In April Zlatoust Electrometallurgical Works produced 5722 tons of liquid steel. All the electric steel shop sites have demonstrated increase in output. The rolling sector produced 4717 tons of blooms, up by 95 tons from the target, with stainless nickel-containing steel slab accounting for almost 800 tons. The slabs have been sent to Krasniy Octyabr…
In January-April Khabarovsk region obtained 4797.8 kg of gold, up by 8.5% YoY. Silver output totaled 16619.8 kg, down by 9%. The decrease has to do with the thinning of the Khakandzhinskoye deposits reserves. According to the regional Ministry of natural resources, silver output will continue falling. In 2017 Khabarovsk region obtained 23147 kg of…
Since the start of the year and as of May 15, Rosterminalugol has exported 8 million tons of coal. In 2017 the result was reached on May 17. The 8-millionth ton was a part of the batch loaded onto Post-Panamax bulker Proteas (83.5 thousand tons). The vessel has been the 13th at the terminal since…
Severstal Steel Ropes, a part of Severstal-Metiz, has developed an improved version of TU006 rope for the speed descent attraction. It features increased size of the plastic all-round compression, more wire and a unique core structure. These novelties make the rope smoother and more flexible, at the same time retaining its strength over the whole…
On March 24 a Zaporizhstal employee loaded ferrous scrap metal weighing 60 kg into his car and tried to drive with it out of the Balka Srednyaya. The thief has been detained by the security. The damage to the company was estimated at 455 UAH. On May 8 a Zaporozhye court fined the thief for…
In May iron and steel works in CIS countries increased wire rod price to $595-600 per ton FOB Black Sea from $580 per ton, according to Platts. Rebars became $20 more expensive ($560 per ton). The gap between prices of wire rod and rebars has widened to $35 per ton. One of CIS works has…
According to Victor Galasyuk, the chairman of the Verkhovna Rada committee on industrial policy, the situation with the provision of domestic metal companies with scrap is worsening, and immediate reaction of authorities is required. He reminded that in order to provide the stable operation of Ukrainian metal industry the Verkhovna Rada had increased the scrap…
Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the first quarter of 2018, the Media Relations Department of the company has reported. Kumtor produced 100,220 ounces of gold in the first quarter of 2018 compared to 127,400 ounces of gold in the same period of 2017. The…