Ukraine: InGOK to mine 28.6 million tons of ore in 2019

This year Ingulets Mining and Processing Works intends to decrease iron ore mining by 1% YoY, to 28.6 million tons.

The company also plans to produce 10.829 million tons of iron ore concentrate.

In order to maintain the quarry capacities InGOK will increase rock mining by 2.2%, to 0.657 cubic meters per ton. (Ukrainian metal)

Russia: NLMK-Kaluga produces 4 million tons of rolled metal

NLMK-Kaluga has produced 4 million tons of rolled metal.

The high quality steel is used to produce some 20 types and sizes of bars and sections, as well as square billets.

In early 2018 the company increased its product portfolio by adding channel.

The company main customers are construction enterprises. (Ukrainian metal)

Uzbekistan: AGMK to construct new copper-processing factory

Almalyk Mining and Processing Works intends to construct a new copper-processing factory.

The project to be commissioned in 2022 will be developed by the Scientific-research and design institute TOMS (Russia).

The institute will also help modernize two current copper factories.

This year AGMK intends to attract over $180 million of investments. (Ukrainian metal)

Russia: Kaluga region to produce aluminum sections

“Extrusion Techniques and Structures” LLC intends to become a resident of the Kaluga special economic zone. The company intends to create aluminum manufacture with the capacity of 7 thousand tons per year. The products will be used in car manufacture and construction. The enterprise will be commissioned in 2020. Investments will reach 1.26 billion rubles.…

Russia: EMC coal output up in 2018

In 2018 the East Mining Company extracted 7.5 million tons of coal, up by 3.3 million tons YoY.

Sales also totaled 7.5 million tons, up 1.5-fold.

In 2019 the company plans to sell some 10 million tons of coal. (Ukrainian metal)

Russia: FAS to check pipe prices growth

The Federal Antimonopoly Service will check the reasoning behind the increase of the drilling pipe prices. In particular, FAS will investigate the increase of the price of pipe and metal purchased by oil companies. Russian metal and pipe prices follow world trends with a slight delay. In January-July the market witnessed a rise of hot-rolled…

Ukraine: Ukrzaliznytsia to sell 260 million UAH worth of scrap on ProZorro

Ukrzaliznytsia (Ukrainian Railways) has started selling scrap via ProZorro.Sales system.

4 lots with the initial price of 260 million UAH have already been registered.

The auction is scheduled for January 11, 2019. (Ukrainian metal)

Moldova: MMZ produces 500 thousand tons of steel in 2018

In 2018 Moldova Iron and Steel Works steel output exceeded 500 thousand tons.

Despite all the difficulties the company has been able to increase wages to its employees on average by 25%.

Investments in development grew 5-fold.

The company has constructed a warehouse and started modernization of the scrap complex. (Ukrainian metal)