In January-September Kurilgeo LLC, extracting precious metals on the Urup isle, increased gold output by 12% YoY, to 856 kg, and silver – by 40%, to 3.3 tons. The increase is due to the mining of ore with high metal content. This year Kurilgeo intends to extract 1065.7 kg of gold and 3267.7 kg of…
Dneprovsky Iron and Steel Combine has blown its blast furnace No. 12. At present the company operates with all of its blast furnaces – Nos. 1M, 9 and 12. In September BF-12 was shut down because of the drastic decrease in metal price and demand. During this delay the company performed the repair of the…
Last week the price of one ounce of gold increased by 40.40 manats ($23.7) or by 1.6%, to 2,551 manats ($1,501). The price of one ounce of silver grew by 1.28 manats ($0.75 cent) or by 4.3%, to 30.24 manats ($17.7). The price of one ounce of platinum went up by 20.85 manats ($12.2) or…
Baltkat, a resident of the special economic zone in Ozersk, will be producing oxygen-free copper wire rod. Investments in the project totaled 90.8 million rubles. Annual output is estimated at 5 thousand tons. In 2018 the company was the first in Russia to receive a Fund of Industry Development loan of 56 million rubles. The…
In 2019 Cherepovets Iron and Steel Works has commissioned 5 electric overhead traveling cranes of its own make. Investments in the crane program this year have exceeded 1 billion rubles. A pit crane has been commissioned in the foundry billet shop. Its lifting capacity is 115 tons. It is used to transport hot slabs to…
Evraz Metal Inprom has supplied over 1800 tons of beams for the construction of the Angara space rocket-launching complex in Amur region. The low-alloyed flanged beams with the section of 200 to 700 mm manufactured at Evraz NTMK are used to produce metal structures, as well as main and auxiliary buildings. Shipping started in August,…
The authorities of the Khabarovsk region are trying to maintain the normal operation of Amurstal. “The situation around the company has been created artificially. There are no economical reasons for it. Other sectors of the economy are also dependent on Amurstal. We understand what is going on and are actively working to make the company…
In 2019 Kosaya Gora Iron and Steel Works increased FMn78 ferromanganese sales by 21 thousand tons or by 32% YoY, to 87 thousand tons. Foundry products output reached 3 thousand tons, up by 30%. KMZ is the leading manufacturer of premium pig iron grades in Russia. Their share in the 2019 sales totaled 66%, with…