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A company, connected with TMK and ChTPZ, have gained control over the electrometallurgical works in Smolensk region, which could have become a Zagorsky Pipe Works (ZTZ) site to produce seamless pipes. Pervouralsky Pipe-Rolling Plant has become a mortgagee of Parus LLC, owner of the Electrometallurgical Foundry-Rolling Works in Yartsevo. ZTZ intended to produce 400-450 thousand…
DetailsCherepovets Iron and Steel Works is constructing a 110 kW high-voltage line at its manufacturing site. The cost of the project exceeds 1.5 billion rubles. The goal of the project is to provide the company with its own electricity. The project is expected to be completed in December 2020. (Ukrainian metal)
DetailsUntil January 15, 2020 companies producing rolled metal for construction will be inspected. The experts will check whether the companies comply with the set quality and safety standards. The corresponding government decision was taken on December 14. Until March 1, 2020 all the laboratories controlling rolled metal quality and safety have to be modernized. Moreover,…
DetailsIn October Russia exported 8.3 thousand tons of ferrochrome, down by 32% MoM and by 60% YoY. Deliveries to the Netherlands decreased by 25%, to 6 thousand tons. 1.3 thousand tons were exported to Taiwan, up by 32%. Japan decreased imports from 2 thousand tons to 25.5 tons. In January-October exports totaled 100 thousand tons,…
DetailsBeloretsk Iron and Steel Works has produced aviation ropes for its new customer – the Far Eastern Aviation Service Center. At the request of the customer BMK has produced a batch of galvanized steel ropes with the diameter of 4 mm. In 2016 the company received a gold medal at MetalExpo for this type of…
DetailsThe Cabinet of Ministers has directed UAH 322.6 million to pay salaries to coal miners. Prime Minister of Ukraine Oleksiy Honcharuk wrote about this on his Telegram channel on December 18. “The government has allocated UAH 322.6 million to pay salaries to miners,” Honcharuk wrote. (Ukrinform/Ukrainian metal)
DetailsIn January-November Interpipe Steel decreased steel output by 12% YoY, to 786 thousand tons. In November the company produced 53 thousand tons of steel, up by 23% MoM. The low result of October is explained with capital repairs of machinery. The company resumed operation on November 6. (Ukrainian metal)
DetailsIn January-September Ferrexpo invested over 4.5 billion UAH ($172.2 million) in development of its Poltava, Yeristovo and Belanovsky Mining and Processing Works. In particular, PGOK received 3.03 billion UAH ($115 million), while EGOK and BGOK – 1.48 billion UAH ($57.2 million). PGOK spent the money to maintain current operation (580.1 million UAH, $22 million), on…
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