The Vostoc-1 miners team has won the right to develop two sites with alluvial gold in Khabarovsk region. The enterprise, extracting gold in Amur region, has participated in two auctions. The final payment for the alluvial deposits in the Satma Brook valley was 407 thousand rubles with the initial price of 370 thousand rubles. The…Details
Energomashspetsstal has shipped a batch of back-up rolls weighing 110 tons to ArcelorMittal Temirtau. The corresponding agreement was signed in February 2017. The batch included 4 bulk rolls for the cold- and hot-rolling mills. In January EMSS won the tender to produce 1457 tons of rolls for AMT. The contract signed presupposes the delivery of…Details
Tula-Steel is finishing commissioning machinery. At a trial manufacture rebars Nos. 25 and 28, as well as channel 12U have already been produced. All the railroad routes have been created. The newly founded trading house Tula-Steel will be responsible for selling metal. The capacity of the works is 1.5-1.7 million tons of steel and rolled…Details
Severstal has produced anniversary 100-thousandth tons of rolled metal at the third line of polymer coating and at the continuous hot dip-galvanizing machine No. 3 in the metal coating shop No. 3 of Cherepovets Iron and Steel Works. The third line was commissioned on December 29, 2017. The machine with the capacity of 200 thousand…Details
Dneprovsky Iron and Steel Combine will carry out capital repairs of its converter No. 1 The waste-heat boiler has almost been disassembled, and the subcontractors have started disassembling a coffer. At the same time a new waste-heat boiler is being assembled. All the technical documentation has been received. Some 200 employees work at the site…Details
Despite sanctions and limitation from both countries, Ukrainian companies continue active cooperation with their partners from Russia. The largest exporters to Russia are Azovstal (5.5-6 billion UAH in 2017), Pokrovskoye Mine Group (1.5-2 billion UAH) and ArcelorMittal Kriviy Rih (1-1.5 billion UAH). Zaporozhkoks is also on the list. At the same time AMKR supplies only…Details
As a result of explosion late on November 10, the largest metal enterprise of Kazakhstan – ArcelorMittal Temirtau – has almost completely shut down its manufacture. The blast furnace No. 3 is currently under repair, while the operation of the blast furnaces Nos. 2 and 4 is limited. The press service of the company declined…Details
In January-October the Belarus Iron and Steel Works (BMZ) exported 1.66 million tons of metal products worth over $1 billion, the company’s Press Secretary Alexander Olesik reported. In physical terms the export growth rate totaled 107.6% as against January-October 2017. In monetary terms the figure was 131.5%, with the sales profitability at 9%. In January-October…Details
In January-September DTEK decreased coal output by 4.9% YoY, to 19.987 million tons. At the same time the output of gas coal grew by 4.6%, to 17.711 million tons. Concentrate manufacture dropped by 14.6%, to 8.995 million tons. The Obukhovskoye Mine Group in Russia produced 2.276 million tons of coal and 1.421 million tons of…Details
Energomashspetsstal has shipped a batch of rolls to its long-time partner – ABB. In October EMSS sent 28 rolls weighing 220 tons to ABB enterprises in Finland and Poland. The rolls will be used to produce electric engines. Among the goods sent is a bulk roll with the weight of 50 tons. Such rolls are…Details
In October direct deliveries of steel to the companies manufacturing ferroconcrete structures, as well as house building factories totaled 13.4 thousand tons.
According to the railroad statistics, this is down by 25.1% YoY.
In January-October deliveries of steel reached 147 thousand tons, down by 30.8% YoY. (Ukrainian metal)
In October railroad deliveries of steel to the warehouses of the major trading companies and networks amounted to 0.845 million tons. According to the railroad statistics, this is down by 13.5% YoY. In July-September the deliveries were down by 9.5-14.3%. In January-October steel deliveries to trading companies dropped by 3.7% YoY, to 8.8 million tons.…Details
In 2019 and 2020 Severstal will increase investments by 75%, to $1.4 billion, as opposed to $800 million on average in the past 7 years. “The major part of the investments has to do with the savings of expenses, including placing of conveyer belts at our mining enterprises and the savings of transport expenses. Others…Details
Russian gold producer Polymetal International has finished a feasibility study of the Nezhdaninskoye gold field under the JORC code, and expects commercial gold output from concentrate produced at the field to reach 155,000 ounces per year in the first 15 years of the field’s operation, the company said in a statement on November 12. Mineral…Details
Magnitogorsk Iron and Steel Works (MMK) Group has successfully passed the external supervisory audit of its quality management systems (QMS), environmental management systems (EMS) and industrial and labor safety management systems (ILSMS) for compliance with the requirements of international standards ISO 9001, IATF 16949, ISO 14001 and OHSAS 18001. The audit conducted by external auditors…Details
NLMK Group, a global steel company with operations in Russia, the European Union, and the USA will take part in Metal-Expo’2018, the 24th International Industrial Exhibition that will be held on November 13-16 at Pavilion No. 75, VDNH (Moscow). This year, the company will present “NLMK Priority” stand. The concept of the stand embodies one…Details
The price of one ounce of gold decreased by 15.0535 manats or by 0.72% last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2088.7029 manats. The price of one ounce of silver dropped by 0.3144 manats or by 1.26%, to 24.8542 manats. The price of one ounce of platinum…Details
Prices of precious metals decreased in Azerbaijan on November 12, according to the data published by the Central Bank. The price of gold dropped by 24.191 manats, to 2,055.9035 manats per ounce on November 12 compared to the price on November 8. The price of silver fell by 0.59 manats, to 24.1205 manats per ounce.…Details
The gold output at the Verninskoye deposits, developed by Polyus Verninskoye, in Irkutsk region in Q3 grew by 12% QoQ, to 1.856 tons. Ore mining increased by 2%, to 755 thousand tons, while gold contents remained unchanged at 2.6 g per ton. Gold output also grew by 2% YoY. In January-September gold extraction at the…Details
Shareholders of Interpipe Novomoskovsk Pipe Works intend to turn the enterprise from public joint stock company into a private one. The issue will be discussed at the extraordinary meeting scheduled for December 14. The shareholders also want to renew the statutory documents, as well as documents on the general meeting, supervisory board, revision commission, etc.…Details
In January-October Ukraine decreased ferrous metals scrap exports by 18.5% YoY, to 316.196 thousand tons, valued at $102.5 million, up by 11.3%. According to the customs statistics, presented by the State Fiscal Service, in October Ukraine exported 8.274 thousand tons of scrap, in September – 7.59 thousand tons, in August – 19.05 thousand tons, in…Details
Interpipe is preparing to start mass deliveries of railroad tyres to the CIS countries. For the past several years the main sales market was Ukraine. In particular, the main buyer was Ukrzaliznytsia (Ukrainian Railways). In 2017 Interpripe supplied over 2700 tons of tyres to the Ukrainian market, and in January-September – some 2300 tons. But…Details
In October Dneprospetsstal increased steel output by 13.6% MoM, to 21.968 thousand tons.
According to the company statement, rolled metal output dropped by 3%, to 12.837 thousand tons.
In January-October steel manufacture grew by 2.4%, to 210.120 thousand tons, while rolled metal output fell by 2%, to 138.425 thousand tons. (Ukrainian metal)
In 2019 DTEK Energo intends to increase gas coal output by 2.04% YoY, to 25 million tons. According to the CEO Dmitriy Sakharuk, because of the increase of capacity at DTEK Pavlogradugol and the commissioning of additional sites at DTEK Dobropolyeugol, the output has already been increased by 1.7 million tons. In January-September DTEK Energo…Details