Magnitogorsk Iron and Steel Works (MMK) has been one of the winners at the Russian Business Leaders: Dynamics and Responsibility competition, which is held every year by the Russian Union of Industrialists and Entrepreneurs (RSPP). The company secured a victory in the category “Development of Human Resources”. The awards ceremony took place in Moscow on…Details
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The prices of enterprises manufacturing industrial products, as well as providing production services, increased by 1.4% in Kazakhstan in January 2018 compared to December 2017, the Statistics Committee of the National Economy Ministry of Kazakhstan said in a message. During the reporting period, prices for coal went up by 6%, and metal ore – by…Details
In 2018 Beringpromugol LLC intends to mine 600 thousand tons of coal at the Fandyushkinskoye field, up 2.4-fold YoY (250 thousand tons). Last year 165 thousand tons of coal were exported to Japan, Taiwan and China. By June the company plans to have completed all the construction works at the Beringovsky port. From 2019 the…Details
In January Ukraine decreased pig iron exports by 3.1% YoY, to 233.616 thousand tons, valued at $76.041 million, up by 11.1%. According to the State Fiscal Service, Ukraine mostly exported to USA (54.51%), Italy (16.47%) and Turkey (14.57%). Last month Ukraine imported 50 thousand tons of pig iron valued at $35 thousand as opposed to…Details
Energomashspetsstal has shipped another batch of machinery to ISD Dunaferr under the contract signed in 2017. According to EMSS, 2 slag ladles with the volume of 11 cubic meters and 2 supporting rolls weighing 26.8 tons each have been shipped to the customer. The total weight of the batch is 86.3 tons. In January the…Details
Avdiivka Coke and Chemical Works has received a new tar separator. The machine removes resinous substances from the water that cools coking gas. At the moment the company is laying the foundation for the machine and purchasing metal structures. The commissioning of the tar separator is scheduled for summer. (Ukrainian metal)Details
In early February the sulfur acid shop of Electrozinc commissioned a new jet blower. The equipment valued at almost 500 thousand euro was put into operation by the supplier – Piller (Germany). The new machinery, assembled in September 2017, replaced the outdated equipment produced back in 1981. The jet blower will save the company some…Details
RM-Steel LLC has won a tender to supply bulb plates for the construction of the Voyevoda Project 23700 ship. The company started supplying the metal in January. The vessel will be able to carry 4 boats and 2 helicopters. (Ukrainian metal)Details
In 2017 the mining group of Olkon was able to meet its ore-mining target. “We were able to decrease the lag from the first half of the year on rock transportation from 600 thousand cubic meters to 200 thousand. Safety target was not reached. We will work on it this year”, the company director Alexander…Details
The Antimonopoly Committee of Ukraine has approved of the creation of the Interpipe and Vallourec (France) joint venture. The committee has also granted Vallourec a right to acquire some assets of Interpipe Limited to allow it selling and promoting seamless pipes in EU. In November 2017 the Antimonopoly Service of Germany allowed Interpipe to create…Details
In January Belarus Iron and Steel Works decreased imports of ferrous metal scrap from Russia by 26.6% MoM and by 0.3% YoY, to 80.4 thousand tons. In 2017 BMZ increased scrap imports from Russia by 11.2% YoY, to 1.358 million tons, having almost repeated the results of the year 2015. Last year the company increased…Details
Almost 100,000 people have used the service center in 2.5 years since its creation. Social service provided by PJSC ArcelorMittal Kriviy Rih is used by both current employees and the retired workers. The principle of a “single window” enables shortening formal procedures and makes certificates and documents flow automated. Annually, more than 20 thousand of…Details
Militants decided to supply coal, mined on the territory of the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia, to Turkey. “According to the representatives of the self-proclaimed Republic of Abkhasia, who visited Lugansk on January 29, businesses from Abkhasia and Turkey concluded agreements on the delivery of coal mined in…Details