In October, Azovstal mastered the manufacture of 4 new types of metal under special orders. In particular, for a customer in Belgium the company has produced slabs with corrected chemical composition taking into account requirement to impurities color, while some have been produced with lower nitrogen content. Two steel grades – 2626 and 1611 –…
In October, Yuzhniy Mining and Processing Works produced 1190.8 thousand tons of iron ore concentrate, up by11.3% YoY. In particular, the KZ concentrate accounted for 233.3 thousand tons and KZV – 957.5 thousand tons. Since the start of the year, the company has produced 10726 thousand tons of iron ore raw materials, up by 2.3%…
The Zangezur Copper and Molybdenum Combine (ZCMC) will transfer 3.75% more of its shares to the Armenian government. It was reported in early October that the government had agreed to accept as a gift 15% of ZCMC shares. GeoProMining Armenia, a subsidiary of the Russian company GeoProMining, was later revealed to be the new shareholder…
In January-October, the Vitim Miners Team, developing alluvial gold sites in Irkutsk region, extracted 2175 kg of gold, down by 11% YoY. The decrease was due to the postponement of the alluvial season to May 1 because of pandemic limitations. This year, the enterprise intends to produced 2500 kg of gold. Last year, the output…
Mariupol Ilyich Iron and Steel Works constantly designs and manufactures new types of metal products taking into account inquiries from customers, which helps it retain strong positions on the global metal market. The sheet-rolling shop 1700 has presented the most new products this year – 8 new types of rolled metal. In particular, the mill-1700…
In October, Dneprospetsstal decreased rolled metal output by 18.8% YoY, to 11.37 thousand tons. Steel manufacture dropped by 13%, to 16.53 thousand tons. In January-October, DSS increased steel output by 1.1% YoY, to 186.5 thousand tons, and rolled metal – by 4%, to 132.4 thousand tons. (Ukrainian metal)
Kazakhmys begins operation at the Khadjikongan deposit. Copper ore reserves are estimated at 6 million tons with the copper content of 1.52%, including 1 million tons of oxidized ore and 5 million tons of sulphide ore with the copper content of 1.58%. The initial prospecting of the deposit was carried out in late 1960s. In…
In January-September, Metinvest enterprises paid 1.023 billion UAH to the city budget of Mariupol. Azovstal, Mariupol Ilyich Iron and Steel Works, Metinvest Promservice LLC and Mariupol Repair-Mechanical Works accounted for 77.5% of payments, or 793.5 million UAH, with the rest paying 229.7 million UAH, or 22.5%. In 15 years of operation the group has paid…