Russia: Raspadskaya net profit up in H1 2018

In January-June one of the largest coking coal producers in Russia – Raspadskaya – increased revenue by 23% YoY, to $542 million.

Net profit grew by 34%, to $225 million, with EBITDA up from $235 million to $303 million.

At the same time coal output decreased by 9%, to 5.4 million tons. (Ukrainian metal)

Ukraine: Zaporizhstal buys school kits

Zaporizhstal together with Zaporozhogneupor, Zaporozhkoks and Zaporozhye Casting-Mechanical Works under the annual program “First time to school” handed stationary kits to 5500 pupils, the children of their employees. Altogether the stationary kits cost 3.1 million UAH. The children who went to school for the first time received their first school bags with stationary kits. Children…

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Russia: SUMZ revenue up in H1 2018

In January-June Sredneuralsky Copper Smelting Works reports increase in revenue.

In particular, its amount has grown almost 2-fold YoY, from 9.19 billion rubles to 16.71 billion rubles.

Gross profit totaled 2.73 billion rubles. (Ukrainian metal)

Russia: ITZ supplies 108 thousand tons of pipes to Kharampurskoye deposits

Izhorsky Pipe Works has finished supplying over 100 thousand tons of large diameter pipes for the construction of the Kharampurskoye oil and gas condensate deposits in Yamalo-Nenets Autonomous District. According to the contract, the company started supplying pipes in Q2 2017, having successfully completed the delivery in summer 2018. ITZ produced LDP with the diameter…

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Russia: ChelZinc produces trial batch of indium alloy wire

Chelyabinsk Zinc Works produced a trial batch of wire made of indium alloys.

The wire consists of 52% of indium and of 48% of tin.

At present the company is studying the market.

Trial samples of wire have been sent to prospective customers. (Ukrainian metal)

Russia: steel furnace vault destroyed at Bezhitskaya Stal

On August 30 the vault of the arc furnace at Bezhitskaya Stal was partially destroyed.

5 people were injured in the accident.

The company is operating in the normal mode, no manufacturing process has been suspended.

According to the preliminary inspection, it will not take long to resume the operation of the furnace. (Ukrainian metal)

Ukraine: 4236 children spend time in summer camps of ArcelorMittal Kriviy Rih

The last fourth rest period in summer camps Parus and Burevesnik is over. A total of 2231 children had rest in Parus during summer, and 2005 children in Burevesnik. Summer camps were working based on four rest periods during 2018 season. Duration of every rest period comprised 18 days. This year teaching staff of Parus…

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