Until the end of the year Ferrexpo plans to buy 400 gondola cars. The decision is due to the strategic plans of Ferrexpo to increase pellets output. In early 2019 Yeristovo Mining and Processing Works purchased 200 gondola cars from Kryukovsky Works, bringing the combined total to 2.6 thousand cars. (Ukrainian metal)
Almalyk Iron and Steel Works has started carrying out the second stage of the railroad infrastructure construction to the Kalmakyr mine. Kalmakyr Mine is the largest mining enterprise in the CIS, the base of Uzbek non-ferrous metallurgy. In 2016 the mine design capacity was increased to 30 million tons of ore per year. Under the…
Severstal Distribution was able to increase sales on its traditional markets, having avoided a fall after it ceased operating in Ukraine. “Because of economical risks we were forced to leave Ukrainian market. But these volumes have been compensated for by the growth of sales in the European part of Russia, as well as Central, Northern…
In January-March Ukraine increased metal structures manufacture by 2.3% YoY, to 44 thousand tons. Local consumption remained unchanged – some 42 thousand tons. Export in Q1 dropped by 19%, to 1.7 thousand tons. EU accounts for the main share of exports – over 60%. Metal structures imports in Q1 fell by 52%, to 0.3 thousand…
Olkon has finished assembling an EKG-15 excavator, the largest in its history. The machine will operate at the Komsomolsky quarry. The excavator weighs some 700 tons. It can fill a 136-ton dump truck with rock in just 4-5 ladles. Another machine will be received at the plant until the end of the year, and the…
In May Dneprospetsstal decreased steel output by 11% MoM, to 18.4 thousand tons. Rolled metal manufacture grew by 5.4%, to 13.7 thousand tons. In January-May steel output dropped by 15.5% YoY, to 90.8 thousand tons, and rolled metal – by 14.1%, to 61.5 thousand tons. (Ukrainian metal)
Russian gold producer Nordgold has signed an option deal with Alicanto Minerals Ltd for a preemptive right for a buyback of the Arakaka gold ore mining project in Guyana, the company said in a statement on June 19. Under the agreement, Nordgold gets an option to buy 100% in Arakaka in exchange for $3 million…
In January-May Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 7.8% YoY, to 39,607 kg. In the reporting period the production of raw silver and semi-processed silver, or in powder form, equaled 400,235 kg, down by 2.5%. Besides, 676,942 tons (-8%) of untreated aluminum, aluminum oxide, 56,031 tons (-12.4%)…
