In January-October the Republic of Buryatia extracted 4756.3 kg of gold. Ore gold accounted for 2806.9 kg. Alluvial gold output totaled 1949.4 kg. Last year the region extracted 5678 kg of gold, including 3610 kg of ore gold. (Ukrainian metal)
The Oscol Electrometallurgical Works has commissioned a new machine of water descaling. Investment into the machine, assembled at the mill-350 in the bar-rolling shop No. 2, totaled 180 million rubles. “The project has been carried out under the program to improve SBQ (special bar quality) quality. The new machine will greatly increase our product portfolio…
In case there are delays when passing the Kerch Strait, the Metinvest will reroute its logistics to the Black Sea ports. “Of course, the payment for railroad transportation will result in additional expenses, but Metinvest will save on increased cargo volume”, the company said. On November 26 and 27 two vessels carrying Metinvest cargo to…
In January-October Ukrainian by-product coke plants increased 6% moisture coke manufacture by 4.7% YoY, to 8.986 million tons. According to Ukrkoks, in October output was 952 thousand tons, up from 878 thousand tons in September. The output growth is due to the slight increase in pig iron manufacture. In 2019 Ukraine is expected to increase…
In October Russia produced 4.3 million tons of pig iron, down by 0.7% YoY (4.17 million tons in September). In 10 months pig iron output totaled 43.138 million tons, up by 0.4% YoY. Ukraine, no longer a part of CIS, decreased pig iron output by 0.2% YoY, to 1.785 million tons in October (1.667 million…
In January-September DTEK received 3.395 billion UAH of net profit, including 2.009 billion UAH of net loss in Q3. In particular, the financial results were influenced by the decrease of the hryvnia exchange rate. The loss of currency exchange rate difference totals 0.6 billion UAH. The company income was 119.812 billion UAH in 9 months,…
Energomashspetsstal has won a tender to supply 377 tons of rolls to Zaporizhstal. According to the company statement, the new agreement was signed following the tender held in November. Next year EMSS will produce 16 vertical and back up rolls for cold- and hot-rolling mills. The rolls will be shipped by installments according to the…
Russian Railways announce another decrease of tariffs for the transportation of ferrous metals and other goods. From January 1 till December 31, 2019 some Ural metal plants will get special tariff conditions. In particular, RZhD is introducing a 47% discount on inner transportation of ferrous rolled metals from the Polevskaya station to the Kamensk-Uralsky station.…
