Severstal, Rosnano and Windar Renovables S.L. (Spain) have concluded an agreement on the creation of a joint enterprise Bashni VRS to produce steel towers for wind power turbines. They will be produced in Rostov region. Initial investments in the project will reach 750 million rubles. The share of Severstal will be 24.5%. The group will…Details
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The construction of the Tashkent Iron and Steel Works is scheduled to be finished in December 2019. At present metal structures are being assembled at the site. The first products are expected to be produced in spring 2020. The turnkey contract for the construction of the works valued at 287 million euro was concluded with…Details
Corum Druzhkovka Machine-Building Works has produced anchoring for the Pokrovskoye Mine Group. All the 200 sections have been shipped, and assembled at the new long face commissioned on August 21. The reserves of the long face are over 1.4 million tons of coal. The high quality of the anchoring allows using it at two such…Details
In January-August DTEK Energo increased gas coal output by 2.5% YoY, to 15.5 million tons. In particular, DTEK Pavlogradugol mined 13 million tons of coal, on par with the last year level. DTEK Dobropolyeugol increased output by 16.7%, to 2.5 million tons. “Our task is to surpass the last year output level by 1.5 million…Details
In January-June Ferrexpo invested over 1.4 billion UAH (more than $52.9 million) in the development of its Poltava, Yeristovo and Belanovsky Mining and Processing Works. In particular, PGOK received 938 million UAH ($35.1 million), while EGOK and BGOK – 474 million UAH ($17.8 million). The projects to maintain manufacture at PGOK amounted to 333 million…Details
Uralelectromed is constructing the second stage of the steel structures manufacture. The work is scheduled to have ended by 2019. The capacity of two stages will be 8 thousand tons of metal structures per year. The estimated cost of the second stage construction is 380 million rubles. The construction of the second stage of the…Details
In summer Develens LLC received 9 orders from state mine groups to supply machinery valued at 106.51 million UAH. In particular, the state enterprise Yuzhnodonbasskoye Mine Group No. 1 has placed orders valued at 48.6 million UAH. Conveyer costs 33.95 million UAH, while narrow shearer costs 14.65 million UAH. The state enterprise Mirnogradugol placed orders…Details
In July-August Ukrzaliznytisa concluded 27 agreements with Interpipe Ukraine LLC on the purchase of wheels valued at 254.48 million UAH. The cost of most agreements was less than EUR 133 thousand. Interpipe will supply 13547 wheels produced by Interpipe NTZ in 2017-2018 at 19080 UAH apiece. The value of the order is 0.5% below the…Details
The Velikomostovskaya mine of the state enterprise Lvivugol has exceeded its annual plan by 112.6%. On September 10 the mine completed its annual plan on rock mining. Since the start of the year the enterprise has mined 1550 meters of rock. (Ukrainian metal)Details
In January-August the Republic of Buryatia extracted 3482.8 kg of gold, down by 2% YoY. In particular, ore gold accounted for 2269.8 kg, on par with the previous year results. The republic has also obtained 1213 kg of alluvial gold, down by 5%. In January-July gold output totaled 2929.7 kg, up by 7% YoY. (Ukrainian…Details
Rushydro and Rusal have taken a pause in the construction of the Taishet Aluminum Plant because of the sanctions. Earlier the Rushydro CEO Nikolai Shulginov noted that the company deemed it necessary to review the initial conditions of participation in the project. Rusal began constructing the plant in Irkutsk region in 2006, but had to…Details
In January-August deliveries of steel products to construction companies (including imports) decreased by 7.8% YoY. Bars accounted for 43.6% of the total deliveries. The result dropped by 8% YoY. Shapes and sections accounted for 34%, down by 8%. The share of roofing steel, including galvanized, was 8.1%, down by 11.7%. The share of steel pipes…Details
In June-August direct deliveries of ferrous scrap to the major metal companies and pipe plants totaled 4.31 million tons. According to the railroad statistics, this is up by 13.7% YoY. At the same time it is down by 2.8%, up by 22.6% and by 12% compared to 2014, 2015 and 2016 respectively. (Ukrainian metal)Details