Gazprombank and Asaka Bank signed a co-financing agreement to fund important investment projects, including a metallurgical plant not far from Tashkent. The plant will produce cold-rolled sheets with and without coating. The EUR 280-million project will be launched in the coming months so the plant could be put into operation in 2019. The Tashkent metallurgical…
The UMG Resource company, which specializes in industrial waste management, in 2016 increased its revenue from the sales of ash-slag materials by 47.5% YoY, to 149 million UAH. Sales of ash-slag materials (fly ash, wet fly ash, slag, ash slag) increased by 38.7%, to 480,000 tons. Products were dispatched from the DTEK’s thermal power plants…
The Prime Minister of the Republic of Tatarstan Ildar Khalikov has met the representatives of the Gemont company (Turkey) and discussed the prospects of further cooperation. In particular the parties discussed the creation of a metallurgical works to produce rolled sheet. The project has been developed by Gemont, which specializes in manufacture and assembly of…
The Mogilev-based steel mill MMZ has started shipping rough-forged railway axles to Russia, Valery Fishman, Head of the Central Office for Innovations and Investments of the Belarusian Industry Ministry, reported on 30 March. According to the source, two significant projects have been implemented by the Belarusian Metallurgical Company lately. The first one is the production…
In 4 years the labor productivity in non-ferrous metallurgy increased 4-fold. “All the targeted indexes in labor productivity in the priority industry have been reached”, the vice-minister on investments and development Roman Sklyar declared. In ferrous metallurgy labor productivity in 2016 reached 248.6% from the level of 2012, while the targeted volume was 108.7%. Labor…
The state enterprise Steel Structures (Ryazan) has put into operation the new line to produce welded mesh. According to the company statement, it chose to produce the most popular types of mesh on the market. It can also produce other types and sizes of mesh according to the customer orders. The capacity of the new…
In February Ukrainian metal companies decreased gas consumption by 25 million cubic meters MoM, to 175 million cubic meters. Average daily gas consumption totaled 6.3 million cubic meters, down by 0.2 million cubic meters. In January-February metal companies consumed 375 million cubic meters of gas, up by 18% YoY. Average daily consumption totaled 6.4 million…
On March 1-13, the average daily metal output dropped by 7-9% MoM. According to Ukrmetallurgprom, as of March 14, 17 out of 28 blast furnaces (61%), 13 out of 21 converters (62%), 7 out of 9 open-hearth furnaces (78%) and 6 out of 16 arc-furnaces were in operation. Alchevsk, Yenakievo and Donetskstal Iron and Steel…
