ArcelorMittal Kriviy Rih miners, who wanted to go on strike on July 26, demanding the increase of salary, postponed it till August 2. But the company management again says the event will be illegal. On July 26 the miners had a meeting instead of strike. “The AMKR administration welcomes the decision of the employees to…Details
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The authorities of the Republic of Mordovia are interested in developing Saranskcable. According to the acting chairman of the republic Vladimir Volkov, in 3 years the modernization project received 630 million rubles, and in H1 2017 – 106 million rubles more. In particular soon the works will start manufacturing metal. Most of the equipment has…Details
The Prime Minister of Kazakhstan Bakytzhan Sagintayev criticized the ArcelorMittal Temirtau CEO Paramjit Kahlon. In particular, the prime minister said that it was hard for the local business to start supplying to the works, and it was difficult to buy AMT products. For local customers rolled metal at the Temirtau warehouse is $30 per ton…Details
Zakamensk, mining for tungsten in the Republic of Buryatia, is working on creating a tungsten manufacture at the Jidinsky Tungsten-Molybdenum Works. To produce tungsten the company will use ammonium paratungstate, obtained from the concentrate, as raw materials. At first the company will produce trial batches, and in 5 years it is intended to start full-scale…Details
In June railroad transported 5.4 million tons of ferrous metals, down by 5.3% YoY, and 35.2 million tons in 6 months, down by 1%. Inner transportation in June increased by 7% YoY, while exports dropped by 13% (to Italy – 2-fold, to Mexico and Belgium by 40%). At the same time deliveries to Kazakhstan and…Details
The Pipe Metallurgical Company has started manufacturing casing pipes of corrosion-resistant chrome-nickel alloys TMK-S. The first batch of TMK-S pipes has been produced at Tagmet and shipped to Lukoil. The alloy has been developed for pipes used in oil and gas extraction with high content and partial pressure of sulfuretted hydrogen and carbon dioxide. “This…Details
Amurmetall, the only steel producer in Russia’s Far East, has restarted production of steel after a six-month break, the government of the Khabarovsk region, where the plant is located, said in a statement on July 31. Amurmetall has been undergoing bankruptcy management since 2013. In 2015, the plant was put to auction at a price…Details
Prime Minister of Kazakhstan Bakytzhan Sagintayev visited the production facilities of Arcelor Mittal Temirtau, one of the largest industrial enterprises of Kazakhstan. Minister of Energy Kanat Bozumbayev reported on the measures to solve the paramount task of uninterrupted provision of heat and electric energy to consumers. To this end, a comprehensive plan for the modernization…Details
The Kremenchug Car Works has supplied another batch of all-terrain buses KrAZ-5233 to Severniy and Ingulets Mining and Processing Works. This is the second batch of automobiles delivered to the GOKs this month. The first batch was dispatched some 2 weeks ago. (Ukrainian metal)Details
In January-June the Tajik Aluminum Company produced 49.101 thousand tons of aluminum, down by 32.8% YoY. The decrease had to do with the world price jumps on aluminum and the usage of outdated technology, which makes TALCO products uncompetitive. According to the industry and new technologies minister Shavkat Bobozoda, the only aluminum manufacturer and the…Details
In January-June Uralelectromed produced 172.9 thousand tons of copper cathodes, up by 2.7% YoY. Gold and silver output also increased – by 2.3% and by 23.2% YoY respectively. The company has also improved its technical tellurium manufacture – by 11.9% and powder wares – by 15.7%. (Ukrainian metal)Details
In January-June VSMPO-Avisma produced 14.2 thousand tons of titanium, up by 20.4% YoY. At the same time, because of the drop of the exchange rate, the company earnings decreased by 0.4%, to 36.232 billion rubles, and its net profits by 35.6%, to 8.793 billion rubles. The strengthening of the ruble resulted in the decrease in…Details
The Splav Corporation has received an order for pipe vales from a major Russian oil extractor and processor – Surgutneftegaz. According to the agreement, in autumn the corporation will start supplying 1200 gland type globe valves to Kirishnefteorgsintez for the construction of the complex of pump petrol and diesel fuel. (Ukrainian metal)Details