Izhorsky Pipe Works has won several tenders to supply Gazprom with over 200 thousand tons of large diameter pipes. The products will be used in the development of gas transmission capacities for the Unified Gas Supply System in the Northwestern region (NEGP), as well as the construction of the Kovykta-Chayanda section of the Power of…
DetailsLast year Severstal produced some 12 million tons of steel. Mill-2000 accounted for over 6 million tons. Previously Severstal was able to reach such a record in 1980s. “We have set a task for ourselves – the share of new products in our portfolio has to be 30% by 2023. Now it’s just 5%. For…
DetailsRussian state banks VEB.RF, Gazprombank, and Sberbank will provide financing to Baikal Mining Company belonging to billionaire Alisher Usmanov that would cover up to 70% of a $2.9-billion Udokan copper deposit, Baikal Mining Company said in a statement. The shareholders of Baikal Mining Company have already invested 28.5 billion rubles and they will cover at…
DetailsThe state enterprise Vostochniy Mining and Processing Works has ordered Temp LLC the transportation of uranium ore valued at 42.14 million UAH. Until the end of the year the company has to transport 243 thousand tons of uranium ore from the Novokonstantinovskaya mine to the Ingulskaya and Smolinskaya mines and 45 thousand tons of inert…
DetailsIn January Interpipe Steel manufactured 71 thousand tons of steel, down by 5.3% YoY. In December 2018 the output was 82 thousand tons. In 2018 Interpipe Steel produced 973.8 thousand tons of round billets, up by 15% YoY. (Ukrainian metal)
DetailsThe Republic of Ingushetia has signed an agreement to construct an aluminum alloy works “RIAL”. It will be supplying raw materials to the republic works RIAK, which produces aluminum sections, and the heating radiator works ATM LLC. The agreement has been signed by the governor of the republic Yunus-Bek Yevkurov and the director of ZAS…
DetailsRusal has replaced the members of its board of directors, On February 14, the executive director Sergey Popov resigned, having been elected to a governmental office. Yevgeniy Kuryanov has been appointed in his stead. From February 14, Maxim Poletayev, Randolf Reinolds, Kevin Parker, Nicolas Jordan and Christopher Burnam were appointed to the board of directors…
DetailsThe president of the Russian Copper Company Vsevolod Levin and the governor of the Khabarovsk region Sergey Furgal have signed an agreement on cooperation in the sphere of mining. The regional authorities want to help RCC develop Malomyzh gold-copper-porphyry deposit. Last year RCC bought the Amur Minerals LLC, which owned the license to the deposit.…
DetailsIn 2018 Severstal sold over 5 million tons of rolled metal to local construction companies, up by 7.1% YoY. At the same time, the growth of metal consumption in construction sphere was only 1%. The sales growth is due to additional lines of coated metal. In particular, in December 2018, the company produced the record…
DetailsIn 2019 Norilsk Nickel will invest around 2.8 billion rubles in buying new machinery and equipment for Kola Iron and Steel Company. Nornickel intends to buy 1467 pieces of various machines. Severniy Mine will see a lot of its outdated machinery replaced, including underground dump trucks, loading machines, self-propelled drilling machines, etc. (Ukrainian metal)
DetailsSeverstal – Bar Works Balakovo is constructing a line to produce briquettes of steel and pig iron swarf. Investments in the construction total some 145 million rubles. The manufacture of the first briquettes is scheduled for late March. Machinery was delivered by ATM, Austria. (Ukrainian metal)
DetailsUkrmetallurgprom believes that in March Ukraine will produce 1.9 million tons of steel, 1.8 million tons of pig iron and 1.6 million tons of rolled metal. As of February 13, 19 out of 21 blast furnaces, 8 out of 9 open-hearth furnaces, 15 out of 16 converters, 6 out of 15 electric arc furnaces and…
DetailsIn January Dneprospetsstal produced 14.548 thousand tons of steel, down by 19.9% MoM. Rolled metal output dropped by 3.8%, to 11.441 thousand tons. The total cost of products manufactured in January was 759.915 million UAH, down by 1.1%. (Ukrainian metal)
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