The European Commission has imposed final antidumping duties on the Belarus Iron and Steel Works rebars. The size of the duty is 10.6%. That’s below the December 2016 preliminary level of 12.5%. The investigation on the Belarusian rebars started in March 2016 on request from Eurofer. According to the company, in 2015 imports of Belarusian…Details
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Zaporizhstal presented its blast furnace No. 3 reconstruction solutions at the Hexagon international conference in Las Vegas, Nevada. The report was presented by the capital construction and investment director Alexei Lebedev. The report touched upon details of the reconstruction site and a very small territory. The company specialists have developed a number of innovative solutions…Details
The Belarus Iron and Steel Works will redistribute shipments due to the European Union introducing customs duties on Belarusian reinforcement bars, BMZ Director General Anatoly Savenok declared. He noted: “A strategy has been developed to redistribute our shipments to other target markets. Russia is one of them since the eastern neighbor is gradually recovering.” Polish…Details
Sumy scientific-manufacturing enterprise named after Frunze is finishing the order of Severniy Mining and Processing Works. The order presupposes the manufacture of two liquid-packed ring vacuum pumps. “One is ready, has been tested, painted and will soon be shipped. The second one is being assembled”, the enterprise said. These pumps are of the most powerful…Details
Ingulskaya mine of the state enterprise VostGOK has stopped mining uranium ore. According to the mine union, the operation stopped on May 31, and the idleness has already resulted in the decrease of output by 45 million UAH, while the local and state budgets will not receive some 2.9 million UAH of various taxes. The…Details
VIZ-Stal has started the second stage of its machinery modernization. The combined total of both stages is 350 million rubles. This year the company will put 30 stands of bell type furnace in operation. By 2021 the company will have replaced 70% of its bell type furnaces. VIZ-Stal is a major world and the largest…Details
Sberbank has opened a 800-million ruble loan to Pskovvtormet. The money will be spent to finance the company current activity and fulfill current obligations. Pskovvtormet was created in 1993 and is a leading enterprise in Pskov region, procuring, processing and selling ferrous scrap and wastes. The company has 16 sites in various regions, with several…Details
In May Profil-Akras produced 15.6 thousand tons of pipes and sold 17 thousand tons, with 2.2 thousand tons exported. The Pipe Works “Profil-Akras” named after Makarov specializes in the manufacture of electric-welded pipes for water and gas pipelines and heating systems. (Ukrainian metal)Details
In January-May Magadan region obtained 6.1 tons of ore gold and 1.4 tons of alluvial gold. Gold output in the region increased by 47% YoY, mostly due to the gold-mining company Pavlik, which in 5 months mined 1.5 tons of ore gold. This year the region intends to get 30.5 tons of gold (14.8 tons…Details
Uchaly Mining and Processing Works carries out the technical modernization of its processing factory grinding shop. In particular a 3200 mm ball mill has been replaced with a 3600 mm ball mill. “The replacement of the mill allows us reaching finer grinding of ore, which will improve copper and zinc extraction”, the company manufacturing-technical department…Details
Cherepovets Iron and Steel Works has finished the disassembly of its coking battery No. 4. All the work was performed in a record-short time – just 5 days. At present the concrete structures of the foundation are being examined. Then the refractory lining will be made. The total cost of the project is 6 billion…Details
UC RUSAL has offered RusHydro a stake in the future $1.4-1.6 billion Taishet Aluminum Smelter in exchange for some debt of the smelter and a discount for the power the hydropower company will sell to it. Earlier in June, RUSAL CEO Vladislav Solovyov said that the company offered RusHydro a 50% stake in a project…Details
In January-April Russia exported 238.5 thousand tons of ferroalloys, down by 20.5% YoY, valued at $413 million, up by 14% YoY. The main importers, according to the customs statistics, were the Netherlands (75.2 thousand tons, down by 22.5%), followed by Japan (44.8 thousand tons, down by 4.7%) and South Korea (27.7 thousand tons, up by…Details