Russia: KraMZ puts new aluminum processing technique to good use

In December Krasnoyarsk Iron and Steel Works has implemented an innovative technique of aluminum processing Bonderite-2040, developed by Henkel. So far, KraMZ is the first and only plant in Russia to use this technique. The new technique is more environment-friendly: water consumption has decreased by 70% and the water purification has improved. (Ukrainian metal)

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Russia: steel continues growing in price

Russian steel manufacturers have started increasing prices for local customers because of the ongoing growth of export prices. Thus, NLMK has increased its January 2018 prices for hot- and cold-rolled metal by 10%, and Severstal – by 4%. Steel started getting expensive in December. In just one week (December 15-22) average local prices have grown…

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Russia: PNTZ gets 10-year bank guarantee

Chelyabinsk Pipe Works has become a guarantor on the bank guarantee granted to Pervouralsk Pipe Works. The guarantee was granted by Bank Uralsib. The agreement was concluded on December 22. According to the document, the guarantor will be responsible to the bank together with the borrower. The volume of the guarantee is 1.58 billion rubles.…

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Russia: Gaysky GOK gets 70 mining machines in 2017

In January-November Gaysky Mining and Processing Works received over 70 units of mining machinery of foreign make: Atlas Copco, Sandvik, Komatsu, BelAZ, Caterpillar, Normet, KGHM Zanam, etc. The company has also received 15 units of Russian machines, produced in particular, by Machine-Building Holding (Yekaterinburg), Khenkon (Krasnoyarsk), Miner (Smolensk region), Kamaz (Naberezhnye Chelny), etc. Most of…

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Russia: Mordashov visits the Yakovlevsky mine

Alexey Mordashov, the Chairman of the Board of Directors of PAO “Severstal”, and the company’s management team visited production departments of the Yakovlevsky mine, and approved of next year’s business plan, while meeting employees of the plant. The chairman and managers visited the central control room where the production management is located, as well as…

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