A manufacturing complex of metal wares machining will be constructed in Dzerzhinsk for 296.5 million rubles. The Ardmanol Company has been given a land plot with the size of 26 thousand square meters. The company intends to construct the complex in 16 months. (Ukrainian metal)
Interpipe has concluded a direct contract for the delivery of railroad wheels to Kazakhstan Temir Zholy (KTZ, Kazakhstan Railways). Under the agreement the company will supply 6 thousand wheels in 2019 and 20 thousand wheels in 2020. Previously Interpipe has never been cooperating with KTZ directly, supplying the wheels to car-repair plants. The suspension of…
A Polymetal International mine has suspended operations because of a fire, a representative of the regional emergency services reported. “A fire broke out at a mine of the Omolon Gold Mining Company on the depth of almost 400 meters. 15 miners were evacuated to the surface,” the official said. (Prime/Ukrainian metal)
Irshansk Mining and Processing Works has ordered Vostoc avtomir LLC the delivery of a car for 1.35 million UAH. The company has to supply Toyota Land Cruiser Prado, Prestige 4.0 Dual VVT-i. The price of such a car in stores is 1.37 million UAH. The purchase was carried out without an auction. (Ukrainian metal)
Fineurovector LLC and Alfa Kros LLC have announced their intention to buy respectively 24.5667% and 24.95% of the Kremenchuk Steel Works, a part of TAS Group. At present the companies own no shares of KSZ. As of Q2 Sertako Limited owned 29.0254%, Devisal Limited – 17.1879% and Defano Investments Ltd – 48.4421%. All these companies…
In August Russia imported 84 thousand tons of manganese ore and concentrate, down by 27.6% MoM, but up by 28% YoY. Deliveries from South Africa decreased 2.5-fold, to 33.7 thousand tons. Imports from Kazakhstan and Gabon grew by 40% and by 68% MoM, to 19.3 and 30.1 thousand tons respectively. In January-August imports totaled 720…
Prospectors have discovered a new promising gold-quartz-sulfide and gold-quartz Baukomskaya field in the mountainous parts of the Zakkadon River valley in the Republic of North Osetia – Alania. The R3 reserves on the area of 18 square km are estimated at 213 tons with gold content of 1.78 g per ton. The R1 potential could…
In July-September Evraz decreased steel output by 3.4% QoQ, to 3.38 million tons. In North America sales dropped by 13.2%, to 427 thousand tons. In 9 months the figure grew by 1.9%, to 1.421 million tons. Overall steel output in January-September increased by 4.5%, to 10.366 million tons. Steel sales in Q3 went up by…
