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The Commercial court of Donetsk region has decided to start the proceedings on the bankruptcy of the DTEK Komsomolets Donbassa Mine. On May 15, 2017 DTEK reported the loss of control over its enterprises in the Russia-supported terrorist-occupied territories. Among them was DTEK Komsomolets Donbassa Mine. (Ukrainian metal)
DetailsUntil 2024 Severstal will invest 13 billion rubles in environment projects. The fourth coke oven battery at ChMK produced its first coke after reconstruction in October 2018. Dust exhaust systems will be constructed there to decrease dust emission when producing, transporting and sorting coke. The dust emission decrease is expected to reach 700 tons. All…
DetailsIn March, Yekaterinburg Non-Ferrous Metals Processing Works has successfully passed the re-certification audit of its quality management system compliance with ISO 9001:2015. TMS Rus, an official representative of TUV SUD in EAEU, has carried out the audit and awarded the company with a certificate valid until April 4, 2022. The audit is carried out in…
DetailsChelyabinsk Iron and Steel Works has produced flanged beams for the construction of the first station of Kazan subway second line. The second line will have 12 stations. It will unite 5 city districts. Its length will be around 20 km. The hot-rolled beams have been produced at the rail and beam shop of ChMK’s…
DetailsAt an Annual General Meeting held on June 11 in Moscow, members of the Russian Steel Association re-elected the Chairman of the Board of Directors of NLMK Group Vladimir Lisin as their President. Lisin will preside over the Association for the next two years. Anatoly Sedikh, Chairman of the Management Board of OMK, was appointed…
DetailsIn early June, Rosterminalugol exported its 10-millionth ton of coal since the start of the year. The anniversary ton was loaded on the Redmer Oldendorff (Post-Panamax). This was the 141 vessel loaded this year. On June 10, the company set a new record of railroad car unloading – 95.4 thousand tons. (Ukrainian metal)
DetailsPort Ugolniy Company, a part of Tigers Realm Coal (TIG), has started navigation in the port of Beringovskiy in Chukotka. The first bulker to be loaded this year was the Densa Cougar flying the Maltese flag. The vessel will take some 50 thousand tons of coal to the Asia-Pacific region countries. The loading is made…
DetailsIn May, Ukraine increased semi-finished steel products exports by 25.6% MoM, to 732.6 thousand tons, valued at $314.6 million, up by 39.9%. According to the State Fiscal Service, in January-May semis exports totaled 3.1 million tons valued at $1.3 billion. The semi-finished products share in the overall foreign trade reached 6.24%. Almost half of all…
DetailsThis year Dneprospetsstal has faced the increased competition on world markets because of the drop of demand and imposition of limits on deliveries. According to far foreign countries sales director Konstantin Moroshkin, in the past three years the market situation was favorable. The demand for DSS products was quite high. But in 2019 the situation…
DetailsThe development of sizes and grades of products according to foreign standards and demands of key customers is one of the priority tasks for Metinvest this year. This year the group plans to master the manufacture of four new sizes of slabs and 19 new flat rolled products. Some of the new products are already…
DetailsAzovstal Iron and Steel Works has shut down its blast furnace No. 6 for capital repairs. Its modernization will improve its efficiency, lower manufacturing prime cost and decrease dust emission by 55%. At present the specialists are preparing to start disassembling structures. (Ukrainian metal)
DetailsAs of June 11, Ukraine has emptied its individual tariff quotas for the delivery of seamless pipes of stainless steel, other seamless pipes and unalloyed wire to EU. Rebars quota is 99.26% full, cold-rolled metal – 98.13%, angles and sections – 96.63%, and hollow sections – 98.54%. The wire rod quota has been 73.59% fulfilled,…
DetailsAlfa-Bank has reduced its stake in Russian precious metals producer Polymetal International by 0.03% to 4.98%, the bank said in a statement on June 11. The reason for the reduction was not disclosed. (Prime/Ukrainian metal)
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