The Ukrainian rolled wire has become an alternative to the Chinese products, previously used when manufacturing railroad brake shoes. According to ArcelorMittal Kriviy Rih, in October it shipped the first batch of metal products of 20 tons to the Tribo plant, the only manufacturer of brake shoes in Ukraine. To produce brake shoes the plant…
DetailsIn January-November Uzbekistan mined 3751.3 thousand tons of coal, up by 1.4% YoY. In January-August coal supplies were down by 10% YoY, or by 280 thousand tons. In 9 months the shortage was 1.4%. (Ukrainian metal)
DetailsIn 2018 the group of companies Kolmar intends to have attracted 15 billion rubles of investments. In 2019 the volume is expected to increase to 30 billion rubles. In the South Yakutia territory of advanced development Kolmar is carrying out two major projects – Denisovsky GOK and Inaglinsky GOK. 7.8 billion rubles were spent on…
DetailsIn January-November the Nurkazgan mine of Kazakhmys extracted 4218 thousand tons of ore, up by 5% from the annual target (4 million tons). As to the iron content in the ore, the annual plan was 39200 tons. But the miners were able to reach 40850 tons, or 104% of the target. (Ukrainian metal)
DetailsTrubodetal pipeline joints manufactured for the Surgut hydropower plant-2 have been awarded the diploma of the “100 Best Products of Russia”. The joints are made of heat-resistant pipe with the shelf life of some 23 years. “The market of heat and nuclear energy is a new direction for Trubodetal. Gradually we master these complex types…
DetailsThe employees of Izhstal have celebrated the 50th anniversary of the arc-furnace shop. The first pile in the construction of the shop was laid in March 1964. On December 14, 1968 the first arc-furnace produced the first steel. The construction of the shop was completed in 1976. In 1996 the shop commissioned the vacuum-oxygen decarbonization…
DetailsThree Chinese companies applied for an investment contest for creation of a joint venture at Makmal deposit. All companies contributed $100,000 as a bank guarantee fee and 100,000 soms for a package of information on the project. Thus, the application was filed by Munson Group LLC. The founder and leader of the company is Xu…
DetailsThe Central Commercial Court of Appeals has returned the Zaporozhye Titanium and Magnesium Works to state ownership under a case to cancel an agreement between the works and a Dmitry Firtash company. The company in question is Tolexis Trading Limited, registered in Cyprus. The creation of the joint venture allowed Firtash to get the works…
DetailsIn January-November Interpipe increased steel output by 14.5% YoY, to 892 thousand tons. At the same time, in November the company produced 69 thousand tons of steel, down by 19% MoM. Last year the steel round billet output grew by 38% YoY, to 850 thousand tons. (Ukrainian metal)
DetailsIn January-November Lvivugol increased coal sales by 66.5 thousand tons YoY, to 1.29 million tons, which should be enough to keep the enterprise profitable. This year the enterprise has also received almost 90 million UAH of state money to clear salary debts and carry out modernization of machinery. According to Lvivugol press service, as of…
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