Metals giant Norilsk Nickel plans to install Russia’s first, 2-billion ruble air conditioning on the Taimyrsky mine, the company said in a statement on August 8.
The launch is scheduled for July-September 2020. The total consumed electric power capacity is planned at 6 megawatts.
Similar systems are used in China and Poland. (Prime/Ukrainian metal)
In January-July lime railroad deliveries grew by 41% YoY, to 236 thousand tons. At the same time, July saw the lowest level of sales since the start of the year – 26 thousand tons, up by 67% YoY. The main consumers were ArcelorMittal Kriviy Rih (bought small batches last year), Zaporizhstal (down by 27%) and…
DetailsIn January-July railroad deliveries of limestone grew by 7% YoY, to 6.6 million tons. In July deliveries went up by 3% YoY, to 1 million tons, but decreased by 11% MoM. Dniepropetrovsk and Donetsk regions were the largest consumers, accounting for 70% of purchases. The main consumers of limestone are metal companies. In particular, Novotroitskoye…
DetailsEvraz has agreed on the sale of its vanadium manufacturer Evraz Stratcor Inc. to a third party.
The sum of the deal is not disclosed.
It is expected the deal will be finalized in September.
Evraz bought 73% of Stratcor in 2006 for $110 million. (Ukrainian metal)
Top managers of ArcelorMittal Kriviy Rih had a meeting with the President of the State Volodymyr Zelenskyi in the end of July, and recently had negotiations with the representative of the Office of the President of Ukraine, having discussed possibilities to improve environmental footprint and to implement social projects in Kriviy Rih. The result is…
DetailsIn January-July Ukraine received $5.61 billion of revenue from the export of ferrous metals, down by 9.4% YoY. According to the State Fiscal Service, ferrous metals accounted for 19.53% of all export revenue as opposed to 23.07% in January-July 2018. In July Ukraine exported $818.21 million worth of ferrous metals. Imports in 7 months dropped…
DetailsMechel-Service has supplied 300 tons of rebars for the construction of a landing strip of the new airport in Tobolsk, Tyumen region. The rebars have been manufactured by Chelyabinsk Iron and Steel Works. The length of the strip will be 2.4 km and the width 45 m. The construction is to have been completed by…
DetailsIn January-June Evraz received $344 million of net profit, down by 70% YoY. Revenue dropped by 3.2%, to $6.14 billion, and EBITDA – by 22.2%, to $1.482 billion. The decrease is due to the lower prices of vanadium, coal and steel products. At the same time the company has increased its money flow – from…
DetailsFrom August 15 the state enterprise Yuzhnodonbasskoye No. 1 Mine Group will be cut off grid by the demand of the electricity supplier Ukrenergougol. On July 30 the electricity supply to the mines was limited because of the debt of 132 million UAH accumulated in 2016-2018. In 2018 Yuzhnodonbasskoye No. 1 Mine Group produced 465.1…
DetailsIn January-June Ukraine imported 39.394 thousand tons of scrap valued at $22.024 million, up by 52.7% and by 0.1% YoY respectively. According to the State Fiscal Service, the main suppliers were Turkey (49.5%), Russia (41.65%) and the Netherlands (3.02%). Ukraine also imported 488 tons of hot-briquetted iron from Russia valued at $166 thousand, as opposed…
DetailsIn January-July Ukraine decreased steel scrap exports 7.6-fold YoY, to 36.297 thousand tons, valued at $10.186 million, down 9.1-fold. According to the State Fiscal Service, in July Ukraine exported 0.204 thousand tons of scrap, in June – 0.208 thousand tons, in May – 8.086 thousand tons, in April – 8.791 thousand tons, in March –…
DetailsNorilsk Nickel has created modern operational control centers at the Komsomolsky and Taimyrsky mines. The centers allow controlling mining work in real mode and are responsible for the planning of mining operations at all the horizons. Until the end of the year such centers will be created at the Salisty and Mayak mines. Earlier a…
DetailsActivity of Zhong Ji Mining Company was suspended at Solton-Sary field in Naryn region, the Information Support Department of the Government’s Office reported. However, the day before, the Prime Minister of Kyrgyzstan said “incidents between local residents and foreign workers should not cause suspension or stop of company’s activity”. The decision was made on the…
DetailsIn July Sverdlovsk Railroad transported 12.1 million tons of cargo, up by 2.1% YoY. In January-July throughput totaled 81.5 million tons, up by 0.1% YoY. In particular the railroad transported 6.2 million tons of ferrous metals, up by 3.1%, and 1.3 million tons of coke, up by 3.7%. At the same time the transportation of…
DetailsUntil the end of the year several new projects will be implemented on the territory of the Lipets special economical zone of the industrial-manufacturing type. In particular Doka Lipets (Austria) is finishing construction of a plant to produce metal structures and their parts. Investments in the project amount to 600 million rubles. The plant is…
DetailsKoks has put into operation the second stage of the condensing power plant with the capacity of 12 MW. This brings the company total capacity to 24 MW, thus completely covering its electricity needs. With the expansion of the power plant the company will be able to annually save some 70 million rubles. Investments in…
DetailsRussian metals giant Norilsk Nickel still plans to hold an initial public offering (IPO) of its Bystrinsky project, in which it owns 50.01%, in 2020, a company representative reported. “We are working on the project. We plan to present updated information on the IPO at the end of this year,” the representative said. Currently, the…
DetailsMetinvest has invested 4.6 million UAH in the replacement of special machinery used to repair railrod at Azovstal Iron and Steel Works. In particular, an all-purpose on-track machine has been purchased. The machine is used to repair railroad. “The length of the railroad at our plant exceeds 300 km. The new machine will serve us…
DetailsUnder the “Working conditions” program, Metinvest is gradually improving the amenities at its enterprises. Thus, after capital repairs the Metinvest-Promservice has received another bath with the size of 200 square meters in the sinter machinery repair shop. Over 2 million UAH were invested in the project. This year Metinvest has already spent 20 million UAH…
DetailsIn January-June Pobuzhye Ferronickel Plant LLC decreased ore processing by 15.5% YoY, to 573.75 thousand tons. Ferronickel output dropped by 8.5%, to 32280 tons, or by 18.7%, to 6.1 thousand tons of nickel. The main reason of the decrease is the work with lower capacity due to the elimination of consequences of the machinery malfunction…
DetailsThe cracked tiles shall be replaced, the deformed areas shall be repaired, and the project to improve the pedestrian walkway along Metallurgov Avenue near Bogdan Khmelnitsky Park shall be completed, ArcelorMittal Kriviy Rih insists. The company reserved UAH 10 million for this project; the works started in April, but were suspended in May after the…
DetailsArcelorMittal Kriviy Rih has concluded an agreement on financial leasing with OTP Leasing for the purchase of 4 CZ Loko locomotives. The EffiShunter 1600 machines with the combined cost of EUR 9 million will be supplied in 2020. “CZ Loko is one of the major railroad machinery enterprises in Central Europe. Our company will be…
DetailsIn January-June Severstal purchased 12.2 billion rubles worth of goods and services from the Vologda region enterprises, up by 5 billion rubles YoY.
The share of the region in the group combined procurement reached 17%.
The increase is due to the major investment program at Cherepovets Iron and Steel Works. (Ukrainian metal)
Chelyabinsk Iron and Steel Works has started manufacturing a new product at its rail and beam mill – the SVN 27 mine props. These products are in constant demand on the market. When assembling the SVP 27 props, the ChMK produced SVP 22 sections are also used. “This is the 72nd size of the product…
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