Russia: Severstal finishes repairs at Kolpino sites

Severstal has finished the scheduled capital repairs for 2017 at its two Kolpino city enterprises: Izhorsky Pipe Works and Cherepovets Iron and Steel Works (sheet-rolling shop).

The modernization has been designed by the Severstal Russian Steel enterprise – VNIIMETMASH.

The repairs will improve the technical characteristics of machinery and its wear resistance. (Ukrainian metal)

Russia: VTZ completes modernization of hot-rolling sites at PRS No. 3

Volzhsky Pipe Works has finished the scheduled modernization of the main sites at the pipe-rolling shop No. 3, which produces hot-deformed seamless pipes for oil and gas industry. In particular, the sites of the pipe hot-rolling and casing pipes treatment have been modernized. The works have considerably improved the operating characteristics of the shop machinery.…

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Ukraine: Metinvest repays $46.6 million of interest and $10.1 million of principal on eurobonds

Metinvest, a mining and metallurgical group, has repaid $56.7 million on new eurobonds with maturity on December 31, 2021, the group said on the website of the Irish Stock Exchange. According to the report, this amount consists of $26.445 million interest income for the period from August 18 to November 18, $20.138 million of the…

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Russia: RCC takes part in Raw Materials Dialogue

The Russian Copper Company presented its Smart Copper corporate production standard at the 1st Russian-UK Raw Materials Dialogue Trust and Cooperation – the Major Elements of Sustainable Development in St Petersburg. Natalia Gonchar, RCC’s Director for EHS, discussed RCC’s principles of efficient use of natural resources, energy saving and minimum environmental impact. These principles are…

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Russia: Chukotka coal output up in January-October 2017

In January-October Chukotka Autonomous District mined 400.8 thousand tons of coal, up by 83% YoY.

Of this volume, Shakta Ugolnaya provided 178.3 thousand tons, down by 19%.

The second largest miner in the region is Beringpromugol LLC, developing the Fandyushkinskoye deposits since December 2016. This year the company has mined 222.5 thousand tons. (Ukrainian metal)