The Volgograd-based Spetsmetall-Volga has filed a claim to the Arbitrary Court of the Volgograd district asking to declare the Volgograd machine-building company VgTZ LLC insolvent. Because of the large debt the company, which is a part of the Tractor Works concern, could be declared bankrupt by the court. The debt amounts to 1 million rubles.…Details
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A new shift of 39 drillers has arrived at Dixon. They will be responsible for the second stage of prospecting at the Reka Lemberova site. The site is close to another site, where in 2016 the Malolemberovskoye deposit was discovered. In 2017 VostokUgol obtained a license for coalmining there. (Ukrainian metal)Details
Dalnevostochnie Resursy (Far East Resources), extracting gold on the territory of Ulchinsk and Nikolayevsk districts of Khabarovsk territory, has begun preparations to the washing season. The season will start on April 25 – May 9, depending on the weather conditions. In 2016 the company obtained 1140 kg of gold, and last year – 1100 kg.…Details
A Group is expanding the territory of its activities and is opening a subsidiary in the city of Bryansk. The goal of the subsidiary will be to stock and supply pipes and rolled metal of the major Russian manufactures to the customers in the Bryansk and nearby regions. The size of the warehouse allows stocking…Details
The electricity supplier Chitaenergosbyt has cut the manufacturing premises of Ulan-Udestalmost from electric grid because of the debt in the amount of 41 million rubles. Only the boiler house of the enterprise receives the electricity, as it provides the nearby city districts with heating. This year the company intends to produce some 9.8 thousand tons…Details
Izhorsky Pipe Works has won a competition to supply large diameter pipes to Gazprom with the total volume of 165 thousand tons. The pipes will be used to develop gas transportation pipeline in the Northwestern region. Under the contract the company will produce 1420 mm diameter pipes of K60 steel with the wall thickness of…Details
The state enterprise Vostochniy Mining and Processing Works has ordered Leader-Agro KR LLC the delivery of scrap valued at 1.96 million UAH. This year the company will have to deliver 191 tons of manganese scrap at 10275 UAH per ton to the city of Zheltie Vody. The scrap will be paid for within 2 months…Details
Police has started investigating the accident resulting in the death of an ArcelorMittal Kriviy Rih employee. On March 3 the roof of the converter shop under repair collapsed, killing one person. On March 4 the body was found. The person killed was born in 1992. (Ukrainian metal)Details
In 2017 Susumanzoloto received 1.816 billion rubles of net profits, down by 28.4% YoY. Revenue grew by 29.9%, to 12.925 billion rubles. Sales profit dropped by 15%, to 2.474 billion rubles. Last year the company sold 5415 kg of gold, up by 47.1% YoY. As of December 2017 Susumanzoloto had 49 licenses. Its estimated C1…Details
Chelyabinsk Iron and Steel Works has produced rolled metal for the construction of the petrochemical complex ZapSibneftekhim in the city of Tobolsk. The company has supplied a batch of beams and steel sheet to the construction site. Beams and sheets were manufacture of 09G2S steel. Products of this steel grade could withstand the temperature range…Details
In 2017 Uralelectromed produced 378.4 thousand tons of copper cathodes, up by 10.3% YoY. Silver ingots manufacture grew by 17.4%, tellurium – by 10% and blue stone – by 49.5%. At present the company is busy constructing the second stage of the copper electrolysis shop. The capacity will increase to 400 thousand tons. Last year…Details
In 2018 Energomashspetsstal will produce and supply 1408 tons of various machinery for the construction of the Akkuyu nuclear power plant in Turkey to be commissioned in 2023. According to the company statement, 22 billets of the main pump and pipeline have already been tested, checked and submitted to the customer. “At present the company…Details
In 2018 Severstal will provide KAMAZ with at least 60 thousand tons of metal. According to the group statement, it supplies cold- and hot-rolled sheets to the largest truck producer in Russia, Last year Severstal sold 58 thousand tons of metal to KAMAZ. (Ukrainian metal)Details