Rosgeologia will carry our prospecting works for ore gold on Levoberezhnoye ore field. The corresponding agreement has been concluded in summer. The site with the size of 6.62 square km is situated in the Cherek district of the Republic of Kabardino-Balkaria. The project is to be completed by early 2021. (Ukrainian metal)
The Central Processing Factory Pechorskaya of Vorkutaugol has successfully finished an experiment to improve quality of the coal concentrate and has started supplying it to Cherepovets Iron and Steel Works. The project to decrease ash content in the concentrate began in April. As the result of the experiments, the ash content was decreased to 8%.…
In January-June Ukraine exported 7.82 million tons of rolled metal, or 84.6% of all the metal manufacture, almost on par with H1 2017 level. Semi-finished products accounted for 44.9%, up from 41.2%. Flat rolled metal was 33.3% against 33.9% last year. Bars’ share dropped to 21.8% from 24.9%. (Ukrainian metal)
The net profit of VSMPO-Avisma fell by 0.9% YoY, to 8.716 billion rubles in January-June, as calculated under Russian Accounting Standards (RAS), the company said in a report on July 26. Revenue increased by 5.7%, to 38.282 billion rubles. Titanium sales grew by almost 6%, to 15,000 tons in the period. (Prime/Ukrainian metal)
In January-June companies received 2.081 million tons of rolled metal, with 653.3 thousand tons, or 31.4% imported. In H1 2017 the market consumed 1.971 million tons of rolled metal, with 575.3 thousand tons, or 29.2% imported. Thus, rolled metal consumption increased by 5.6%, with the import share up by 13.6%. Bars accounted for 48.6% and…
The magnetite (iron ore) concentrate drying shop of the Bystrinsky Mining and Processing Works has been commissioned. The first batch of the dry iron ore concentrate will be shipped on October 1. Concentrate drying to decrease its moisture will be carried out from October till April. The shop has three drying cylinders with the capacity…
Mechel-Service has supplied 300 tons of beams for the construction of 2 sports facilities in the city of Novosibirsk: the center of the artistic gymnastics and the volleyball arena. The beams were produced at the Chelyabinsk Iron and Steel Works on the rail and beam mill commissioned in 2013. ChMK also supplies rebars and sheets…
In January-June Russky Ugol mined over 1.6 million tons of coal in Amur region, up by 5% YoY. The Severo-Vostochny pit, the oldest coalmining enterprise in the region, exceeded the output target by 25%. The mining there started in 1932. (Ukrainian metal)