In January-May Corum Group increased exports by 6% YoY. “We exported mostly drill-loading machines, transformer substations and trolleys. We shipped to Kazakhstan, Russia, Poland and Estonia”, the company said. In 2016 Corum exports increased by 34% YoY. “In 2016-2017 we supplied 4 tunneling machines to Kazakhstan, 2 drill-loading machines, 5 reloaders and scraper conveyors, 3…
DetailsAccording to World Steel Dynamics Inc., two Russian companies entered TOP-5 of the most competitive steel companies of the world.
37 companies participated in the research.
Severstal was placed second with 7.79 points, while NLMK, fifth last year, went up one position.
Posco heads the list with 8.31 points. (Ukrainian metal)
Uralelectromed has started assembling pipelines for electrolyte circulation under the second stage of the copper electrolysis shop construction. The total length of the pipelines will be 10 km. The pipelines will be used to prepare, distribute and circulate electrolyte from tanks to 448 electrolysis baths. The construction of the second stage began in July 2014.…
DetailsThe Ministry of energy expects coal exports to grow by 6.3-9.4% YoY in 2017, to 175-180 million tons.
In 2016 Russia exported 164.6 million tons of coal, up by 8.7% YoY.
The ministry also expects coal output to reach 395 million tons this year, up by 2.4% YoY. (Ukrainian metal)
Uralskaya Kuznitsa has started producing rods of special steel grades and heat-resistant alloys for aviation engine building. The quality of the new products has been confirmed by the Aviation materials research institute. UralKuz manufactures new products together with Izhstal and Beloretsk Iron and Steel Works. UralKuz smelts steel and alloys and produces rods and billets…
DetailsCherepovets Iron and Steel Works has started assembling the crane produced at the machine-building shop of SSM Tyazhmash. “The No. 42 crane is our largest project in 2017. Its lifting capacity is 70 tons, length – over 34 meters, and weight exceeds 248 tons”, Severstal Russian Steel repair division director Sergey Dobrodey said. The new…
DetailsBASF and PJSC MMC Norilsk Nickel (Nornickel) announced that they had signed a Memorandum of Understanding and entered exclusive negotiations to cooperate on the supply of raw materials for future battery materials production for lithium-ion batteries in Europe. BASF intends to invest up to 400 million euro in a first step to build industry-leading production…
DetailsRussian gold producer Polyus has set the price guidance of its secondary public offering (SPO) close to the lower bracket of a $66.5-70.6 range per share, a source close to the placement reported. The initial placement price guidance was set at $33.25-35.3 per global depositary share (GDS), which corresponds to $66.5-70.6 per share. “The lower…
DetailsDTEK Komsomolets Donbassa mine, with assets on the occupied territory of Donetsk region, has to pay 13.8 million UAH to the Pension Fund. The company has long been not paying pensions to its employees and not reimbursing the Pension Fund, as the result its debt amounted to 13.8 million UAH. The Donetsk region prosecutors filed…
DetailsUskovskaya mine is one of the best coal enterprises of Kuzbass as to output. 1 million tons of coal have been mined from two long faces – 50-10 and 50-08 (put into operation in May). The target was reached in 4 months. Each month the miners yield 250 thousand tons of coal. The first 1…
DetailsCherepovets Iron and Steel Works has set a new manufacturing record making 75 smeltings on two converters in one shift.
The new schedule on smelting has been prepared with the help of manufacture and orders planning department.
Severstal-Vtorchermet supplied enough scrap.
The previous record was set in June 2015 – 70 smeltings. (Ukrainian metal)
Severstal has received the certificate that the V550V steel for concrete reinforcement with the diameter of 10-32 mm produced by Cherepovets Iron and Steel Works meets all requirements of the Latvian state standards LVS 191-1:2012 and LVS 191-1:2012/AS:2015.
Severstal became the first foreign supplier of rebars to be certified according to these standards. (Ukrainian metal)
On June 27 the Iron and Steel Works named after Komintern was on fire. “The roof of the manufacturing premises was in fire. The size of the fire was 250 square meters. There were no casualties”, the emergency service reported. According to the witnesses, the pipe shop was in flames. Kominmet produces steel pipes and…
DetailsThe Zaporizhstal computer network has become a target of the virus attack. But the computer system has been saved, as the threat has been timely found. When the threat has been discovered, the decision has been taken to switch all computers off. At present all the metal manufacture at the works is operating in normal…
DetailsEvraz has reported that its information system has been attacked by hackers.
“There was a malfunction in the net. The main manufacture is operating. There is no threat to the employees and the enterprises. The specialists are dealing with the situation”, the group said. (Ukrainian metal)
Valki-Ilmenit, despite the cancellation of license, goes on mining raw materials in Zhytomir region for Crimean Titanium, connected with Dmitry Firtash. “On the territory of Zhytomir region there is Valki-Ilmenit LLC, a sole quarry which supplies raw materials to the occupied Crimea, to Crimean Titanium. On March 28, the State Geology Service cancelled its license…
DetailsPoland’s Weglokoks has no plans to import coal from Russia, the company said in a statement following a report by newspaper Rzeczpospolita that it plans to do so due to the lack of own production. “There are many possible directions of coal imports. They are currently being analyzed, but preliminary understanding of the markets already…
DetailsEmployees of Georezerv TK CJSC are on an indefinite strike, Chairman of the Central Committee of the Mining and Metallurgical Trade Union of Kyrgyzstan Eldar Tadzhibaev reported. According to him, the workers completely stopped the work of Ak-Tyuz processing plant in connection with the non-fulfillment of the requirements for payment of wages, provision with overalls,…
DetailsOn June 20 the state enterprise VostGOK Ingulskaya mine was allowed to develop a new zone of uranium ores within the range of the blocks-of-flats in Kropivnitsky. At the same time Smolinskaya mine employees intend to go on a strike. VostGOK has been allowed to work at the site for 10 years, and the company…
DetailsRussia and Ukraine plan to sign a new contract on supply of Ukrainian uranium to Russia in summer, International Uranium Enrichment Center General Director Gleb Yefremov said. “This year the agreement on creation of the IUEC was renewed for another 10-year period, but given the current inexplicable prices for uranium, for uranium fuel components, we…
DetailsPoland’s Weglokoks plans to import Russian coal. The company has already received consent from the government. Poland produces 80,000-110,000 tons of coal daily, but needs 150,000 tons. As a result, Poland can have an up to 5 million ton shortage in 2017. Weglokoks spokesman Pawel Cyz said that the company was considering various opportunities and…
DetailsShareholders of Ordzhonikidze Mining and Processing Works decided to change the name of the company. At the first in three years meeting they renamed the company Pokrov Mining and Processing Works. They have also approved of the reports, reelected the supervisory board, revision commission and the board. In 2013 OGOK received the net loss of…
DetailsPlants of Russian aluminum producer UC RUSAL in the cities of Bratsk, Irkutsk and Krasnoyarsk have had power outages due to setbacks on the Boguchanskaya GES and Berezovskaya GRES power plant units, the Energy Ministry said in a statement on June 27.
The details are being clarified, the ministry said. (Prime/Ukrainian metal)
In May Russia produced 4.3 million tons of pig iron, down by 2% YoY. In 5 months pig iron output dropped by 0.6% YoY, to 21.634 million tons. Ukraine in May decreased pig iron manufacture by 31.8% YoY, to 1.53 million tons, with 8.058 million tons produced in January-May, down by 20.9% YoY. Kazakhstan pig…
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