At an extraordinary meeting on September 15 Severstal shareholders approved of dividends for January-June 2017 in the volume of 22.28 rubles per ordinary share. According to the company statement, the registry will be closed on September 26. Earlier shareholders approved dividends for Q1 in the amount of 24.44 rubles per share. (Ukrainian metal)Details
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The Soyedinitelniye otvody truboprovodov Works (SOT, a part of ChTPZ) has started manufacturing welded pipe sheet piles. These products are used in constructing bank stabilization structures. It took company 5 months to develop the manufacture. As a pilot version SOT produced welded pipe sheet piles of S390 steel sections and 630 mm diameter pipes. Now…Details
In January-August Zabaikalye region mined 13 million tons of coal, down by 5% YoY. At present 12 companies mine for coal in the region. 66% of the total volume was mined by Razrez Tugnuysky (a part of SUEK), followed by Razrez Urtuguysky (Atomredmetzoloto) and Razrez Kharanorsky (SUEK), which accounted for 23.3%. Last year the region…Details
4 works of the Russian Pipe Metallurgical Company have received quality management certificates in Gazprom’s voluntary certification system InterGazCert. In particular, the certificates have been granted to Volzhsk, Seversk and Sinarsky Pipe Works as well as Taganrog Iron and Steel Works. The certificates confirm the works’ quality management systems correspondence to Gazprom standards, the ability…Details
In August DTEK increased coal output at Lviv and Volyn region mines by 37% MoM, to 72 thousand tons. “This will allow us supplying enough coal to thermal power plants”, DTEK said. Regional power plants mostly consume coal, mined at the state enterprises Lvivugol and Volynugol. The level of purchases depends on the energy balance…Details
In the next 7 months the miners of the DTEK Space Heroes Mine Group intend to get coal from the new 1060 long face with the estimated reserves of 300 thousand tons. The coal will be supplied to thermal power plants, operating on gas coal. Investments into the new long face totaled 228.6 million UAH.…Details
Avdiivka Coke and Chemical Works is carrying out a modernization project. The company intends to get a smart coking battery. At present Avdiivka Coke is modernizing its coke shop No. 4, integrating an automated system of technological processes management. Now computers will monitor all the indexes. The documents, that had to be entered manually, will…Details
TALCO intends to increase aluminum capacities to 300 thousand tons per year by 2020. According to a company representative Igor Sattarov, it has all the possibilities of reaching the goal thanks to the current economical situation, positive market prospects and implementation of the new aluminum manufacture technique. Previously TALCO capacity was 600 thousand tons of…Details
In January-August Azerbaijan produced 3934.5 kg of gold, up 3-fold YoY. According to the State Statistics Committee, in August gold output totaled 329.5 kg. In 2016 Azerbaijan obtained 1894.1 kg of gold, down by 15% YoY. At present Azerbaijan mines gold and silver at two deposits – Kedabek and Gosha – within the production sharing…Details
In January-August Zabaikalye region obtained 8013 kg of gold, including 5682 of alluvial gold and 2331 kg of ore gold. Silver output totaled 35 tons. Gold output increased by 2.2% YoY. In January-August 2016 the region yielded 7835 kg of gold. This year the region intends to mine some 12250 kg of gold against 12069…Details
Uralelectromed has finished the scheduled repairs of its shaft furnace No. 1 at the Kirovograd subsidiary “Proizvodstvo polimetallov”. The total cost of repair was 77 million rubles. The furnace has been completely disassembled and then assembled again. The company has also replaced gas ducts. In particular 27 meters of the largest gas duct (3.6 meters…Details
According to the Federal Service of State Statistics (Rosstat) in January-August Russia produced 40.5 million tons of rolled metal, up by 1.5% YoY. In August pipe companies increased output by 23.3% YoY and by 4.3% MoM, in 8 months they produced 7.4 million tons, up by 1.8% YoY. Pig iron output in January-August totaled 34.5…Details
The state enterprise Selidovugol has ordered the Akrit Land LLC the delivery of conveyers valued at 100.88 million UAH. By mid-2018 the company will have supplied 5 conveyers manufactured by Krasnoarmeysk Works of Industrial Equipment to the Kurakhovskaya mine. The contract presupposes a 70% prepayment, after which the conveyers have to be delivered within 10…Details