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The Republic of Ingushetia has signed an agreement to construct an aluminum alloy works “RIAL”. It will be supplying raw materials to the republic works RIAK, which produces aluminum sections, and the heating radiator works ATM LLC. The agreement has been signed by the governor of the republic Yunus-Bek Yevkurov and the director of ZAS…
DetailsRusal has replaced the members of its board of directors, On February 14, the executive director Sergey Popov resigned, having been elected to a governmental office. Yevgeniy Kuryanov has been appointed in his stead. From February 14, Maxim Poletayev, Randolf Reinolds, Kevin Parker, Nicolas Jordan and Christopher Burnam were appointed to the board of directors…
DetailsThe president of the Russian Copper Company Vsevolod Levin and the governor of the Khabarovsk region Sergey Furgal have signed an agreement on cooperation in the sphere of mining. The regional authorities want to help RCC develop Malomyzh gold-copper-porphyry deposit. Last year RCC bought the Amur Minerals LLC, which owned the license to the deposit.…
DetailsIn 2018 Severstal sold over 5 million tons of rolled metal to local construction companies, up by 7.1% YoY. At the same time, the growth of metal consumption in construction sphere was only 1%. The sales growth is due to additional lines of coated metal. In particular, in December 2018, the company produced the record…
DetailsIn 2019 Norilsk Nickel will invest around 2.8 billion rubles in buying new machinery and equipment for Kola Iron and Steel Company. Nornickel intends to buy 1467 pieces of various machines. Severniy Mine will see a lot of its outdated machinery replaced, including underground dump trucks, loading machines, self-propelled drilling machines, etc. (Ukrainian metal)
DetailsSeverstal – Bar Works Balakovo is constructing a line to produce briquettes of steel and pig iron swarf. Investments in the construction total some 145 million rubles. The manufacture of the first briquettes is scheduled for late March. Machinery was delivered by ATM, Austria. (Ukrainian metal)
DetailsUkrmetallurgprom believes that in March Ukraine will produce 1.9 million tons of steel, 1.8 million tons of pig iron and 1.6 million tons of rolled metal. As of February 13, 19 out of 21 blast furnaces, 8 out of 9 open-hearth furnaces, 15 out of 16 converters, 6 out of 15 electric arc furnaces and…
DetailsIn January Dneprospetsstal produced 14.548 thousand tons of steel, down by 19.9% MoM. Rolled metal output dropped by 3.8%, to 11.441 thousand tons. The total cost of products manufactured in January was 759.915 million UAH, down by 1.1%. (Ukrainian metal)
DetailsAn agreement with the company that has won the competition for rehabilitation of Makmal field will have been signed by the end of the month, the Chairman of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan, Emil Osmonbetov, announced. According to him, the competition for Makmal was held last year. The project…
DetailsKorshunovsky Mining and Processing Works has put into operation a renewed system of monitoring the quarry transport named Karier (Quarry). The system allows for more efficient control of the main indexes of the quarry machine fleet operation: lifting capacity, delay time, fuel consumption, etc. The system has been operating since 2007. The modernization of the…
DetailsIn February ArcelorMittal Temirtau plans to complete the investment project to commission a ladle furnace No. 3 in its converter shop. The machine will join two other ladle furnaces already operating in the oxygen-converter shop. The capacity of the new machine is at least 24 smeltings per day, or 2.2 million tons of steel per…
DetailsSergey Kaplin, a member of the Verkhovna Rada from the Petr Poroshenko Block faction, suggests nationalizing ArcelorMittal Kriviy Rih. According to an explanatory note to a draft decree, the MP suggests the Cabinet of Ministers to buy all the shares of the enterprise. The goal behind the idea is to protect the national interests and…
DetailsUkrzaliznytsia (Ukrainian Railways) has once again announced a tender to sell scrap. This is 16.059 thousand tons of bulk scrap No. 510 (rail scrap) with the starting price of 181.196 million UAH. The auction will take place on March 4. (Ukrainian metal)
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