The Tajik Aluminum Company (TALCO) and the Russian aluminum giant, United Company Russian Aluminum (RusAl), have reached an amicable agreement. According to the TALCO press center, TALCO and RusAl signed an amicable agreement in Moscow on March 23. The sides reportedly accepted that there were no unresolved disputes between them. Meanwhile, a source in the…Details
At the order from Evraz NTMK, Energomashspetsstal will produce working rolls for hot-rolling, axles and rims of the ball-rolling mill. The company will produce and supply 193 units of equipment with the total weight of 163 tons. The contract will be completed in Q3-Q4. In March the company also signed a contract with Evraz ZSMK…Details
Russian aluminum giant UC RUSAL has launched a $19.8 million rolling mill Properzi at the Kandalaksha aluminum smelter, which will produce up to 50,000 tons of value-added products, the company said in a statement on March 28. The facility will produce different types of rolled steel with diameters of 9.5-25 mm. Before the launch of…Details
The ChTPZ group has delivered a batch of compressor-pump pipes for the arctic oil extraction at the Prirazlomonye deposits. The unique products were manufactured at the Pervouralsk Pipe Works. The batch includes 115 tons of sulfuretted hydrogen-resistant pipes of the high strength group with premium joints ChT-VT and ChT-VC. “The special climate conditions of the…Details
Severstal has started producing immersion and bored piles of metal longitudinal welded pipes. Such piles are used in construction of infrastructure objects, as well as in the oil-and-gas industry. The company has already received the first order. 1.5 thousand piles will be delivered to Arcticgaz for construction of the oil pipeline. The first batch will…Details
The State Property Fund of Ukraine intends to sell several mines this year. 5 mines are being made ready for privatization, according to the fund chairman Igor Bilous. “There are some 5 objects. The mines to be privatized are complex and economically burdened objects. There is a special law on mine privatization. They do not…Details
In 2016 Yenakievo Coke and Chemical Works, a part of Metinvest, received 189.224 million UAH of net profits, up by 16.3% YoY. Its undistributed profits at the end of 2016 totaled 403.501 million UAH. The company accounts receivable increased 2.5-fold, to 3872.650 million UAH, current liabilities – by 46.3%, to 2163.738 million UAH. The works…Details
Evraz Sukhaya Balka is idle because of the absence of license to mine iron ore.
According to sources, as of the late March, the company still has not received all the necessary documents to resume operation.
In January-February the enterprise mined 413 thousand tons of sinter ore. (Ukrainian metal)
In 2016 Ingulets Mining and Processing Works, a part of Metinvest, received 69.264 million UAH of net losses as opposed to 3498.874 million UAH of losses in 2015. According to the company statement, its undistributed profits at the end of 2016 totaled 1234.407 million UAH. Last year InGOK increased its current liabilities by 15.2% YoY,…Details
In 2016 Interpipe Dniepropetrovsk vtormet received 126.626 million UAH of profits. According to the company statement, the price of its assets at the end of 2016 reached 991.338 million UAH, current liabilities – 807.314 million UAH and accounts receivable – 650.05 million UAH. In 2015 the company decreased its losses by 19% YoY, or by…Details
Rosszoloto, which extracts gold in the Zeysk district of Amur region, this year starts exploiting three new sites. “Last year we got some 300 kg of gold and we worked on three sites: Galchima, Dorozhny and Ozerny. Galchima has been exhausted, we haven’t submitted our license yet, as the site is being recultivated. This year…Details
In the long-term prospect the titanium products output in Russia will increase, according to reports from the Ti-2017 in CIS conference in the city of Yekaterinburg. The main driver of the output increase and consumption of titanium semi-finished products will be the aerospace industry, while the demand growth is also expected on behalf of energy…Details
According to the modernization and old machinery replacement plan the Kirov Non-Ferrous Metals Processing Works has purchased a new spectrophotometer for its central laboratory.
