PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, has acquired from Gazprombank rights for loans and accrued interest of Metal-group LLC worth over 12 billion rubles as well as collateral for the loans. Metal-group LLC is the owner of the mining license for the central part of Yakovlevsky iron-ore…Details
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In January-June Kamensk-Uralsky Non-Ferrous Metals Processing Works produced 9.3 thousand tons of non-ferrous rolled metal as well as 1.4 thousand tons of powder, up by 14.2% YoY. The share of KUZOTsM in the Russian non-ferrous metals output increased by 3%, to 36%. The company has also increase sales by 15% YoY. In particular, rolled copper…Details
Sumy NPI (Ukraine) and ArcelorMittal Temirtau have signed an agreement on the delivery of liquid-packed ring pumps and their rotors. According to Sumy NPO chief sales manager Oleg Semesenko, the company will supply 2 VVN2-150m pumps and three rotors. The capacity of the machinery is 150 cubic meters per minute. The weight of each pump…Details
In January-June Kemerovo region enterprises increased coal output by 10% YoY, to 118.3 million tons, with exports up by 15%. The highest growth was demonstrated by SUEK-Kuzbass (by 1.8 million tons), Kiyzassky Open-Pit (by 1.7 million tons), Kuzbassrazrezugol (by 1.2 million tons), Raspadskaya Coal Company and Stroyservice (by 1.1 million tons each). Coal deliveries to…Details
Gaysky Mining and Processing Works has started constructing the new electronic scale complex to weigh products sent via automobiles from the copper and zinc concentrate warehouse of the processing factory. The estimated cost of the construction is 6.3 million rubles. The new complex will be put in operation in the second half of the year.…Details
Chelyabinsk Iron and Steel Works has smelted the first large billet weighing 50 tons. The new technology to produce super-sized billets of special steel grades will allow ChMK to enter a new market and sell locally, as well as export. There are not many companies in the world capable of producing such billets, as the…Details
Dneprovsky Iron and Steel Combine is finishing preparations to start operations. According to the company technical director Konstantin Nesvet, on July 21 it is planned to start loading the blast furnace No. 9. The converter shop started receiving water for cooling, and the section rolling shop prepares to put its heating furnace into operation. Raw…Details
Black Iron (Canada) intends to prepare a new feasibility study of the project to create the iron ore concentrate manufacture at the Shimanovskoye deposits in Dniepropetrovsk region. The company has attracted BBA Inc. to prepare the study. The document is expected to be complete at the end of the year. “The current exchange rate has…Details
The Panyutino Car Repairing Works, a subsidiary of Ukrzaliznytsia, has ordered the Kremenchuk Steel Works the delivery of side frames and bolsters valued at 79.32 million UAH. By the end of the year the company will have supplied 2 thousand side frames valued at 26.92 thousand UAH apiece and 1 thousand bolsters at 25.34 thousand…Details
In January-June Evraz Dneprovsky Iron and Steel Works produced 388 thousand tons of steel, down by 30.7% YoY. Rolled metal output dropped by 29%, to 323 thousand tons, including 197 thousand tons of semi-finished products, down by 25.1%. The company decreased pig iron output by 8.9%, to 489 thousand tons. According to Evraz, the output…Details
Bratsk Ferroalloy Works, LLC has started reconstructing the ferroalloy furnace No. 3. The repair will result in the 30% increase of output and a 10-13% decrease in energy consumption. Reconstruction will cost some 1 billion rubles. In addition to new equipment the company intends to assemble 530 tons of metal structures, use 640 cubic meters…Details
ChTPZ Group will supply some 400 tons of steel pipes and over 25 tons of offsets to the Georgian Gas Transportation Company. The batch will include large diameter welded pipes, as well as seamless hot- and cold-deformed pipes and 60 types of offsets. All the products will be supplied in July. The pipes will be…Details
Novgorodsky Iron and Steel Works is preparing for the scheduled repairs of its MAERZ furnace, the main copper-smelting machine of the enterprise. The furnace will be put out of operation in late July. The repair is expected to be carried out in 7 days. The work will be carried out by NMZ employees. The capacity…Details