Russia: SUEK puts new face into operation at Taldinskaya-Zapadnaya 2 mine

SUEK has put a new long face No. 70-10 at the Taldinskaya-Zapadnaya 2 mine into operation.

The expected output is 500 thousand tons of coal per month. The reserves of the face will be enough till the end of the year.

SUEK invested over 2.3 billion rubles into the project. (Ukrainian metal)

Russia: Stoylensky GOK gets new technical director

Alexei Scherbakov has been appointed the technical director of Stoylensky Mining and Processing Works, a part of NLMK.

He will be responsible for improvement of the manufacture efficiency, technological processes and machinery, development of technical policy and technological development, as well as for reconstruction and technical modernization. (Ukrainian metal)

Russia: Evraz to expand beam range

Evraz is working on a new GOST to improve and expand the range of flanged beam in Russia.

At present the group already produces 135 sections of new GOST and 89 foreign analogues. The new document provides for the import replacement, EvrazHolding metal structures development manager Evgeniy Samarin said. (Ukrainian metal)

Ukraine: UGOK concentrate output up in May 2017

In May Yuzhniy Mining and Processing Works increased concentrate output by 13.7% YoY, to 1044.5 thousand tons. According to the company statement, its sinter output dropped by 25.5% YoY, to 167.2 thousand tons. In January-May UGOK produced 5084.5 thousand tons of concentrate and 742.8 thousand tons of sinter, up by 12.4% and down by 1.9%…

Ukraine: KRIOIC mine collapses

There has been a cave-in at the Oktyabrskaya mine of the Krivoy Rog Iron Ore Industrial Complex.

The rock collapsed at the depth of 1220 meters on June 6 at 8:55 local time.

According to the preliminary information, one miner has been trapped.

The rescue operation is underway. (Ukrainian metal)

Russia: Polyus to increase gold output

Polyus has published its forecast for 2017-2019. Since 2013 the company has increased gold output by 19%, to 1968 thousand ounces. According to the results of Q1, the company confirms its forecast for this year of 2.075-2.125 million ounces of gold. In 2018 the output will increase to 2.35-2.4 million ounces, and in 2019 –…

Russia: Izhstal repairs EAF

Izhstal has finished capital repairs of its electric arc furnace, which produces alloyed, stainless and speed steels. “The EAF-25 produces the most profitable products. So we pay special attention to the conditions of the furnace. The repair will provide for the faultless operation of the furnace and decrease energy consumption and refractory materials usage”, the…

Russia: Sberbank and Severstal to collaborate on using blockchain technology

Sberbank and Severstal, the vertically integrated mining and metallurgical company, have announced collaboration in technological innovation. This year at the 11th St. Petersburg International Economic Forum Severstal and Sberbank presented their latest prototype, which would enable the secure transfer of international letters of credit using blockchain technology. During the demonstration, the companies tested the prototype…

Ukraine: Yuzhniy port to buy steel rope from Yuzhmetiz

The state enterprise Sea trade port Yuzhniy has chosen Yuzhmetiz LLC the supplier of steel ropes valued at almost 3 million UAH.

The company was created in 2001 and started participating in state tenders in 2009.

Another contender was the private firm Oriya. (Ukrainian metal)

Russia: CherMK completes sheet shop repair

Cherepovets Iron and Steel Works has finished repairs in the sheet-rolling shop valued at 10.8 million rubles.

In particular roll ovens No. 1 and 2 have been repaired. The overhaul was carried out by the specialists in 4 days.

Some 40 employees were involved in the work. (Ukrainian metal)

Russia: Renova Group seeks control over Petropavlovsk

Multi-industry holding Renova Group of businessman Viktor Vekselberg will endeavor to obtain control over Petropavlovsk Plc, which operates gold deposits in Russia and in which Renova holds a 22.34% share stake and a 6.88% convertible bond stake. Renova and friendly funds Sothic Capital Management and M&G Debt Opportunities, part of Prudential, jointly holding about 40%…