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Author Archives: admin

Russia: Pskovvtormet gets another Sberbank loan

PskovvtormetBy admin20.06.2017Leave a comment

Sberbank has opened a 800-million ruble loan to Pskovvtormet. The money will be spent to finance the company current activity and fulfill current obligations. Pskovvtormet was created in 1993 and is a leading enterprise in Pskov region, procuring, processing and selling ferrous scrap and wastes. The company has 16 sites in various regions, with several…

Russia: Profil-Akras results for May 2017

pipesBy admin20.06.2017Leave a comment

In May Profil-Akras produced 15.6 thousand tons of pipes and sold 17 thousand tons, with 2.2 thousand tons exported. The Pipe Works “Profil-Akras” named after Makarov specializes in the manufacture of electric-welded pipes for water and gas pipelines and heating systems. (Ukrainian metal)

Russia: Kolyma yields 7.5 tons of gold in 5 months

goldBy admin20.06.2017Leave a comment

In January-May Magadan region obtained 6.1 tons of ore gold and 1.4 tons of alluvial gold. Gold output in the region increased by 47% YoY, mostly due to the gold-mining company Pavlik, which in 5 months mined 1.5 tons of ore gold. This year the region intends to get 30.5 tons of gold (14.8 tons…

Russia: Uchaly GOK replaces mill

Uchaly Mining and Processing WorksBy admin20.06.2017Leave a comment

Uchaly Mining and Processing Works carries out the technical modernization of its processing factory grinding shop. In particular a 3200 mm ball mill has been replaced with a 3600 mm ball mill. “The replacement of the mill allows us reaching finer grinding of ore, which will improve copper and zinc extraction”, the company manufacturing-technical department…

Russia: CherMK finishes coke battery No. 4 disassembly

Cherepovets Iron and Steel WorksBy admin20.06.2017Leave a comment

Cherepovets Iron and Steel Works has finished the disassembly of its coking battery No. 4. All the work was performed in a record-short time – just 5 days. At present the concrete structures of the foundation are being examined. Then the refractory lining will be made. The total cost of the project is 6 billion…

Russia: RUSAL offers stake in Taishet smelter to RusHydro

RusalBy admin20.06.2017Leave a comment

UC RUSAL has offered RusHydro a stake in the future $1.4-1.6 billion Taishet Aluminum Smelter in exchange for some debt of the smelter and a discount for the power the hydropower company will sell to it. Earlier in June, RUSAL CEO Vladislav Solovyov said that the company offered RusHydro a 50% stake in a project…

Russia: ferroalloys exports down in January-April 2017

ferroalloysBy admin20.06.2017Leave a comment

In January-April Russia exported 238.5 thousand tons of ferroalloys, down by 20.5% YoY, valued at $413 million, up by 14% YoY. The main importers, according to the customs statistics, were the Netherlands (75.2 thousand tons, down by 22.5%), followed by Japan (44.8 thousand tons, down by 4.7%) and South Korea (27.7 thousand tons, up by…

Ukraine: Volnogorsk GOK buys 52 million UAH worth of dump trucks

Volnogorsk Mining and Processing WorksBy admin20.06.2017Leave a comment

Volnogorsk Mining and Processing Works has ordered BelAZ Technocenter LLC the delivery of 51.73 million UAH worth of trucks. This year the company will supply 6 quarry dump trucks BelAZ-75473 with the lifting capacity of 45 tons at 8.62 million UAH apiece. The trucks must have been manufactured not earlier than in 2011. (Ukrainian metal)

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…1,9351,9361,9371,9381,939…
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