Russia: Evraz NTMK modernizes CCM No. 1 automatization system

Evraz NTMK has finished modernizing the automatization system of the continuous casting machine No. 1.

The system has been in used since 1995 and has been based on Siemens S5 equipment.

Following the modernization the company has switched to S7. (Ukrainian metal)

Ukraine: scrap exports down in 2018

In 2018 Ukraine decreased scrap exports by 33% YoY, to 327.547 thousand tons, valued at $105.646 million, down by 13.3%. According to the State Fiscal Service, in December 2018 Ukraine exported 7.488 thousand tons of scrap, in November – 3.863 thousand tons, in October – 8.274 thousand tons, in September – 7.59 thousand tons, in…

Ukraine: UGOK output down in 2018

In 2018 Yuzhniy Mining and Processing Works decreased concentrate output by 0.2% YoY, to 12.247 million tons. According to the company press-service, sinter manufacture dropped by 6.04%, to 1.746 million tons. In December 2018 UGOK produced 986.3 thousand tons of concentrate and 195 thousand tons of sinter, up by 8.6% and by 46.07% YoY respectively.…

Ukraine: state miners owed 200 million UAH

As of December 1, 2018 the salary debt to state miners was over 196 million UAH.

The total indebtedness was 234.7 million UAH, up by 84.1 million UAH since the start of the year.

Recently the Kurakhovskaya mine employees have announced a hunger strike because of non-payment of salary. (Ukrainian metal)

Ukraine: OTP sells Interpipe debts with discount

OTP Bank has sold the rights to demand teh return of the problem loan from Interpipe with a discount of up to 80%.

The loan of $10 million was provided in 2013.

Lately the company has not been servicing the debt in full. (Ukrainian metal)

Ukraine: AMKR employee dies under dump truck

An employee of ArcelorMittal Kriviy Rih has perished as a result of the falling under the wheels of a BelAZ.

According to the press-service, the department of the National police in Kriviy Rih has started an investigation under the clause of the labor safety violation. (Ukrainian metal)

Ukraine: AMKR prepares half a thousand gifts for the children of the Grechanopodovska community

Shyrokovskyi district requested PJSC ArcelorMittal Kriviy Rih to purchase New Year gifts for children. 558 sweet sets were handed over to the community. Funds for gifts purchasing were provided by the Charity Fund of the company. Before the New Year, the children from fourteen villages of the community, on which territory there are three kindergartens…

Kyrgyzstan: government commission set up to check water pollution at Kum-Bel deposit

An interdepartmental working commission has been established to study the situation at Kum-Bel coal deposit, the Information Support Department of the Cabinet of Ministers reported. “Problems that have arisen at Kum-Bel coal deposit are being studied now. Samples were taken for water analysis. According to the materials of the interdepartmental working group, they will make…

Kazakhstan: Kazatomprom’s net profit up in 2018

Currently, Kazatomprom JSC develops 14 of 56 explored deposits with balance reserves of uranium, the company reported. Today the company, which is the world’s largest producer of natural uranium, is engaged in mining in the Turkistan, Kyzylorda and Akmola regions. “All uranium products of Kazatomprom are exported. Over the past months of this year, the…

Uzbekistan: AGMK and South Korea to create innovative center to study rare metals

Korea Institute for Rare Metals (KIRAM) and Almalyk Mining and Processing Works will create a joint scientific center on rare metals and alloys. The corresponding agreement has already been signed. The center will comprise 5 laboratories to obtain refractory metals, in particular, tungsten and molybdenum, as well as alloys using nano- and chemical-metallurgical techniques. (Ukrainian…

Kazakhstan: metal prices up in 2018

Last year the prices of industrial manufacturers grew by 19% YoY. According to the Statistics Committee of the Ministry of the National Economy, in particular, coal became 10.7% more expensive and metallic ores – 2.2%. Prices of ferroalloys grew by 24%, of rolled metal – by 15.4%, of aluminum – by 3.8%, and of copper…

Ukraine: Zaporizhstal output up in 2018

In 2018 Zaporizhstal increased steel production by 4.6% YoY, to 4.105 million tons. According to the company statement, pig iron manufacture grew by 15.6%, to 4.386 million tons, and rolled metal – by 10%, to 3.537 million tons. In December 2018 Zaporizhstal produced 358 thousand tons of pig iron, 344.1 thousand tons of steel and…