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Russia: OSPAZ fasteners output up in Q3 2017

Orel Steel WorksBy admin25.10.2017Leave a comment

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…

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Russia: Izhstal increases supplies to Kalashnikov concern

IzhstalBy admin25.10.2017Leave a comment

In 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.

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Russia: Karelsky Okatysh finishes magnetic separator replacement

Karelsky OkatyshBy admin25.10.2017Leave a comment

Karelsky 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…

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Ukraine: coal output down in September 2017

coalBy admin25.10.2017Leave a comment

In 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)

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Ukraine: Zasyadko miners given food as bonus

Mine named after ZasyadkoBy admin25.10.2017Leave a comment

64 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…

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Ukraine: 30 anthracite mines in occupied Donbass beyond repair

coalBy admin25.10.2017Leave a comment

The 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…

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Ukraine: Interpipe appoints logistics director

InterpipeBy admin25.10.2017Leave a comment

Andrei 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…

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Ukraine: Selidovugol orders 25 million UAH worth of combines

SelidovugolBy admin25.10.2017Leave a comment

The 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)

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Ukraine down in Worldsteel rating

Ukrainian steel outputBy admin24.10.2017Leave a comment

In 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%…

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Russia: ferrous metals railroad transportation up in September 2017

ferrous metalsBy admin24.10.2017Leave a comment

In 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)

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Russia: Vysochaishiy commissions Ugakhan

VysochaishiyBy admin24.10.2017Leave a comment

On 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…

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Russia: Rusal ratings up

RusalBy admin24.10.2017Leave a comment

Fitch 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)

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Russia: steel manufacture to cost Tulachermet 80 billion rubles

TulachermetBy admin24.10.2017Leave a comment

In 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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