Kirov Non-Ferrous Metals Processing Works has started modernizing an ILK-1.6 smelter in its smelting shop. The furnace will get a new foundry machine for bulk ingots. At present the smelter can produce flat ingots with the width of 800-1000 mm as well as cylinder ingots with the diameter of 400-650 mm. But when the molten…
Highland Gold Mining has postponed the commissioning of the Kekura gold ore deposit in Chukotka from 2021 to 2023. Last year the reserves were estimated at 2 million ounces of gold with the average content of 7 g per ton. According to the development plan, in the first 8 years of operation the average gold…
Several days ago, contractual organizations started the reconstruction process of the parkway along Metalurgiv Avenue, from the intersection of Sobornosti Str. and Metalurgiv Avenue to the intersection of the avenue and Vadima Hurova Str. Yurii Vilkul, Kriviy Rih Mayor, representatives of the contractual organizations, and Yuliia Chermazovich, Head of the Charitable Foundation of ArcelorMittal Kriviy…
In January-March, Krivoy Rog Iron Ore Industrial Complex mined 1.005 million tons of ore, down by 17.9% YoY. In March the output totaled 353 thousand tons, up from 283 thousand tons in February. In 2018 the enterprise decreased iron ore output by 9.7% YoY, to 4.581 million tons. (Ukrainian metal)
In January-March, Chukotka Autonomous District mined 110 thousand tons of coal, down by 40% YoY. The decrease has to do with the scheduled drop in mining at the Fandyushkinskoye deposit. In 3 months Beringpromugol LLC, operating at the deposit, mined 76.9 thousand tons of coal, down by 45% YoY. The second coalminer – Shakhta Ugolnaya…
The European Commission has started another investigation of ferrosilicon imports from China and Russia. The previous antidumping duties, imposed in April 2014, have expired. The initiative to start a new investigation came from Euroalliages. The association believes that the cancellation of duties will result in new dumping deliveries and damages to the European companies. Duties…
In January-March, VIZ-Stal produced 43 thousand tons of transformer steel, on par with Q1 2018. Capacities were 100% loaded. Sales grew by 5%, to 43 thousand tons. Exports accounted for 87% of sales. The key markets were India, Near East and North America. (Ukrainian metal)
Moscow Loan Bank and ChTPZ Group have signed a loan agreement of 4 billion rubles. The funds will be provided for 3 years. The parties have been cooperating since 2014. This year the bank decided to enlarge cooperation with the group. (Ukrainian metal)