to the company CEO Victor Shevtsov, output could grow even more – to 2.9-3 million tons, as this spring the company plans to greatly increase its mining capacities by putting into operation the…
DetailsChelyabinsk Iron and Steel Works, a part of Mechel, has finished the scheduled capital repairs of its quality and stainless steel producing complex. The repairs cost around 20 million rubles. All the three mills of the complex were repaired. The main mill – the continuous cast machine No. 2 – saw the largest volume of…
DetailsIn 2017 the Kimkano-Sutar Mining and Processing Works will bring around 300 million rubles of taxes to the budget of the Jewish Autonomous District, the regional governor Alexander Levintal announced. By mid-2017 it is planned to put the works to full operation. According to the company CEO Yuri Makarov, in December 2016 the works produced…
DetailsThe management of the United Mining and Chemical Company was prepared to privatize the company in its favor. “The accusations of the National Anticorruption Bureau of Ukraine of the blocking of the UMCC activities and the breakup of privatization are contrary to the fact and draw the attention away from the real situation at UMCC”,…
DetailsOn February 5-8, the anthracite coal stocks at Ukraine’s thermal power plants increased by 18 thousand tons, or by 2%, to 876 thousand tons. According to the national power-generating company Ukrenergo, as of late February 5, there was 1609 thousand tons of coal at the warehouses, including 858 thousand tons of anthracite, with 186 thousand…
DetailsRussian aluminum giant UC Rusal is considering selling up to 20% of new shares in London, Bloomberg reported citing two sources familiar with the situation. The company sees good possibilities for the sale of new shares in London after the price of its shares increased and is currently holding talks with several banks, the sources…
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