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Some 300 miners have blocked the Vinnichenko street in Lviv, where the Lviv regional state administration is situated. They demand clearing salary debts. Prior to that the miners have marched through the central streets of the city. They claim they have so far received only half of their December 2018 salary, and nothing for January.…
DetailsThe metal companies are prepared to invest in the state system of education. According to Metinvest director on personnel Alexander Pimkin, at present the state does not do all the necessary things to reform the education system. “The approach to and the volumes of financing on behalf of the state are not enough”, he said.…
DetailsIn January Energomashspetsstal produced and shipped a gondola frame for the Atomwind-Kramatorsk wins plant at the order of Furlender Windtechnology LLC. The weight of the casting is 33.7 tons. This is the third frame manufactured under the project. In February EMSS will ship another frame. The contract was concluded in 2018. According to it, EMSS…
DetailsTechnoinvest Alliance has once again postponed the terms of launching the mining and processing works on the basis of the largest rare-earth metals deposit in Russia (Zashikhinskoye) – this time to late 2023. The terms have been postponed since 2014. Initially it was intended to start the construction of the works with the capacity of…
DetailsIn 2019 Vorkutaugol will increase investments in development by 18% YoY, to 6.2 billion rubles. Most of the funds – 2.7 billion rubles – will be spent to replace outdated mining and processing machinery, as well as cargo and passenger transport. The construction of the ventilation shaft No. 4 at the Zapolyarnaya mine, the ventilation…
DetailsIn 2019 the demand for Russian steel will be weak. “Construction volumes are not large, so, we believe the market will remain on current levels”, Severstal deputy CFO Alexei Kulichenko said. According to Severstal estimate made in November 2018, the growth of the local demand for steel in 2018 was 1.1%. (Ukrainian metal)
DetailsIn 2018 Primorsky Mining and Processing Works extracted 267 thousand tons of tungsten ore. The mining company AIR extracted 2574 tons of tungsten and copper concentrate. The results are up by 6% and 15% YoY respectively. Primorsky GOK sold 840 million rubles worth of ore last year, up 1.5-fold, and AIR – 3 billion rubles,…
DetailsIn 2018 Izhstal sold over 63 thousand tons of metal to local machine-building enterprises, up by 22% YoY. The company mostly supplies stainless, heat-resistant and corrosion-resistant steel for the manufacture of various spare parts and machines, as well as springs and bearings. “Machine-builders are our traditional customers. Their share last year was 26%”, the company…
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