Russian Ugol is increasing the output of high-quality power-generating coal. For this the company has started modernizing the processing factory at the Stepnoy pit in Khakassia. The project will increase the factory capacity by 1 million tons of coal per year. The factory was commissioned in 2011. Now it employs over 200 people. It processes…Details
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The Beloretsk Iron and Steel Works project to produce multi-strand steel ropes has been included in the list of priority investment projects of the Republic of Bashkortostan. This will let the company receive the additional state support as tax duties and other preferences. The project, being carried out since 2016, will allow the company to…Details
The Donelectrostal Electrometallurgical Works intends to start producing rebars in Q4 2018. And its own steel-smelting manufacture project will begin in 2019. The mini-mill will specialize in the manufacture of hot-rolled rebars. The project capacity of the first stage is 160 thousand tons a year, with the possible increase to 250 thousand tons. The company…Details
The Severstal-Metiz shaped sections shop has put into operation after a major overhaul its 2 thousand-tons press. Investments totaled 94.9 million rubles. The reconstruction has been carried out in 2 stages. In 2013 the electric part of the machine was modernized, decreasing energy consumption and dross creation. During the second stage in 2017 the hydraulic…Details
In January-October Belarus Iron and Steel Works received $969 million. According to the company statement, innovative products account for some 25% of the volume, with the major part of it produced at bars shop No. 2. In particular, the company is producing rods for world automobile manufacturers Daimler, Volkswagen, BMW, MAN, etc. (Ukrainian metal)Details
In January-October Mariupol Ilyich Iron and Steel Works produced 2.286 million tons of rolled metal, up by 9% YoY. According to the company statement, steel manufacture increased by 9.7%, to 2.548 million tons, and that of pig iron – by 5.6%, to 3.335 million tons. In October Mariupol Ilyich produced 244 thousand tons of rolled…Details
In Q3 Metinvest produced 1.276 million tons of coke, up by 11% YoY. The increase has to do with the growth of Avdiivka Coke and Chemical Works output by 155 thousand tons, which has compensated for the decrease at Azovstal and Zaporozhkoks by 19 and by 14 thousand tons respectively. In 9 months coke output…Details
In January-September Raspadskaya enterprises mined 8.559 million tons of coal, up by 17% YoY. According to the company statement, in Q3 coal output dropped by 15% YoY, to 2.602 million tons. Sales increased by 4%, to 1.739 million tons, mostly thanks to exports (by 6%), including due to the growth of delivery to Ukraine. (Ukrainian…Details
The Tominskiy Processing Plant (Chelyabinsk region) has launched the construction of the main building of a plant and other production and auxiliary facilities. When completed, the plant will comprise 17 permanent buildings and facilities. The Tominskiy Processing Plant has received all the necessary construction permits for the enrichment plant facilities and related infrastructure. Excavation work…Details
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, presented its new ten-year strategy to 2027 and an update on performance at its 5th annual Capital Markets Day in London. The new strategy will reinforce TMK’s position as a leading supplier to the global OCTG market, the…Details
In Q3 Metinvest produced 1.347 million tons of rolled metal, down by 4% QoQ. In particular, flat rolled metal output dropped by 72 thousand tons, to 1.12 million tons. Long rolled metal manufacture increased by 14 thousand tons, to 175 thousand tons. Rails production increased slightly to 8 thousand tons. In 9 months rolled metal…Details
In Q3 Metinvest produced 2.026 million tons of pig iron, on the level of July-September 2016. The drop of output at Azovstal (by 77 thousand tons) was compensated for by the increase at Mariupol Ilyich Iron and Steel Works (by 78 thousand tons). In particular, Azovstal produced 868 thousand tons of pig iron, down by…Details
In Q3 Metinvest produced 1.802 million tons of steel, down by 3% YoY. In January-September the group produced 5.725 million tons of steel, down by 10% YoY. In particular, Azovstal in Q3 decreased steel output by 8% QoQ, to 1 million tons, while Mariupol Ilyich Iron and Steel Works was able to increase output by…Details