Severstal-SMC-Vsevolzhsk and Uz-Saemyung Co, the leading supplier of spare parts to UzAuto Motors (previously GM-Uzbekistan), have signed an agreement on the delivery of laser-welded billets. Severstal-SMC-Vsevolzhsk is a joint venture of Severstal and Mitsui. The company operates the only laser-welding line for car manufacturers in Russia and CIS. Its advantage is that it can weld…Details
Andrometa has produced and supplied metal structures for the construction of a logistics complex in the town of Zheleznodorozhniy, Moscow region. The company has designed and manufactured steel frames of four buildings with the combined size of 3.7 thousand square meters. The complex will be used to process cargo flows and store non-food products. (Ukrainian…Details
Uralelectromed has begun the second stage of the reconstruction of its raw materials warehouse in the railroad shop. Until the end of the year the company intends to repair the loading site. The shop warehouse is to be reconstructed in three stages. In 2018 the company repaired its roof, façade and the ground floor. The…Details
Severstal has struck a deal to buy a share in its joint venture with Linde AG.
Severstal will own 26% and Linde – 74%.
The JV was created in June 2017. It is expected to reach it design capacity in 2020-2021. (Ukrainian metal)
Russian holding company SDS-Ugol, a part of Siberian Business Union, plans to invest 3.3 billion rubles in development of its facilities in 2019, the authorities of the Kemerovo region said in a statement.
The figure includes security spending, which will amount to more than 500 million rubles. (Prime/Ukrainian metal)
Workers of the Alaverdi Copper Smelter blocked the railway leading from Armenia to Georgia on July 1. In late April, it became known that employees of the idle plant in the city of Alaverdi would get their salaries only by the end of June. Vallex group of companies that owned the plant, made the decision.…Details
Ex-CEO of the Ukrainian Tobacco Company LLC Andrei Duvanov has replaced Alexander Safin in the office of the CEO of Zinc (Donetsk region). The decision was taken at the supervisory board meeting on June 27. Duvanov has been appointed from July 4 for 3 years. In 2018 Zinc received 3.983 million UAH of net profit,…Details
The Ministry on the issues of temporarily occupied territories and internally displaced people suggests resuming sanctions against Moldova Iron and Steel Works, situated in the Moldova-uncontrolled Transnistria. The plant has been under sanctions since 2018, but in March was excluded from the list. The main customer of MMZ, processing scrap and producing rolled metal, is…Details
After the processing works at the Tekhutskoye deposit resumes operation, Tekhut plans to increase employee number to 1 thousand people. According to some sources, the deposit, pledged to the Bank VTB earlier this year, which has invested $380 million in it, has been transferred to the management of the Russian Copper Company. The program to…Details
Dmitriy Porkovskiy has been appointed a new OMZ-Spetsstal LLC CEO. He has started working in metal industry in the sheet-rolling shop No. 3 in Kolpino. In 2014 he was appointed deputy director of the pipe manufacture division of Severstal. From June 2015 till June 2019 he has been the director of the pipe manufacture division…Details
The Al-Mg-Sc alloy, developed by the Institute of light alloys and techniques, has successfully passed an international registration and has been included in the international registry of deformable alloys under the 5081 grade. The new alloy could be used in various spheres, including shipbuilding and aerospace industry. The registration has been carried out according to…Details
On June 25 Dalpolymetal received a license to carry out prospecting work at the Yuzhno-Solontsoviy site of the Partizanskoye polymetal deposit.
The license is valid for 5 years.
Prospecting has already been carried out at the site. But the company intends to further study it. (Ukrainian metal)
Yekaterinburg Non-Ferrous Metals Processing Works is actively producing heart surgery and neurosurgery wares and participating in important events. Thus, the company has participated in Medtec Live 2019 in Germany, where it was able to meet major global manufacturers of pacemakers, diagnosis and ablation catheters and brain stimulators. The company has also participated in the MedTech…Details
Mikhailovsky Mining and Processing Works has put into operation its second truck scales.
They will increase shipping volumes 2-fold.
The lifting capacity of the new equipment is 100 tons. (Ukrainian metal)
In May Svobodniy Sokol made another successful delivery of pile products of high quality pig iron to Europe. 800 meters of piles with the diameter of 170 mm were shipped to construction sites in Austria and Germany via Ingenieurburo Maurer R. In July the company intends to send another batch of 825 meters of piles…Details
In April Russia exported 125 tons of tungsten ore and concentrate, up by 96% MoM and by 102.4% YoY. All the materials were exported to the South Korea. In January-April exports grew by 20.1% YoY, to 375 tons. Since the start of the year in monetary terms the exports have increased by 0.8%. In April…Details
Since 2016 Svetloye LLC, a part of Polymetal, has produced 10 tons of gold at the Svetloye deposit in Khabarovsk region. Gold is obtained by ways of heap leaching. Last year output increased by 28% YoY, to 4.2 tons. In Q1 2019 the company extracted 286 kg of gold, up by 10%. The deposit was…Details
Representatives of Krasniy Octyabr have held a number of successful negotiations in Uzbekistan. The talks have been held within the business mission of the Volgograd region to Uzbekistan. In Soviet times and in 2000s special steel of Krasniy Octyabr held a niche on the Uzbek market. But several years ago the trade relations were suspended.…Details
In July Severstal-Metiz is celebrating 15 years since its creation. The company was founded on July 1, 2004 to manage three plants: Cherepovets Steel-Rolling Plant, Orel Steel-Rolling Plant and VolgoMetiz. Since then the company has invested over 12 billion rubles in the modernization of the enterprises. The plant in Orel since 2014 has been manufacturing…Details
In June Russian Railways throughput totaled 101.6 million tons, down by 5.4% YoY. In H1 throughput dropped by 1.5%, to 633.6 million tons. Ferrous metals accounted for 38.2 million tons, down by 3.3%. In January-June 6.9 million tons of ferrous metals scrap were transported, down by 0.2%. At the same time transportation of iron and…Details
Chelyabinsk Pipe-Rolling Works will spend all of its 2018 net profit and a part of the profit from the previous years to pay dividends. The decision was taken on June 28 at the annual shareholders meeting. Shareholders and their representatives, owing 97.2715% of shares, participated in the meeting. The total amount to be paid is…Details
In June Yuzhniy Mining and Processing Works produced 997 thousand tons of concentrate, down by 0.9% YoY. At the same time the manufacture of sinter increased by 17.7%, to 103.7 thousand tons. In January-June UGOK produced 6275.6 thousand tons of concentrate, up by 3.6% YoY. But the sinter manufacture dropped by 25.3%, to 668.7 thousand…Details
In spite of the initiation of a bankruptcy case, Dneprovsky Iron and Steel Combine intends to operate in normal mode and have no delays. The bankruptcy case was initiated by the Commercial court of the Dniepropetrovsk region on May 31. According to the legislation, under such circumstances the company has limited ability to provide social…Details
Dalenergomost, a part of KAZ Minerals, has announced an auction to construct energy infrastructure for the Baimskoye copper-porphyry field in Chukotka Autonomous District. The initial (maximum) price of the contract is 17.363 billion rubles. The winner of the auction will have to construct an air electricity line with the length of 741,391 km. The offers…Details