In July-September Orel Steel-Rolling Works shipped over 6.4 thousand tons of fasteners to customers. This is a total hit for the company. In the past 10 years OSPAZ only once exceeded the 6 thousand tons milestone – in Q3 2015 it supplied 6075 tons of fasteners. But this year the company has overcome its own…
DetailsIn January-September Izhstal increased metal deliveries to Kalashnikov concern 2.6-fold YoY. Izhstal supplies hot-rolled metal of stainless, high-speed, tool and bearing steels, as well as cold-rolled belts and sections. In 9 months Izhstal supplied 1.8 thousand tons of metal to Kalashnikov concern.
DetailsKarelsky Okatysh project on the replacement of magnetic separators is drawing to an end. The new machines consume almost 2 times less water and electricity. “After replacement instead of five pairs of separators with the combined electricity consumption of 40 kW, we will have only two new ones that consume 15 kW. The new machines…
DetailsIn September Ukraine mined 1.9 million tons of coal, down by 25.4% YoY and by 3.2% MoM According to the State Statistics Service, in 9 months coal output totaled 18.3 million tons, down by 15.2% YoY. Crimea, Sevastopol and the ATO zone are not taken into account. (Ukrainian metal)
Details64 miners from the once powerful and successful Mine named after Zasyadko in Donetsk have been given packets of food as a bonus for joining the Donetsk Republic movement. “The mine is in a difficult situation now. But the employees in such a complex time were not afraid to support the Donetsk People’s Republic (a…
DetailsThe deputy minister on temporarily occupied territories and internally displaced people Gerogy Tuka said, that 18 mines in the occupied Donetsk region were flooded. “18 mines have already been flooded, 12 more are being flooded. All of them mined anthracite coal. It is impossible to restore their operation, as it will be necessary to invest…
DetailsAndrei Bibik has been appointed the new Interpipe purchasing and logistics director. He has been working for the company since 2003. Before the appointment has was the director for pipe sales in Ukraine and the Customs Union countries. “Purchasing and logistics are some of our key spheres of operation. Our goal is to strengthen these…
DetailsThe state enterprise Selidovugol has ordered the Trade-Union Form LLC the delivery of combines valued at 24.6 million UAH. The company will supply 2 KSP-32 combines for the Kotlyarevskaya and Kukharevskaya mines. The cost of each machine is 12.3 million UAH. (Ukrainian metal)
DetailsIn September Ukraine dropped to the 13th position in the World Steel Association rating of 67 countries. Ukrainian steel output totaled 1.845 million tons, down by 0.8% YoY. China is leading, as always, with 71.827 million tons, up by 5.3%. Italy now occupies Ukraine’s previous month position (11) with 2.174 million tons, up by 8.3%…
DetailsIn September Russian Railroads transported 7.6 million tons of ferrous metals, up by 15.7% YoY. Positive dynamics is seen in all directions, except for transit. Since the start of the year ferrous metals railroad transportation has increased by 5.6% YoY. (Ukrainian metal)
DetailsOn October 23 Vysochaishiy (GV Gold) commissioned the Ugakhan Mining and Processing Works according to the schedule. The Ugakhan gold deposits were discovered in 2010. The C1+C2 gold reserves are estimated at 49 tons (1.58 million ounces). The deposits will be developed till 2029. Investments in the project totaled $200 million. Each year the GOK…
DetailsFitch has increased the Rusal long-term default rating from BB- to B+, with stable forecast. The short-term rating has been confirmed on B level. Rusal Bratsk long-term rating has been increased from BB- to B+ stable. (Ukrainian metal)
DetailsIn 10 years Tulachermet will invest some 80 billion rubles in the creation of the steel manufacture. This will result in 3 thousand additional jobs. The investor is developing the Tulachermet-Steel-2 and Tulachermet-Steel-3 projects. The company intends to enter the list of top manufacturers of rolled metal for automobile, machine-building and construction companies of Central…
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