Russia: NMZ modernizing slurry site in copper electrolysis shop

Novgorodsky Iron and Steel Works has put into operation a new Diemme filter-press within the modernization program of the slurry site of the copper electrolysis shop hydrometallurgical department.

The machinery allowed automating the process of electrolyte purification of slurry.

The cost of the new machinery is some 6 million rubles. (Ukrainian metal)

Russia: Krasniy Octyabr and ZEMZ developing cooperation

Since April Krasniy Octyabr Volgograd Iron and Steel Works has started receiving the billets for rerolling from Zlatoust Electrometallurgical Works.

This will allow the sheet-rolling shop of VMK to quickly and in full provide for fulfilling orders.

In January-February Krasniy Octyabr received some 600 tons of slabs from ZEMZ. (Ukrainian metal)

Russia: VIZ-Stal sales up in Q1 2018

In January-March VIZ-Stal increased metal output by 10% YoY, to 43 thousand tons. The company capacities were 99% loaded. Transformer steel sales grew by 13%, to 41 thousand tons. The positive dynamics has to do with the growth of the world demand for transformer steel. Exports accounted for 80% of sales. The key destinations were…

Russia: Rusal to fire 10-15% of employees

Following the US sanctions, as early as in June Rusal could decrease the number of its employees at Bratsk and Irkutsk Aluminum Works by 10-15%. This will happen if the company fails to sell in China all the aluminum previously exported to other destinations. The main sales markets for Rusal are EU (45%), while US,…

Ukraine: PGOK profits in 2017

In 2017 Poltava Mining and Processing Works received the consolidated net profit of 4.27 billion UAH as opposed to the consolidated net loss of 40.44 million UAH in 2016. According to the company statement, its EBITDA last year grew 16-fold, to 6.04 billion UAH from 377.42 million UAH in 2016. The net income increased by…

Russia: gold output in Buryatia up in Q1 2018

In January-March Buryatia obtained 0.86 tons of gold, up by 21.5% YoY, Zapadnaya artel LLC (Zapadnaya Mining) operated at the Kedrovoe deposits, and Buryatzoloto (a part of Nordgold) at the Irokinda and Kholbinsky mines. This year Buryatzoloto intends to invest 607 million rubles in drilling at its mines. Balance reserves of the deposits are estimated…

Ukraine: Mammoet helps repair Zaporizhstal BF3

Zaporizhstal has used innovation techniques during the capital repairs of its blast furnace No. 3. According to the company CEO Rostislav Shurma, Mammoet (the Netherlands) has greatly helped in the process. The Dutch delegation visited Zaporizhstal on April 20 to get to know the environment modernization of the plant. In particular, the semi-knock down assembly…

Lithuania: Dutch company to build metal processing plant in Klaipeda

Dutch metal processing company Focus Fabrication Group plans to build a 3,800 square meter metal processing plant in the port of Klaipeda by the middle of 2019.

The plant would produce various pipe constructions by processing 10,400 kilograms of metal a day.

Exports would mainly go to Western European oil and gas companies. (BNN/Ukrainian metal)

Ukraine: Selidovugol and Mirnogradugol buy 8 million UAH worth of mine sections

The state enterprises Selidovugol and Mirnogradugol have ordered the Donenergoexport LLC the delivery of mine sections at 4.2 million UAH and 3.87 million UAH respectively. In particular, Selidovugol ordered 105 tons of SVP-27 sections at 40 thousand UAH per ton, and Mirnogradugol – 100 tons at 38.76 UAH per ton. Had Selidovugol reached the Mirnogradugol…

Kazakhstan: Bakyrchik to yield 10.5 tons of gold from 2019

In 2019 the Bakyrchik Mining Enterprise LLC, a part of Polymetal, intends to reach the full capacity and yield up to 10.5 tons of gold per year at the Bakyrchik deposits.

The factory will be put into operation in 2 months.

Investments in the construction totaled $322 million. (Ukrainian metal)