Some 2 thousand tons of liquid pig iron has been spilt at the Azovstal Iron and Steel Works.
A hole has been burned down in the mixer No. 1 of the converter shop.
There were no injured. (Ukrainian metal)
In May Russia exported 257 thousand tons of raw aluminum, down by 34% MoM and by 25.4% YoY. In January-May exports decreased by 29% YoY, to 1.5 million tons. In monetary terms since the start of the year the exports have dropped by 23.6%. Export prices in May fell by 5.7% MoM, to $1.7 per…
DetailsZoloto Timptona LLC, developing alluvial gold sites in the Republic of Sakha (Yakutia), intends this season to obtain 60 kg of the precious metal. The Utanakh and Berezoviy brooks will yield 35 kg of gold. This year the company will also start developing deposits at the Troitskiy and Innokentievskiy sites. Zoloto Timptona is developing the…
DetailsAs of July 1 Retkon has extracted 173.5 kg of alluvial gold in the Irkutsk region, down by 25% YoY. This year the company intends to extract some 550 kg of gold. Thus, so far the output plan has been 32% fulfilled. Last year the company extracted 600 kg of alluvial gold. Retkon owns 15…
DetailsYakovlevsky Mining and Processing Works has mined 10-millionth ton of iron ore. The enterprises management believes that in the medium-term it will be able to mine 10 million tons a year. In particular, the development strategy presupposes the increase in mining 5-fold, to 5 million tons per year in 2017-2023. 20 billion rubles will be…
DetailsIn April-June Beloretsk Iron and Steel Works increased sales QoQ. In particular, sales of welding wire used in the manufacture of electrodes, and steel shaped sections for car fasteners grew 2- and 1.7-fold respectively. The sales of rebar mesh and nails went up by 47% and by 35%. The company has also increased the sales…
DetailsIn January-June throughput of Russian seaports grew by 2.8% YoY, to 409 million tons. Ferrous metals accounted for 14 million tons, down by 9.8%. In particular, Ust-Luga transshipped 46.2 thousand tons of ferrous metals, down by 52%. The Port of St. Petersburg decreased metal throughput by 18%, while Taganrog increased by 27%, to 56 thousand…
DetailsRussian steelmaker Novolipetsk Steel (NLMK) reduced its production of steel by 5% QoQ, to 3.992 million tons in April-June because of overhaul works at the blast furnace and basic oxygen furnace facilities, the company said in a statement on July 15. Loading fell to 96% from 98%, and consolidated sales shrank by 7%, to 5.268…
DetailsLast week, the price of one ounce of gold increased by 13.6595 manats or by 0.6%. Accordingly, the average price of one ounce of gold stood at 2,387.2233 manats. The price of one ounce of silver went up by 0.1804 manats or by 0.7%, to 25.707 manats. The price of one ounce of platinum grew…
DetailsOnly 109 parliament members voted in favor of the decree No. 10307. The decree presupposed amendments to the state budget of Ukraine by increasing expenses on the state mines under the program to restructure the coal industry. The parliament members, who supported the decree, believed that without new country leadership Donbass state mines would have…
DetailsSince the start of the season, the Vitim team of miners, developing alluvial gold sites in Irkutsk region, has extracted 885 kg of the precious metal, down by 2.2% YoY. This year the company intends to obtain 2800 kg of gold. Thus, so far the output target has been 32% fulfilled. The washing season will…
DetailsOlkon has purchased a license to develop the Central site of the South-Kakhozerskoye deposit. The site is situated close to quarries already under development. The reserves of the site are some 6.8 million tons of ore. The work on the Central quarry will begin in 2020. Two dump trucks, an EKG-12 excavator and a drilling…
DetailsIn May-June Maristyi LLC extracted 139.9 kg of alluvial gold in Amur region, down by 9% YoY. In the past three years the company has considerably increased output. Thus, in 2016 it extracted 411.3 kg of gold, in 2017 – 461.7 kg and in 2018 – 514 kg. The company does not disclose the amount…
DetailsChelyabinsk Zinc Works has become one of the 5 finalists of the Industry-2019 award.
The company developed the manufacture of indium of the highest purity (99.9999%).
The technique to produce 600 kg of indium per year was developed and implemented in 2017.
Since then the company has produced some 250 kg of indium. (Ukrainian metal)
Metinvest has transferred shares of the enterprises, remaining on the occupied territory, to a separate company. One of the plants is already being bankrupted. The shares have been transferred to Sitler Management Limited (Cyprus). The company is 100% owned by Metinvest B. V. The names of the enterprises, the shares of which were transferred, were…
DetailsNLMK Lipetsk has launched a recovery complex to capture and process chemical by-products from coke and chemical operations. The project will enable an increase in the production of raw materials for the chemical industry and for agribusiness, and halve the shop’s air emissions. Denis Manturov, Minister of Industry and Trade of the Russian Federation, and…
DetailsProlonged delays in addressing the matter of Lydian Armenia’s operations is economically damaging not only to the company, but also to the country in general, said the Armenian British Business Chamber (ABBC) in a statement. “On July 9 at the National Assembly of the Republic of Armenia the ongoing issue of our member Lydian Armenia…
DetailsIn 13 years ArcelorMittal has invested over $4.4 billion in its Kriviy Rih assets, with more than 6 billion UAH invested in the environment-friendly machinery. AM bought the plant for $4.8 billion, and none of the 36 main units operated according to environmental standards. Now 4 coke-oven batteries, 2 blast furnaces, 3 converters and 2…
DetailsIn January-June Ukraine imported 2.566 million tons of aluminum ore and concentrate (bauxites), up by 11.7% YoY, valued at $112.740 million, up by 22.6%. According to the State Fiscal Service, the main suppliers were Guinea (57.09%), Guyana (37.53%) and Brazil (2.59%). In 6 months Ukraine exported 22 tons of aluminum ore and concentrate valued at…
DetailsEvraz ZSMK has received a certificate of correspondence to the requirements of the Customs Union of the DT400IK high-durability rails. The certificate allows the company selling the rails on the territory of the Union. The DT400IK rails are used in complex environment, characteristic of the Urals, Siberia and the Far East. The first batches of…
DetailsIn January-June Yerkovetsky pit in Amur region mined 1.5 million tons of coal, up by 5% YoY. The pit resources are 5 billion tons of coal. The pit was commissioned in 1991. Its capacity is 2.5 million tons of coal per year. On the whole, in H1 Amur region mined 1.7 million tons of coal.…
DetailsIn January-June Severstal steel output grew to 6.1 million tons.
Pig iron manufacture increased by 1%, to 4.67 million tons.
The sales of iron ore concentrate went up by 3%, to 2.73 million tons.
The sales of large-diameter pipes in Q2 grew by 9%. (Ukrainian metal)
In June Zlatoust Electrometallurgical Works exceeded the output target. In particular, the company produced 5.054 thousand tons of liquid steel, up by 1.1% from the plan. The electric arc steel shop No. 2 produced 4.566 thousand tons. The company also manufactured 2.687 thousand tons of bars, with the mill-400 yielding 732 tons, up by 9%,…
DetailsMagnitogorsk Iron and Steel Works (MMK) was named the best exporter of high technology products among enterprises in the Urals Federal region of Russia. The winners of the “Exporter of the Year” awards were announced as part of the Global Manufacturing & Industrialization Summit 2019, held on July 9-11 in Yekaterinburg. MMK won the regional…
Details