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Russia: MMK improves supply chain

PJSC Magnitogorsk Iron and Steel Works (MMK) and LLC Siemens, a subsidiary of the German Group of Companies Siemens AG, have signed a contract for the supply of electrical equipment for a period of three years. The joint work of the companies will be organized through the Siemens online store – Industry Mall. Through the…

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Ukraine: AMKR upgrades Mining Equipment Control System

ArcelorMittal Kriviy Rih has finished the pre-commissioning of the upgraded automated dispatch control system for mining and conveyor equipment. The project price amounted to over UAH 16 million. The company started using the system in 2003, and in 2009 it switched it to Tetra digital data transmission system. Nevertheless, since then, ArcelorMittal Kriviy Rih has…

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Ukraine: Yuzhkoks sacks CEO

The supervisory board of Yuzhkoks has stopped the office of the CEO Andrei Shabanov. Kirill Avramenko, the company CFO, has been elected acting CEO. The decisions were taken on May 22. The reason for such a decision is not explained. Shabanov was appointed Evraz Yuzhkoks CEO on December 18, 2017. On April 1, the supervisory…

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Russia: gold output up in Q1 2019

In January-March, Russia produced 58.12 tons of gold, up by 12.6% YoY. Gold extracting grew by 15.5%, to 45.95 tons. Manufacture of accompanying gold totaled 4.32 tons, up by 21%, and of secondary gold – 7.85 tons, down by 4.9%. The main suppliers of gold were Magadan region and the Chukotka Autonomous District. (Ukrainian metal)

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