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Russia: Mechel rents 10 BelAZs

Mechel has rented 10 BelAZ dump trucks within the agreement with the State Transport Leasing Company. According to Mechel statement, the total cost of the agreements is 900 million rubles ($14.5 million). The new machinery with the lifting capacity of 90 tons has already been transported to Korshunovsky Mining and Processing Works. 6 dump trucks…

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Russia: MMK output up in Q1 2018

In January-March MMK produced 3.147 million tons of steel, up by 2.7% YoY, but down by 4.4% QoQ. Pig iron output grew by 1.3% YoY, but dropped by 9.4% QoQ, to 2.404 million tons. Metal sales increased by 1.6% QoQ, to 2.83 million tons. Coal concentrate manufacture at MMK-Ugol reached 666 thousand tons, down by…

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Russia: MMK Trading House welcomes members of the Russian Union of Metal and Steel Suppliers to its warehouse complex in Ufa

Representatives from MMK took part in the round table on “The Market of Metals and Metal Structures in the Volga and Southern Urals”. About 70 managers and specialists in metallurgy, metal trading, steel service centers (SSCs), and manufacturers of metal products and structures were invited to the two-day event organized by the Russian Union of…

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