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During the 2016 navigation Cherepovets Iron and Steel Works shipped around 4 million tons of metal products. In particular, the works shipped 1.64 million tons of rolled metal, up by 0.14 million tons YoY, 1.4 million tons of fluxes (on par with 2015), 0.5 million tons of slag (flat) and 0.4 million tons of scrap,…
DetailsIn January-October Korshunovsky Mining and Processing Works (a part of Mechel) increased iron ore concentrate deliveries to the local market by around 25% YoY, to 2.3 million tons. Iron ore mining went up by 4.5% to 6.8 million tons. Concentrate output increased by 1.2%, to 2.3 million tons, all YoY. Last year KGOK exported one…
DetailsUkrainian Railways have concluded 4 contracts with Interpipe for the delivery of the rough rims for its railroad stock valued at 9.34 million UAH. This year Interpipe has to supply 549 rims (1060x143x98 mm) valued at 14.19 thousand UAH a piece on average. It should be noted that in October Lviv Locomotive Repair Plant ordered…
DetailsThe government of the Republic of Bashkortostan and the Bashkirskaya Med have signed an agreement on state support of the mine construction at the Yubileynoye deposits. The construction has been included into the list of priority investment objects of the republic. The government will grant tax preferences, while the company will invest 40.4 billion rubles…
DetailsIn January-September Bauxite Timana (a part of Rusal) mined 2.39 million tons of bauxites, up by 4.9% YoY. In Q3 the company mined 911 thousand tons, up by 13.6% QoQ. (Ukrainian metal)
DetailsIn January-September Rusal received $534 million of net profits, down by 35.3% YoY. Rusal’s revenues dropped by 12.7% YoY, to $5.95 billion. EBITDA went down by 37% YoY, to $1.07 billion. Sales increased by 4.9% YoY, to 2.89 million tons. (Ukrainian metal)
DetailsIn 2016-2017 Vostochny Mining and Processing Works intends to keep the last year levels of uranium concentrate output – 1 thousand tons. “We don’t have decreases in output, nor, unfortunately, increases. We’re keeping it flat and the expected volumes this year are around 1 thousand tons”, the company CEO Alexander Sorokin said. An increase in…
DetailsKharkiv Works of Materials-Handling Equipment has supplied a claw crane to ArcelorMittal Kriviy Rih warehouse. According to the company, the crane lifting capacity is 16 tons. “Such a crane is a very expensive machinery, but it is necessary to ensure timely delivery of metal”, AMKR reconstruction and development department deputy director Sergey Nevroda said. (Ukrainian…
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