Vyksa Iron and Steel Works will start producing casing, compressor-pump and oil-and-gas pipes in late 2018. According to the company managing director Alexander Barykov, VMZ has started reassembling shops. The works intends to produce the first batch of pipes during the next year, and after that a mass production will be organized. Investments in the…
In January-August Chukotka Autonomous District yielded 17.1 tons of gold, down by 12% YoY. In particular, ore gold totaled 15.3 tons, down by 15% YoY, and 1.8 tons – alluvial gold, up by 17% YoY. Silver output reached 87.8 tons, down by 20% YoY. Ore gold output decline is connected with the thinning of reserves…
Uralcable has put in operation a new Italian extrusion line valued at 51.4 million rubles (750 thousand euro). The capacity of the new line is 10 times higher compared to the old one, which has been disassembled. “The speed of the Frigeco line is 800 meters per minute. Our old line could not do more…
Zaporozhkoks will increase the volume of coke gas supplies to Zaporizhstal to 17 million cubic meters per year. Under the energy efficient project to supply secondary gases to Zaporizhstal, Zaporozhkoks has modernized the coke gas regulator of the waste-heat boiler. This allowed decreasing volume of gas going to the boiler to 2 thousand cubic meters…
A consortium of China Coal Technology & Engineering Group Corp. and China Railway Tunnel Group Co., Ltd. has started the main preparatory work within the project to modernize capacities of Uzbekistan’s Shargunkumir JSC, an official with the Uzbekcoal JSC reported. The project worth $94.5 million is expected to be implemented in the first quarter of…
Azerbaijan’s State Property Issues Committee and the Ministry of Economy prepared proposals for the improvement of Azeraluminium JSC. This was stated in a report on evaluation of the results of implementing the Strategic Road Map for the development of heavy industry and machinery in Azerbaijan. The prepared proposals also include the possibility of granting deferral…
A new increase in prices for raw materials and rolled metal on world markets will be a basis for Russian companies to increase sale prices for local market in October. MMK has already informed its customers on the price rise in October: by 10% for hot-rolled metal, including coils, by 5% for cold-rolled coils, by…
In January-August Chukotka Autonomous District mined 317.4 thousand tons of coal, up by 68% YoY. At present 2 companies develop coal sites – Shakhta Ugolnaya and Beringpromugol LLC. In 8 months Shakhta Ugolnaya shipped 153.5 thousand tons of coal, down by 19% YoY, while Beringpromugol mined 163.9 thousand tons at the Fandyushkinskoye deposits. This year…
