RusHydro may decide to participate in completion of UC RUSAL’s construction of a $1.4-1.6 billion Taishet Aluminum Smelter within two or three months, Deputy Prime Minister Yury Trutnev, chairman of RusHydro’s board of directors, reported. “I think that probably within two or three months a decision will be made,” he said. RUSAL offered RusHydro a…
DetailsThe Sulyukta coal deposits have been put up for sale. According to the State committee on industry, energy and subsoil use, the starting price of site No. 5 is $3.8 thousand. According to the estimates, the reserves of the deposits are 381190.5 tons. The local site Vostochy has been put up for sale at $6154…
DetailsIn January-April Russia imported 3374 tons of copper pipes for conditioning, up by 6% YoY and by 10% from the 2015 level. According to the customs statistics, 23% of pipes were imported from Greece, up 2.8-fold YoY. The average price on the Russian border in April was $7305 per tons. Serbia supplied 22% of pipes,…
DetailsThis year Mechel-Service has already supplied 6.5 thousand tons of rebars for the construction of housing in Chelyabinsk. The company supplies rebars to almost all major construction sites in the city. One of the latest was the batch of metal for the construction of Gagarin Residence in the downtown. All the rebars are manufactured by…
DetailsBy the end of 2018 the Electrostal Tyumeni works will have reached its manufacturing capacity of 550 thousand tons of rolled metal per year. At present the company produces 380 thousand tons per year. The output increase will be achieved with the help of a number of investment projects. The employee number will also increase…
DetailsChelyabinsk Iron and Steel Works has finished an overhaul of its sintering machine. The machine has been shut down for 8 days. The cost of the repair is 9 million rubles. The ChMK sintering factory operates 4 sintering machines with the combined capacity of over 5 million tons per year. Overhauls of the machines are…
DetailsOn June 19-23 the group of companies Demidov held negotiations with its partners in the Northern Caucasus, discussing pipe market situation and cooperation prospects. At present the order portfolio of Novocherkassk subsidiary of Ryazan Pipe Works is full. Next month the company will sell 3800 tons of electric welded pipes. In June the subsidiary sold…
DetailsIn June Ukrazaliznytsia held 2 large auctions on the sale of 229.04 million UAH worth of steel scrap. Interpipe NTZ bought 22.5 thousand tons of scrap valued at 113.17 million UAH. The company bought scrap No. 4 (wheels, tyres, beams, etc.) at 5029 UAH per ton. Interpipe’s only competitor was ArcelorMittal Kriviy Rih. Metinvest-Resource LLC…
DetailsThe assets of Cherepovets Metal Structures Works have been put up for sale. The auction will be held on August 11. The offers are accepted since June 26. The minimal price of the works is 150 million rubles, but the auction will start from 247.1 million. All the assets are sold in one lot, including…
DetailsThe Dneprovsky Iron and Steel Combine HR director Anatoly Polivoda reported that so far 750 employees had resigned from the works. At present the company employs slightly over 9.5 thousand people. But according to Polivoda, by the time the DMK starts operating again, many more people would have decided to look for new job. (Ukrainian…
DetailsNLMK Group announces changes to its IT and R&D management team, which are both key vectors of the group’s forthcoming Strategy 2022. Dr. Bruno Charles De Cooman has been appointed to the newly created role of Vice President for Research and Development. The position covers the coordination of activities of the group’s research centers at…
DetailsIn order for Dneprovsky Iron and Steel Combine to operate all its three furnaces $150 million are needed.
