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Uralelectromed has started preparations to laying the foundation for the third stage of the copper electrolysis shop. All the foundation work is expected to be completed in June 2020. The new site will house one circulation system consisting of 224 electrolysis baths with auxiliary equipment. (Ukrainian metal)
DetailsIn order to create safe labor conditions Russian Copper Company enterprises gradually implement the integrated management system according to ISO 14001:2015 and OHSAS 18001:2007. In February Karabashmed passed the first supervisory audit of the systems. The certificates were received in June 2018. (Ukrainian metal)
DetailsIn 2018 ChTPZ net profit grew 1.9-fold YoY, to 7.7 billion rubles. Sales revenue increased by 13%, to 178.84 billion rubles, and gross profit – by 17.9%, to 44.29 billion rubles. The product prime cost went up by 11.5%, to 134.56 billion rubles. The company fixed liabilities dropped by 5.3%, to 74.2 billion rubles. (Ukrainian…
DetailsVostochniy Mining and Processing Works has announced an auction to buy black oil with the expected cost of 20.19 million UAH. This year for its Ingulskaya and Novokonstantinovskaya mines in Kirovograd region the company intends to order 1230 tons of M-100 black oil valued at 16411 UAH per ton. Only two companies were allowed for…
DetailsChairman of the Board of Kyrgyzaltyn Almaz Alimbekov said how the company was saved from bankruptcy. – There is lot of criticism of Kyrgyzaltyn. How difficult is the situation in the company? – There are only two deposits in the structure of Kyrgyzaltyn OJSC now – Makmal and Solton-Sary. Reserves of both are depleted. We…
DetailsThe state enterprise Lvivugol has concluded an agreement with Corum Trading LLC on the purchase of mining machinery valued at 107.4 million UAH. According to the agreement, the state enterprise will buy a CLS450 heading machine for 45 million UAH and an armored conveyer for 62.5 million UAH. The machinery will be operating at the…
DetailsIn February ArcelorMittal Kriviy Rih received the most of VAT returns – 1.342 billion UAH, up almost 2-fold MoM (723.6 million UAH). According to the State Treasury Service, Mariupol Ilyich Iron and Steel Works and Azovstal were among the top-3 VAT receivers with 1.108 billion UAH and 987.8 million UAH respectively (1.013 billion and 1.032…
DetailsKarelsky Okatysh has put into operation a new train consisting of 12 dump cars. Unlike the previous model, the new dump cars can transport 10 tons more. Thus each car can now transport 115 tons of ore. The power of the locomotive allows moving the rolling stock loaded with over 2 thousand tons of ore.…
DetailsAccording to Rusal, in 2018 Russian aluminum consumption increased to 1 million tons. The company intends to help the Russian market develop. The government has developed a program to increase processing capacities. According to the program, aluminum consumption on the domestic market will grow to 2.8 million tons by 2023. (Ukrainian metal)
DetailsIn 2018 Evraz NTMK mastered the manufacture of 14 new rolled metal sections. In particular, the wheel-tyre shop started producing 7 new types of railroad wheels. The bar shop mastered the manufacture of a tube billet with the diameter of 156 mm. The rail and beam shop began producing new rails for subway. The beam…
DetailsOn March 4, Metinvest-Resource LLC purchased 7.3 thousand tons of scrap valued at 47.2 million UAH at the trades in the ProZorro system. Metinvest-Resource is the sole supplier of scrap to Metinvest enterprises. The initial price of the lot 13B increased from 46.788 million UAH to 47.256 million UAH. Thus, 1 ton of scrap costs…
DetailsIn January-February Ukraine decreased rolled metal output by 0.4% YoY, to 3.093 million tons. Steel manufacture dropped by 0.6%, to 3.53 million tons, and pig iron – by 7%, to 3.358 million tons. In February Ukraine produced 1.57 million tons of pig iron, 1.68 million tons of steel and 1.49 million tons of rolled metal,…
DetailsIn 2018 Seversky Pipe Works decreased net profit 5-fold, to 49.6 million rubles. Revenue grew from 40.4 to 51 billion rubles, with sales profit up from 1.4 billion rubles to 3.68 billion. The volume of fixed liabilities increased from 13.8 to 17.1 billion rubles. (Ukrainian metal)
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