Interpipe decided to change the business management model. From now on the company is divided into steel, pipe and railroad divisions. Steel products division includes Interpipe Steel, Interpipe Vtormet, the Lime Factory, as well as subdivisions of scrap purchase and steel billet sales. Andrei Korotkov, Interpipe Steel commercial director, has been appointed CEO of the…Details
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The arbitrary court of the Sverdlovsk region will decide on announcing the Alapayevsk Iron and Steel Works insolvent. A respective claim was submitted on January 22 by an individual claiming 1.191 billion rubles from the company. Alapayevsk Iron and Steel Works has been operating since the 18th century and specializes in the manufacture of blast…Details
The Russian government has issued a permit for Magadanskoye Geologorazvedochnoye Predpriyatiye, a subsidiary of gold producer Polyus, to explore and develop vein gold at the Degdekanskoye ore field in the Magadan region, the government said in a ruling published on January 23. The reserves of the ore field, located close to Polyus’ Natalka gold field,…Details
Severniy Mining and Processing Works has received 2 excavators. The first 12-cubic meter machine is operating at the Annovsky quarry. The second is being assembled for the Pervomaysky quarry. Unlike their predecessors the new excavators have a larger ladle (12 cubic meters instead of 10). The cost of the new machines is 230 million UAH.…Details
The United States International Trade Commission, USITC, has decided to review the antidumping measures on silicomanganese supplies from Ukraine and China, as they have expired. The decision was taken on January 5. Nikopol and Zaporozhye Ferroalloys Plants (NZF and ZZF) take part in the revision, as well as the Ukrainian Association of Ferroalloys Producers. US…Details
In 2017 Uralcable processed 6.8 thousand tons of copper, up by 15% YoY. Aluminum processing increased by 30%, to 1.4 thousand tons. Uralelectromed is the main supplier of copper wire rod to Uralcable. “The use of high quality raw materials is our main advantage, and our customers know that. We alone in Russia can control…Details
In 2017 Olenegorsk Mining and Processing Works reached the record level of iron ore concentrate quality. Last year Fe contents were 67.2%. In 2016 Fe contents were 66.4%, and in 2015 – 65.8%. The growth is the result of large-scale modernization of machinery at Olkon crushing factory. “In 2017 Olenegorsk GOK not only provided the…Details
TMK will supply Rosneft with 8 thousand tons of compressor-pump pipes with 13% Cr contents and the premium TMK UP PF joints. According to the company statement, the pipes have to be delivered to Rosneft enterprises – RN-Vankor, RN-Stavropolneftegaz and Rospan International. The pipes will be produced at Sinarsky Pipe Works. The batches will be…Details
Elgaugol, a part of Mechel, in 2017 mined 4.2 million tons of coal, up by 12% YoY. “We were able to increase output mostly thanks to the new machinery and the program of capital repairs. In 2018 we plan to increase output to 5.3 million tons. For this we will purchase new machines”, Mechel-Mining mining…Details
A delegation of specialists from Magnitogorsk Iron and Steel Works (MMK) headed by the company’s CEO Pavel Shilyaev made a working visit to the Lysva Iron and Steel Works in the Perm region. During the visit Pavel Shilyaev met with the governor of the Perm region Maxim Reshetnikov. He presented to the head of the…Details
Magnitogorsk Iron and Steel Works (MMK) achieved the first place among Russian producers of galvanized and coated rolled metal following research carried out by the industry’s authoritative publication Metal Supply and Sales. The ranking of leading producers and suppliers of ferrous and non-ferrous metal products is compiled by the magazine regularly. In the latest issue…Details
In 2018 gold-extracting companies of Yakutia intend to get 24.5 tons of gold, up by 2.1% YoY. In 2017 output grew by 1.5% YoY because of the commissioning of the gold-extracting factory at Ryabinoviy Mining and Processing Works (Seligdar) and Drazhniy GOK (Taryn Gold-Ore Company), as well as the start of Neryungri-Metallic LLC operations at…Details