In January Almalyk Mining and Processing Works manufactured 100.2% of the target. Copper ore output was 100.9%, copper raw materials processing – 100.2%. Copper content in the concentrate was 101.4%. Last month the GOK produced 101.2% of cathode copper, including 100.1% of its own raw materials, and 75.3% of metallic zinc, including 100% of its…
MMK-Metiz is going to increase the size of the minimal salary. As of January, the average salary at the works was 46.7 thousand rubles. In 2017 it increased by 8.4%. The company collective agreement, approved last spring, was awarded the second place at the regional competition. (Ukrainian metal)
The investment program of Olenegorsk Mining and Processing Works for 2018 will exceed 1 billion rubles, on the level of 3 previous years. According to the company statement, some 290 million rubles will be used to buy two new dump trucks and the front-end loader for the mining division. 114 million rubles will be spent…
An oil transformer with cables caught fire on the territory of the Zaporozhye Ferro Alloys Plant. Some 28 firefighters and 7 units of special machinery were engaged in extinguishing the fire. The fire appeared on the area of 25 square meters. The reason of the fire is unknown as yet. (Ukrainian metal)
In January Ukraine exported 654.597 thousand tons of carbon steel semi-finished products, up by 11% YoY, valued at $289.516 million, up by 38.5%. According to the State Fiscal Service, Italy (30.37%), Turkey (24.71%) and Egypt (15.08%) were the main customers. Imports reached 1.997 thousand tons, up 6.2-fold YoY, valued at $1.151 million, up 7-fold. The…
In January Chukotka Autonomous District mined 1.755 tons of ore gold, down by 7.3% YoY. 5 companies mine for ore gold in the district: 2 of Kinross Gold, Mayskoye LLC, Rudnik Karalveyem and Rudnik Valunisty LLC. Alluvial gold season has not started yet – it is expected to commence in April-May. Silver output dropped us…
In 2017 Severstal Distribution increased sales by 13% YoY, to 1.75 million tons. The distribution network sold 16% of all steel produced by Severstal Russian Steel last year. Revenue exceeded $1 billion. Sales in Russia demonstrated the largest growth – by 18% YoY, to 890 thousand tons, with revenue preliminary at $515 million. Sales to…
Chelyabinsk Iron and Steel Works has finished a large-scale overhaul of the gas-purifying equipment in the oxygen-converter shop. The repair will improve the level of environment safety. The shop operates 3 converters and an arc furnace, which jointly produce over 3.9 million tons of steel per year, as well as 4 continuous casting machines with…