Russia: new gold projects foreseen for Irkutsk region

Several gold-extracting projects will be carried out in Irkutsk region. Polyus intends to commission the Sukhoi Log deposits by 2026. The capacity of the gold-extracting factory is expected at 30 million tons of ore with the average gold output at 1.6 million ounces per year. Investments will total $2-2.5 billion. Meanwhile Polyus Verninskoye has received…

Russia: Ferrum commissions fifth pipe mill

In mid-June the group of companies Ferrum (Novosibirsk) has put into operation the fifth pipe mill TESA 48-133.

The mill produces electric-welded straight seamed pipes with the diameter of 48-133 mm.

The total capacity of the mill is up to 6 thousand tons of pipes per month. (Ukrainian metal)

Ukraine: EMSS passes environment management system audit

In order to check the compliance of the Energomashspetsstal environment management system to the ISO 14001:2015, the company has been visited by QSCert-Ukraine B.V specialists. They have checked 17 structural subdivisions of the company, studying the documents dealing with environment protection and speaking with the directors and the personnel. The information obtained during the audit…

Ukraine: scrap deals to be free from VAT

Ukrmetallurgprom and the Ukrainian association of secondary metals UAVtormet have addressed the Verkhovna Rada asking it to free the scrap metal operations from VAT. “This will make it impossible to some companies to carry out operations, which allow them to get the VAT reimbursed from the state budget”, the letter said. According to the letter,…

Ukraine: miner dies at Rodina mine

A miner died at the Rodina mine of the Krivoy Rog Iron Ore Industrial Complex.

The 32-year old employee was carrying out hazardous work.

According to the police, the preliminary reason of death is the electric shock. (Ukrainian metal)

Ukraine: scrap procurement falling

In 2018 Ukraine witnesses the falling of ferrous scrap procuring. In 5 months procurement totaled 1.51 million tons. “Since early March ArcelorMittal Kirviy Rih has been excluded from scarp procurement list. That’s some 30-40 thousand tons per month”, the UAVtormet association president and Keramet CEO Vladimir Bubley said. According to him, scrap procurement has also…

Ukraine: US bound to cancel steel duties

Ukrainian companies can count on being excluded from the US steel and aluminum sanctions lists. “We believe that we can seriously rely on being excluded from the duties lists. US is rather seriously reviewing our arguments”, deputy minister of economical development and trade, trade representative of Ukraine Natalia Mikolskaya said following the negotiations with US…

Russia: Trading House MMK sales up in 2017

In 2017 Trading House MMK sold 1.2 million tons of metal valued at over 46 billion rubles.

The share of the end customers reached 65%.

TH MMK, an official seller of MMK products, has 30 divisions in Russia and 5 in Kazakhstan.

Its strategic regions are the Urals, Povolzhye and Siberia. (Ukrainian metal)