Prices of precious metals, except for platinum, dropped in Azerbaijan on August 3, according to the data published by the Central Bank. The price of gold decreased by 19.3885 manats, to 2052.4865 manats per ounce compared to the price on August 2. The price of silver decreased by 0.1873 manats, to 26.0118 manats per ounce,…
The Uralelectromed subsidiary – Manufacture of non-ferrous metals alloys – is finishing the reconstruction of the repair shop. The work started back in 2016. Not only premises, but also machinery undergoes repair and replacement. As the result of the reconstruction the shop capacities will increase, and the product range will expand. Labor conditions are expected…
For the first time in Russia, the Evraz Mezhegeyugol miners have put into operation self-advancing support units. The new machinery will make the labor conditions safer and increase labor efficiency. In June 35 thousand tons of coal were mined, while in July – 10 thousand tons more. USA and Australia have been using such machines…
The Department on the domestic market protection of the Eurasian Economic Commission has repeatedly investigated the import of graphitized electrodes from India. The department believes it is possible to prolong the protective measures for 5 more years, as the term of the previous duty is drawing to an end. The second investigation started in October…
Kamastal Works is currently under construction on the Nizhnekamsk territory of advanced development. The company will produce polymer-coated rolled coils. Shandong Baikal Group (China) is the investor of the project. The plant is expected to be commissioned in autumn. This year some 50 thousand tons of coils will be produced, while the capacity of the…
Interpipe has started carrying out an investment project to increase capacities to produce casing pipes with premium thread joints. Danobat will supply the main machinery for the new line. The line will be constructed at the Interpipe NTZ in the city of Dnipro. The capacity of the line is some 70 thousand tons per year.…
In July Ukraine produced 1.599 million tons of steel, down by 7% YoY. Pig iron manufacture dropped by 2%, to 1.598 million tons, while that of rolled metal – by 10%, to 1.38 million tons. The decrease has to do with the capital repairs at the metal works. In January-July Ukraine produced 11.75 million tons…
A refractory worker perished at the Azovstal Iron and Steel Works, and a master worker was injured. The accident happened at the coke shop after the repair of the coke oven battery, when the elevator with people fell down. On May 28 the railroad car inspector perished at the works, and on March 16 –…
