Ukraine: Zaporozhogneupor output up in October 2017

In October Zaporozhogneupor increased output of molded, chamotte and magnesia rerfactories.

According to the company statement, it produced 9200.82 tons of molded and 371.14 tons of chamotte refractories.

In January-October Zaporozhogneupor produced 83197.42 tons of molded refractories, up by 103.65 YoY. (Ukrainian metal)

Russia: Klyuchevsky Ferroalloys Works resumes operation

Klyuchevsky Ferroalloys Works has resumed operation after a major overhaul.

The repair has been carried out in the kiln No. 1.

As the company was bound by international contracts it could not halt operation during the national holidays, so it decided to carry out repairs during the additional days off. (Ukrainian metal)

Russia: ChMZ profit up in January-September 2017

In January-September Chepets Mechanical Works received 1.73 billion rubles of net profit, up by 24% YoY.

Sales revenue reached 8.97 billion rubles, up by 2.5% YoY.

Since the start of the year the company has paid 1.52 billion rubles of taxes to the budgets of various levels. (Ukrainian metal)

Ukraine: pig iron prices to grow

The state enterprise Ukrpromvneshexpertisa forecasts that pig iron prices will continue growing influenced by the expected growth of scrap price. By the end of November the rolled metal trade will have revived, which will allow exporters to increase prices. The forecast range of prices for November is $320-370 per ton FOB. In October negative trends…

Ukraine: UGOK finishes processing factory repairs

Yuzhniy Mining and Processing Works has finished capital repairs of two sections of its ore-processing factory No. 1. According to the company statement, in September the seventh, and in late October the eighth sections of the factory were commissioned. Investments in modernization totaled 400 million UAH. During the repair equipment at all the technological sites…

Russia: Dagestan finds 100-ton gold deposits

A gold-bearing deposit with the reserves of some 100 tons has been found on the territory of Dagestan. The auction for the deposit will be held in 2018. The prospects of the Kurush ore node were confirmed in 2007-2010. In 2014 the Federal budget gave 150 million rubles for prospecting work in the Dagestani Mountains.…

Russia: ZEMZ starts producing stainless slabs

The rolling shop No. 1 of Zlatoustovsky Electrometallurgical Works has started producing 150×680 mm and 150×700 mm slabs of 12X18H10T steel.

The metal will be supplied to the Volgograd Iron and Steel Works “Krasniy Oktyabr”.

“Such wide slabs have been produced at the ZEMZ 1150-mill for the first time”, the company noted. (Ukrainian metal)

Russia: Polyus output up in Q3 2017

In July-September Polyus gold output increased by 16% YoY, to 642 thousand ounces. Ore output went up by 45%, to 10 million tons. Ore processing grew by 12%, to 7.3 million tons. Sales increased by 10% YoY, to 578 thousand ounces. EBITDA went up by 7%, to $475 million (28.16 billion rubles). Profits decreased to…

Russia: Revda Works pipe output up in January-September 2017

Revda Non-Ferrous Metals Processing Works has supplied 25 tons of LAMsh77-2-0.05 pipe for an oil-processing plant. Soon another two batches of pipes will be supplied. In January-September Revda Works produced 451 tons of LAMsh77-2-0.05 pipe, up 7.5-fold YoY. According to the company, the growth has to do with the favorable market situation and marketing strategy.…

Russia: TAGMET finishes PQF mill repairs

The pipe-rolling shop of Taganrog Iron and Steel Works has completed the scheduled modernization and repair of the PQF mill, which produces seamless hot-deformed pipes. The repair will result in the decrease of maintenance time and quality improvement. For the first time since the mill has been put in operation the company has replaced beams…