The equipment is used to determine the mass fraction of phosphorus and iron in various alloys, as well as nickel and zirconium. (Ukrainian metal)
The net profits of Chelyabinsk Zinc Works in 2016 increased 1.7-fold YoY, to 3.965 billion rubles. Revenues went up by 19.7%, to 23.424 billion rubles, with sales profits up by 38.4%, to 5.199 billion rubles, and EBITDA up 1.7-fold, to 4.975 billion. Last year the company increased zinc and zinc alloys manufacture by 2.2% YoY,…Details
In 2016 the net profit of ChTPZ group increased by 5.7%, to 6.357 billion rubles. According to the company statement, its revenues dropped by 9% YoY, to 135.456 billion rubles, EBITDA – by 3%, to 27.9 billion rubles. The net debt of the group decreased by 9.9 billion rubles, or by 76.2 billion rubles, to…Details
Izhstal, a part of Mechel, has received the highest category of supplier reliability from Tikhvinsky Wagon Construction Works, a leading manufacturer of the new generation railroad cars in the CIS. Izhstal delivers rolled metal of structural, tool and high-speed steel to the works. The wagon works carries out constant evaluations of suppliers according to Russian…Details
The International Atomic Energy Agency (IAEA)’s Coordination Group for Uranium Legacy Sites (CGULS) has visited northern Tajikistan this month to assist with preparations for remediation of uranium legacy sites. According to the IAEA’s website, the objective of remediation is to reduce the risks to the public and the environment arising from radiation of residual contamination…Details
A delegation of the Russian Vostok-Geologodobycha company should arrive in Bishkek one of these days, which in 2015 won a tender to develop Jerooy field in Talas region. It is a member of Russian Platinum group of companies. In early April, it is planned to lay a capsule on the site of the future mine…Details
DTEK energy holding will send official notifications to 32 companies warning them of not buying coal made by the group’s divisions located on the temporarily uncontrolled territory, DTEK CEO Maksym Timchenko has said. “We have a list of 32 companies which potentially could buy this coal. We will send this letter to each company. Today…Details
In January-February the production of the raw lead dropped by 23.9%, of raw zinc – by 1.7%.
According to the Federal Service of State Statistics, in February raw lead output decreased by 35.7% YoY and by 11.6% YoY, while that of raw zinc – by 4.7% and by 11.6% respectively. (Ukrainian metal)
In 2016 Ukrvtorchermet decreased its losses 2.5-fold, or by 1.1 billion UAH, to 707.66 million UAH. According to the company statement, as of the end of 2016, the cost of its assets reached 847.71 million UAH. Accounts receivable totaled 345.14 million UAH, current liabilities – 1.35 billion UAH, fixed liabilities – 3.58 billion UAH. In…Details
In January Voestalpine supplied 24 thousand tons of plate to Vyksa Iron and Steel Works, a part of OMK. According to the customs statistics, this is 90% of the total 2016 plate imports from Austria. In April 2016 OMK and Nord Stream-2 AG signed an agreement on the supply of large diameter pipes for the…Details
The authorities of the so-called Donetsk People’s Republic, a terrorist organization, supported by Russia, on the occupied territory of Ukraine, have started negotiations with the major mining companies of Russia on the delivery of raw materials. The non-existing Ministry of industry of the DPR informs that it is negotiating with the following: Lebedinsky and Mikhailovsky…Details
Severstal has started assembling the main technological machinery for the ladle-furnace No. 2 at the steel smelting shop of Cherepovets Iron and Steel Works. At present the assembly of a 520-ton crane is coming to an end. “The project costs exceed 3 billion rubles. The new machinery will increase converter steel output to 10 million…Details
Severstal has signed year-long contracts with the leading car manufacturers from Russia and CIS to supply metal in 2017. According to the company statement, it will supply 70 thousand tons of metal, produced at the Cherepovets Iron and Steel Works, to KamAZ. Severstal also agreed on deliveries to GAZ. The company has been also supplying…Details
The anthracite coal stocks at the warehouses of thermal power plants decreased by 12.1%, to 513 thousand tons, as of March 27.
According to the Ministry of energy and coal industry, the gas-coal stocks increased by 8.9%, to 1.292 million tons.
260 thousand tons of anthracite are stored at the Lugansk TPP. (Ukrainian metal)