In November-December under the program to modernize its transport fleet Mechel received some 150 open cars valued at 467 million rubles. The main suppliers were Altaivagon and Ruzkhimmash. The cars were both purchased and leased, At present Mechel-Trans operates some 11 thousand pieces of rolling stock. Next year it plans to buy 1 thousand open…Details
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The South-Caucasus Railroad and GPMGold have signed an agreement to organize gold-bearing ore transportation from the Sotskoye deposit to Ararat Gold-Extracting Factory. According to the document, the volume of ore to be transported over 269 km is 1.5 million tons, up by 10% YoY. Last year 1.18 million tons of ore were transported. Since 2008…Details
On December 14 the state enterprise Lvivugol completely cleared its salary debts to miners for October. The enterprise received payment for coal sales, which was spent to clear the debt. The amount of salary to be paid for October was 147 million UAH. (Ukrainian metal)Details
Since the start of its operations in December 2013, Severstal-SMC-Vsevolozhsk has processed over 300 thousand tons of metal. The mini-CTL since the start of the year has produced 1.5 million billets, while the laser-welding site manufactured 1 million billets. Cherepovets Iron and Steel Works is the main supplier of rolled metal for processing at Severstal-SMC-Vsevolozhsk.…Details
In 2018 TMK Chermet invested 120 million rubles in development. In particular, the company has purchased 28 new machines – KamAZs with cranes and manipulators, Volvo bolster-type tractors and semi-trailers, as well Liebherr unloaders. The company has also invested in the modernization of weighing and radiation control machinery, as well as restored over 5.5 thousand…Details
Severstal Russian Steel has completed the autumn repair campaign at Cherepovets Iron and Steel Works and Severstal Bar Works Balakovo. Overall the group has carried out 10 capital repairs valued at 1.8 billion UAH. In particular the blast furnace No. 2, converter No. 3 and mill-2000 have been repaired. The latter allows now producing sheet…Details
In 2018 Metinvest gave 150 million UAH for social projects in Mariupol, investing over 1.4 billion UAH in environment protection. The city health industry received over 16 million UAH, and education – some 20 million. The group also helped repair the Theater Square and construct a fountain, spending 35 million UAH. Investment in environment protection…Details
The US Department of Trade will keep the antidumping duties on the delivery of construction steel rebars from Ukraine and some other countries. The third revision of the duty terms was initiated on June 1. On December 7 the results were published. US still believe that the cancellation of the duties will result in the…Details
149 days ago EU set a quota for the delivery of metal from Ukraine. The quota will be valid for 51 days more. As of December 14 Ukraine has supplied 2.4 million tons of hot-rolled metal to EU, or 58.11% of the quota. Cold-rolled metal quota has been 47.18% fulfilled (622.1 thousand tons), alloyed and…Details
DCH has extended the office of the Dneprovsky Iron and Steel Works CEO Gennady Bergman. He will be in the office until December 31, 2019. The decision was taken by the supervisory board on December 14. DCH purchased DMZ from Evraz in March. (Ukrainian metal)Details
Russia is suffering from the shortage of silicon metal. All the metal is purchased in China or EU. Thus, Italian Tenova and Codest decided to create a silicon cluster. The project includes the construction of a plant to produce silicon metal with the capacity of 36 thousand tons per year. Investments will reach $134.5 million.…Details
According to the Federal Service of State Statistics, rolled metal output in January-November totaled 56.3 million tons, up by 2.3% YoY. In November manufacture dropped by 0.6% MoM, but grew by 4.6% YoY. In 11 months Russia produced 47.4 million tons of pig iron, down by 0.2% (down by 2.8% MoM, but up by 1.7%…Details