Russia: LMZ SKAD output up

SKAD Casting-Mechanical Plant (Krasnoyarsk region), one of the largest aluminum alloys wheels manufacturers in Russia, this year has increased output by 27% YoY, to 1.2 million wheels. So far exports account for 40% of sales. In 2018 the company will increase investments in modernization and development. This will allow SKAD to increase output by 200-250…

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Ukraine: UGOK appoints board member

The supervisory board of Yuzhniy Mining and Processing Works has appointed Elena Sherstyuk, the ex-financial director of Evraz Sukhaya Balka, a member of the board. The decision was taken on December 15. Sherstyuk has replaced Anna Orlova, who in 2006-2011 was the financial department director at Zapadnosibirsky Iron and Steel Works, in 2011-2014 a member…

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Ukraine: Metinvest capital investments up in January-September 2017

In January-September Metinvest increased capital investments by 55% YoY, to $308 million. The mining segment accounted for 55% of investments as opposed to 48% in January-September 2016, while metal segment for 43% (51%). Investments in the metal segment went to Mariupol Ilyich Iron and Steel Works and Azovstal. While mining investments were transferred to Severniy…

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Russia: NLMK Group offering “Steel Tree” environmental program grants to local communities

NLMK Group, an international steel company with operations in Russia, the USA and the European Union, expands the perimeter of its “Steel Tree” environmental program and announces the launch of target grant allocation to local communities and NGO’s in Lipetsk region, Stary Oskol (Belgorod region) and Zarinsk (Altai region), where NLMK’s key companies are located.…

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Ukraine: AMKR seeking logistics company to deliver metal to ports and iron ore to Europe

PJSC ArcelorMittal Kriviy Rih (Dnipropetrovsk region) is experiencing significant difficulties in transporting 5 million tons of steel products from the enterprise to the Black Sea ports of Ukraine and delivering 2.5-3 million tons of iron ore concentrate to consumers in Eastern Europe, company CEO Paramjit Kahlon has stated. “One of the biggest problems at the…

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Russia: Severstal Steel Ropes supplies products to EuroChem – VolgaKaliy

The Volgogradsky subsidiary of Severstal Steel Ropes has supplied 173 tons of steel ropes to the Gremyachinskoye deposits of EuroChem – VolgaKaliy. The cooperation of the companies started 7 years ago. “EuroChem – VolgaKaliy is our long-time and reliable partner, it’s a constantly developing company. Cooperation means development not only of the company, but of…

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