Cherepovets Iron and Steel Works, one of the world’s largest integrated steel plants (a part of Severstal’s Russian Steel division), has launched the commercial operation of a digital predictive model to prevent failures at the hot rolling mill 2000 and thereby reduce its downtime. This model calculates the probability and risk of the pinion stand…Details
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The Evraz Sukhaya Balka shareholders meeting scheduled for October 11 did not take place. According to the company statement, the meeting was postponed till November. This meeting had to rename the company and make amendments to its charter documents. (Ukrainian metal)Details
Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, says it has exported 19 million tons of coal this year. The milestone ton was loaded on October 12 onto the Post-Panamax bulk carrier, Spring Wealth, the 266th vessel handled from the…Details
In January-September the Lugansk Region State Fiscal Service transferred 651.6 million UAH to the state budget, with special fund receiving 451.5 thousand UAH. The largest imports were registered in anthracite coal (203.3 million UAH, 31.4% of the total imports) and coking coal (195.6 million UAH, 30.2%). Among metal companies Alchevsk Iron and Steel Works demonstrated…Details
ArcelorMittal Kriviy Rih is continuing the relocation of people form the zone of the possible move of the surface in the Saksagansky district of the Kriviy Rih city and is prepared to purchase every house on the Lavrenin and Chistopolskaya Streets (the so called Zhukovka settlement) at 425 thousand UAH provided the purchase agreement is…Details
Azovstal Iron and Steel Works has started the pulverized coal injection process at its blast furnace No. 2. “PCI at BF No. 4 was started according to schedule in November 2016. Construction works at BF No. 2 began in December 2016, and now the PCI process has started”, the company said. The next furnace to…Details
In January-June Russia produced 12.882 tons of platinum, down by 0.92% YoY, and 45.251 tons of palladium, up by 6.9% YoY. According to the Russian Union of Gold Miners, this year total output of platinum and palladium could reach 25.7-28.1 tons and 85.98-89.16 tons respectively. By-product palladium output increased by 10.7% YoY, to 43.827 tons,…Details
In 2018 the Komi Republic intends to mine 4.5 million tons of bauxite ore, up 1.4-fold YoY. “Modernization of the Sredne-Timanskiy mine and the switch to the neighboring Verkhne-Schugorskoye deposits will allow us to increase output to 4.5-4.7 million tons and keep it on this level for some 30 years”, the deputy chairman of the…Details
In January-September Magadan region obtained 25.6 tons of gold, up by 15.3% YoY, or by 3.4 tons. Silver output totaled 577 tons. Major gold-mining companies increase capacities, and at the same time alluvial gold output is kept on the same level. This year the region has to obtain 30-31 tons of gold. In 2016 Magadan…Details
Mechel-Materials has started producing refractories of higher strength. These products are used for lining of heating units at metal and machine-building works. The Mechel-Materials bricks are made of high-aluminous raw materials, thus having the higher content of aluminum oxide, which provides for higher heat-resistance and lower thermal conduction. The first batches of new products have…Details
The second batch of power-generating coal from the USA arrived at the Yuzhniy port. According to the port press-service, 60 thousand tons of coal for Centerenergo was brought by the Victoria. The first batch of anthracite arrived on September 13 on board the Ocean Ambitious. In less than 2 days the port unloaded some 62…Details
In January-September Ukraine exported 10.732 million tons of metal, down by 20.9% YoY. In particular, semi-finished products exports dropped by 29.4%, to 4.241 million tons, long rolled metal – by 27.4%, to 2.653 million tons, and flat rolled metal – by 1.5%, to 3.838 million tons. At the same time semis share in the total…Details
Another Forbes rating has shown the 200 largest private companies in Russia. Of them 23 operate on the metal market. They are Nornickel (8), Rusal (10), Evraz (11), NLMK (12), Severstal (15), MMK (16), UMMC-Holding (17), Metalloinvest (24), TMK (31), Polyus (40), OMK (53), ChTPZ (57), Polymetal International (73), VSMPO-Avisma (90), Russian Copper Company (111),…Details