The Tulachermet-Steel casting and rolling complex, to be commissioned by the end of the year, will produce rolled metal for the manufacture of metal wares. At present Russia imports some 530 thousand tons of metal wares per year, with 60% – from China. Tulachermet-Steel will produce steel and rolled metal of high quality. And many…
In April-June Tulachermet received 2.03 billion rubles of net profit, up from 434 million rubles in Q1. Consolidated net profit in H1 exceeded 2.46 billion rubles, as opposed to the net loss of 896 million rubles in H1 2017. Revenue in 6 months reached 29.07 billion rubles, up by 24% YoY. In Q2 the company…
In January-June Tulachermet produced 1.27 million tons of pig iron, up by 3% YoY. The increase is due to the modernization of the blast furnace No. 3 in 2017, as well as the improvement of the quality of raw materials supplied to the company. Iron ore output dropped by 4%, to 2.48 million tons, with…
Tulachermet-Stal is carrying out cold tests and preparing for the hot tests of its rolling machinery. The company will be the first new integrated bar-rolling manufacture in modern Russia on the basis of a highly efficient converter technology. Tulachermet-Stal will create some 1700 jobs. The commissioning of the enterprise is scheduled for H2. The capacity…
In 2017 Tulachermet produced 2276 thousand tons of pig iron. This is the highest result in the entire history of the works operating with two blast furnaces. In December 2017 the company produced 211012 tons of pig iron, while on December 16, 2017 another record was set – 7540 tons of pig iron produced in…
Tulachermet-Steel has commenced the commissioning works at the 9501 rolling mill. The assembly of the equipment started in August 2017. At present the assembly is 97% complete. The construction of the integrated foundry-rolling complex using the converter technology began in 2013. The first stage presupposes the manufacture of 1.7 million tons of sections and bars…
Following the construction of a ladle crane for Evraz ZSMK, Uralmashzavod is working on a special crane for Tulachermet. The machinery will be used at the new iron and steel works being built in the city of Tula. For Tulachermet-Steel Uralmashzavod has already produced 10 cranes. (Ukrainian metal)
In Q3 Tulachermet, the largest pig iron manufacturer in Russia, received 223.5 million rubles of net profit. According to the company statement, Q2 saw the net loss of 427 million rubles. In January-September the net loss totaled 672.6 million rubles as opposed to 1.6 billion rubles of net profit in 9 months of 2016. Revenue…
