The Belarus Iron and Steel Works will redistribute shipments due to the European Union introducing customs duties on Belarusian reinforcement bars, BMZ Director General Anatoly Savenok declared. He noted: “A strategy has been developed to redistribute our shipments to other target markets. Russia is one of them since the eastern neighbor is gradually recovering.” Polish…
Sumy scientific-manufacturing enterprise named after Frunze is finishing the order of Severniy Mining and Processing Works. The order presupposes the manufacture of two liquid-packed ring vacuum pumps. “One is ready, has been tested, painted and will soon be shipped. The second one is being assembled”, the enterprise said. These pumps are of the most powerful…
Ingulskaya mine of the state enterprise VostGOK has stopped mining uranium ore. According to the mine union, the operation stopped on May 31, and the idleness has already resulted in the decrease of output by 45 million UAH, while the local and state budgets will not receive some 2.9 million UAH of various taxes. The…
VIZ-Stal has started the second stage of its machinery modernization. The combined total of both stages is 350 million rubles. This year the company will put 30 stands of bell type furnace in operation. By 2021 the company will have replaced 70% of its bell type furnaces. VIZ-Stal is a major world and the largest…
Sberbank has opened a 800-million ruble loan to Pskovvtormet. The money will be spent to finance the company current activity and fulfill current obligations. Pskovvtormet was created in 1993 and is a leading enterprise in Pskov region, procuring, processing and selling ferrous scrap and wastes. The company has 16 sites in various regions, with several…
In May Profil-Akras produced 15.6 thousand tons of pipes and sold 17 thousand tons, with 2.2 thousand tons exported. The Pipe Works “Profil-Akras” named after Makarov specializes in the manufacture of electric-welded pipes for water and gas pipelines and heating systems. (Ukrainian metal)
In January-May Magadan region obtained 6.1 tons of ore gold and 1.4 tons of alluvial gold. Gold output in the region increased by 47% YoY, mostly due to the gold-mining company Pavlik, which in 5 months mined 1.5 tons of ore gold. This year the region intends to get 30.5 tons of gold (14.8 tons…
Uchaly Mining and Processing Works carries out the technical modernization of its processing factory grinding shop. In particular a 3200 mm ball mill has been replaced with a 3600 mm ball mill. “The replacement of the mill allows us reaching finer grinding of ore, which will improve copper and zinc extraction”, the company manufacturing-technical department…