From August 15 the state enterprise Yuzhnodonbasskoye No. 1 Mine Group will be cut off grid by the demand of the electricity supplier Ukrenergougol. On July 30 the electricity supply to the mines was limited because of the debt of 132 million UAH accumulated in 2016-2018. In 2018 Yuzhnodonbasskoye No. 1 Mine Group produced 465.1…Details
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In January-June Ukraine imported 39.394 thousand tons of scrap valued at $22.024 million, up by 52.7% and by 0.1% YoY respectively. According to the State Fiscal Service, the main suppliers were Turkey (49.5%), Russia (41.65%) and the Netherlands (3.02%). Ukraine also imported 488 tons of hot-briquetted iron from Russia valued at $166 thousand, as opposed…Details
In January-July Ukraine decreased steel scrap exports 7.6-fold YoY, to 36.297 thousand tons, valued at $10.186 million, down 9.1-fold. According to the State Fiscal Service, in July Ukraine exported 0.204 thousand tons of scrap, in June – 0.208 thousand tons, in May – 8.086 thousand tons, in April – 8.791 thousand tons, in March –…Details
Norilsk Nickel has created modern operational control centers at the Komsomolsky and Taimyrsky mines. The centers allow controlling mining work in real mode and are responsible for the planning of mining operations at all the horizons. Until the end of the year such centers will be created at the Salisty and Mayak mines. Earlier a…Details
Activity of Zhong Ji Mining Company was suspended at Solton-Sary field in Naryn region, the Information Support Department of the Government’s Office reported. However, the day before, the Prime Minister of Kyrgyzstan said “incidents between local residents and foreign workers should not cause suspension or stop of company’s activity”. The decision was made on the…Details
In July Sverdlovsk Railroad transported 12.1 million tons of cargo, up by 2.1% YoY. In January-July throughput totaled 81.5 million tons, up by 0.1% YoY. In particular the railroad transported 6.2 million tons of ferrous metals, up by 3.1%, and 1.3 million tons of coke, up by 3.7%. At the same time the transportation of…Details
Until the end of the year several new projects will be implemented on the territory of the Lipets special economical zone of the industrial-manufacturing type. In particular Doka Lipets (Austria) is finishing construction of a plant to produce metal structures and their parts. Investments in the project amount to 600 million rubles. The plant is…Details
Koks has put into operation the second stage of the condensing power plant with the capacity of 12 MW. This brings the company total capacity to 24 MW, thus completely covering its electricity needs. With the expansion of the power plant the company will be able to annually save some 70 million rubles. Investments in…Details
Russian metals giant Norilsk Nickel still plans to hold an initial public offering (IPO) of its Bystrinsky project, in which it owns 50.01%, in 2020, a company representative reported. “We are working on the project. We plan to present updated information on the IPO at the end of this year,” the representative said. Currently, the…Details
Metinvest has invested 4.6 million UAH in the replacement of special machinery used to repair railrod at Azovstal Iron and Steel Works. In particular, an all-purpose on-track machine has been purchased. The machine is used to repair railroad. “The length of the railroad at our plant exceeds 300 km. The new machine will serve us…Details
Under the “Working conditions” program, Metinvest is gradually improving the amenities at its enterprises. Thus, after capital repairs the Metinvest-Promservice has received another bath with the size of 200 square meters in the sinter machinery repair shop. Over 2 million UAH were invested in the project. This year Metinvest has already spent 20 million UAH…Details
In January-June Pobuzhye Ferronickel Plant LLC decreased ore processing by 15.5% YoY, to 573.75 thousand tons. Ferronickel output dropped by 8.5%, to 32280 tons, or by 18.7%, to 6.1 thousand tons of nickel. The main reason of the decrease is the work with lower capacity due to the elimination of consequences of the machinery malfunction…Details
The cracked tiles shall be replaced, the deformed areas shall be repaired, and the project to improve the pedestrian walkway along Metallurgov Avenue near Bogdan Khmelnitsky Park shall be completed, ArcelorMittal Kriviy Rih insists. The company reserved UAH 10 million for this project; the works started in April, but were suspended in May after the…Details