Zagorsky Pipe Works and the country’s second largest bank VTB have signed an agreement to build a 35-billion ruble seamless pipelines plant, the bank said. “In accordance with the agreements of the parties, VTB plans to act as a financial investor of a project for construction of a new industrial cluster that will produce seamless…Details
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Interpipe intends to redirect the sales of pipes, which had to be sold to the state enterprise Ukrgazvydobuvannya, to foreign markets and private Ukrainian gas extractors. “We are a diversified company in the pipe segment. In Ukraine we sell some 20-25% of pipes. We also have a large share on the American, European and Near…Details
Energomashspetsstal has successfully fulfilled an order to supply supporting rolls to Salzgitter Flachstahl GmbH. The agreement was concluded in March. Under the contract EMSS produced and shipped 2 bulk rolls with the combined weight of 80 tons. The rolls will be used in hot-rolling mills at Salzgitter Flachstahl GmbH. (Ukrainian metal)Details
In September the Northern Railroads transported 5.4 million tons of cargo, up by 5% YoY. Throughput in January-September was 49.3 million tons, up by 5.6%. In particular, 6 million tons of ferrous metals were transported, up by 1.3%, 3.7 million tons of coal, up by 32%, and 2.7 million tons of non-ferrous ores, up by…Details
Izhstal has capitally repaired the steel-smelting complex to produce structure, alloyed and stainless grades of steel. The complex consists of an arc-furnace, a continuous casting machine and machinery for off-furnace steel treatment. Its capacity is 300 thousand tons of castings per year. The complex manufactures more than 80% of Izhstal steel. (Ukrainian metal)Details
ArcelorMittal Kriviy Rih has started hot-testing of its small-section mill No. 250-4, in the reconstruction of which it has invested over $50 million. A part of the amount was spent to purchase Danieli machinery. The new equipment has been designed and supplied by Schneider Electric. Previously the mill was only able to make products of…Details
This year Central Mining and Processing Works has purchased 5 BelAZ sprinkling machines. They are now used to suppress dust at the quarries and in the slurry shop, while in winter they will be sprinkling roads with salt solution. Three new BelAZs with 32-cubic meter tanks can cover the area of 25 meters each. There…Details
Gazprombank plans to sell a 34% stake in the Elga coal project to metals and mining group Mechel for slightly over 30 billion rubles, a source familiar with the situation reported. He also said the deal should be closed by January 20, 2020. On September 30 a spokesman for Mechel said that the company accepted…Details
Perzhanskaya Ore Company LLC has for the second time entered information on its plans to start mining beryllium at the Perzhanskoye deposit in Zhytomir region in the Environment impact registry. The company states that the total size of the deposit is 402.7 ha, and the expected capacity of the mines is 200 thousand tons of…Details
Volnogorsk Mining and Metallurgical Works has ordered Energy Trade Group LLC the delivery of electrical energy valued at 144 million UAH. In October-December the company has to supply 72 million kW-h of electricity at 2 UAH per kW-h. This is slightly below the August-September price of 2.07 UAH per kW-h. At the same time in…Details
On October 1 after a major overhaul the concentrate factory of the quarry No. 4 resumed operation at Irshansk Mining and Processing Works. New Mineral Technologies (Australia) equipment has been installed at the factory – 8 models of various MG-6 spiral separators (68 pieces) and 24 pieces of HG-10. This will allow increasing ilmenite extraction…Details
In September ArcelorMittal Kriviy Rih received the most VAT – 1.154 billion UAH, up 2-fold MoM (633.737 million UAH). According to the State Treasury Service, the other four largest VAT receivers are Zaporizhstal (864.27 million UAH as opposed to 467.64 million UAH in August), Mariupol Iliych Iron and Steel Works (476.712 million UAH and 678.07…Details
In January-September Uskovskaya mine extracted 2 million tons of coal, including 1.7 million tons from the long face 50-20, and the rest from the face 50-22. When the face 50-22 is developed, the miners will turn to the long face 52-04. Next year the long face 48-8 will be commissioned. This is the fourth mine…Details