The State Fiscal Service has unveiled the scheme of fake technology on metal waste processing at one of Kriviy Rih companies. According to the service, the officials of the metal works supplied controlled companies with 70 thousand tons of iron-containing mud valued at 3 million UAH. Then, having forged processing documents, the raw materials were…
The minister on North Caucasus Lev Kuznetsov together with the chairman of the Kabardino-Balkaria government Aliy Musukov visited the Gydrometallurg works in Nalchik. The company CEO Igor Morozov demonstrated technological processes and new machinery to the guests. “In addition to the construction of the new production complex at Gydrometallurg, the government of the republic settles…
250 million rubles will be sent to support mining and metallurgical companies of Primorye. The financial support is provided under the new local decree “On industrial policy”. At present the department of industry of the Primorsky Krai is preparing the documents on granting subsidies to mining and metal companies. The new decree “On industrial policy…
In 2016 steel consumption dropped by 4% YoY, to 40 million tons. This year consumption is expected to grow by 1.2% YoY, to 40.48 million tons. The demand for steel in Russia could grow for the first time in the last 4 years thanks to the improvement of the economy. Still market participants do not…
In January industrial output in Ukraine increased by 5.6% YoY. According to the State Statistics Service, processing industry showed the largest increase – by 9.9%, while mining industry growth was the lowest – by 0.3%. In particular, metal output increased by 8.5% YoY, rubber and plastic wares – by 20.3%, machine-building – by 16.1%, textiles…
The total throughput of the Novorosiisk Sea Trade Port in January increased by 6.4% YoY, to 12.67 million tons. In particular, iron ore raw materials throughput dropped by 15.9% YoY, to 177 thousand tons, that of coal – increased by 45%, to 178 thousand tons. Ferrous metals throughput went up by 6.2%, to 963 thousand…
The governor of the Rostov region Vasily Golubev visited the town of Kamensk-Shakhtinsky, where the iron and steel works with the capacity of 160 thousand tons of hot-rolled rebars per year has been constructing since 2013. The project is built in stages. The first stage, providing the construction of the energy substation, was finished last…
5 plants will be opened in Karaganda region this year, the regional akim (governor) Nurmukhambet Abdibekov said. In particular, copper leaching and refractory materials plants will be constructed. The new companies will be created under the Entrepreneurship road map. “10 projects will be implemented under the roadmap. Aside from the roadmap we will also create…
