President Petro Poroshenko has signed a decree to increase the scrap export duty to 42 euros per ton and prolong it for a year, until September 2019. On May 17 the Verkhovna Rada adopted the decree No. 8226 “On amendments to some decrees of Ukraine on the decrease of ferrous scrap on domestic market”. In…
In January-May Russia produced 21.6 million tons of pig iron, down by 0.4% YoY. According to the Federal Service of State Statistics, in May the decrease was 0.2% YoY and 0.6% MoM. Rolled metal output increased by 2.3%, to 25.9 million tons, with May results up by 0.5% MoM and by 2.9% YoY. Pipe companies…
In January-May Amur region obtained 7337.7 kg of gold, down by 13% YoY. Silver is not mined in the region. The decrease in the output has to do with the drop of manufacture at Petropavlovsk and Nordgold assets. 6551.6 kg accounted for ore gold. Alluvial season started in May, and as of June 1, 786.1…
In May ZEMZ produced 4568 tons of steel, with the third electric steel shop providing 545 tons. Last month ZEMZ sold 2974 tons of metal. The mill-750 produced 2177 tons of rolled metal, up by 7.7% from the target. Slabs of nickel-containing stainless steel accounted for 615 tons. They have been supplied to Krasniy Oktyabr.…
Alexandrinskaya Mining and Ore Company has mined 4 million tons of ore at the underground mine Chebachye. The deposit of the copper ores is situated in Chelyabinsk region. It was discovered in 1972. The reserves are estimated at 15 million tons of ore. The development of the deposits started in 2004. The mine was commissioned…
Russian Copper Company intends to buy a project to develop the Malmyzhskoye gold-copper-porphyry deposits in Khabarovsk region. The second party of the deal will be IG Copper LLC. The cost of the deal is estimated at $200 million. The deal is expected to be finalized in Q3. (Ukrainian metal)
Electrozinc has assembled the UniFO switchboard device at the ultimate absorber of its sulfuric acid shop. This has completed the large-scale reconstruction and modernization program begun in 2008. In September during the scheduled shut down repair of the zinc manufacture the ultimate absorber will be connected to the chain of the machines and will be…
Beloretsk Iron and Steel Works is implementing the system of the incoming control of the bearings it receives. A laser-marking machine has been purchased to mark the bearings in order to control their usage. Earlier this year the company has already purchased a test bench to check and remove low quality bearings. Since then BMK…