ArcelorMittal Kriviy Rih began to apply domestic and foreign analogues instead of Russian components for the capital repairs of locomotives, thus minimizing the impact of Russian Federation’s sanctions regarding prohibition on delivery of locomotives’ spare parts and engines to Ukraine. After the events of 2014-2015, military and technical cooperation between the countries was frozen. Dual-use…
DetailsA new Sandvik electrohydraulic well boring machine has been put into operation at the Chebachye mine, the main resource base of Aleksandrinskaya Mining and Ore Company. Some 257 meters are drilled on average per month at the mine. Mining is carried out at the depth of 300 to 4200 meters. The mine was commissioned in…
DetailsIn December 2019 RZD transported 106.7 million tons of cargo, down by 2% YoY. In 2019 transportation dropped by 0.9%, to 1.278 billion tons. In particular, RZD transported 120.2 million tons of iron and manganese ore, up by 3% YoY. At the same time, ferrous metals transportation dropped by 5.6%, to 73.8 million tons, and…
DetailsOMZ-Spetsstal will produce and supply pipe billets for the manufacture of corrosion-resistant casing pipes to TMK. The corresponding contract was concluded in November 2019. In Q1 OMZ-Spetsstal will ship the first 1280 tons of billets made of 15X13H2 steel. The companies have already cooperated before. Since 2018 OMZ-Spetsstal has shipped some 1600 tons of pipes…
DetailsOn January 8 the price of ordinary shares of Mechel increased by 30.8%, to 99.8 rubles. Premium shares became 28.85% more expensive – 114.8 rubles. The highest price of the ordinary shares was 104 rubles, up by 64% from the final trades of 2019, and of premium shares – 123.6 rubles, up by 38.7%. (Ukrainian…
DetailsOmZM-Metal has finished supplying metal structures for the construction of the Sambursky licensed site of the Urengoy oil and gas condensate deposit in Yamalo-Nenets Autonomous District. The license belongs to Arcticgaz, a joint venture of Novatek and Gazprom neft. According to the agreement, OmZM-Metal supplied over 1.5 thousand tons of metal structures with corrosion-resistant coating.…
DetailsOver 4.5 thousand tons of Evraz rolled metal has been shipped to the construction site of the Baikal ice arena in Irkutsk. High-strength steel was used in the main structure elements. In particular, Evraz NTMK hot-rolled flanged beams were used, as well as Evraz ZSMK A500C rebars with the diameter of 10-25 mm. (Ukrainian metal)
DetailsIn late 2019 Energomashspetsstal concluded an agreement with a new partner – ArcelorMittal Dofasco, Canada. EMSS will produce four supporting rolls for cold- and hot-rolling mills. The combined weight of the rolls is 150 tons. The rolls have to be delivered in Q4. (Ukrainian metal)
DetailsIn 2019 Ukraine increased metal transportation along the Dnepr River by 32.9% YoY, to 1.7 million tons. According to the River Information Service, overall transportation increased by 19%, to 11.8 million tons. In particular, Zaporizhstal increased transportation via the Zaporozhye River Port by 36%, to 905 thousand tons. (Ukrainian metal)
DetailsAccording to the decree of the president on the further expansion of cooperation with Japan, the Navoi Mining and Metallurgical Works in 2023-2030 will supply uranium valued at over $1.14 billion to Japan. The company is the only manufacturer of uranium in Uzbekistan. Its exports amount to 90%. The main customers are Japan, USA, India,…
DetailsThe gold-extracting company Buryatzoloto has finished the procedure of increasing the statutory capital of its daughter enterprise Zun-Kholba LLC. The capital was increased from 10 thousand to 277.637 million rubles. Previously the company intended to increase the capital to 935.2 million rubles. Buryatzoloto is the only owner of Zun-Kholba LLC. (Ukrainian metal)
DetailsThe Department of the internal market protection of the Eurasian Economic Commission has stopped the special protective investigation into the import of corrosion-resistant steel welded pipes. The investigation, initiated in early March 2019, was stopped due to the revocation of the claim. At the same time, the EEC started an antidumping investigation of the imports…
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