This year OrionGroup+ LLC, which extracts alluvial gold in the Republic of Sakha (Yakutia), intends to get 90 kg of the precious metal. Last year the yield totaled 66 kg. The gold season will start in June. At present the company is carrying out preparation works at the site. According to the estimates, the resources…
The gold-extracting company Kamensky Quarry LLC in 2017 obtained 295 kg of gold, up by 18% from the manufacturing plan. The initial quota for this year is 200 kg. The company has licenses for 4 deposits. The alluvial gold reserves of the Unda site, the license to which was purchased in 2015, amount to 2190…
Severstal Distribution has signed an agreement to supply galvanized metal to one of Alutech enterprises for the manufacture of section gates. Galvanized metal manufactured by Cherepovets Iron and Steel Works (Russia) will be used to produce sandwich-panels and sections. “We have been cooperating with Alutech Gate Systems for over 2 years. Specifically for this strategic…
In January Ukraine increased currency revenue from the exports of ferrous metals by 33.5% MoM, to $873 million. In 2017 ferrous metals exports revenue totaled $8.7 billion, up by 19.6% YoY. Semi-finished products yielded the most revenue – $2.5 billion, up by 14.9% YoY. Last year Ukraine exported the most ferrous metals to the European…
From April the arc furnace shop No. 2 of Zlatoust Electrometallurgical Works intends to increase smelting volumes by a third – with the help of one more arc furnace with the volume of 12 tons and the project capacity of 27 thousand tons of steel per year. Previously the company used only 2 furnaces, with…
Oskol Electrometallurgical Works has mastered the manufacture of rolls of the run-out table for the continuous casting machine No. 6. The rolls manufactured by OEMK repair-mechanical shops surpass their foreign analogues. The OEMK rolls are made of three parts, while the imported rolls are solid, and thus less maintainable. The new rolls have already passed…
According to the Lipetsk region customs office, in January-February exports increased by 19.5% YoY, to $781.3 million. Foreign trade turnover exceeded $893 million. In the export structure NLMK ferrous metals account for 94.9%. Far foreign countries account for 94.1% of the total foreign trade turnover ($840.7 million). The main trade partners of the Lipetsk region…
In 2017 Donetskstal increased losses 3.6-fold YoY, to 8.185 billion UAH. According to the company statement, its assets as of late 2017 totaled 16.5 billion UAH. The company current liabilities amounted to 34.878 billion UAH, and its consolidated accounts receivable – 7.701 billion UAH. (Ukrainian metal)