Evraz NTMK has put into operation the site of round rolled metal dressing. This will double the capacity of the site, improve the dressing quality and increase product range. The new line will process round billets of 70-250 mm diameter. This allows Evraz NTMK to start working with the large diameter round billets: 160, 180…
DetailsMetalloinvest has put the new hot-briquetted iron complex (HBI-3) into operation at the Lebedinsky Mining and processing Works. Investments totaled $660 million. The HBI-3 capacity is 1.8 million tons per year. When the complex reaches its project capacity, the GOK will be able to produce 4.5 million tons of HBI per year. (Ukrainian metal)
DetailsRussian precious metals producer Polymetal International has agreed to buy 7% in a joint venture that develops the Nezhdaninskoye gold ore field and acquired an option to buy the remaining 75.3% in the venture and raise its stake to 100%, Polymetal said in a statement on July 17. “Polymetal International has agreed to acquire an…
DetailsThe Industrial-Metallurgical Holding has put into operation two new mines in Kemerovo region: the second stage of Butovskaya mine and the mine named after Tikhov. Investments into construction of Tikhov mine totaled 12,5 billion rubles. The project capacity of the first stage is 1.8 million tons. This year 1 million tons of coking coal will…
DetailsPJSC Magnitogorsk Iron and Steel Works has completed the reconstruction of gas-purifying plants at the mill’s electric-furnace melting shop with CAPEX of more than RUB 1.3 billion. The gas purifying plants are now almost 100% efficient. Over the course of the project, two old wet gas-purification systems, No. 32 and No. 33, were replaced with…
DetailsIn September the Cabinet of Ministers will spend 100 million UAH on individual protection means for the miners. According to the Prime Minister Vladimir Groysman, there are already funds for the project, and in September 100 million UAH more will be added. In May the Cabinet created the concept of reforming and developing the coal…
DetailsThe Yekaterinburg Customs has for the first time registered 1 kg of gold delivered from Guinea at the order of Yekaterinburg Non-Ferrous Metals Processing Works. The ingot is valued at $39 thousand. Not all African countries mining for gold have facilities to process it. This is a trial batch. At present the ingot is being…
DetailsPJSC Magnitogorsk Iron and Steel Works has completed the construction of aspiration systems for casting beds at blast furnaces No. 9 and No. 10. The project with CAPEX of over RUB 1 billion allows dust emissions to be almost completely disposed of, decreasing the emissions 50-fold. The aspiration system for casting beds at blast furnace…
DetailsIn Q2 the demand for the Copper Pipe Works products increased by 25% YoY. So far the company has orders up until October. The company products are in demand not only in Russia, but abroad as well. (Ukrainian metal)
DetailsThe ministry of economic development of Chelyabinsk region and MMK-Metiz have concluded an agreement on the “Modernization of metal wares manufacture” project aimed at producing 39 billion rubles worth of wares by 2025. Under the contract MMK-Metiz will invest not less that 2.9 billion rubles into the project, produce and sell at least 39 billion…
DetailsIn January-June Ukraine mined 18.435 million tons of coal, down by 2.9% YoY, or by 556.8 thousand tons. According to the Ministry of energy and coal industry, coking coal output dropped by 24.7%, or by 1.11 million tons, to 3.387 million tons, while that of power-generating coal increased by 3.8%, or by 555.4 thousand tons,…
DetailsPJSC Magnitogorsk Iron and Steel Works has commissioned the continuous hot-dip galvanizing unit No. 3. The unit will increase MMK’s capacity for the production of galvanized steel by almost 20%, to more than 2 million tons a year. The unit is designed to produce zinc-coated products through the hot-dip galvanizing of cold-rolled, thin-sheet, low-carbon steel.…
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