Russia: MMK to increase sales in 2016

This year MMK plans to increase sales by 245 thousand tons YoY, to 11257 thousand tons. The local market will receive 7144 thousand tons, with 3136 thousand tons to be exported. Hot-rolled flats sales will drop to 3048 thousand tons due to the decrease in demand on behalf of pipe manufacturers; cold-rolled metal sales will…

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Ukraine: Makeevugol to employ 1700 people

The Donetsk People’s Republic (Russia-supported terrorist organization) mines want to employ some 3700 people, with Makeevugol needing 1700 workers. The mines need 950 breakage face workers, 450 shafters and 450 mine explosion engineers, some 500 repairmen, etc. Makeevugol needs the most employees. Still most miners in DPR have large salary debts and try to go…

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Kazakhstan: AMZ starts operating

On November 7, the Almaty Metal Wares Works (Tokyo Rope Almaty) started operating.

The company will specialize in metal systems for infrastructure objects, steel fasteners for mining industry, ragbolts and joins for construction, metal wares and steel ropes.

Tokyo Rope has invested 25 billion tenge in the works. (Ukrainian metal)

Russia: Severstal-Metiz saves 70 million rubles

In January-September Severstal-Metiz was able to save over 70 million rubles due to the successful realization of expenses decrease measures. According to the company statement, the most effective were the wire production technique changes, coating materials usage decrease and the replacement of packaging. “We pay much attention to changes that directly affect prime cost decrease…

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Ukraine: SAR coal arrives

The Yuzny trade seaport has received the vessel with 79 thousand tons of anthracite from the South African Republic.

The delivery was timely. All the coal is intended for Pridneprovskaya thermal power plant.

Unloading will take 3 days. (Ukrainian metal)