On November 9 the public hearing on the antidumping investigation into steel wheels with the diameter of 710 mm and over originating from Ukraine and imported into the customs territory of the Eurasian Economic Union will be held. The current duty will be revised because of the new conditions. The new antidumping investigation was initiated…Details
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The Energy and Coal Industry Ministry has stated that wage debts totaling UAH 500 million will be paid off to miners until the end of the week. Deputy Energy Minister Anatoliy Korzun said this during Government Question Hour meeting held in Parliament. “We’re considering the issue of state support, and also funds are being received…Details
This year KazZinc intends to produce 320 thousand tons of zinc. “Our capacity is 295 thousand tons, but we produce 302-305 thousand tons. This year we believe we could produce 320 thousand tons, by slightly adjusting the technology”, the company CEO Alexander Khmelev said. In 2016 KazZinc produced 305.5 thousand tons of zinc, thus this…Details
The acting governor of the Primorye region Andrei Tarasenko while visiting the Lermontovsky Mining and Processing Works decided to fire the company director Vladimir Kalinovsky. According to the press-service of the regional authorities, the ex-top manager of the company Yuri Danilov has been appointed the new director. Lermontovsky GOK is one of the two tungsten…Details
OMZ-Spetsstal has manufactured and shipped two cast billets for the Indian Kudankulam NPP to Tyazhmash. Under the agreement signed in May, the company has produced a cone and a torus of 25L steel. The weight of the cone is 19 tons, of the torus – 50 tons. And the torus diameter is over 6 meters.…Details
Bryansk Machine-Building Works has passed the certification for the correspondence to the requirements of European standards in welding manufacture quality management system. BMZ has confirmed its correspondence to DIN EN 15085-2:2017 and EN ISO 3834-2:2005, thus it can produce metal structures for customers from Europe, Asia and America. The company is also the first in…Details
Members of the Murmansk Regional Duma have held an on-site meeting at Kola MMC that focused on the company’s environmental protection policy and improvement in environmental performance. The deputies reviewed the company’s environmental efforts and the progress of the Year of the Environment initiatives. Regional MPs paid a visit to the disposal facility for saline…Details
RUSAL, a leading global aluminum producer, announces the launch of an experimental reduction area at the Irkutsk Aluminum Works, which will operate under the EcoSoderberg technology. The total amount of investment in the project reached 540 million rubles. Implementing EcoSoderberg technology is one of the priority retrofitting projects for RUSAL. New generation potcells have a…Details
The Board of Directors of the World Steel Association (Worldsteel) has elected Alexey Mordashov, Chairman of PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, a member of the association’s 2017/2018 executive committee at Worldsteel’s 51th General Assembly in Brussels, Belgium. Alexey Mordashov is the only Russian representative in Worldsteel’s…Details
Metalloinvest has started pilot operation of the concentrate intake facility at Mikhailovsky GOK. The company has invested 1.3 billion rubles in the project. The maximum design capacity of the facility is 3.2 million tons of concentrate per year. During the facility’s pilot operation, the company specialists will adjust the equipment and operating models in order…Details
The Zyuzins family decreased their consolidated share in Mechel from 55.04% to 50.1%, having given 4.93% to Veriotex Holdings Limited as a repayment of the debt. At present Igor Zyuzin owns 26.47% of the company, a part of which is owned through Calridge Ltd. “In October Calridge transferred 20.534 million shares as debt settlement”, the…Details
The pipe and wheel holding Interpipe intends to create a joint venture with the French Vallourec. The Antimonopoly Service of Germany recorded the corresponding appeal on October 4. In 2016 Interpipe sold 458 thousand tons of pipes, down by 10% YoY, and 114 thousand tons of wheels, up by 22%. (Ukrainian metal)Details
The main owner of Rusal Oleg Deripaska will retain control over Nikolaev Aluminum Works, which it has sold to Glencore. Deripaska’s En+ Group concluded a non-binding agreement with Glencore to exchange the Swiss corporation 8.75% of Rusal shares (through Amokenga Holdings Ltd) for En+ shares (owns 48.13% in Rusal). The parties agreed that Glencore would…Details