Interpipe-NTZ has replaced two of its cranes. In particular, one crane was replaced at the site of wheel finishing and another at the site of wheel manufacture. “Because of the repairs of outdated machinery, the delay in operation of both sites has increased. This was the reason for the machinery modernization”, the company reported. Investments…
Severniy Katpar LLC has started developing a pre-feasibility study for the construction of a mine at the Severniy Katpar tungsten deposit. The study will be prepared by a local enterprise – Kazgioprtsvetmet LLC (Kazakhstan main institute of non-ferrous metallurgy enterprises design). In 73 years, the institute has participated in the development of projects for some…
Severniy Mining and Processing Works has revealed its investment program for the year. The company intends to start hot testing of the technological line of the second stage of the cyclic and continuous technology at the Pervomaysky quarry. Three electric filters at the LURGI 552 A pelletizing machine will be replaced. This will allow decreasing…
In January-April, Ukraine produced 275.9 thousand tons of pipes, down by 28.3% YoY. Ukrtruboprom association companies decreased output by 37.1%, to 180.6 thousand tons. In particular, Interpipe NTZ produced 53.4 thousand tons of pipes (-40.1%), Interpipe NMTZ – 23.5 thousand tons (-38%) and Interpipe Niko Tube – 96.2 thousand tons (-32.2%). Dneprovsky Pipe Works produced…
In January-April, Ukraine procured 913 thousand tons of scrap, down by 12% YoY. 901 thousand tons (98.7%) accounted for imported scrap. Export decreased by 59%, to 12 thousand tons. In April, metal companies received 13.1% more scrap than needed – 220.6 thousand tons as opposed to the need of 195 thousand tons. The largest scrap…
In January-March, the volume of capital investments in metal industry decreased by 13.2% YoY, to 4.6 billion UAH. According to the State Statistics Service, the share of metal industry was 30.1% of all industrial investments. Investments in mining dropped by 31.3%, to 9.7 billion UAH. Their share was 31.7%. In 2019, capital investments in metal…
Russia’s gold output rose by 9.29% YoY, to 343.54 tons in 2019, the Finance Ministry said citing the data on raw materials supplies to the refining plants. Mined gold output rose by 8.22%, to 286.05 tons, and by-product gold output by 23.14%, to 19 tons, while secondary gold production grew by 11.31%, to 38.49 tons.…
Dneprovsky Iron and Steel Works has finished all repair works and is preparing to resume operation after a 7-month pause. DCH program presupposes investments of $300 million during 5 years in DCH Steel (DMZ and Sukhaya Balka). After repair, the works is gradually launching the operation of its blast furnace, oxygen-converter and rolling shops. DMZ…