Russia: Karelsky Okatysh modernizing large trucks fleet

Karelsky Okatysh is preparing to put into operation a new BelAZ dump truck.

The company specialists are now assembling it.

The lifting capacity of the machine is 240 tons, but the company intends to transport some 230 tons.

By June the company will have received three more similar trucks. (Ukrainian metal)

Ukraine: UGOK concentrate output down in March 2018

In March Yuzhniy Mining and Processing Works decreased concentrate output by 0.6% YoY, to 1042.9 thousand tons. Sinter output grew 2.1-fold, to 230.4 thousand tons. In January-March UGOK produced 3012 thousand tons of concentrate and 521.4 thousand tons of sinter, down by 1%, but up by 15.7% YoY, respectively. In 2017 UGOK increased concentrate output…

Russia: BrAZ profit down in 2017

In 2017 Bratsk Aluminum Works received 2.76 billion rubles of net profit, down by 26.2% YoY.

According to the company statement, its revenue decreased by 14.6%, to 93.97 billion rubles, while gross profit grew by 12.8%, to 9.01 billion rubles.

The company has not disclosed the reasons for the changes. (Ukrainian metal)

Russia: ChTPZ and TMK pipes demand falling

In 2017 the market of large diameter pipes saw a considerable fall. Chelyabinsk Pipe Works and Pipe Metallurgical Company were left almost without orders. According to ChTPZ, the demand for LDP (530 to 1420 mm) decreased by 25%. In 2016 Russia sold 2.1 million tons of pipes, while in 2017 – 1.6 million tons. Analysts…

Russia: Irkutsk region gold output up in Q1 2018

In January-March Irkutsk region yielded 3259.2 kg of gold, up by 34% YoY. Ore gold accounted for 3258.6 kg. In particular, Polyus Verninskoye extracted 1605.8 kg, Vysochaishiy – 1102 kg, Druza LLC – 180.8 kg and Ugakhan LLC – 370 kg. Alluvial gold output totaled 0.6 kg, all obtained by Lenzoloto enterprises. In January-February gold…

Russia: Mechel to increase coal output

In 2018 Mechel intends to reach coal output at the level of 23.3 million tons. “In particular, UKUZ is expected to yield 9.5 million tons, Yakutugol – 8.5 million tons and Elga – 5.3 million tons. Coking coal concentrate will total 10.7 million tons. Power-generating coal output – 5.8 million tons”, the company CEO Oleg…

Ukraine: EU stops ferrosilicon imports investigations

The European Union decided to stop the antidumping investigation on the imports of ferrosilicon from Ukraine and Egypt.

The European Commission announced the cancellation of the investigation on April 4, as the Association of European ferro-alloy Producers had revoked its application on February 27.

The antidumping investigation began in August 2017. (Ukrainian metal)