Ukraine: AMKR upgrades Mining Equipment Control System

ArcelorMittal Kriviy Rih has finished the pre-commissioning of the upgraded automated dispatch control system for mining and conveyor equipment. The project price amounted to over UAH 16 million. The company started using the system in 2003, and in 2009 it switched it to Tetra digital data transmission system. Nevertheless, since then, ArcelorMittal Kriviy Rih has…

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Ukraine: Yuzhkoks sacks CEO

The supervisory board of Yuzhkoks has stopped the office of the CEO Andrei Shabanov. Kirill Avramenko, the company CFO, has been elected acting CEO. The decisions were taken on May 22. The reason for such a decision is not explained. Shabanov was appointed Evraz Yuzhkoks CEO on December 18, 2017. On April 1, the supervisory…

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Russia: Krasniy Octyabr confirms ISO correspondence

TUV SUD specialists have inspected Krasniy Octyabr Iron and Steel Works.

In particular, the inspectors checked the company quality and environment management systems.

The ISO 9001 and ISO 14001 certificates have been issued for 3 years, but in 2020 and 2021 the specialists will visit the plant again for an interim inspection. (Ukrainian metal)

Russia: gold output up in Q1 2019

In January-March, Russia produced 58.12 tons of gold, up by 12.6% YoY.

Gold extracting grew by 15.5%, to 45.95 tons.

Manufacture of accompanying gold totaled 4.32 tons, up by 21%, and of secondary gold – 7.85 tons, down by 4.9%.

The main suppliers of gold were Magadan region and the Chukotka Autonomous District. (Ukrainian metal)

Russia: metal structures output up in January-April 2019

According to the Federal Service of State Statistics, in January-April, Russia produced 1.5 million tons of metal structures, up by 18.1% YoY.

In April, metal structures output grew by 6.5% YoY and by 0.5% MoM. (Ukrainian metal)

Ukraine: pig iron exports to Turkey down in March 2019

In March, Turkey decreased pig iron exports by 23.4% YoY, to 235 thousand tons.

According to TUIK, money-wise imports dropped by 25.7%, to $120 million.

In particular, deliveries from Ukraine decreased by 54%, to 50 thousand tons, and from Russia by 3.57%, to 258 thousand tons. (Ukrainian metal)

Kazakhstan: Head of State visits Aktobe Ferroalloy Plant

President of Kazakhstan Kassym-Jomart Tokayev has visited the Aktobe Ferroalloy Plant of the Transnational Company Kazchrome JSC. The Head of State got familiar with the industrial process and the performance indicators of one of Kazakhstan’s metallurgy flagships. Besides, the People’s Oversight project, in which people with disabilities are involved in ensuring occupational health and safety…

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Russia: Krasniy Octyabr resumes furnace No. 5 operation

The electric arc furnace No. 5 has been put into trial operation at the electric shop No. 2 of Krasniy Octyabr.

The volume of the furnace is 200 tons.

The furnace has not been operating for a year. It was shut down in May 2018 in order to assemble gas-purifying equipment. (Ukrainian metal)

Russia: Kolmar buys new machinery

Gennadiy Urbanov, director of the Inaglinskaya mine, has held some business meetings in the Czech Republic and Poland. In particular, on May 20, he had a meeting with Ferrit management. It was agreed that the company would expand its service maintenance at the Denisovskaya mine as well as supply spare parts for the monorail diesel…

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Russia: ChMK produces rebars for thermal power plant construction

Chelyabinsk Iron and Steel Works has produced 750 tons of rebars for the construction of a thermal and electrical power plant in Tatarstan.

The plant is being constructed in the industrial district of the Nizhnekamsk city.

Its main fuel will be Nizhnekamskneftekhim gas. (Ukrainian metal)

Russia: Liskimontazhkonstruktsia increases stainless pipes capacities

The output capacity of the Liskimontazhkonstruktsia pipe complex will be increased.

In particular, the company intends to increase stainless steel pipe manufacture to 11 thousand tons.

Last year the company shipped 370 tons of stainless pipes to Novatek.

The manufacturing site was officially opened in June 2017. (Ukrainian metal)

Russia: VSMPO-Avisma to pay 10 billion rubles in dividends for 2018

Shareholders of VSMPO-Avisma decided to pay 873.42 rubles per share as dividends for 2018.

For H1 2018, shareholders received 756 rubles per share in dividends.

Thus, the total amount of dividends reached 8.7 billion rubles.

Shareholders have also discussed a strategic development program until 2026. It is intended to invest over $700 million. (Ukrainian metal)