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Armenia: GPMGold and SK Railroad sign gold ore transportation agreement

GeoProMining, goldBy admin19.12.2018Leave a comment

The South-Caucasus Railroad and GPMGold have signed an agreement to organize gold-bearing ore transportation from the Sotskoye deposit to Ararat Gold-Extracting Factory. According to the document, the volume of ore to be transported over 269 km is 1.5 million tons, up by 10% YoY. Last year 1.18 million tons of ore were transported. Since 2008…

Ukraine: Lvivugol miners October 2018 salary debts cleared

LvivugolBy admin19.12.2018Leave a comment

On December 14 the state enterprise Lvivugol completely cleared its salary debts to miners for October. The enterprise received payment for coal sales, which was spent to clear the debt. The amount of salary to be paid for October was 147 million UAH. (Ukrainian metal)

Russia: Severstal-SMC-Vsevolozhsk processes over 300 thousand tons of metal

SeverstalBy admin19.12.2018Leave a comment

Since the start of its operations in December 2013, Severstal-SMC-Vsevolozhsk has processed over 300 thousand tons of metal. The mini-CTL since the start of the year has produced 1.5 million billets, while the laser-welding site manufactured 1 million billets. Cherepovets Iron and Steel Works is the main supplier of rolled metal for processing at Severstal-SMC-Vsevolozhsk.…

Russia: TMK Chermet fulfills 2018 investment program

TMK ChermetBy admin19.12.2018Leave a comment

In 2018 TMK Chermet invested 120 million rubles in development. In particular, the company has purchased 28 new machines – KamAZs with cranes and manipulators, Volvo bolster-type tractors and semi-trailers, as well Liebherr unloaders. The company has also invested in the modernization of weighing and radiation control machinery, as well as restored over 5.5 thousand…

Russia: Severstal completes repair program

Severstal Russian SteelBy admin19.12.2018Leave a comment

Severstal Russian Steel has completed the autumn repair campaign at Cherepovets Iron and Steel Works and Severstal Bar Works Balakovo. Overall the group has carried out 10 capital repairs valued at 1.8 billion UAH. In particular the blast furnace No. 2, converter No. 3 and mill-2000 have been repaired. The latter allows now producing sheet…

Ukraine: Metinvest environment investments up in 2018

Metinvest Group of CompaniesBy admin19.12.2018Leave a comment

In 2018 Metinvest gave 150 million UAH for social projects in Mariupol, investing over 1.4 billion UAH in environment protection. The city health industry received over 16 million UAH, and education – some 20 million. The group also helped repair the Theater Square and construct a fountain, spending 35 million UAH. Investment in environment protection…

Ukraine: US not to abolish antidumping duties on rebars

antidumpingBy admin18.12.2018Leave a comment

The US Department of Trade will keep the antidumping duties on the delivery of construction steel rebars from Ukraine and some other countries. The third revision of the duty terms was initiated on June 1. On December 7 the results were published. US still believe that the cancellation of the duties will result in the…

Ukraine: three metal quotas to EU almost fulfilled

Ukrainian metal exportBy admin18.12.2018Leave a comment

149 days ago EU set a quota for the delivery of metal from Ukraine. The quota will be valid for 51 days more. As of December 14 Ukraine has supplied 2.4 million tons of hot-rolled metal to EU, or 58.11% of the quota. Cold-rolled metal quota has been 47.18% fulfilled (622.1 thousand tons), alloyed and…

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