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The supervisory board of Dneprospetsstal has removed three members of the board and appointed 4 new instead. According to the company press-service, Alexander Panchenko, Sergey Kasyan and Yuliya Deyeva are no longer part of the board. At the same time, from October 23 Andrey Katerusha, deputy chairman on economic safety, Maxim Zinovkin, personnel director, Sergey…
DetailsSince the start of the year Yuzhniy Kuzbass has extracted 1 million tons of coal at the Olzherasskiy pit. At present the company operates at two licensed sites – Berezovskiy and Berezovskiy-2. 9 excavators, 3 boring machines, 7 bulldozers, 2 graders as well as 23 BelAZ quarry dump trucks of various lifting capacities are used.…
DetailsSolway Investment Group, owner of Pobuzhye Ferronickel Plant, is closely watching the situation with the ban of nickel ore exports from Indonesia. “So far the information from Indonesia has been controversial. We are closely watching the situation with the temporary halt of nickel ore exports and taking steps to increase purchases from other countries. For…
DetailsMetinvest Group intends to remain a stable player on the European steel market. “We are working on a business model to let us become a consistent player and diversify sales between various regions to focus on our main consumer markets”, the group sales director Dmitriy Nikolayenko declared. “Metinvest is the manufacturer with low expenses and…
DetailsIzhstal has capitally repaired its hydraulic shearing press. The stable operation of the machinery will provide the electric arc steel shop with quality raw materials. The capacity of the Metso Lindemann shearing press is 29 to 64 tons per hour depending on the type of scrap. The specifically prepared scrap is then used to produce…
DetailsCorum Group has concluded a new agreement with one of the largest potassium fertilizers manufacturers in the world – Belaruskaliy. The company has ordered 16 innovative transformer substations. “These substations are more powerful, while at the same time being more efficient. We used to produce 6 kW transformer substations. The new substations have the capacity…
DetailsSergey Yaremchuk has been appointed new Cherepovets Iron and Steel Works coke-sinter-blast furnace manufacture director from November 1. Prior to that he was the deputy director on techniques. Yevgeniy Vinogradov, who has been managing the pig iron manufacture from 2014 till 2019, will continue his carrier as the Severstal Russia Steel CEO. Sergey Yaremchuk has…
DetailsGold consumption by Russia’s jewelry industry fell by 0.24% YoY, to 25.002 tons, or 803,800 ounces, in January-September, a representative for the Assay Chamber of Russia reported. The industry’s silver consumption decreased by 2.61%, to 80.374 toes, or 2.584 million ounces, in the period. Russia’s gold jewelry production fell to 22.39 million items with a…
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