Russia: metal companies get preferences from Railroads

The state company Russian Railroads has started using decreasing coefficients when calculating tariffs for transportation of rolled sheet for NLMK and some other companies. The decreasing coefficient will be valid through December 31. It covers rolled sheet transportation from the railroad stations of Novolipetsk, Revda, Apparatnaya, Nizhneserginskaya, Yekaterinburg, Vorsino and Vladivostok. At the same time…

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Russia: Prokhorov sells Amurmed

Intergeo, belonging to Mikhail Prokhorov, has sold Amurmed. According to Intergeo, Amurmed is a less attractive asset for the group than the Ak-Sug in Tuva (5.7 million tons of copper) and Kingash in Krasnoyarsk Krai (2.2 million tons of nickel, and 1 million tons of copper, as well as cobalt, platinoids and gold). Amurmed has…

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Russia: Electrocable products used at Gaysky GOK

This year Gaysky Mining and Processing works has for the first time used HoldCag power cables with wire armor, produced at Electrocable.

HoldCab also features polymer coating.

The first out of four cable threads has been built in the Novaya mine shaft. It consists of 3 sections of 400 meters each. (Ukrainian metal)