Severstal – Bar Works Balakovo has accepted the basic engineering and started constructing a line to produce briquettes. ATM (Austria) is supplying the machinery. Construction and assembly work is currently underway. The delivery of the main machinery is expected in December. “The technique to produce briquettes by pressing will give us hard, solid briquettes without…Details
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In January-September Norilsk Nickel received 146.38 billion rubles of net profit, up by 49.8% YoY. According to the group statement, revenue grew by 45.6%, to 447.53 billion rubles, gross profit – by 57.5%, to 279.52 billion rubles, and sales revenue – by 63.1%, to 249.35 billion rubles. In Q3 Nornickel increased nickel output by 9%…Details
Anthracite, extracted at 11 seized DTEK mines on the Ukraine-uncontrolled territory of Donbass, goes trough Russia to various European Union countries. “According to our information, up to 2 million tons of coal have been shipped from the occupied areas of Donbass. Polish companies bought some 300 thousand tons”, DTEK CEO Maksim Timchenko declared. The company…Details
PJSC ArcelorMittal Kriviy Rih has completed the construction of the servicing terminal at the Karyernaya railway station, intended to fill the diesel locomotives, railway cranes for tracks repairing and refueling trucks with diesel. The latter delivers fuel from the station to the open pits to fill dump trucks, drilling rigs, excavators and other large-sized machinery…Details
Since the start of the washing season, the Baldzha team, developing alluvial gold sites in Zabaikalye region, has obtained 690 kg of the precious metal. According to the regional ministry of environment, the annual quota was set at 300 kg of gold. Thus, the plan has been exceeded 2.3 times. By the end of the…Details
On November 6 the MMK Trading House is celebrating its 10th anniversary. In 10 years the company has increased metal sales in Russia and Kazakhstan to 1.5 million tons a year. The operation of the trading house began at 5 warehouses in Povolzhye and the Urals. The anniversary 30th site was opened in the city…Details
Holding Cable Alliance has supplied products for modernization of the Kola Nuclear Power Plant in the Murmansk region. The total volume of deliveries this year has reached 150 km. “All the cables and wires for the power plant are fire- and explosion-proof. The chance of fire at the NPP are low, but if it does…Details
Orel Steel Works has commissioned another machine under the project to increase fasteners output. Investments totaled some 140 million rubles. A new heat hardening machine, the third one, was commissioned in late October. Thus, the company will increase fasteners manufacture to 400 tons per month. (Ukrainian metal)Details
The board of directors of aluminum giant UC RUSAL has decided to remove the company from registration in Jersey and reregister it as an international company in Russia, according to the company’s statement released on the Hong Kong Stock Exchange on November 5. Hit by the U.S. sanctions, RUSAL said in August it started a…Details
Chelyabinsk Iron and Steel Works has produced over 5 thousand tons of rebars for the construction of the housing district Salavat Kupere (Rainbow) in the city of Kazan. Some 1.5 million square meters of living quarters will be constructed in the district. Metal is supplied by Mechel-Service. (Ukrainian metal)Details
In April-June Korshunovsky Mining and Processing Works increased ore mining by 30% QoQ, to 1.6 million tons. In Q3 ore output grew by 13% more, to 1.8 million tons. In Q2 iron ore concentrate manufacture totaled 522 thousand tons, up by 48% QoQ, and in Q3 – 609 thousand tons, up by 17%. “Early in…Details
The Fund of Bashkortostan industry development could support the new investment project of Beloretsk Iron and Steel Works on ferrous metals processing. Investments planned might exceed 1.1 billion rubles. As one of the tools of support the company mulls a soft loan of 540 million rubles. The loan at 3-5% is to be paid from…Details
In October Energomashspetsstal shipped 230 tons of rolls to three domestic metal enterprises. Work and back-up rolls have been delivered to Zaporizhstal, Mariupol Ilyich Iron and Steel Works and Kramatorsk Metal Rolling Works LLC. All the companies are long-time partners of EMSS. (Ukrainian metal)Details