In January-April Chukotka Autonomous District mined 225.8 thousand tons of coal, up by 13.2% YoY. Beringpromugol and Ugolnaya Mine are the main coalmining companies in the region. In particular, this year Beringpromugol intends to mine 600 thousand tons of coal. Last year the region yielded 445.3 thousand tons of coal. (Ukrainian metal)
In January-April Neva-Metal, a part of the Severstal transport segment, handled 1.042 million tons of metal, down by 3% YoY. According to the company statement, its container throughput totaled 22 thousand TEUs. In 2017 the company handled 3.1 million tons of metal. (Ukrainian metal)
Severstal has chosen the supplier of the machinery for the foundry shop of the blast furnace No. 3 at the Cherepovets Iron and Steel Works. The total cost of the contract is over 28 billion rubles. Under the contract TMT GmbH (Germany) will supply all the necessary machinery. The first deliveries are expected in Q2…
Trubprom has mastered the manufacture of large diameter pipes of stainless steel. Last year the company passed a number of procedures and obtained the permission to supply its products to the Russian nuclear power plants. But this resulted in some difficulties, as the domestic flat stainless steel manufacturers could not completely cover all the company…
The consortium consisting of British Steel, Greybull Capital and Estonian Baltic Metal Holding is interested in KVV Liepājas metalurgs’ recovery, not the purchase of its assets, says Greybull Capital partner Daniel Goldstein. He refused to go into detail as to why the consortium exited from last year’s KVV Liepājas metalurgs sale process. He did say…
The prices of main precious metals decreased in Azerbaijan on May 16, according to the data published by the Central Bank. The cost of gold decreased by 28,594 manats, to 2200,208 manats per troy ounce compared to the price on May 15. The cost of silver decreased by 0.2945 manats, to 27.7177 manats per ounce.…
In April Zlatoust Electrometallurgical Works produced 5722 tons of liquid steel. All the electric steel shop sites have demonstrated increase in output. The rolling sector produced 4717 tons of blooms, up by 95 tons from the target, with stainless nickel-containing steel slab accounting for almost 800 tons. The slabs have been sent to Krasniy Octyabr…
In January-April Khabarovsk region obtained 4797.8 kg of gold, up by 8.5% YoY. Silver output totaled 16619.8 kg, down by 9%. The decrease has to do with the thinning of the Khakandzhinskoye deposits reserves. According to the regional Ministry of natural resources, silver output will continue falling. In 2017 Khabarovsk region obtained 23147 kg of…