Russia: EZOTsM gets 1 kg of African gold

The Yekaterinburg Customs has for the first time registered 1 kg of gold delivered from Guinea at the order of Yekaterinburg Non-Ferrous Metals Processing Works. The ingot is valued at $39 thousand. Not all African countries mining for gold have facilities to process it. This is a trial batch. At present the ingot is being…

Russia: demand for Copper Pipes Works products growing

In Q2 the demand for the Copper Pipe Works products increased by 25% YoY.

So far the company has orders up until October.

The company products are in demand not only in Russia, but abroad as well. (Ukrainian metal)

Ukraine: coal mining down in H1 2017

In January-June Ukraine mined 18.435 million tons of coal, down by 2.9% YoY, or by 556.8 thousand tons. According to the Ministry of energy and coal industry, coking coal output dropped by 24.7%, or by 1.11 million tons, to 3.387 million tons, while that of power-generating coal increased by 3.8%, or by 555.4 thousand tons,…

Russia: MMK launches new galvanizing unit

PJSC Magnitogorsk Iron and Steel Works has commissioned the continuous hot-dip galvanizing unit No. 3. The unit will increase MMK’s capacity for the production of galvanized steel by almost 20%, to more than 2 million tons a year. The unit is designed to produce zinc-coated products through the hot-dip galvanizing of cold-rolled, thin-sheet, low-carbon steel.…

Ukraine: UGOK concentrate output up in June 2017

In June Yuzhniy Mining and Processing Works produced 997.4 thousand tons of concentrate, up by 12.8% YoY.

According to the company statement, sinter output dropped by 9.3%, to 150.3 thousand tons.

In January-June UGOK increased concentrate production by 12.5% YoY, to 6.082 million tons, sinter output fell by 3.2%, to 893.1 thousand tons. (Ukrainian metal)

Russia: Sibcable increases copper and aluminum consumption

In January-June Sibcable processed 7.5 thousand tons of copper, up by 15.5% YoY.

Aluminum processing reached 1.5 thousand tons, up by 48% YoY.

Total metal consumption increased by 25% YoY.

In H1 the company produced 18 thousand km of cables and wires. (Ukrainian metal)

Kazakhstan: iron ore output up in H1 2017

In January-June Kazakhstan mined 19.07 million tons of iron ore, up by 10.4% YoY. According to the Ministry of the national economy, copper ore output totaled 48.528 million tons, up by 36.3% YoY, gold-containing ore – 8.733 million tons, down by 1.8%, chromium concentrate – 2.208 million tons, up by 11.1%. Kazakhstan holds the 7th…

Russia: Severstal-Sheksna appoints CEO

On July 14 Andrey Yegorov was appointed the CEO of the pipe and sections works of Severstal in Sheksna. Previously he worked as the shop director there. In his new office Yegorov will go on improving production and realizing the investment program, in particular the construction of the automated complex to produce driven piles. Ilya…

Russia: SUEK net profits up in H1 2017

In January-June Siberia Coal and Power Company increased its net profits 3.4-fold YoY, to $322 million. The company earnings went up 1.5-fold, to $2.661 billion. Capital investments totaled $313 million, up 2-fold YoY. EBITDA increased 1.7-fold, to $716 million. Coal mining in 6 months reached 53.6 million tons, up by 1% YoY. Coal sales increased…

Ukraine: scrap export duty prolonged

The Verkhovnaya Rada of Ukraine has prolonged the scrap export duty of 30 euro per ton till September 15, 2018. The bill No. 6382 has been supported by 247 people’s deputies with the minimum required number of 226. According to the bill note, its goal is to regulate scrap export and decrease scrap shortage on…

Russia: Aluminum Association approves of Sverdlovsk region producing aluminum semis

Sverdlovsk region aluminum companies are capable of producing almost any semi-finished products on their own and substituting imports. According to the Aluminum Association chairman Valentin Trischenko, at present the region imports some 3.5 thousand tons of aluminum semis. “The potential of the regional aluminum companies allows not only substituting imports, but even exporting products”, he…

Russia to get new rebars GOST in 2018

From January 1, 2018 Russia will get the new interstate GOST 34028-2016 “Rolled reinforced bars for ferroconcrete structures. Technical conditions”, which will replace the current standards. According to the Center of standardization and metal products certification of the Research institute on ferrous metallurgy named after Bardin, the new GOST sets obligatory characteristics, which the rebars…