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In 2018 Moldova Iron and Steel Works steel output exceeded 500 thousand tons. Despite all the difficulties the company has been able to increase wages to its employees on average by 25%. Investments in development grew 5-fold. The company has constructed a warehouse and started modernization of the scrap complex. (Ukrainian metal)
DetailsThe new director of the Novovolynskaya Mine No. 9 Pavel Tanchev intends to clear salary debts and improve labor conditions. He also wants to implement a new development plan. In particular, he told the employees that the mine would not be closed, but developed. He also assured the personnel that the salary would soon be…
DetailsThe systems of the environment management at ChTPZ and PNTZ have been named efficient. SAI Global carried out the audit at ChTPZ and TUV Rheinland – at PNTZ. This year ChTPZ has started a large-scale project on the construction of the wastewater purifying facilities. Investments total 600 million rubles. PNTZ is also modernizing its water…
DetailsIn January-November the Republic of Buryatia extracted 784.3 tons of uranium, up by 26% YoY. In 11 months of 2017, 580.3 tons of uranium were mined. Khiagda is developing 2 uranium deposits in the republic. By 2020 it intends to have commissioned another deposit. And after that it will start developing 4 more deposits. (Ukrainian…
DetailsIn January-November Kazakhstan mined 265.4 billion tenge worth of iron ore, up by 18.4% YoY. Kostanay region accounted for 87% (231.3 billion tenge), up by 16.8% YoY. Karaganda region comes second with 10.5% (27.7 billion tenge), up by 20.3%, followed by Akmola region with 1.2% (3.2 billion tenge), up by 28%. Kazakhstan holds the second…
DetailsAccording to Uzmetkombinat investment program for 2019, the construction of the casting and rolling plant with the capacity of 1 million tons of rolled metal per year will cost $50.6 million. The overall cost of the construction is $461.1 million. The project will be financed by Gazprombank and other foreign banks. The plant will produce…
DetailsIn November Russia produced 4.04 million tons of pig iron, down by 9.1% YoY (4.175 million tons in October). In 11 months the output totaled 47.025 million tons, down by 0.9%. Ukraine, though no longer a part of CIS, decreased pig iron output by 9.6% YoY, to 1.642 million tons in November (1.785 million tons),…
DetailsThe Severniy-Glubokiy mine of Kola Iron and Steel Company has carried out the first stage of rock mining to the depth of 440 meters. The cost of the project is 2 billion rubles. The new horizon will be in development at least until 2050. The construction of the mine started in 2001. It reached its…
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