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Stoylensky Mining and Processing Works has put into operation a new 15-cubic meter excavator. The machine will be loading ore into railroad dump cars to be transported to the processing factory. The excavator has been purchased under the project to develop the quarry and increase quartzite output. The weight of the machine is 700 tons.…
DetailsThe chairman of the Republic of Bashkortostan Rustem Khamitov has visited the Buzdyak Works. The works has mastered the manufacture of steel rebars. As raw materials the company uses used gas pipes. The capacity is up to 1 thousand tons of rebars per month. It employs 50 people. (Ukrainian metal)
DetailsMMK has delivered a trial batch of metal to Turkey via railroad Magnitogorsk – Baku – Tbilisi – Kars. Now the company is negotiating with Azerbaijani ADY Express the ways to supply up to 250 thousand tons of metal per year via this route. 4 containers with the total weight of 120 tons have been…
DetailsNatalya Evgenova, ex-manager from Metinvest Business Service LLC, has been appointed the chief accountant of Yuzhkoks. According to the CEO order dated August 3, she has been appointed from August 6 for an indefinite term. For the past 5 years Evgenova has been working for Metinvest. From September 15, 2017 till August 3, 2018 she…
DetailsIn January-July Mariupol Ilyich Iron and Steel Works increased rolled metal output by 6.3% YoY, to 1.668 million tons. According to the company statement, steel manufacture grew by 7.8%, to 1.897 million tons, and pig iron – by 18.7%, to 2.687 million tons. In July the works produced 237 thousand tons of rolled metal, 284…
DetailsIn the face of the launch of a competitive energy market in Ukraine, DTEK initiates the formation of a new innovation management function to search and implement pioneering technologies and digital solutions for clients. The company has invited Emanuele Volpe to fill the position of Chief Innovation Officer. Having graduated from the Polytechnic University of…
DetailsThe prices of precious metals in Azerbaijan decreased on August 7, according to the data published by the Central Bank. The price of gold decreased by 7.9815 manats, to 2058.0285 manats per ounce on August 7 compared to the price on August 6. The price of silver decreased by 0.1584 manats, to 26.101 manats per…
DetailsRussian aluminum giant UC RUSAL has started a temporary shutdown of electrolysis capacities of its Nadvoitsy Aluminum Smelter in the republic of Karelia due to the U.S. sanctions, a representative of the company reported. The smelter lost its sales markets and stable raw materials supplies due to the sanctions, while its products became non-demanded, as…
DetailsIzhstal has implemented an electronic system, which allows customers to check the authenticity of the quality certificates on their own. The information on certificates together with their scanned images is kept in the special database. The certificate is considered verified if there is a complete correspondence between the printed and electronic versions and there is…
DetailsIn January-June Tajikistan produced 46.7 thousand tons of aluminum valued at $99.5 million, down from 49.5 thousand tons last year. The output decrease in the past 6-7 years has to do with the drop of aluminum prices on world markets. Last year world markets were selling primary aluminum for $1892 per ton, now the price…
DetailsAccording to the agreement with the Karaganda region authorities, ArcelorMittal Temirtau will have invested 305 billion tenge in its manufacturing assets by 2020. This is the largest investment volume since 2010. The money will be invested in the output increase, product quality improvement, environment and labor conditions improvement, as well as sustainable development. In 2018…
DetailsAs the result of the coke oven battery No. 4 reconstruction Cherepovets Iron and Steel Works will decrease air pollution by 700 tons per year. The total cost of the investment contract is 6 billion rubles. In addition to decreasing pollution levels, the modernized battery will produce more coke – 460 thousand tons as opposed…
DetailsIn January-June the works previously known as Amurmetal and controlled by Torex-Khabarovsk LLC produced 264 thousand tons of rolled metal. The company is developing – it invests in modernization, prepares the manufacture of a new rebars standard and has concluded an agreement with Posco Daewoo on the supply of 300 thousand tons of billets. Since…
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