Russia: CherMK finishes BF1 repairs

Cherepovets Iron and Steel Works has finished the capital repairs of its blast furnace No. 1.

The cost of the repairs was some 1.8 billion rubles. The work has been carried out 9 days earlier.

The repair lasted for 33 days. The work prolonged the BF1 operation by at least 7 years. (Ukrainian metal)

Ukraine: metal output down in August 2017

In August Ukraine produced 939 thousand tons of steel, not counting continuous-cast semi-finished products, up by 0.5% YoY, but down by 3.7% MoM. According to the State Statistics Service, the temporarily occupied territory of Crimea and a part of the Antiterrorist operation zone are not taken into account. Steel output in 8 months decreased by…

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Russia: Zapadnaya Coal Company mines 390 thousand tons of coal

In January-August the Zapadnaya Coal Company mined 390.6 thousand tons of coal at the Krutoyarsky site of the Konstantinovskoye deposits, up 2.5-fold YoY.

This year the company intends to yield 450 thousand tons of coal. Thus, so far the target has been 87% complete. (Ukrainian metal)

Russia: Sakhalin mines 4.7 million tons of coal

In January-August Sakhalin region mined 4.7 million tons of coal, up 1.4-fold YoY.

At present 10 enterprises mine for coal in the region, with two companies – Solntsevskiy coal pit LLC and Gornyak LLC – accounting for 65%. (Ukrainian metal)

Russia: Metalloinvest shuffles board of directors

Metalloinvest has changed the composition of its board of directors. The new board comprises Ivan Streshinsky, chairman, Galina Aglyamova, independent non-executive director, Andrey Varichev, executive director, Valery Kazikayev, independent non-executive director, Nikolay Krylov, independent non-executive director, Irina Lupicheva, non-executive director, Pavel Mitrofanov, non-executive director, Gleb Kostikov, non-executive director, and Dmitry Tarasov, independent director. The board…

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Russia: Ruspolymet completes 10-year modernization program

On September 20 Ruspolymet put into operation a new radial forging shop. The new Austrian radial-forging mill operating together with two heating furnaces, two heat-treating furnaces, a mobile manipulator and three mills will provide for the manufacture of the high-quality rods for aviation, power, machine-building, chemical and oil-and-gas industries. The new machine will allow Ruspolymet…

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