The board of directors of RusHydro may discuss participation in projects of aluminum giant UC RUSAL in August, RusHydro CEO Nikolai Shulginov reported on August 3. “So far no decision has been made. We will submit it to the next meeting of the board in autumn. So far we’ve only held a meeting of the…Details
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Cargo throughput at St. Petersburg based Neva-Metal container / general cargo terminal in January-July edged up by 1% YoY, to nearly 1,8 million tons, the stevedoring company reported. In the seven-month period container traffic at the terminal totaled nearly 55,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of…Details
Russia’s Federal Antimonopoly Service will toughen control over coal producers’ registration of over-the-counter sales of steam coal, the service said in a statement on August 2. The service said citing Deputy Head Anatoly Golomolzin that the failure of companies to duly register the deals prevented the market from forming a liquid price index for steam…Details
According to the chairman of the Lugansk regional military-civilian administration Yuri Garbuz, the Lisichanskugol monthly salary fund has been paid to the miners. “The Ministry of energy and coal industry is keeping its promise – the salary has been paid”, he said. The chairman of the Independent Miners Union of Ukraine Mikhail Volynets hopes that…Details
Mariupol Ilyich Iron and Steel Works has started the next stage of the large investment project – the assembly of the roof metal structures of the fourth continuous casting machine building. “1.5 thousand tons of metal structures have been assembled so far”, the manager of the project Vladimir Kozlovsky reported. Foundation is also laid for…Details
On August 5 Dneprovsky Iron and Steel Combine intends to put its blast furnace No. 12 into operation. DMK has already started operating 2 of its blast furnaces having put into operation BF9. In July the works operated BF1M in its blast furnace shop. 3 sintering machines are working at the sinter shop No. 2.…Details
In January-June direct deliveries of ferrous metals to Russian sea and river ports via railroad totaled 10.8 million tons. That’s 1.9% higher YoY and the highest result for the past 9 years. Novorossiysk Sea Trade Port received 4.4 million tons, down by 10.8% YoY. Port Nakhodka – 1.81 million tons, up by 16%, St. Petersburg…Details
The ChTPZ Group has started modernizing its oil pipe manufacture. Investments total 200 million rubles. The machinery modernization will allow the group to double its OCTG output with premium joints. The program will have been carried out by the end of Q1 2018. “This investment project will allow ChTPZ to improve quality and increase output.…Details
Norilsk Nickel has reevaluated the reserves of the Bystrinskoye deposits in the Zabaikalye region. According to a company representative, combined ore and metal reserves increased by 10-25%. After the reevaluation copper reserves have increased by 11%, to 2.3 million tons, gold by 25%, to 9.5 million ounces. (Ukrainian metal)Details
Chelyabinsk Iron and Steel Works has produced 500 thousand tons of rails since its rail-beam mill has started operating. Most of the rails – some 90% – were sent to the Russian Railways. In 2016 the Railways received 270 thousand tons of rails, this year it is planned to supply 330 thousand tons. ChMK rails…Details
The president of Ukraine Petr Poroshenko has signed the decree No. 6382 to prolong for a year the export duty on ferrous scrap in the amount of 30 euro per ton, earlier adopted by the Verkhovnaya Rada. According to the VR committee on industrial policy chairman Victor Galasyuk, thus an additional margin of safety was…Details
Employees of the iron ore mine “Artem-1”, a part of the ArcelorMittal Kriviy Rih mine group, demand the increase of their wages to 1 thousand euro. According to the local mass media, several dozens of miners attended the meeting demanding the salary increase from the company management. They also want their medical expense to increase.…Details
Volnogorsk Mining and Metallurgical Combine has ordered the Imex Minerals LLC services on its territory and on the East site of Malyshev deposits valued at 42.86 million UAH. The auxiliary machines services will cost 30.58 million UAH this year. 12.29 million UAH will be spent on removing a layer of soil (350 thousand cubic meters)…Details