In July Druzhkovka Machine-Building Works, a part of Corum Group, finished manufacturing and supplied 8 trolleys and 3 locomotives to Vorkutaugol. The machines will be used to transport people and cargo in mines. This is not the first order – Vorkutaugol mines have been receiving trolleys and locomotives since 2013, with the latest delivery occurring…
Kinross Gold is preparing to start developing the Moroshka and Sentyabrskoye deposits in Chukotka. Moroshka reserves are estimated at 6.86 tons of gold and 60-70 tons of silver, enough for 2 years. Kinross Gold started operating at the Kupol deposits in 2008, and the Dvoynoy deposits are being developed since 2013. The combined reserves at…
In 2017 Yakutugol plans to invest some 3.5 billion rubles into technical revamp of its subsidiaries. According to the manufacture director Ivan Tsepkov, investments will grow 3.5-fold YoY. This year the group has already purchased three Liebherr R9200 excavators, two Uralmash excavators and three KamAZs for its Neryungrinsky open-pit. Jebariki-Haya pit will receive equipment and…
In January-June Beloretsk Iron and Steel Works increased sales of its premium products by 5.5% YoY. In particular, BMK sold 237 thousand tons of metal wares, up by 1% YoY. Wire, rods, sections and ropes showed the increase of 2.6-fold. Sales of steel mesh and structural shapes increased by 42% and by 34% respectively. Steel…
After almost 4 months of idleness Dneprovsky Iron and Steel Combine, a part of the Industrial Union of Donbass Corporation, has put into operation two of its blast furnaces. According to a company representative, the blast furnace No. 1M started operating on July 22, and BF9 on July 23. In several days the works will…
In May Donetsk region decreased pig iron output by 21.7% YoY, steel – by 18.4% and rolled metal – by 24.9%. Pig iron output in January-May dropped by 13.5% YoY, to 3.4 million tons, steel – by 6.4%, to 3.5 million tons, and rolled metal – by 7.9%, to 1.9 million tons. Despite the decrease…
In August Ukrainian metal companies intend to produce 1.7 million tons of steel. According to Ukrmetallurgprom, pig iron output is forecast at 1.4 million tons and rolled metal – at 1.6 million tons. For July Ukrmetallurgporm forecasts were: steel – 1.7 million tons, pig iron – 1.6 million tons, rolled metal – 1.4 million tons.…
The Splav Corporation has shipped the first 30 kits of safety relief valves to Altaiwagon in advance. By December the corporation will have to supply over 200 kits of valves for new railroad cars. “One of our main goals is not only manufacture in time, but in advance. The valve manufacture is a separate production…
