Russia: Polymetal gold output up in 2017

Gold output of precious metals producer Polymetal International rose by 21% YoY, to 1.075 million ounces, while silver production decreased by 8%, to 26.8 million ounces in 2017, it said in a statement on January 24. Total output in gold equivalent grew by 13% YoY, to 1.433 million ounces, overshooting the production plan by 2%.…

Russia: Zabaykalye coal output up in 2017

Coal output in Zabaykalye region last year reached 21.3 million tons, up by 2.4% YoY.

According to the regional Ministry of Nature, Razrez Tugnuysky, Razrez Kharanorsky, Priargunskoye Mining and Chemical Enterprise, Chitaugol and Arctic Developments are the leaders of the industry.

In 2016 the region mined 20.8 million tons of coal. (Ukrainian metal)

Russia: Amurmetal to increase output in 2018

In 2017 Amurmetal produced 187 thousand tons of metal. This year the company intends to manufacture 1 million tons. To do this a two-stage modernization will be carried out. First, in February the company will modernize its rolling mill, which will increase its capacity to 700 thousand tons. During the second stage, in September, Amurmetal…

Ukraine: DSS thief fined for mere 850 UAH

A Dneprospetstal employee tried to take 20 grinding disks from the works, but was detained by the security at the exit.

The discs are valued at 1287 UAH.

The Zaporozhye district court punished the employee with a fine of 850 UAH. (Ukrainian metal)

Ukraine: Interpipe changes structure

Interpipe decided to change the business management model. From now on the company is divided into steel, pipe and railroad divisions. Steel products division includes Interpipe Steel, Interpipe Vtormet, the Lime Factory, as well as subdivisions of scrap purchase and steel billet sales. Andrei Korotkov, Interpipe Steel commercial director, has been appointed CEO of the…

Russia: AMZ insolvent

The arbitrary court of the Sverdlovsk region will decide on announcing the Alapayevsk Iron and Steel Works insolvent. A respective claim was submitted on January 22 by an individual claiming 1.191 billion rubles from the company. Alapayevsk Iron and Steel Works has been operating since the 18th century and specializes in the manufacture of blast…

Russia: Elgaugol output up in 2017

Elgaugol, a part of Mechel, in 2017 mined 4.2 million tons of coal, up by 12% YoY. “We were able to increase output mostly thanks to the new machinery and the program of capital repairs. In 2018 we plan to increase output to 5.3 million tons. For this we will purchase new machines”, Mechel-Mining mining…

Russia: MMK recognized as best producer of coated steel

Magnitogorsk Iron and Steel Works (MMK) achieved the first place among Russian producers of galvanized and coated rolled metal following research carried out by the industry’s authoritative publication Metal Supply and Sales. The ranking of leading producers and suppliers of ferrous and non-ferrous metal products is compiled by the magazine regularly. In the latest issue…

Russia: Kuzbass coal output up in 2017

In 2017 Kuzbass coal output increased by 6.2% YoY, to 241.5 million tons, including 65 million tons of coking coal and 176.5 million tons of power-generating coal. The regional factories last year processed 161.6 million tons of coal, up by 1.8 million tons YoY, including 59.1 million tons of power-generating coal (33% of the total…