In January-March, Russia produced 15.2 million tons of rolled metal, up by 0.7% YoY. In March output grew by 3% MoM, but dropped by 5% YoY. According to the Federal Service of State Statistics, pig iron manufacture decreased by 1%, to 12.9 million tons, with March results down by 5.4% YoY, but up by 1%…
Magnitogorsk Iron and Steel Works (MMK) has commissioned sinter machine No. 1, which has produced the first sinter for the blast furnace shop, at the construction site of sinter plant No. 5. The launch was attended by the Chairman of the Board of Directors of MMK Victor Rashnikov and General Director Pavel Shilyaev. “The construction…
This year the Brindakit LLC, developing alluvial gold sites in the Republic of Sakha (Yakutia), has decreased its annual target by 9.8% YoY. In particular, this year the enterprise intends to extract 92 kg of gold, while last year the output was 102 kg. The decrease has to do with the thinning of alluvial nodes.…
PJSC Magnitogorsk Iron and Steel Works (MMK) has shipped the first batch of rolled products with new consumer properties. Improved quality characteristics of hot-rolled sheet metal are obtained through the use of a unique technology, which cleans scale from the surface of the sheet. The emergence of new steel products with unique quality properties was…
A cave-in occurred at the Pokrovskoye Mine Group. As a result, one miner perished and two were injured. The accident happened in the ventilation shaft. Pokrovskoye Mine Group is the largest miner of coking coal in Ukraine. (Ukrainian metal)
An Association of precious metals manufacturers has been created. The association was created on the initiative of the Tau-Ken Samruk company. At present 7 companies are members of the association. Association of mining and metallurgical enterprises has been operating for over 10 years in Kazakhstan. Tau-Ken Samruk, as well as major gold-extracting enterprises are also…
Karelsky Okatysh has received a new TEM18DM locomotive. This is the second environment-friendly railroad machine at the enterprise. The locomotive will deliver cargo to the Tovarnaya station. With the 720 kW engine the locomotive can transport up to 5 thousand tons of cargo, while saving some 10% of the fuel. At present Karelsky Okatysh operates…
In January-March, Ukraine imported $6.9 million worth of gold, silver and platinum. According to the State Fiscal Service, gold imports reached $4.7 million, silver – $1.2 million and platinum – $1 million. The largest supplier of gold was Switzerland. In 3 month it supplied $4.1 million worth of gold. Germany supplied the most platinum –…