In 10 years Tulachermet will invest some 80 billion rubles in the creation of the steel manufacture. This will result in 3 thousand additional jobs. The investor is developing the Tulachermet-Steel-2 and Tulachermet-Steel-3 projects. The company intends to enter the list of top manufacturers of rolled metal for automobile, machine-building and construction companies of Central…Details
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Centravis Production Ukraine’s capacities are 100% loaded. According to the company CEO and main shareholder Yuri Atanasov, since 2014 the Centravis has decreased sales on Russian market from 80% to 20%, having increased sales to EU from 10% to 70%. Each year the company intends to increase output by 10-15%. In particular, this year the…Details
In January-September Evraz Sukhaya Balka produced 1.847 million tons of iron ore, down by 5.1% YoY. In September output was 235 thousand tons. In 2016 the enterprise produced 2.564 million tons of iron ore, down by 8.8% YoY. The company capacity is 3.1 million tons of ore per year. (Ukrainian metal)Details
According to the Federal Customs Service, in January-August Russia imported 4.367 million tons of ferrous metals, up 1.58-fold YoY. Of this volume CIS metal accounted for 2.783 million tons, and far foreign countries – 1.584 million tons (up from 1.819 million and 0.949 million tons in January-August 2016 respectively). Ferrous metals imports without pig iron,…Details
In 2016 MidUral Group revenue increased by 13% YoY, to 8.3 billion rubles. Profit before taxation was 373.3 million rubles as opposed to losses in 2015. The net debt as of December 31, 2016 decreased by 20.2%. MidUral Group comprises Klyuchevsky Ferroalloys Works, Russkiy Chrome 1915, Klyuchevskaya Processing Factory (all in Russia), Dirox S.A. (Uruguay),…Details
Severstal has increased purchases of goods and services from Vologda region by 2 billion rubles YoY. According to the company statement, in January-September Severstal bought 15.4 billion rubles worth of goods and services in the region, up by 14% YoY. Severstal is cooperating with over 300 companies in Vologda region. (Ukrainian metal)Details
Production of Russian aluminum giant UC RUSAL rose by 1.1% QoQ, to 931,000 tons in July-September. In January–September, the company’s aluminum output rose by 0.3% YoY, to 2.763 million tons, it said. Aluminum sales fell by 3.4% QoQ, to 968,000 million tons in July-September, with the average price rising by 2.1%, to $2,124 per ton.…Details
The seventh bulker with 75,000 tons of anthracite for the needs of thermal power plants (TPPs) of the public joint-stock company DTEK Energy from the South Africa arrived in the Yuzhny seaport (Odessa region), the company’s press service has reported. The press service said that the unloading of Leda C bulker would start soon. Then…Details
The Energy and Coal Industry Ministry of Ukraine will reorganize and merge state-owned coal enterprises into the newly created state-owned enterprise National Coal Company, and all permits will be re-registered to this company by the end of this year. This is outlined in the action plan for 2017 to implement the concept for reforming and…Details
In 2017 MMK expects steel consumption in Russia to grow by 3.5% YoY, to 41 million tons. High-value added products consumption could grow by 1.8%, to 8.3 million tons, while imports will decrease by 1%, to 3.3 million tons. The drop in imports has to do with the imposition of duties at the request of…Details
The commissioning of the new ladle furnace will allow the ArcelorMittal Temirtau converter shop to reach a higher slab and square billet output. “When the third ladle furnace is commissioned, we will remove all the limitations and will be able to increase steel output to 5 million tons per year by 2020”, the company said.…Details
There are interruptions in the delivery of Kazakh coal to Kyrgyzstan, Kuban Myrzakanov, Deputy Chairman of the State Committee for Industry, Energy and Subsoil Use of the Kyrgyz Republic reported. According to him, there is no official ban on the supply of coal to Kyrgyzstan. Bishkek Heating and Power Plant receives the fuel as usual.…Details
The state enterprise Vostochniy Mining and Processing Works ordered SIA Zodiak Plus (Latvia) the delivery of transport and lifting machines valued at 598 thousand euros, or 21.7 million UAH. By February 2018 the company will have supplied three PAUS PFL 20 machines (Germany) with the lifting capacity of 3.3 tons at 199 thousand euros, or…Details