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Severstal – Balakovo Bar Works has set another record of the average ladle steel smelting resistance. The record of 171 smeltings (with average being 128) was set in Q1. The new record has exceeded the previous of 121 smeltings, which was one of the best results for mini-mills. (Ukrainian metal)
DetailsInterpipe has won two tenders for the delivery of railroad wheels valued at 295.25 million UAH (with VAT) to the state enterprise Ukrzaliznytsia. According to the auction documents, there were two lots of 7.314 thousand and 9.394 thousand wheels. The wheels have to be delivered by the end of the year. Last year Interpipe increased…
DetailsIn March Oskol Electrometallurgical Works decreased railroad sales by 6.5% YoY, to 247.8 thousand tons. In three months sales dropped by 3.2% YoY, to 782.1 thousand tons, with sales to domestic customers down by 42.4%, to 133.6 thousand tons, while exports up by 12.6%, to 648.5 thousand tons. Earlier the works has completed the modernization…
DetailsThe state enterprise Selidovugol has ordered the delivery of pumps, lubricants and mining tools valued at 34.64 million UAH. In particular, the Sumy Works “Energomash” will supply 77 pumps of 27 types with the combined cost of 14.5 million UAH. 25125 mining tools of 10 varieties valued at 15.34 million UAH will be delivered by…
DetailsThe trade union of ArcelorMittal Kriviy Rih will not agree to the administration offer of increasing salary to some employees by 5-20% from May 1. “We have become aware that the administration has prepared a presentation about the scheduled rise of salary by 5% to 20% from May 1. But this goes against our demands…
DetailsIn March Evraz NTMK shipped 247.8 thousand tons of rolled metal via railroad, down by 11.5% MoM and by 28% YoY. In February railroad deliveries decreased by 8.4% and 6.1%, and in January by 9.5% and by 17.9% respectively. In three months the company supplied 833.8 thousand tons of metal, down by 17.9% YoY. This…
DetailsKarelsky Okatysh has finished the scheduled repair of the pelletizing machine No. 2. In particular, the size of the machine was increased. The main repair was carried out in a week. Repairs scheduled for 2018 will increase the machine capacity from 494 to 527 tons of pellets per hour. (Ukrainian metal)
DetailsIn January-March Izhstal sold almost 113 thousand tons of metal, up by 25% YoY. Cast billets saw the highest increase – by 60%, while ingots sales grew by 45%, steel sections by 41% and bars by 20%. In March sales increased by 37% YoY, with steel section sales up by 39% and bars – by…
DetailsIn January-March Russian Coal mined 4 million tons of coal. Some 1 million tons of power-generating coal were mined at the Stepnoy pit in the Republic of Khakasia. Last quarter the company also mined the 60-millionth ton of coal. The Stepnoy pit was put into operation in 1993. In 2017 it yielded over 4.2 million…
DetailsIn January-March UralKuz increased sales by 43% YoY. According to the company statement, customers were shipped some 35 thousand tons of metal, up by 10.4 thousand tons YoY. Railroad axles showed the largest increase in sales – by 63%. Metal for the UralKuz manufacture is supplied by Chelyabinsk Iron and Steel Works. (Ukrainian metal)
DetailsIn 2017 Evraz Yuzhkoks received 5.4 million UAH of losses as opposed to 34.156 million UAH of profit in 2016. According to the company statement, its assets as of late 2017 totaled 1.042 billion UAH, current liabilities – 225.025 million UAH, and consolidated accounts receivable – 272.573 million UAH. On December 19, 2017 Evraz sold…
DetailsRussian tycoon Oleg Deripaska, President and core beneficiary of troubled aluminum giant UC RUSAL, has declined to be nominated to the board of directors of another metals giant Norilsk Nickel, a spokesperson for the company reported on April 12. “Oleg Deripaska has declined to be nominated to the board of directors of Norilsk Nickel, we…
DetailsThe Russian government does not plan to acquire a stake in the sanction-hit aluminum giant UC RUSAL, but will support facilities of the company so that they don’t stop working, Finance Minister Anton Siluanov declared on April 11. On April 6 the U.S. imposed sanctions against 38 Russian tycoons, officials and companies, including tycoon Oleg…
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