According to the president order dated January 17, the Navoi Mining and Processing Works will soon be divided into two enterprises – the state enterprise to mine and process uranium, and a joint-stock company to mine and process precious metals. The latter will be given to the trust management. A road map to reorganize the…
In 2018 Kazakhstan produced 97.429 tons of gold, up by 14.2% YoY. According to the Statistics Committee of the Ministry of the National Economy, silver output dropped by 8.6%, to 968.941 tons. (Ukrainian metal)
At its manufacturing site in Verkhnyaya Salda in Sverdlovsk region, VSMPO-Avisma has commissioned a new site of bulk titanium rings treatment. Such rings are used in aviation engines. In 2018 the Fund of the industry development supported the corporation and provided it with 70 million rubles, with 30 million rubles more given by the Fund…
Gaysky Mining and Processing Works has put into operation a new floatation machine. The SOMEX machine has been assembled at the main premises of the processing factory replacing outdated machinery. “The new machine is twice smaller than its predecessor. Each of its six compartments has the volume of 25 cubic meters as opposed to 50…
In 2018 steel pipe exports grew by 29.9% YoY, to $737.852 million, while imports – by 50.5%, to $181.471 million. According to the State Fiscal Service, in December 2018 pipe exports dropped by 1.1% YoY, to $56.405 million, while imports increased by 47.4%, to $19.572 million. US were the largest importer of steel pipes in…
The project to reconstruct the existing and build new gas-purifying machines in the blast furnace shop of the Mariupol Iron and Steel Works named after Ilyich has entered an active stage. Investments amount to some $20 million, A new line of dry gas-purification of the blast furnace foundry yard will be constructed. And the wet…
Russian gold production rose by 1.8% YoY in 2018, the Federal State Statistics Service said. In December 2018, gold production decreased by 0.5% YoY and by 2.1% MoM. No absolute figures were disclosed. (Prime/Ukrainian metal)
Ukrainian galvanized metal manufacturers have been harmed by the increase in imports from China and Russia. According to Metinvest Holding marketing director Roman Kurashev, unless state authorities take measures, the situation could worsen. “Following the protective measures taken by Europe, US, Canada and Turkey, we expect a considerable increase of imports from China and Russia,…