In April 1, the employees of the Rodinskaya mine of the state enterprise Mirnogradugol refused to go underground. For three months they have not been receiving salary in full and intend to strike until the debt is cleared. “The mine is in the restructuring process at the moment. We owed 2.59 million UAH to the…
DetailsNeryungrinsky Pit, the largest coal mining enterprise on the Far East, has turned 40. It was officially opened on March 19, 1979. The coal node of the pit has the size of 16 square kilometers with the maximum depth of 315 meters. (Ukrainian metal)
DetailsZEMZ has rolled a 08X18H10T steel strip with the size of 45×530 mm. Previously the company only manufactured the strip with the size of 73×350 mm. Rolling takes 10 days, while forging lasts for 2 months. The first batch of strips will soon be shipped to Asha Iron and Steel Works. (Ukrainian metal)
DetailsThe architecture, city building and prospective development agency of the Kaliningrad region has allowed creating a small enterprise to produce copper wire rod in the city of Ozersk. A 1-2-storey building with the size of 516 square meters will be constructed. The Baltkat LLC will construct the plant. (Ukrainian metal)
DetailsIn 2018 Electrozinc received 85.4 billion rubles of net losses as opposed to 197.7 million rubles of net profit in 2017. At the same time in 2015 and 2016 the works also saw losses – 895 million rubles and 9 million rubles respectively. Revenue last year dropped by 8% YoY, to 4.54 billion rubles. Sales…
DetailsIn 2018 Revda Non-Ferrous Metals Processing Works received 170.3 million rubles of net losses, up from 10.8 million rubles in 2017. The company revenue grew by 1%, to 3.47 billion rubles. Sales profit was negative, with losses at 28 million rubles, as opposed to the profit of 50 million rubles in 2017. (Ukrainian metal)
DetailsIt has been three years since the commissioning of the polymer-coating unit No. 5 at the Lysvensky Metallurgical Plant, which currently manufactures products with decorative designs under the SteelArt brand. These products consist of a metal base with a three-layer polymer coating, which accurately imitates the look and feel of natural materials such as stone,…
DetailsNLMK Group announces the start of the third stage of its annual Steel Tree grant programme, which offers funding for environmental projects, landscaping and welfare improvement initiatives. In 2019, company employees in all major home regions in Russia will have an opportunity to compete for grants. The programme was launched in early 2017 and enabled…
DetailsRussian aluminum giant Rusal has resumed supplies to the U.S. market and aims to win back customers it lost due to sanctions by about September when the industry seals supply contracts for 2020, its chief executive Evgenii Nikitin said. Last autumn, Rusal, the world’s largest aluminum producer outside China, missed the traditional window for contracting…
DetailsThe economic effect from introducing cost-saving measures in the Belarusian steel mill BMZ totaled $118.6 million in 2018 or over 9% of the prime cost of the products the company makes. The figures were mentioned by the company’s Director General Anatoly Savenok at a performance review conference of the company’s trade union. According to the…
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