Cherepovets Iron and Steel Works has finished the capital repair of the continuous picking machine No. 3. The repair lasted for 5 days. Investments totaled 17 million rubles. The continuous picking machine No. 3 processes some 50% of the plants metal. (Ukrainian metal)
ArcelorMittal Kirviy Rih says the company is operating in normal mode and all the manufacturing processes are stable. “Managers of the supply, manufacture, railroad, automobile and marine logistics departments confirm stable operation. The railroad and automobile services are working normally, and so is our own cargo terminal “Nikmet-Terminal” in the Nikolayev Sea Trade Port, from…
Precious metal prices varied in Azerbaijan on November 28, according to the data published by the Central Bank. The price of gold decreased by 12.3165 manats, to 2,065.0325 manats per ounce on November 28 compared to the price on November 27. The price of silver dropped by 0.1479 manats, to 24.0635 manats per ounce. The…
The gold-extracting company the Krivbass Team LCC has finished the washing season of 2018 with 602 kg of gold. The main company accounted for the most gold – 558 kg. The rest (44 kg) was extracted by the daughter company – The team named after Berzin LLC. The company is developing alluvial gold sites in…
Despite difficulties following the accident at pipelines, the ArcelorMittal Temirtau blast furnace shop employees were able to timely finish the scheduled repair of the blast furnace No. 3. The previous repair was carried out in November 2017. Following the present repair the pig iron output will reach 5.6-6 thousand tons per day. On November 21…
Alexander Sivakov has been appointed the executive director of the Volgograd Iron and Steel Works Krasniy Octyabr. Previously he has been a deputy governor of the Volgograd region and the chairman of the economic policy and development commission. In early November the arbitrary court of the Volgograd region declared the plant bankrupt. Krasniy Octyabr is…
The Russian government has allocated up to 10 billion rubles for the Federal Agency for State Reserves to buy up to 50,000 tons of aluminum for the state reserve, according to a ruling published on November 28 on the government’s website for disclosure of legal information. The U.S. imposed 25% import duties on steel and…
NLMK intends to increase 1.5-fold the output of its own electricity having constructed a heat electric generation plant at its Lipetsk site operating on the secondary fuel gas (wastes of metal manufacture). The cost of the project is 35 billion rubles. The plant will use the gas that is created when smelting pig iron in…