Russia: Rusal to suspend silicon manufacture

Rusal Kremniy-Ural intends to suspend the operation because of the unprofitability. “Under the stable trend of global silicon prices decrease, its manufacture in Russia becomes very unprofitable. That is why from December 1 we will suspend the manufacture of the silicon in the Urals until the prices are stabilized”, a Rusal representative noted. At present…

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Ukraine: ArcelorMittal to invest $1.8 billion in AMKR

Having purchased Krivorizhstal, ArcelotMittal has invested $4.4 billion in its Kriviy Rih asset, and in the nearest 5 years will invest $1.8 billion more. According to the company deputy CEO on metallurgical manufacture Alexander Ivanov, the main focus will be on the change in sinter manufacture, which accounts for some 70% of air pollution. “We…

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Ukraine: Mariupol Ilyich commissions mill-1700 after reconstruction

Metinvest has completed the first stage of the hot-rolling mill-1700 capital reconstruction at Mariupol Ilyich iron and Steel Works. “Under the project we have received a new reduction reversing stand and a better water descalling. Thanks to the reconstruction of the heating furnaces we will be able to maintain equal temperature over all the length…

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