Ukraine: SevGOK buys sprinkling machines to fight dust

Severniy Mining and Processing Works is replenishing and modernizing its water-sprinkling fleet to fight dust. In July, 10 special machines were put into operation. In particular, for Pervomaysky and Annovsky quarries the fifth BelAZ water-sprinkling machine with the tank of 119 cubic meters has been purchased. Another BelAZ with a smaller tank (32 cubic meters)…

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Russia: NLMK considers grain-oriented electrical steel plant in India

Russian steelmaker Novolipetsk Steel (NLMK) is considering launching a $100-150-million plant producing grain-oriented electrical steel in India, a company spokesperson said in a statement. “The project is in progress. We are considering locating a part of the grain-oriented electrical steel business. Investment can amount to $100-150 million. The decision has not been made yet,” the…

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Tajikistan: coal output up in H1 2019

In January-June Tajikistan increased coal mining by 18% YoY.

93% of coal is extracted at the pits.

In H1 717.4 thousand tons of coal were sold, including 424 thousand tons to the heat and power plant No. 2.

Exports decreased by 63.5%. (Ukrainian metal)

Russia: VSMPO-Avisma net profit up in H1 2019

In January-June the net profit of VSMPO-Avisma increased by 47%, to 12.828 billion rubles.

The increase is due to the drop of the dollar exchange rate by 9%.

The company revenue grew by 10%, to 42.273 billion rubles.

Sales did not change and totaled 15 thousand tons of titanium. (Ukrainian metal)

Russia: Rusal sales up in Q2 2019

In April-June Rusal increased aluminum sales by 20.8% QoQ, to 1.082 million tons. The increase is due, among other things, to the sales of stocks accumulated during the sanctions. At the same time, the company experts believe the trade war between US and China has resulted in the drop in aluminum demand. Rusal fears the…

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