Russia’s gold output grew by about 8% YoY, to 235.999 tons in January-September, the Union of Gold Producers of Russia said in a statement on December 14. Miner gold production rose by 7%, to 188.763 tons, byproduct production by 14%, to 12.946 tons, and scrap gold output rose by 3%, to 27.203 tons. Silver output…
NLMK Engineering, one of the leading design institutes in the Russian steel sector, and China’s leading state engineering company WISDRI Engineering & Research Incorporation Limited, have signed a master cooperation agreement. The term of the agreement is three years. It covers collaboration on investment projects by NLMK Group and other steel companies. The agreement was…
In January-November Chukotka Autonomous District mined 406 thousand tons of coal, up 1.8-fold YoY. Only two companies mine for coal in the region. The Shakhta Ugolnaya company, developing the Anadyr deposits, mined 183 thousand tons of coal, down by 19% YoY. At the same time Beringpromugol LLC, developing the Fandyushkinskoye field deposits since December 2016,…
Mechel-Service has supplied 500 tons of rebars for the reconstruction of the ship-launching machinery at the Sredne-Nevsky shipbuilding plant. The reconstruction will allow the company to launch ships with the length of 100 m. For the reconstruction of the machinery Mechel-Service has supplied SNS3 rebars of 25G2S and A500S grades manufactured by Chelyabinsk Iron and…
In November StalTrans sold 3610 tons of metal wares, up by 0.28% MoM and by 53.4% YoY. In January-November sales reached 41915 tons, up by 16.5% YoY. Under the current conditions of the metal wares market, the sales stable growth is the result of the strategy to increase sales productability: concluding deals on the basis…
Trubodetal has become the winner of the “100 best products of Russia” award. The company product – drop forged tee pipe for the Portovaya compressor station – has been awarded the “Golden hundred” diploma and the “Novelty of the year” status. The product with the diameter of 219.1 mm and the wall thickness of 28…
The Svet Shakhtera machine-building works, previously a part of Corum Group, will receive 300 million UAH from DTEK as a revocable financial help. DTEK Trading LLC and DTEK Dobropolyeugol will each transfer 150 million UAH. The corresponding agreements have to be concluded by March 5, 2018. (Ukrainian metal)
Norilsk Nickel plans to invest 250 billion rubles in projects aimed at improving the ecology of its manufacture. “Of them the sulfur project will cost over 160 billion rubles. The rest is other environment-protection projects dealing with waste, gases, etc.”, the company vice-president Elena Bezdenezhnykh said. The primary goal for 2018 is the regulation of…