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Author Archives: admin

Russia: ChMK produces rebars for land reclamation in St. Petersburg

Chelyabinsk Iron and Steel WorksBy admin05.12.2018Leave a comment

Chelyabinsk Iron and Steel Works has produced 1.2 thousand tons of rebars for the construction of the land reclamation on the Vasilyevsky island in St. Petersburg. The city is carrying out a project to construct a Sea Façade. It includes a sea passenger port and new housing. The construction uses 35G2S and 35GS alloyed rebars…

Russia: Amurstal to produce 650 thousand tons in 2018

AmurstalBy admin05.12.2018Leave a comment

Amurstal CEO Sergey Kuznetsov said that this year the company annual output target had been fulfilled – 650 thousand tons had been produced. Next year the plant intends to produce 1 million tons. Earlier media reported that Amurstal might be purchased by Chinese investors. But the CEO refuted such reports, saying there were no negotiations…

Russia: Druza gold output up in January-November 2018

goldBy admin05.12.2018Leave a comment

As of December 3 Druza LLC has extracted 975.4 kg of gold in Irkutsk region, up by 5.6% YoY. Nevskoye gold ore deposits yielded 872.4 kg, with 103 kg obtained from alluvial sites. The company is developing alluvial gold sites in 3 districts of the region. This year Druza intends to extract 1030 kg of…

Azerbaijan: palladium price up on December 5, 2018

precious metalsBy admin05.12.2018Leave a comment

Precious metal prices varied in Azerbaijan on December 5, according to the data published by the Central Bank. The price of gold decreased by 3.349 manats, to 2,099.364 manats per ounce on December 5 compared to the price on December 4. The price of silver dropped by 0.0498 manats, to 24.5743 manats per ounce. The…

Ukraine: ZALK still to be auctioned

ZALK, Zaporozhye Aluminum WorksBy admin05.12.2018Leave a comment

This summer the State Property Fund announced the privatization of the Zaporozhye Aluminum Works state share. It was supposed to sell 68% in H2, but the privatization procedure is not going very fast. The state owns 68.0095% of ZALK shares, or 423,514,923 shares. A special auction commission has been created to sell the shares. It…

Russia: RZhD metal and mining throughput up in January-November 2018

Metal marketBy admin05.12.2018Leave a comment

In January-November Russian Railroads transported 1.18 billion tons of cargo, up by 2.6% YoY. In particular, 342,8 million tons of coal, up by 5.2% YoY, 10.2 million tons of coke, up by 0.1%, and 106.4 million tons of iron and manganese ore, up by 5.7%, were transported. The railroad also transported 71.2 million tons of…

Russia: Evraz ZSMK increases 100-meter rails output

Evraz ZSMKBy admin05.12.2018Leave a comment

The rail-beam shop of Evraz ZSMK has commissioned the second line of rail processing. The project allows increasing 100-meter R65 rails output 2-fold as well as producing European 60E1 and 54E1 rails with the length of 30, 36, 60, 72 and 90 meters. Investments in the project totaled 168 million rubles. In particular, the manufacture…

Russia: BMK commissions machinery to produce steel ropes

Beloretsk Iron and Steel WorksBy admin05.12.2018Leave a comment

Beloretsk Iron and Steel Works has put into operation new machinery to produce multistrand steel ropes to replace imported ones. The Sket Verseilmaschinenbau GmbH (Germany) machinery allows producing 6-12-strand ropes with the diameter of up to 90 mm, while the Rosendahl extruder covers both separate parts and the whole rope with polymer. BMK started the…

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…1,1141,1151,1161,1171,118…
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