Severstal has concluded an agreement with Ust-Kamenogorsk Technical Machinery Works (Kazakhstan) on the delivery of an electric filter for the dust-exhausting system in the Cherepovets Iron and Steel Works sinter manufacture. The new equipment has been developed to fit the size of the old electric filter. Investments in the project amount to 100 million rubles.…
In 2018 Sibantrazit enterprises (Sibirsky Antrazit, Razrez Vostochniy LLC and Razrez Kiyzasskiy LLC) mined 24.1 million tons of coal and sold 23.7 million tons. The group revenue reached 132.8 billion rubles, up 1.9-fold YoY. Taxes paid amounted to 12.5 billion rubles, with profit tax accounting for 8.4 billion rubles. (Ukrainian metal)
In January-February Russia imported 0.86 million tons of ferrous metals, down by 23.5% YoY. In February imports fell by 14% MoM, to 0.458 million tons. According to the Federal Customs Service, the import of ferrous metals not counting pig iron, ferroalloys, waste and scrap totaled 0.726 million tons, down by 13.5% YoY. In February imports…
The gold ore reserves of Russia’s Polyus fell by 4.7%, to 64.4 million ounces as of December 31, 2018, as calculated under the JORC Code, the company said. Mineral resources rose by 0.8%, to 191.5 million ounces. (Prime/Ukrainian metal)
In January-March Ukraine imported 5.25 million tons of coal, down by 8.6% YoY. According to the State Fiscal Service, the value of the imported coal was $740.09 million, down by 2.7% YoY. In particular Russia supplied $476/95 million worth of coal (or 64.45%), USA – $212.57 million (28.72%), Kazakhstan – $31.07 million (4.2%) and other…
Gold and silver prices increased in Azerbaijan on April 9 compared to the prices on April 8. The price of gold grew by 5.083 manats, to 2,208.963 manats per ounce. The price of silver went up by 0.2041 manats, to 25.9451 manats. The price of platinum decreased by 7.4205 manats, to 1,535.797 manats. And the…
On March 27-29 the Siberian department of the Federal Service on Ecological, Technological and Nuclear Surveillance (Rostechnadzor) carried out an unscheduled inspection of the Zapadno-Sibirksy Iron and Steel Works. The reason for the inspection was a fatal accident at the plant on March 16. As a result of the inspection 19 violations of the industrial…
The Zabaikalye region group of companies Vostochnoye GRE plans to get 650 kg of alluvial gold in 2019. This year the enterprise will operate at 6 sites. The work will start in mid-May. At present the group of companies has gold reserves in the amount of 1.5 tons. 2.5 tons more will be added when…