According to the management, the company has enough raw materials for 10 days of 2 furnaces operation, provided in three days coal and coke will start arriving at the works. (Ukrainian metal)
President of Ukraine Petro Poroshenko has stated that Ukraine will purchase at least 2 million tons of coal from the United States. “We’ve agreed on American coal supplies from Pennsylvania at competitive prices, we will have the full assistance from the department of the Ministry of Trade and Energy, the new Administration and Congress that…
DetailsChelyabisnk Tractor Works has concluded a contract for delivery of three bulldozers to Norilsk Nickel. The companies have been cooperating for many years, and all the tractors supplied to the metal works are specifically designed for operation in the North. This time ChTZ will supply two B11 tractors and one B10M. At first the tractors…
DetailsIn May Russia produced 5.953 million tons of steel, down by 1.5% YoY. In January-May steel output in Russia totaled 29.835 million tons, up by 2% YoY. Ukraine decreased steel output in May by 25.5% YoY, to 1.689 million tons. In 5 months steel output decreased by 15.8% YoY, to 8.91 million tons. Kazakhstan produced…
DetailsThe ecological situation in Donbass is threatening, and the mines on the uncontrolled territories of Donetsk and Lugansk regions are in critical situation. “7 mines are completely destroyed and cannot be restored. There are currently 115 Ukrainian mines on the occupied territories, from where the equipment has been stolen, some of them are flooded. The…
DetailsAvdiivka Coke and Chemical Works has been visited by the deputies of the European Parliament, diplomats and the Verkhovnaya Rada deputies within the regional environment monitoring. The delegation got acquainted with the manufacturing process, evaluated the environment program and witnessed the aftermath of the shelling. Despite the location of the works in the military zone,…
DetailsDonetsk Iron and Steel Works in the occupied city of Donetsk has stopped all operations because of the absence of the diesel fuel. The fuel is needed for trains that transport raw materials and produced goods. In February DMZ had to shut down its only working blast furnace No. 1 because of the lack of…
DetailsIn the occupied Yenakievo (Donetsk region), the Russia-supported terrorists intend to flood the Poltavskaya and Yenakievskaya mines, which will result in the flooding of the Yuniy kommunar mine, where in 1979 an underground nuclear explosion was carried out. The electricity at the mines will be cut off on June 30, and the water will start…
DetailsThe European Commission has started an antidumping investigation of the low-carbon ferrochromium imports from Russia, China and Turkey. The investigation was started at the request of the sole EU manufacturer of this product – Elektrowerk Weisweiler, a part of Afarak. The investigation will cover April 1, 2016 through March 31, 2017. According to the Eurostat,…
DetailsIn May Ukraine produced 6.076 million tons of iron ore raw materials, up by 1.8% MoM, or by 97.5 thousand tons. Average daily output of unprepared raw materials was 133.9 thousand tons, down by 22 thousand tons MoM, while that of prepared raw materials increased from 43.4 thousand tons to 62.1 thousand tons. In January-May…
DetailsBeringpromugol has finished constructing the customs point at the Beringovsky port on Chukotka. The point will start operating in July. The company is ready to export coal. In May coal mining was suspended to construct the customs point and the road. This year the Fandyushkinskoye deposits are supposed to yield 400 thousand tons of coal.…
DetailsWithin the modernization program Uchaly Mining and Processing Works has purchased 2 Caterpillar R1600H load-haul-dump machines at 32 million rubles apiece.
The volume of their ladles is 5 cubic meters.
The new machines will be used at the Uzelginsky mine. (Ukrainian metal)
According to the State Fiscal Service, in May Ukraine exported 3.703 million tons of iron ore raw materials, up by 142 thousand tons YoY. In January-May Ukraine exported 15.7 million tons of iron ore raw materials, down by 1.9 million tons YoY. Deliveries to Slovakia increased by 456 thousand tons, while to China dropped by…
DetailsChelyabinsk Iron and Steel Works has successfully passed the rebars manufacture audit for the correspondence to the Austrian standard. The certificate obtained opens a new export destination for the company. The audit has been carried out by Wien-Zert. The reinforcement steel of grade V550V and the diameter 102-20 mm has been checked. Following the audit…
DetailsBecause of the reforming of the coal industry it is possible to save 1.5 billion UAH per year, which could be used to modernize coal enterprises. “Our task is to create conditions to decrease coal mining prime cost, increase gas coal output, provide for the social protection of miners and the clearest process of buying…
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