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Uralelectromed has prepared a site for the construction of the third stage of the copper electrolysis shop. The site is situated on the territory of the old electrolysis shop, constructed in 1934 and now partly demolished. A foundation pit with the depth of 4 meters has been dug. Its total depth will be 5 meters.…
DetailsIn 2018 Severstal increased steel output by 3%, to 12.04 million tons mostly due to the commissioning of the ladle furnace No. 2. Pig iron output remained unchanged at 9.15 million tons. Consolidated sales grew by 2%, to 11.18 million tons. Coking coal concentrate sales from Vorkutaugol increased by 2%, to 3.37 million tons. (Ukrainian…
DetailsIn 2018, NLMK Group sales grew to 17.6 million tons, by 7% YoY. Steel output grew by 2%, to 17.5 million tons. Steel capacity utilization rate was 99%. Sales grew driven by growth of demand on key sales markets. Sales growth was supported by a +20%YoY increase of semi-finished product sales, to 6.8 million tons.…
DetailsThe prices of precious metals varied in Azerbaijan on January 18. The price of gold increased by 0.799 manats, to 2,196.4255 manats per ounce on January 18 compared to the price on January 17. The price of silver decreased by 0.024 manats, to 26.4263 manats per ounce. The price of palladium grew by 96.1945 manats,…
DetailsWorkers of NLMK Clabecq, a Belgium plant of the Russian steelmaker Novolipetsk Steel (NLMK), have gone on strike in response to plans to lay off half of personnel under a restructuring program, a labor union representative reported. “We announced a strike as a response to that, and it will be in force until 2.00 p.m.…
DetailsHighland Gold Mining Limited has reassessed the ore reserves at the Mnogovershinnoye deposit according to JORC (2012). Thus, gold quantity in ore as of January 1, 2018 increased to 771,569 ounces from 452,866 ounces. Gold contents dropped from 5.5 g per ton to 2.7 g per ton due to the considerable increase in ore volumes…
DetailsIn December 2018 Ukraine produced 1.89 million tons of steel, 1.83 million tons of pig iron and 1.52 million tons of rolled metal, all up by 14%, 12% and 3% YoY respectively. The output increase is due to the completion of repairs at some enterprises. Also, last year Ukraine produced 60.32 million tons of iron…
DetailsIn 2018 Ukrainian metal enterprises consumed some 1.84 billion cubic meters of natural gas, up by 4% YoY. In December 2018, gas consumption grew by 13% MoM, to 170 million cubic meters. Energy consumption last year was 11.76 billion kW-h, up by 6% YoY. (Ukrainian metal)
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