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Energomashspetsstal has successfully fulfilled a contract to supply supporting rolls to a major Chinese metal company Anyang Steel. Under the contract EMSS has shipped two heavyweight supporting rolls with the combined weight of 230 tons. The rolls will be used in the hot-rolling plate mill-3500. The successful fulfillment of the order will allow EMSS receiving…
DetailsIn early September Ukrzaliznytsia announced a tender to buy tyres for rolling stock valued at UAH 47.7 million. Two companies participated – Interpipe Ukraine and Intervtorprom. Neither decreased their offers, thus raising suspicion. Journalists of the “Railroad without corruption” project found out that the companies often participated in such trades. This time all the documents…
DetailsKarabashmed is completing the assembly of the machinery of the third oxygen station. The new shop is being constructed under the program to modernize the chemical and metallurgical complexes of the enterprise and will increase Ausmelt furnace output. The capacity of the new oxygen station will be 5 thousand cubic meters per hour. The main…
DetailsBerezitovy Rudnik LLC, which is developing a gold ore deposit in Amur region, has increased its machinery fleet for 638 million rubles. According to the company statement, it has purchased 17 units of special machinery for the operation at its quarry. In particular, that’s 5 Caterpillar CAT-773 dump trucks with the lifting capacity of 55…
DetailsOn October 1 Belarus Iron and Steel Works shipped the 1.8-millionth ton of metal cord. This is the result of the operation of steel wire shops Nos. 1 and 2 since the start of the metal wares manufacture at the works. In January-September BMZ produced 68 thousand tons of metal cord. This year the products…
DetailsRussian Copper Company has become the owner of the project to develop a major gold-copper-porphyry deposits Malmyzhskoye in Khabarovsk region having purchased the license from IG Copper and Freeport McMoRan Exploration for $200 million. In particular, RCC has bought the operator of the deposits – Amur Minerals, created as a joint venture by IG Copper…
DetailsChTPZ has concluded agreements on the cancellation of contracts of ChTPZ and PNTZ share pledge with its bank-creditors – Gazprombank and VTB. At present the group has no pledges on its loan portfolio. “The constant work to improve operation, control of our loan pledges and a constructive approach on behalf of the banks allowed us…
DetailsIn July Metinvest increased its EBITDA by 0.9% MoM, to $233 million. Revenue dropped by 1.3%, to $1.082 billion. In 2017 Metinvest EBITDA grew 1.77-fold YoY, to $2.044 billion, while revenue went up by 43.5%, to $8.931 billion. (Ukrainian metal)
DetailsThe shareholders of Russian titanium giant VSMPO-Avisma have approved paying 756 rubles per share, or 8.7 billion rubles, in dividends for January-June, the company said in a report on October 4. The record date is scheduled for October 12. VSMPO-Avisma paid 762.68 rubles per share in dividends for January-June 2017. State industrial corporation Rostec holds…
DetailsPrices for gold, silver and platinum decreased, while the palladium prices increased in Azerbaijan on October 4, according to the data published by the Central Bank. The price of gold dropped by 16.065 manats, to 2,033.88 manats per ounce on October 4 compared to the price on October 3. The price of silver fell by…
DetailsCherepovets Iron and Steel Works has entered an active phase of the blast furnace No. 3 construction. The foundation for the blast furnace has been laid. “The construction of the blast furnace complex is carried out without shutting down the manufacturing process. The specialists are also assembling conveyers to transport sinter”, Severstal Russian Steel CEO…
DetailsAccording to the Russian Railways information, in September cargo transportation totaled 104.5 million tons, up by 0.7% YoY. In January-September transportation grew by 2.7%, to 962.3 million tons. In particular, iron and manganese ore accounted for 86.5 million tons, up by 5% YoY. Ferrous metals transportation increased by 9.9%, to 58.8 million tons, and scrap…
DetailsThe Interdepartmental commission on international trade has started an antidumping investigation on the import of some types of rolled metal with corrosion-resistant coating from Russia and China. According to the commission, the metal could have been supplied at dumping prices, damaging local manufacturers. In particular, in 2015-2017 imports from Russia and China grew by 51%.…
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