Gold output on the Urup Island of Russia’s Kuril Islands will fall by 100 kilograms to 1.583 tons in 2016, but silver output will rise to 4.274 tons from 3.327 tons, local precious metals producer Kurilgeo said. Despite the production cut, revenue from the sales of gold is to increase by 11% to 4.3 billion…
The Belarus government has set order volumes for scrap and ferrous and non-ferrous waste deliveries for state needs in 2017. Next year the country plans to procure 1.29 million tons of ferrous scrap and waste, as well as 19.2 thousand tons of non-ferrous scrap and waste. In particular, the Industry Ministry is supposed to procure…
In December Corum Group supplied three headgear sheaves to Norilsk Nickel. According to the company statement, the machinery will be used at Taimyrsky and Zapolyarny mines to extract copper-nickel ores. Taymysrky mine is one of the deepest in Europe and Asia, mining there is carried out at the depth of 1450 meters. Corum Group and…
ArcelorMittal Kriviy Rih intends to rent berths at the Olvia port in Nikolaev to transship its products. “We want to rent some berths at the port, but the process has been suspended”, AMKR CEO Paramjit Kahlon said. Ukraine has 18 seaports, with the most situated in Odessa region, including Odessa seaport and seaport Yuzny. (Ukrainian…
ArcelorMittal Kriviy Rih CEO Paramjit Kahlon has noted the positive impact of the decree on scrap export duty increase on the company. “We don’t import scrap. But the government decision to impose a 30 euro per ton duty really helps us”, he said. “The scrap supplies have remained on the same level. At any rate…
In January 2017 Ukraine will produce 2 million tons of steel, according to Ukrmetallurgprom forecast. Pig iron output will also reach 2 million tons, while that of rolled metal – 1.8 million tons. In January-November Ukraine produced 22.2 million tons of steel, 21.6 million tons of pig iron and 19.6 million tons of rolled metal,…
In November the copper sulfate shop of Uralelectromed, a part of UMCC, produced 3.5 thousand tons of copper sulfate, up by 30% from the average monthly results. The increase is believed to stem from the constant modernization of machinery. In 2015 the company worked out a program to increase productivity and output volumes. (Ukrainian metal)
In 2017 Chelaybinsk Pipe Works will decrease pipe supplies to its main clients – Gazprom, Transneft, Rosneft and Lukoil. The volumes will start growing again in 2018. According to ChTPZ estimates Gazprom might receive 205 thousand tons in 2017, down by 25% YoY, 345 thousand tons in 2018, 532 thousand tons in 2019 and 418…