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Author Archives: admin

Kazakhstan: Aktyubinsk Copper Company purchases special machinery

Aktyubinsk Copper CompanyBy admin24.06.2019Leave a comment

Aktyubinsk Copper Company has purchased new special machinery to develop the Vesenne-Aralchinskoye deposit. The batch comprises 7 dump trucks, 3 loaders and 2 drilling rigs. The lifting capacity of the loaders is 10 tons, and of the trucks – 20 tons. The deposit is situated both on the territory of Kazakhstan (southern part) and Russia…

Russia: Natalkinskaya Factory to get new tailing dump

PolyusBy admin24.06.2019Leave a comment

In early 2021 Polyus Magadan will commission a new tailing dump at the Natalkinskoye deposit in Magadan region. The lifetime of the dump will be 19 years. It will be able to store 170 million cubic meters of rock. The new dump will be situated next to the current temporarily tailing dump in the Intrigan…

Russia: CherMK commissions two bridge cranes

Cherepovets Iron and Steel WorksBy admin24.06.2019Leave a comment

Cherepovets Iron and Steel Works is carrying out a program to replace cranes. Thus, a new Baltkran electric bridge crane No. 26 with the lifting capacity of 40 tons has been assembled in the metal treatment shop No. 2. Another 20-ton crane has been commissioned in the metal treatment shop No. 1. CherMK has also…

Russia: NLMK-Metiz to increase wire-manufacturing capacities

NLMK-MetizBy admin24.06.2019Leave a comment

NLMK-Metiz has concluded an agreement to assemble a bell type furnace in the steel wire shop. The furnace will be used for the pelletizing of wire. The wire with the diameter of 1.2 to 6 mm is one of the most sought-after products of the company. Annually NLMK-Metiz produces some 30 thousand tons of thermally…

Ukraine: UZ to double coal, iron ore and ferrous metals transportation

metal industryBy admin24.06.2019Leave a comment

In case railroad transportation to the currently uncontrolled territories of Lugansk and Donetsk regions is resumed, Ukrzaliznytsia intends to have doubled the volumes of coal, iron ore and ferrous metals by 2030. According to the company strategy for 2019-2030, the export of ferrous metals will grow by 31.7% compared with 2018, to 21.809 million tons…

Russia: import of some types of Ukrainian pipes allowed

pipesBy admin24.06.2019Leave a comment

Russia has temporarily allowed importing some products from the sanctioned list. In particular, until October 1, 2021 it is allowed to import some types of pipe products. The sanctions on imports from Ukraine were applied in April. (Ukrainian metal)

Azerbaijan: precious metals market on June 17-21, 2019

precious metalsBy admin24.06.2019Leave a comment

Last week, the price of one ounce of gold increased by 100.2575 manats or by 4.4% in Azerbaijan, Trend reports. Accordingly, the average price of one ounce of gold stood at 2,317.1272 manats. The price of one ounce of silver grew by 0.9188 manats or by 3.6 percent, to 25.6702 manats per ounce. The price…

Russia: stainless steel imports up in May 2019

stainless steelBy admin24.06.2019Leave a comment

In May Russia imported 30824 tons of stainless steel products, up by 1.3% MoM, but down by 21.6% YoY. In particular, the import of flat rolled metal increased by 3.6% MoM, pipe fittings – by 14.9% and primary billets – by 172.3%. At the same time the imports of electric welded pipes dropped by 21.6%,…

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