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Vadim Larin, CEO of Russian steelmaker Severstal, has left the company of his own wish, the company said in a statement. CFO Alexei Kulichenko became acting CEO, Severstal said. (Prime/Ukrainian metal)
DetailsThe board of directors of Russian metals giant Norilsk Nickel has approved a contract with Canadian engineering company SNC-Lavalin for works under a sulfur dioxide capture project for Nadezhda Metallurgical Plant, Norilsk Nickel said in a statement. SNC-Lavalin is to prepare the project design documentation until the end of 2017. The project “represents the second…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR63.16* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.897* min max min max August 395 738 418 418 September 354 738 424 424 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 30.09.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsNLMK Group, an international steel making company with operations in Russia, the USA and EU member states, has delivered a trial batch of new high-strength hot-dip galvanized steel to the Hyundai Motor Manufacturing Rus automobile manufacturing plant in St. Petersburg. The new grade of rolled steel, designated SGRC440 and classified as high-tech steel, was previously…
DetailsDTEK Geroyev Kosmosa Mine Group has extracted 4 million tons of coal. Blagodatnaya and Geroyev Kosmosa mines ship the fuel to Ukrainian thermal power plants that fire thermal coal and generate electricity for hundreds of thousands of Ukrainian households. Geroyev Kosmosa Mine Group leads the country’s coal production. The miners have hit the mark of 4…
DetailsIn 2015-2016 Ukraine hasn’t spent anything on industrial safety at state-run coalmines. The 2017-budget doesn’t stipulate any money either. “Mining output decreases, while accidents at mine increase. This year saw twice as much miners killed than last year”, the Independent Miners Union chairman Mikhail Volynets said. In early October supplies of self-rescuers to state mines…
DetailsYasinovskaya-Glubokaya mine of the state enterprise Makeevugol will merge with Severnaya mine. The director of the former becomes the director of the latter. It’s unclear what becomes with the Severnaya director. All miners will remain employed. (Ukrainian metal)
DetailsMariupol Ilyich Iron and Steel Works has found a way to increase productivity of its continuous-casting machines No. 1 and 2. While producing slabs the company has to adjust their width according to the order. So it has to disassemble bolt joints of collectors, where the slabs are cooled. Due to the aggressive environment –…
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