Ukraine: Interpipe losing qualified personnel

Interpipe is noting the outflow of qualified personnel. According to the group CFO Denis Morozov, following the Interpipe TechFest in October the situation with technical personnel did not change. “There is an outflow, especially of the key qualified personnel. We are losing these jobs. There are fewer problems with less qualified personnel. But it is…

Russia: Krasnoyarsk Railroad metal transportation up in January-October 2019

In January-October Krasnoyarsk Railroad transported 189.7 thousand containers (TEU), up by 62.9% YoY. Domestic transportation totaled 36.6 thousand TEU, down by 5.1%, and export – 153.1 thousand TEU, up 2-fold. In particular, 13.4 thousand containers of non-ferrous metals and 4.5 thousand containers of ferrous scrap were transported, up by 39% and by 25.3% YoY respectively.…

Russia: Nordgold gold output up in Q3 2019

The gold output of the gold mining company Nordgold, controlled by the Russian businessman Alexei Mordashov, rose by 12% QoQ, to 288,900 ounces in July-September, the company said in a statement on November 13. The average price of gold sales increased by 12%, to $1,474 per ounce in the period. In January-September the company’s gold…

Russia: Novaya Zemlya mining project port construction approved

Glavgosexpertiza (Russia’s Main Department of State Expertise) experts have considered and approved the design documentation and engineering survey findings under the project on construction of a port on the Yuzhniy Island of the Novaya Zemlya Archipelago (Arkhangelsk region) as infrastructure of Pavlovskoye Lead and Zinc Deposit. Pavlovskoye Lead and Zinc Deposit discovered in late 1990s…

Russia: TMK to supply continuous cast billets to Kazakhstan

Pipe Metal Company and Prommashkomplekt LLC, manufacturer of products for railroad, have signed an agreement on the delivery of continuous cast pipe billets. The document was signed by TMK deputy CEO Sergey Marchenko and Prommashkomplekt commercial director Dmitriy Karakulov. According to the contract, TMK will annually supply Prommashkomplekt with up to 65 thousand tons of…

Ukraine: EMSS ships 600 tons of metal products to ArcelorMittal in October 2019

In October Energomashspetsstal shipped 600 tons of metal products to ArcelorMittal enterprises. Large batches of rolls have been sent to iron and steel works in Germany, Belgium, France, Italy, Spain and Kazakhstan. In particular, 10 supporting rolls for hot- and cold-rolling mills have been supplied to AМ Bremen, AМ Espana, AМ Eisenhuttenstadt, AМ Italia, AM…