For the last 6 years steel pipes consumption in Russia stabilized on the level of 10 million tons per year. Imports have decreased in the last 2 years, with 400 thousand tons imported in 2015-2016, as opposed to 1 million tons previously. At the same time Russian manufacturers increase exports. In 2016 the volume of…
Uralelectromed, a part of UMMC, has acquired 41.75% of the Malyshevskoye Mine Group. According to the company statement, in September the Federal Antimonopoly Service allowed it to buy 100% of shares. The share of the MRU feldspar concentrates on the Russian market is 25-27%, and of mica concentrates – 80-85%. In 2015 Malyshevskoye Mine Group…
Novolipetsk Iron and Steel Works has completed the project on refractory shop 4 electric air filters reconstruction, started in 2015. Thanks to the project the pollution from shop decreased by 18%. “The massive reconstruction of the filters started in 2015. The investments totaled 480 million rubles. Taking the new machinery into account, we now have…
The Energomashspetsstal non-destructive testing department has received the certificates of the British Institute of Non-Destructive Testing. Now the company can use the machinery under the PED 2014/68/EU. The company employs specialists of the 2nd and 3rd level of qualification according to EN ISO 9712:2012. (Ukrainian metal)
In 2016 Krasnoyarsk Krai companies are expected to increase gold output by 18% YoY. According to the regional ministry of industry, energy and trade, in 2015 the Krai mined 49.3 tons of gold, thus this year the yield could total 58 tons. Polyus and Sovrudnik, the regional major companies, are expected to mine around 50…
The board of directors of PJSC «MMC «Norilsk Nickel», the leading global nickel and palladium producer, approved of the company’s budget for 2017. In 2016, the company successfully completed all scheduled key investment projects including the development of high-IRR brownfield mining projects in the Polar division, the ramp-up of Skalisty mine, active construction phase of…
In November Ukraine produced 1909 thousand tons of pig iron, down by 1.5% MoM, or by 29 thousand tons. In January-November pig iron output increased by 8.7% YoY, or by 1727 thousand tons, to 21646 thousand tons. (Ukrainian metal)
Russia’s palladium and palladium alloy output rose by 1.7% YoY and by 23.8% MoM in November, the Federal State Statistics Service said. Platinum and platinum alloy production decreased by 22.5% YoY but rose by 6.3% MoM. In January-November, palladium and palladium alloy production remained flat, while platinum and platinum alloy output fell by 2.6%. Previously,…
