The board of directors of Russian metals giant Norilsk Nickel has recommended paying 776.02 rubles per share, or a total of about 122.802 billion rubles in dividends for January-June, the company said in a statement. The shareholders will discuss the recommendation at an extraordinary meeting scheduled for August 27. The record date for the dividends…Details
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Novocherkassk Electrode Works (NEZ) has put into operation a new line of pitch impregnation. The line will increase the output of electrodes with the diameter of 250 mm to 710 mm 2-fold, from 1500 tons to 3 thousand tons. The cost of the project is 172 million rubles. Until 2020 Energoprom will invest 2.6 billion…Details
Smart Maritime Group has shipped to the customer the first batch of metal structures produced under the contract to assemble three thickener tanks for Yuzhniy Mining and Processing Works with the combined cost of 175 million UAH. So far 180 pillars have been sent to the city of Krivoy Rog. All of them have been…Details
Energomashspetsstal has supplied a batch of supporting rolls for ArcelorMittal. The companies have been cooperating since 2001. This time EMSS shipped rolls to AM Atlantique et Lorraine Seremange HSM (France), AM Bremen GmbH (Germany), AM Espana SA (Spain) и AM Poland S.A. (Poland). The combined weight of rolls to be used in cold- and hot-rolling…Details
Energomashspetsstal has shipped another batch of slag ladles to ArcelorMittal Temirtau. The batch included 3 slag ladles with the total weight of 67.6 tons. Each ladle has the volume of 16 cubic meters. EMSS has been producing slag ladles since 1987. The first ladle castings were supplied to Taganrog Iron and Steel Works. (Ukrainian metal)Details
Uralmashzavod has concluded a contract with Karelsky Okatysh to supply a gyratory crusher with improved performance and crushing quality. The modernized crusher with the weight of 430 tons will be able to process 5 thousand tons per hour. And the size of the ore should not exceed 250 mm. At present Karelsky Okatysh is using…Details
Electrozinc has started preparations for the tender to design a new zinc electrolysis shop. Within this project Outotec (Finland) representatives visited the company. The new shop with the capacity of 96 thousand tons of zinc will replace the shop built in 1934. 3 companies intend to participate in the project: Outotec, Engitec Technologies (Italy) and…Details
NLMK has finished assembling new machinery under the project to expand the shipping sites in the hot-rolling shop. The increase of the area to process rolled metal and the development of the infrastructure will create a reserve of hot-rolled coils for the periods of seasonal fluctuations of demand. NLMK supplies hot-rolled metal in coils and…Details
Cherepovets Iron and Steel Works has started construction works within the project to modernize hydraulic roll screwdowns of edging stands and horizontal stands of the mill-2000 in the sheet-rolling shop No. 2. Investments in the project total 1 billion rubles. At present the general contractor is constructing foundation pits for the pump stations and prepares…Details
From next week Severstal and NLMK will increase the purchasing price of rolled sheet following the growth of the export alternatives. In particular, the price of NLMK cold-rolled sheet with the thickness of 1 mm of 08ps steel will be 52 thousand rubles per ton CPT Moscow, up from 50.5 thousand rubles this week. Severstal…Details
The state enterprise Yuzhnodonbasskaya Mine No. 3 named after Surgay has put into operation a new long face. “The reserves total 518 thousand tons, enough for half a year work. Daily output is expected at 1.2 thousand tons”, the Donetsk regional military-civilian administration chairman Alexander Kuts posted on his Facebook page. In January-June the enterprise…Details
Severstal has supplied some 700 tons of liquefied natural gas tank structure components made of cold-resistant low-carbon steel with 9% nickel contents for the construction of the manufacturing complex in Leningrad region. In 2017 Severstal was the first in Russia to start producing this steel at Cherepovets Iron and Steel Works at mills-2800 and 5000.…Details
The rail and beam shop of the Chelyabinsk Iron and Steel Works has set a new record on daily rail production. The mill produced 3.3 thousand tons of rails during the day with the average daily output of 2.9 thousand tons. This is not the first record of the shop. In November 2017 daily rail…Details