Ukraine: Interpipe invests $250 million in pipe-wheel manufacture

Lately Interpipe has invested some $250 million in its pipe-wheel manufacture. “We have invested almost $100 million in the manufacture of railroad products and around $150 million in pipes”, Interpipe corporate issues director Dmitry Kisilevsky declared. Earlier it was reported that Interpipe commissioned additional capacities on wheel treatment. Investment totaled $8 million. The new capacities…

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Russia: Kuzbass Fuel Company to raise coal output in 2018

Kuzbass Fuel Company plans to raise its coal output by almost 21%, to 15.9 million tons in 2018, the company said on March 15.

The company plans to invest 3 billion rubles in development of production this year, including 1.4 billion rubles in the purchase of mining and transport equipment. (Prime/Ukrainian metal)

Russia: BMK commissions new environment-friendly machinery

Beloretsk Iron and Steel Works has put into operation new machinery in the high-strength wire shop. The modernization allowed the company to stop using acid in wire manufacture, decrease industrial wastewater volume 8-fold and considerably increase its purification. BMK began the project in 2015. Investments totaled 200 million rubles. Two new industrial lines made by…

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Russia: coal and ferrous metals port throughput up in January-February 2018

In January-February the throughput of Russian seaports grew by 4.4% YoY, to 121.7 million tons.

According to the Association of sea trade ports, in particular, the throughput of coal increased to 22.4 million tons, or by 7.5%, while that of ferrous metals – by 14.3%, to 5.1 million tons. (Ukrainian metal)

Belarus: gold mining in Sudan considered

Belarus and Sudan are considering gold mining in the African country, Head of the Belarus President Property Management Directorate Viktor Sheiman said.

“We are considering gold mining in Sudan, supplying our machinery, and setting up joint companies, including agricultural ones,” Viktor Sheiman noted. (BelTA/Ukrainian metal)