Ingulets Mining and Processing Works has rendered assistance in the restoration of the Shirokoye settlement, where some 20 cottages and 55 yards were flooded in late May – early June. In 2 weeks the settlement has been flooded 4 times. Metinvest, owner of InGOK, has already transferred over 2 million UAH for the purchase of…
DetailsWith the new investor (Metinvest) Pokrovskoye Mine Group will get a guarantee of a long-term development. In early 2019 the enterprise put into operation a new long face with 1 million tons of coal, and in spring – another one. This year it is planned to commission 5 new long faces. In May the enterprise…
DetailsIn January-May Ukraine manufactured 7.92 million tons of rolled metal, up by 2.6% YoY, and exported 6.86 million tons, or 86.6%. Last year the share of exports was 83.2% (6.43 million tons out of 7.72 million tons). Semi-finished products accounted for 45.39% of exports (42.16% in January-May 2018), the share of flat rolled metal did…
DetailsIn January-May metal companies sold 1.064 million tons of metal to the domestic market. All in all local customers received 1.607 million tons of rolled metal, including 543.3 thousand tons or 33.8% of imported metal. In January-May 2018 local market consumed 1843.8 thousand tons of rolled metal, including 545.8 thousand tons of imported metal, or…
DetailsInterpipe wants Ukrzaliznytsia to sell scrap on FCA terms. “We do not buy scrap from Ukrzaliznytsia, as we do not agree with the terms of the current auctions. The key problem is the terms of delivery. They are trying to sell a batch of scrap lying somewhere and weighing none knows how much, protect it…
DetailsCherepovets Iron and Steel Works has completed capital repairs of converter No. 3 in the converter steel shop. In 2018 the converter became the first at the works to be switched to the combined steel blowing. The converter was able to carry out 3200 steel blowings with the warranty index of 3000. The analysis of…
DetailsUkraine must protect its market from the inflow of Chinese pipes. “China constantly increases the deliveries of seamless pipes to Ukraine, especially lately”, Interpipe CFO Denis Morozov said. According to him, earlier Europe, USA and Russia imposed a number of limitations on the delivery of Ukrainian pipe products. “In this trade war we must protect…
DetailsUralelectromed has put into operation a new reverberatory furnace to produce copper granules. In one smelting the furnace processes 25 tons of raw materials, up by 5 tons from the previous furnace. The furnace will produce some 16 thousand tons of copper granules per year. This will help increase blue copperas manufacture. UEM has been…
DetailsStepnoy Pit, a part of Russkiy Ugol, is developing the Chernogorskoye deposit. Since its commissioning in 1993 the pit has extracted over 65 million tons of coal. The anniversary 65-millionth ton was mined on May 24. Last year the pit extracted over 4.2 million tons of coal with 3.4 million tons processed at the factory.…
DetailsElga Coal Pit has put into operation an ESH 20-90 C walking excavator. The machine valued at 1 billion rubles can load over 3 million cubic meters of rock per year. The excavator was produced by Uralmashzavod to order. This is the most powerful machine at the pit. It has the ladle volume of 20…
DetailsGreenleas International Holdings, Abiglaze Limited, Crosland Global Limited and Toshi Holdings have announced their decision to sell some 1.7% of Evraz shares. According to Evraz, this is around 25 million shares. Romans Abramovich indirectly owns Evraz shares through Greenleas International Holdings, Alexander Abramov – through Abiglaze Limited, Alexander Frolov – through Crosland Global Limited, and…
DetailsIn January-May Russia produced 25.6 million tons of rolled metal, on par with 5 months of 2018. In May output grew by 8.5% MoM and by 0.9% YoY. According to the Federal Service of State Statistics, pig iron manufacture in 5 months totaled 21.3 million tons, down by 1.5%, with May results up by 3.7%…
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